Moscow Exchange (MOEX) just released its monthly market report for the month of July and the trading volume of stocks totalled RUB 714 bln. The average daily trading volume was RUB 34 bln, down 19% MoM. The T+2 sector made up 97% of the total secondary market trading volume and the T0 sector accounted for…
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FCA regulated retail FX and CFD broker ThinkMarkets has announced that it has successfully completed the full integration of the Trade Interceptor mobile app. In May, as was exclusively reported at LeapRate, ThinkMarkets acquired the popular Trade Interceptor trading app which was developed by Sofia, Bulgaria based software company Riflexo. In June ThinkMarkets began live trading for…
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U.S. Commodity Futures Trading Commission (CFTC) Chairman J. Christopher Giancarlo today appointed Bruce Tuckman, an internationally-recognized economist and expert in modern derivatives markets, as the agency’s Chief Economist. In addition, Chairman Giancarlo also appointed former Chief Economist Sayee Srinivasan as Special Advisor in the Chairman’s Office. It is with great pleasure that I welcome Bruce…
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The Securities and Exchange Commission (SEC) announced that hedge fund advisory firm Deerfield Management Company L.P. has agreed to pay more than $4.6 million to settle charges that it failed to establish, maintain, and enforce policies and procedures reasonably designed to prevent the misuse of inside information, including information about confidential government decisions. The case…
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Mr Gavin Keith Hyland has been permanently banned from engaging in credit activities or providing financial services, ASIC announced earlier today. Mr Hyland was banned following his recent conviction in the Brisbane District Court on two counts of dishonestly using his position to misappropriate $104,110 of investor funds. Mr Hyland is currently serving a two…
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LeapRate Exclusive... LeapRate has learned that longtime FX industry executive Alex Mackinnon has left his job as General Manager of Australia based Retail Forex broker AxiTrader. AxiTrader went outside its ranks (and its home continent) to hire Alex Mackinnon as General Manager in 2013, replacing Quinn Perrott. He had previously been Head of FX Prime…
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The following article was written by Jens Chrzanowski, Member of the Management Board of Admiral Markets Group AS. Hello, The Black Swan event in January 2015 made the whole broker industry much more aware of risky events, in which a responsible broker should limit potential risks for both sides – the client and the broker. Are…
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Retail forex broker FXCM Group and Leucadia National Corporation (NYSE:LUK) today responded to questions from FXCM’s customers regarding FXCM’s relationship to Global Brokerage, Inc. (NASDAQ:GLBR). Leucadia, a diversified holding company with a $8.5 billion market value, holds a 49.9% equity interest and up to a 65% economic interest in FXCM and is firmly committed to…
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Dan Martin has joined McQueen Financial Advisors as a Merger Valuation Specialist / Financial Analyst. McQueen Financial is a provider of investment advisory services and a variety of consulting services to community-based financial institutions throughout the United States. At McQueen, Mr. Martin will be a part of the Merger Valuation Team, providing analytics frequently involving…
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Fiserv, Inc. (NASDAQ:FISV) today announced it has acquired Dovetail Group Limited, a provider of bank payments and liquidity management solutions. This acquisition further enables Fiserv to help financial institutions around the world transform their payments infrastructure to meet the evolving needs of wholesale, commercial and retail customers. Financial terms were not disclosed. As the global…
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