The MetaTrader 5 trading platform has further expanded its presence in Turkey. This time, forex trading platform developer MetaQuotes announced that Turkish forex broker GCM Forex started offering the multi-asset platform to their traders. As GCM, we are glad to announce that we have launched MetaTrader 5 in a trading environment with changing trends and…
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Everbright Photon, a subsidiary of the Chinese futures house (EverBright Futures) and part of a Fortune 500 Chinese financial business, announced that has chosen the Horizon Software as its core trading technology for the new commodity options markets, which went live in China in March (DCE) and April (ZCE) this year. Immediately after the 2016 China International…
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Avelacom, a global provider of infrastructure and connectivity solutions for trading, announced its network expansion to Riyadh with the aim to allow global capital markets access low-latency, real-time market data feeds across various asset classes of Saudi Stock Market (Tadawul). This market data solution is designed in response to a high demand from the global…
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Payments technology provider PayKey has announced that the company has raised $6 million of a planned $10 million Series B financing round. The round was led by Israel-China venture capital fund MizMaa. PayKey's technology and solution allows for in-app payments, without requiring the user to leave the app they're using in order to facilitate the…
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ASIC announced that has permanently banned Perth man, David Fong, from providing financial services and engaging in credit activities after it was found that he acted dishonestly in the course of providing financial services and failed to comply with the 'best interests' duty. Mr Fong was an authorised representative of AMP Financial Planning Pty Ltd…
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LeapRate Exclusive... LeapRate has learned via regulatory filings that global investment bank Goldman Sachs Group Inc (NYSE:GS) has been steadily selling down its stake in UK based online FX and spread betting broker CMC Markets Plc (LON:CMCX) over the past few weeks. Goldman Sachs has been a long term investor in CMC Markets, and in fact was…
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CBOE Holdings, Inc. (NASDAQ: CBOE) announced it plans to list options on Altice USA, Inc. (ATUS), a U.S. cable provider. CBOE Holdings anticipates trading in options on Altice USA will begin on Friday, June 30, once the underlying stock has been certified as meeting all of CBOE Holdings' applicable exchanges' listing criteria. The company plans…
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Payments services company Paysafe Group Plc (LON:PAYS) has today released a whitepaper, titled Five Proven Strategies to Achieve Cross-Border E-commerce Growth, which reveals how companies can use cross-border payments to gain competitive advantage in the booming international e-commerce market. International sales are becoming a growing part of every organisation’s revenue, particularly for e-commerce businesses. This…
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LeapRate Exclusive... LeapRate has learned from sources in Israel that online gaming giant William Hill plc (LON:WMH) will be shutting its operation in Israel. More than 200 of the company's approximately 250 Tel Aviv based employees will be laid off, and the company's offices at the Azrieli Towers (pictured above) will be vacated. A small number…
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Forex Industry News at LeapRate this past week was very much a microcosm of what's going on both very publicly, as well as behind the scenes in the sector, over the past few months. Binary options brokers scrambling amid new laws and regulations; foreign FX brokers trying but not always succeeding to get a foothold…
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