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.
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.
London-based inter-dealer broker ICAP has bought Traiana, Inc (Traiana), a privately owned provider of automated post-trade processing services to financial institutions.
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.
It was announced on Thursday that the international derivatives exchange Eurex will be launching around 170 further single stock futures on stocks listed on the Dow Jones STOXX 600, RDXxt USD and S&P 500 indices in the period leading up to February 2008.
Cognotec, a provider of web-based institutional and retail foreign exchange trading solutions, yesterday announced it is to locate open a new data centre in Chicago.
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, 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.
Interdealer broker ICAP, which operates spot FX trading platform EBS, has expanded its suite of electronically-traded currency pairs with the introduction of a sterling/Swiss franc pair.
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.