LeapRate Forex Industry News

Estimated Valuation for FXall of $400 million

Institutional Forex ECN FXall (or more formally, FX Alliance Inc.) filed yesterday for an IPO and a public listing of its common shares. FXall bills itself as "the leading independent global provider of electronic foreign exchange trading solutions, with over 1,000 institutional clients worldwide."

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FXCM's inclusion in LeapRate's Approved List under review

The U.S. National Futures Association (or "NFA") has issued a $2,000,000 monetary sanction against FXCM. The fine was in settlement of a complaint issued by the NFA's Business Conduct Committee relating to price slippage, failing to treat all customers equally when giving price adjustments, failing to adequately investigate suspicious activity in several customer accounts, and - together with its principal Dror Niv - failing to supervise.

Welcome to LeapRate's Forex Yellow Pages

The Forex Yellow Pages is a one-of-a-kind online resource, providing easy access to a variety of companies which provide services and products to the Forex industry – everything from software providers, to experts on regulation and legal issues, to currency asset managers.

Simply click on the "Yellow Pages" directory at left, and choose the category and type of service you're looking for.

To advertise in the Forex Yellow Pages please contact us at classifieds@leaprate.com.

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Gain Capital’s just-filed quarterly 10-Q report has shed some more light on its recent acquisition of dbFX. And as we speculated when the deal was announced back in April, very little money changed hands.

Specifically, Gain’s Q2 reveals that:

Gain Capital’s just-filed quarterly 10-Q report has shed some more light on its recent acquisition of dbFX. And as we speculated when the deal was announced back in April, very little money changed hands.

Specifically, Gain’s Q2 reveals that:

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A number of interesting announcements over the last week in the Forex world. Specifically:

1) IG Group 2011 Year-End Results. First, note that IG Group has a May 31 year end. While IG Group gave us a summary of Q4 and year-end results back at the beginning of June, the company yesterday put out more details on the year. Interesting to note: