Wednesday, June 1, 2016

FXCM Pro Upgrades FIX Messaging System, Cuts Latency Materially

FXCM Pro Upgrades FIX Messaging System, Cuts Latency Materially


FXCM Pro Upgrades FIX Messaging System, Cuts Latency Materially

Posted: 01 Jun 2016 02:22 PM PDT

The institutional arm of FXCM has rolled out an upgraded version of its FIX messaging protocol that cuts latency up to 88%

Credit Agricole Taps Stefan Hamberger as eFX Managing Director

Posted: 01 Jun 2016 01:16 PM PDT

Mr. Hamberger joins Credit Agricole from Commerzbank, stepping into a new eFX role at the lender.

Eurex’s ADV Strikes Fresh Lows After MoM Decline in May

Posted: 01 Jun 2016 10:52 AM PDT

Eurex's strongly performing March volumes are now firmly in the rear-view mirror as ADV has collapsed to fresh 2016 lows.

Interactive Brokers Sees DARTs Reach 2016 Low in May

Posted: 01 Jun 2016 09:55 AM PDT

DARTs were once again pointed lower, with May 2016 striking fresh lows for the broker.

Deutsche Börse Incurs Broad-based Turnover Decline in May

Posted: 01 Jun 2016 09:41 AM PDT

Deutsche Börse's monthly turnover continued its monthly swoon in 2016 with May being no exception.

SIX CFO Stefan Mäder Announces Plan to Part Ways With Group

Posted: 01 Jun 2016 09:21 AM PDT

Mr. Mäder's decision to part ways snaps a six-year stint with SIX, though no succession candidate has been named.

XTB Institutional Profit Doubles YoY as Revenues Hit $21m

Posted: 01 Jun 2016 09:00 AM PDT

The Polish brokerage has published its first quarterly results as a public company, highlighting $21 million operating income.

US Committee Opens Up Investigation of NY Fed after Attempted $1b Heist

Posted: 01 Jun 2016 07:54 AM PDT

A US Congressional Committee is opening up a probe of the NY Fed's handling of an $81 million heist.

ESMA Releases Updated Q&A on CFDs, FX, Binaries Ahead of MiFID II Rollout

Posted: 01 Jun 2016 07:06 AM PDT

ESMA has addressed a number of mounting concerns about the protection of investors in Europe.

Breaking: Saxo Bank Phases out Moscow, Two Other Offices as Part of Strategic Shift

Posted: 01 Jun 2016 06:57 AM PDT

The Danish multi-asset brokerage is focusing on efficiency and spreads focus of its business on more partnerships

ArgusFX Managing Director Talks about Regulation and Independence

Posted: 01 Jun 2016 06:48 AM PDT

Almost two years after parting ways with IronFX, Harry Michaelides sees a more regulated future for the forex industry.

HSBC Secures Andre Cronje as its COO from Rival UBS

Posted: 01 Jun 2016 06:26 AM PDT

Cronje comes over to HSBC from UBS as its COO after serving in a similar role since 2013.

The Different SBA Loan Programs You Need to Know

Posted: 01 Jun 2016 05:13 AM PDT

If your business meets the requirements, the SBA can help you secure the funding you've been waiting for.

IOSCO and IFRS Foundation Introduce Protocols To Facilitate Transparency

Posted: 01 Jun 2016 05:08 AM PDT

The two organisations are boosting their cooperation towards achieving high quality standards for the global capital markets.

Goldman’s Jooris Departs for CEO Role at Bank Pictet & Cie Division in Asia

Posted: 01 Jun 2016 05:01 AM PDT

Goldman Sachs' Dominique Jooris joins Pictet as CEO of PWM South Asia.

Exclusive: Colmex Buys Out Smart Capital as Israeli Market Consolidates

Posted: 01 Jun 2016 04:23 AM PDT

As expected, the Israeli forex industry is consolidating due to the new high capital requirements.

O-SYSTEMS New Binary Options Product Osyspro Eyes Improved Conversion

Posted: 01 Jun 2016 03:43 AM PDT

Technology provider O-SYSTEMS unveils 3rd binary options product since April.

Leverate Adds Push Notification Feature to Mobile Platform

Posted: 01 Jun 2016 03:31 AM PDT

The latest features are designed to help brokerages increase conversion and achieve better communication with their traders.

Exclusive: Fastmatch On-Boards Nick Burrlock from Currenex

Posted: 01 Jun 2016 03:23 AM PDT

Continuing its hiring efforts, Fastmatch is bringing on board an industry veteran as part of its liquidity management team.

Thomson Reuters Unveils FX Benchmark Ahead of Change to ECB Reference Rate

Posted: 01 Jun 2016 03:00 AM PDT

Thomson Reuters new launch precedes a key change to ECB's euro reference rate.

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