First at LeapRate... After LeapRate was first to learn of and report that US regulator CFTC had filed a lawsuit in Utah against offshore retail forex Tallinex for illegally taking US clients, the CFTC today confirmed the report by issuing a formal statement on the matter. (We also explained in our original article why the…
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The U.S. Securities and Exchange Commission today charged a Salt Lake City-based brokerage firm, Alpine Securities Corporation, with securities law violations related to its alleged practice of clearing transactions for microcap stocks that were used in manipulative schemes to harm investors. To help detect potential securities law and money laundering violations, broker-dealers are required to…
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EUR/GBP has seen a noticeable 4.3% gain since May 11, helped by the strengthening of EUR. On the daily chart EUR/GBP has been trading above the downside 10-day SMA support since then. However, in early European session today, the bulls have retraced after hitting a 12-week high of 0.8766, as trading below the significant resistance…
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Data from UK online financial trading firm IG Group Holdings plc (LON:IGG) and its political trading market indicate that the Conservative's chances of winning are narrowing, but they are still expected to win a healthy majority in this Thursday's upcoming UK election. In general the IG market has reacted to the latest polling data -…
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The following article was written by Adinah Brown, content manager at Leverate. Your trading plan is the main template for every trading decision. Whilst plans are designed to take advantage of everyday trading opportunities, unusual situations that offer great potential profitability should be incorporated into the scope of every trading plan. There are a few…
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The Financial Times is reporting that former LME CEO Martin Abbott is part of a five person founding board of NFEx Markets, which aims to compete with the London Metals Exchange (LME). NFEx Markets will reportedly run on a system designed by London-based tech provider Autilla, with a target to launch in the first quarter…
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Tallinn, Estonia based FX broker technology solutions provider AMTS Solutions and MT5 developer MetaQuotes have announced the release of the AMTS MetaTrader 5 Gateway, enabling the integration of the multi-asset trading platform with leading providers of global liquidity. AMTS ECN is a high-tech, multi-module, infinitely scalable system, which is resistant to high-frequency requests and provides outstanding characteristics along…
Read moreThe London terror attack happened on Saturday, June 3rd, which was the third terror attack in the UK this year following the Westminster terror attack in March and the Manchester terror attack in May. The timing of the London terror attack especially sensitive being just a few days prior to the general election. The polls…
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Continuing the up and down month (but with very slight variations) we have seen in Forex trading volumes from leading eFX platforms, May spot FX volumes at NEX Markets came in at $81.3 billion ADV - up 7% over April. We recently reported that the EBS BrokerTec unit was renamed NEX Markets, effective immediately, following the parent…
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It took only 869 days. Nearly 29 months after the fateful Swiss Franc spike of January 15, 2015, Special administrator KPMG has announced that on Friday, June 2 they sent out notices to former Alpari UK clients, indicating that final distributions to account holders at the now-bankrupt Retail Forex broker have been made. The last…
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