Trading volumes reports from the institutional space continue to come in. The month of August is proving to be a solid one despite the typical…
Posts published in September 2018
Odey Asset Management Accumulates 5% Stake in Playtech
The foreign exchange and CFDs trading industry has been since the start of the year. This has been primarily driven by the rollout of the…
Five of U.S. financial regulators announced Tuesday they were allowing additional time for the public to comment on a proposal to ease the “Volcker Rule,”…
Unfair Deals and Unbundled Costs – Will Market Data Fees Stop Rising?
Rising are continuing to be a source of frustration for institutional investors. With a number of market participants reporting a near three-fold increase in their…
US Dollar Rallies on Trade War Fears, ISM Manufacturing Data
The US dollar rallied against all of its major rivals today. Market analysts explained the rally by risk aversion caused by trade war fears, though many also mentioned the unexpectedly positive…
Belgium’s Watchdog Warns against Cryptocurrency Platforms
Belgium’s financial watchdog, the Financial Services and Markets Authority (FSMA), today said it continues to receive new complaints of consumers who have invested in cryptocurrencies.…
Exclusive: JFD Quietly Closed Chinese Office as PSP Problems Continue
Finance Magnates has learnt that JFD Brokers (JFD) closed its in May of this year. According to Doris Zhang, formerly at JFD, the firm faced…
SIX Swiss Exchange Sets Record for Operating Income in H1 2018
The SIX Swiss Exchange, , has broken a new record. For the first time in the company’s history, it has exceeded CHF 1 billion ($102.6…
Rand Drops After South African Economy Enters Recession
The South African rand dropped today, touching the lowest level since June 2016 against the US dollar, after the nation’s economy entered recession unexpectedly. South Africa’s gross domestic product…
LiquidityEdge Taps NEX Group Veteran Andy Bria as COO
LiquidityEdge, an electronic US Treasuries (UST) trading venue, announced today that it has secured Andy Bria as Chief Operating Officer. In his new role, Bria…