Foreign Exchange

GAIN Capital Group appoints Andrew Haines to CIO

GAIN Capital Group (GAIN), a leading provider of foreign exchange services for institutional and individual investors, today announced the appointment of Andrew Haines to CIO.

Instinet expands commission management offering with launch of T*Share

On Monday, Instinet, an agency-only broker and wholly-owned subsidiary of Nomura Holdings, launched T*Share, a new program which allows institutional clients to trade with multiple brokers while consolidating their commission credits on Instinet’s new Plazma commission management platform.

Daily trading volume on FXall clears $90 Billion

Foreign exchange trading platform FXall says it has set a new daily record volume of $90 billion. Average daily volume on the platform for September was up by more than 44% by comparison with the same period in 2006.

icubic AG and Fimas GmbH enter sales and marketing co-operation

icubic AG, a provider of software solutions for the electronic trading of financial instruments, and Fimas GmbH, a provider of specialist consultancy services to active market participants in global financial instrument trading, have committed to a sales and marketing agreement for Europe.

4th Story adds direct access to Hotspot FXi

4th Story, a provider of automated and algorithmic trading software to institutions, hedge funds and broker-dealers, announced on Monday that trading strategists using 4S.Everglades can now connect to Hotspot FXi for spot foreign exchange trading.

BT expands its Asian operations

On Tuesday, BT, a provider of converged trading communications, announced that it has expanded its efforts in Asia with the addition of CNCB to its list of customers across the region.