Investors seem to be betting that increased trading volumes are here to stay. With no other news out there as the catalyst, it seems as if ICAP's healthy January trading volumes reported earlier this week have triggered a buying frenzy of both its shares, and those of leading UK spreadbetting firm IG Group. Over the…
Read moreIG Group first half results down, but doing much better than others in a quiet market. UK-based spreadbetting company IG Group released more details of its first half 2013 results (for the six months ended Nov 30, 2012), with not many surprises over what they had already reported in an interim report several weeks ago.…
Read moreIG Group continues to grow its market share in its key markets. Although overall activity remains well below last year's levels across all of its key markets -- similar to trends we see worldwide -- leading UK-based online trading firm IG Group continues to increase market share, reporting Q2 activity (quarter ended Nov 30, 2012)…
Read moreGaitame only doing about $30 billion of monthly volume / $28M annualized revenue. Swiss-exchange listed Compagnie Financière Tradition SA (or "Tradition"), controlled by France's Viel & Cie, owns 49.5% of Gaitame, one of the largest Japanese Forex firms. In its 2012 first half results release, Tradition reported that revenue at Gaitame fell by 4% in…
Read moreFSA unable to sell WorldSpreads, will return cash to clients.
Read moreFSA and KPMG have teams in on the weekend.
Read moreFirst-of-its-kind measure of retail FX volumes globally.
Read moreResearch firm Investment Trends issued a detailed report on the Australian Forex and CFD market (see text of theire news release below). Among the key findings were that Australia is already a larger FX market, relative to the country's size, than most other countries, yet the prospects for growth are still high. The report also…
Read moreLeading Australian Forex firm AxiTrader crosses $50B-per-month threshold.
Read moreFrance remains a very small FX/CFD market, relative to its size.
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