Executing Venue
The Middle East has played host to a range of developments in the world of trading in a relatively short time, the majority of which have been the emergence of executing venues and exchanges such as the Dubai-based DGCX. The …
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Tradition Completes First Accounting Period under IFRS – 10.6% Decline Compared to Q1 2012
24
2013
The past year has been an interesting yet turbulent time at interdealer broker Tradition. The company has gained significant support from a variety of banking institutions and spot FX market participants for its new ParFX venture, which went live last …
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Kept In The Dark By Credit Suisse – Non-disclosure of Trading Volume on Crossfinder Platform
22
2013
Swiss banking institution Credit Suisse has stopped voluntarily disclosing the amount of trading volume on its Crossfinder platform, the world’s largest dark pool, highlighting the debate over the transparency of U.S. equities markets. Last year, FXCM entered into a joint …
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Fidessa Sets Sights on The Far East – Provides Pan-Asian Single Connection To Buy and Sell-Side Firms
22
2013
Over the last year, high-performance trading and information solutions provider Fidessa Group has been committing itself to growth within certain segments of the market, one of which is the derivatives industry. During June last year, the company appointed two new …
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Dubai’s premier commodities trading place DGCX launched the much awaited mini Indian rupee contract on the back of increasing trade volumes in the BRICS member’s currency. DGCX has been witnessing record trading volume in rupee futures and expanded its product …
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Following a mediocre 2012, interdealer broker Tradition dedicated itself to platform development and has now launched its new spot forex trading platform, ParFX. Development and Concept Initial founder testing commenced in October last year, representing a reasonably swift transition from …
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DGCX Passes the 100,000 Milestone – Daily Volumes Head Into Six-Figure Territory
17
2013
In an interview in January 2013 with Forex Magnates, The Dubai Gold and Commodities Exchange (DGCX)’s CEO Gary Anderson detailed the exchange’s vision for 2013, which covered the exchange’s plan for corporate growth and diversification into new contracts, technological improvements …
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With gold prices plummeting $250 from Friday to a low of $1316 on Monday, and bouncing briefly back above $1400 yesterday, trading volumes have exploded for both OTC and exchange traded offerings. The sharp drop below $1500, at what was …
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