After reporting a very slow start to the summer trading season in July, data from institutional Forex ECN Cboe FX Markets – formerly known as Hotspot FX – indicates that the company saw a 5% increase in average daily volumes during August, $34.9 billion versus $33.2 billion the previous month. July's $33.2 billion ADV figure had…
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LeapRate Exclusive... LeapRate has learned that Australia based Retail Forex group AxiCorp has hired experienced FX industry executive Hannah Hill in London, as the company's new Head of Brand and EMEA Marketing. AxiCorp runs the AxiTrader retail FX brand. The move to hire Ms. Hill comes just several weeks after AxiCorp expanded its presence in London…
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It was a fairly quiet last-week-of-summer for Forex Industry News, although we continued to bring our readers the key stories and analysis they won't find anywhere else. Which Retail FX brokers reported results this past week? Which CEO departed the London office of a major global FX broker? Which is the latest Retail FX broker…
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Line is a Japanese company that offers free calls and messaging services on a variety of smart phones, including PCs. The company has just announced that it has launched its very own token based on the blockchain network. The name of the cryptocurrency is LINK, while the name of the blockchain system is LINK Chain.…
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The following article was written by FXTM staff writer Kirsty MacSween. The Long Swim has been swum. Dover’s Shakespeare Beach is more usually the starting point for taking on the challenge of swimming across the English Channel, but on Wednesday, the 29th of August, it instead played host to the triumphant finale of the first…
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LeapRate Exclusive… LeapRate has learned that Geneva and Latvia based Retail FX brokerage group Dukascopy continued its fairly weak performance from 2017 into the first half of 2018. After posting a $2.4 million loss in 2017 amid a 12% Revenue drop, Dukascopy posted Revenues of CHF 14.3 million (USD $14.8 million) in the first six months of 2018, down…
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ATFX has announced its sponsorship of the Duke of Edinburgh cup earlier this month, in line with the company’s commitment to the future leaders within its communities. The Duke of Edinburgh Cup was established to support the Duke of Edinburgh International Award and young people all around the world. Founded by HRH Prince Philip, the…
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The Securities and Exchange Commission (SEC) has announced charges against 1 Global Capital LLC and its former chief executive officer for allegedly defrauding at least 3,400 retail investors, more than one-third of whom invested their retirement funds. The Florida-based cash advance company and former CEO Carl Ruderman allegedly fraudulently raised more than $287 million since…
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MyCrypto, Inc., an open-source interface that simplifies the process of storing, sending, and receiving digital assets, has just announced it has raised $4 million in a Series A round of funding led by Polychain Capital. With these new resources, MyCrypto aims to build the first mass consumer friendly gateway for cryptocurrency users. MyCrypto provides a…
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Fortytwo Data, the UK Anti-Money Laundering and Big Data firm, has just announced that it has opened its first overseas office in Ukraine. The new location in the country’s capital, Kiev, is the first time the company has expanded beyond its headquarters in the City of London. The satellite office will be a base of…
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