All we can say is: Wow! Yes folks, the graph below is not in error. After posting several consecutive quarters of record revenues above $100 million, FCA regulated CFDs broker Plus500 Ltd (LON:PLUS) has reported one of the most astonishing financial reports we've ever seen here at LeapRate. Revenues more than doubled from Plus500's best ever…
Read moreAfter setting two consecutive trading volume records in January and February, data from institutional Forex ECN Cboe FX Markets – formerly known as Hotspot FX – indicates that the company saw a marked decline in activity during March, and now April. After reporting record daily average trading volumes of $44.3 billion in February 2018 and $42.6 billion ADV…
Read moreAustralia financial regulator ASIC has issued a statement indicating that it is focused on misleading or deceptive conduct in the marketing and selling of digital or virtual tokens via initial coin offerings (ICOs). ASIC said that these offers can involve significant risks for investors that are often not disclosed or well understood. ASIC said that…
Read moreFollowing three months of strong FX trading volumes to start off the year, GTX – the institutional FX arm of retail forex broker Gain Capital Holdings Inc (NYSE:GCAP) – has reported that activity slowed somewhat during the month of April 2018. GTX reported $306.5 billion of total trading activity in April between its ECN and SEF…
Read moreContinuing a very strong start to the year, Forex ECN FastMatch has reported that April 2018 FX trading volumes edged up by 3% versus March, averaging $19.4 billion daily. After seeing two of its best months ever in January and February, FastMatch FX trading volumes declined by 11% MoM in March 2018 to $18.8 billion ADV,…
Read moreThe U.S. Commodity Futures Trading Commission (CFTC) has announced that it has filed a federal civil enforcement action in the U.S. District Court for the Western District of Texas against Defendant Charles H. McAllister, of Auburn, Alabama, charging him with fraud and misappropriation in connection with contracts of sale of precious metals through his company, BullionDirect, Inc.…
Read moreAfter going down to $390, Ethereum just went back to almost $691, noting an increase of almost 80% in just under a month. The digital currency took a huge plunge following the massive price of $1,330 in December. The reason for the increase in price at the end of last year may be owing to…
Read moreNMI, a leading provider of payments enablement technology for independent sales organizations (ISOs), independent software vendors (ISVs), value-added resellers (VARs) and payment facilitators, and Paysafe, a leading global payments provider, today announced an expanded partnership which sees NMI leverage Paysafe’s global acquiring and processing reach and Paysafe deepen its integration and offering accessible through NMI’s payments enablement technology.…
Read moreThe UK Financial Conduct Authority (FCA) has put out details of the cloned firm Amalgamated Properties Limited. Fraudsters are using the details of firms, authorised by the FCA, to try to convince people that they work for a genuine, authorised firm. Fraudsters are using or giving out the following details as part of their tactics…
Read moreThe following article was written by Amram Margalit, content manager at Leverate. Following an unprecedented climb from levels below 7,000 in 2009, the Dow Jones Industrial average recently attained the dizzying height in excess of 26,000 some nine years later. However, since the beginning of 2018, the market has been stuck in a volatile range, with prices…
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