LeapRate Exclusive... LeapRate has learned that Switzerland based Retail FX brokerage firm Dukascopy has seen a further decrease in business activity in the first half of 2017, following what was a fairly disappointing year in 2016. In the first six months of 2017, Dukascopy reported Revenues of CHF 14.3 million (USD $15 million) - 6%…
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Bats Europe, a CBOE Holdings, Inc. (NASDAQ:CBOE), company has today announced it received approval from the UK’s Financial Conduct Authority (FCA) on 24 August 2017 to operate its trade reporting facility as an Approved Publication Arrangement (APA) under MiFID II, with effect from 3 January 2018. The TDM, which is one of Bats’ BXTR suite…
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After reporting FY2017 net profit of S$339.7 million (S$349.0 million) several days ago, the Singapore Exchange (SGX) announced that Mr Lim Chin Hu will cease to be a member of its Listings Advisory Committee (LAC) with effect from 20 September 2017. Mr Lim will be standing for election to be appointed as a non-executive and…
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The Hong Kong Securities and Futures Commission (SFC) announced that has issued restriction notices to Caitong International Securities Co., Ltd, Pacific Foundation Securities Limited and Yuanta Securities (Hong Kong) Company Limited (the brokers), prohibiting them from dealing with or processing certain assets held in client accounts which are related to suspected market manipulation in the…
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The following article was written by Ipek Ozkardeskaya, Senior Market Analyst at FCA regulated broker London Capital Group Holdings plc (LON:LCG). Hurricane Harvey has taken its toll on the oil prices. It is said that Texas – Louisiana borders has been hit by the strongest storm in more than five hundred years. Heavy floods caused…
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CySEC regulated Retail and CFD brokerage group AAATrade has announced the launch of six cryptocurrency pairs, further broadening its choice of trading instruments. Bitcoin, Ethereum, Litecoin and Dash are now tradable against the dollar and there are also two cross pairs, Ethereum/bitcoin and Litecoin/bitcoin. The increasing popularity of bitcoin and other crypto trading among traders…
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LeapRate Exclusive... LeapRate has learned from court documents that about two weeks ago a US judge in Illinois entered a $22.9 judgement in favor of several plaintiffs which had sued Retail Forex broker IKON Global Markets for fraud, as well as its former principals Diwakar Jagganath, Ioannis Litinas and George Daskaleas. IKON Global Markets was…
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GAIN Capital Holdings Inc (NYSE:GCAP) has announced the launch of a new money transfer service on Forex.com, its global Retail FX brand. The new service, which enables individuals and businesses to quickly and easily send money in 26 currencies to over 200 countries via their desktop, tablet or mobile device, features highly-competitive exchange rates, fast…
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Belize financial regulator IFSC has issued a number of Warning Notices regarding several Retail Forex and Binary Options brokers. The IFSC noted that an entity calling itself ‘Binary/Forex Trade’ affiliated with ‘James Emiliev’ with address, Front Street, Spring City, Nashville Tennessee is falsely and fraudulently representing to hold an Expert Advisor / Consultancy / Advisory Services for…
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Research outfit Investment Trends has issued its 2017 CFD Report for its home market of Australia, noting some changes in market share among the leading brokers serving Australian retail traders. According to the Investment Trends report, UK online trading leader IG Group Holdings plc (LON:IGG) remains the dominant leader down under as well, with 35% of…
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