Tuesday, July 19, 2016

Interactive Brokers Reports $369m Revenues, as Market Making Shrinks

Interactive Brokers Reports $369m Revenues, as Market Making Shrinks


Interactive Brokers Reports $369m Revenues, as Market Making Shrinks

Posted: 19 Jul 2016 03:25 PM PDT

The electronic brokerage unit of Interactive Brokers generated $310 million of revenues, while market making was down 83%

FXDD Veteran Michael Zimkind Joins Matador Prime

Posted: 19 Jul 2016 02:18 PM PDT

After 11 years as Head of Sales, Michael Zimkind is the second executive leaving FXDD to join Matador Prime

Vela Revamps its International Team with Seven New Appointments

Posted: 19 Jul 2016 10:33 AM PDT

New hires will be located in London, New York and Chicago to support the company's global sales and marketing growth.

OSE Sees Integration of Nasdaq’s Derivatives Trading System

Posted: 19 Jul 2016 07:34 AM PDT

The JPX has gone live with Nasdaq's trading systems technology.

Kraken Exchange to Suspend Ethereum Deposits Over DAO Hard Fork

Posted: 19 Jul 2016 06:49 AM PDT

The process is expected to end in two days but the exchange might wait a few extra days for safety.

Tower Trading Group Selects Ancoa to Monitor Multi-Asset Trading Activities

Posted: 19 Jul 2016 06:48 AM PDT

Tower Trading Group has adopted Ancoa's surveillance platform to enhance its compliance function.

First Day Trading Volumes of MOEX’s USD/RUB Futures Reach $6.6 Million

Posted: 19 Jul 2016 06:46 AM PDT

Moscow Exchange announces the first trading volumes of its new deliverable futures contracts.

BNY Mellon Promotes Hani Kablawi as EMEA Head of Investment Services

Posted: 19 Jul 2016 06:11 AM PDT

Mr. Kablawi's expanded position will see him maintaining a central role in BNY Mellon's services and solutions.

Pico Utilizes Corvil’s Technology to Foster European Trading Platform Rollout

Posted: 19 Jul 2016 06:00 AM PDT

The new joint offering will look to create a unified network that aims to leverage Corvil's technology.

GAIN Capital Undergoes Branding Refresh of FOREX.com

Posted: 19 Jul 2016 05:21 AM PDT

The new FOREX.com website boasts a number of new features and is the first of several scheduled upgrades.

Kenya’s Financial Watchdog Moves to Regulate Online Forex Trading

Posted: 19 Jul 2016 05:02 AM PDT

An applicant seeking a forex license should have a minimum capital of nearly $50,000.

Broadway Technology Adds XTX Markets to its Global Liquidity Network

Posted: 19 Jul 2016 04:57 AM PDT

XTX Markets has joined Broadway Technology as a liquidity provider in foreign exchange.

FCA Says Banks Must Still Adhere to EU Rules

Posted: 19 Jul 2016 04:31 AM PDT

The FCA has said that all European Union rules will apply until there is clarity on future relations.

Brexit Impact – Rise and Fall of the British Pound Explained

Posted: 19 Jul 2016 04:11 AM PDT

You must be very careful if looking to buy GBP in the short or medium term.

SGX Shutdown Explained: Exchange Provides Details on Disruption

Posted: 19 Jul 2016 03:55 AM PDT

Last week's trading disruption was caused by a disk failure and an application that did not initially detect the problem.

ICAP Routes €212 Billion Notional Equity Baskets into Bats Europe’s ETR

Posted: 19 Jul 2016 03:32 AM PDT

The upbeat figures reflect the successful launch of ICAP's cleared equity basket solution in April 2015.

TWSE Extends First TAIEX Index Futures to Osaka Exchange

Posted: 19 Jul 2016 02:54 AM PDT

The futures contract represents the first foreign listing in Japan to track the TAIEX.

BGC Partners to Acquire Sunrise Brokers, Strengthening Equities Offering

Posted: 19 Jul 2016 02:05 AM PDT

BGC Partners has set its sights on Sunrise Brokers Group, a brokerage specializing in equity derivatives.

GMO Click Releases Steady Q1 2016 Financial Metrics

Posted: 19 Jul 2016 01:59 AM PDT

GMO's Q1 figures indicate the brokerage is continuing to build on its February 2016 highs.

Breaking: XTX On-Boards Chan Wai Kin as its Asian Head of Sales

Posted: 19 Jul 2016 01:27 AM PDT

Chan Wai Kin joins XTX Markets from Morgan Stanley, helping reinforce its newly opened Singapore office.

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