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by Oz Golan, Tradency. One month after applying the new 1:50 leverage rule, Japanese FX Brokers are beginning to take action in order to maintain their current trading volumes. “TOKYO (Nikkei)– Brokerages that handle foreign exchange margin trades are lowering commissions in order to attract customers as stricter leverage restrictions fuel concerns about a shrinking [...]

The CFTC has finally released its final regulations concerning off-exchange retail foreign currency transactions. The rules implement provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act and the Food, Conservation, and Energy Act of 2008, which, together, provide the CFTC with broad authority to register and regulate entities wishing to serve as counterparties [...]

Better enforcement of high-frequency and algorithmic trading is required, said a commissioner at the Commodity Futures Trading Commission, The Wall Street Journal reports. More appropriate rules and regulations need to be developed to police the high-speed nature of computer-aided trading styles, added Scott O’Malia. New rules are needed instead of conforming pit trading enforcement methods [...]

Similar figures were posted by various sources like Bloomberg. Check Francesc’s post. New York, July 26, 2010 – The Foreign Exchange Committee today released the results of its twelfth Survey of North American Foreign Exchange Volume. For the April 2010 reporting period, key findings are featured below. Average daily volume in total over-the-counter foreign exchange instruments (including spot [...]

Tradency, one of the largest auto trading companies in the market, is now launching a new and more advanced version of its platform. Auto trading is increasingly becoming the most growing segment in the retail forex market as more and more traders prefer to rely on others to make their trading decisions. There’s quite a large number [...]

I know it’s a bit late (end of June) yet this hasn’t been published yet so what the hell. Hotspot recently released their trading volume figures and the numbers are simply astounding. During May 2010 Hotspot transacted over $1 Trillion total volume… May 6th was the most volatile with almost $90 billion traded in a [...]

Panda Trading Systems, a leading broker technology vendor, launched a brand new customer-focused, interactive website this month. The site, www.pandats.com, is designed in direct response to Panda TS research into what brokers really want. Panda Trading Systems Chief Executive Sam Gutman says: “At Panda Trading Systems we have always taken customer concerns very seriously, talking [...]

Hotspot, one of the largest institutional forex ECNs and liquidity providers, just reported record levels of volumes for April 2010. Hotspot’s average daily trading volume for April was around $60 billion and May was even better as Hotspot reported volumes of almost $90 billion a day in some of early May days. If anyone had [...]

At least according to Euromoney. I wrote about their methodology, which I don’t find very accurate, once before but honestly it’s not worse than my own retail volumes survey which mostly relies on what I know and hear (and it’s not always hard facts). Deutsche Bank (DBKGn.DE) is the biggest player in the foreign exchange [...]

FXCM Holdings LLC has released its latest balance sheet. The numbers reflect FXCM’s financial strength and status as of February 28, 2010. Highlights include: $137,870,045 Million in Capital (Assets Minus Liabilities) – an increase of over $20 million since the last update four months ago. $152,167,482 In Operating Cash (Excludes Client Funds) – an increase [...]