FXCM Inc. (NYSE:FXCM) today announced metrics for August 2014 for its retail and institutional FX business. Keeping up with the overall trend in the industry, FXCM had a nice month for retail although institutional volumes were a tad flat. Even so, August was the best overall month in 2014 for the firm, you can see the breakdown and…
Read moreIn order to support the company's growth and its differentiated product offering the company has acquired its main platform and technology provider, Ariel Communications.
Read moreReuters is reporting that Cantor Fitzgerald, leading global financial services firm, today announced the continued expansion of its Foreign Exchange (FX) Sales and Trading group with the appointment of Joseph Pinto as Senior Managing Director and Stephan McElreath as Vice President. Mr. Pinto and Mr. McElreath will be responsible for building out Cantor's global FX…
Read moreCaplin FX Mobile delivers mobile trading with a keen eye on the tablet market
Read moreCLS, which operates the largest multi-currency cash settlement system to mitigate settlement risk for the FX transactions of its members and their customers saw a fall back in volume activity for July. Alexander Filshie, Chief Financial Officer, CLS: ”The average daily volume submitted to CLS in July 2014, combining the settlement and aggregation services, was…
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Read moreKCG has reported income for the second quarter of 2014 of $9.0 million, with pre-tax income from continuing operations standing at $145 million.
Read moreThe ongoing regulatory bureaucracy concerning how swaps are cleared in North American markets has resulted in LCH.Clearnet technically having cleared swaps prior to its SEF approval. CFTC holds off enforcement action for now.
Read moreDeutsche Bank sets aside funds for legal provision and payment of potential fines in FX rate manipulation case, indicating potential conclusion
Read moreMarketPrizm invests in channel model to meet growing demand for managed trading infrastructure in Asia, with ex-BT Global executive Richard Man at the helm.
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