FX broker technology provider AMTS Solutions releases MT5 gateway LeapRate

June 05, 2017 BY LeapRate Staff

FX broker technology provider AMTS Solutions releases MT5 gateway

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…

June 05, 2017 BY FxPro

GBP Holds After London Terror Attack and Conservatives’ 1% Lead

The 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…

June 05, 2017 BY LeapRate Staff

NEX Markets, formerly EBS, has strong May with Spot FX volumes at $81.3 billion ADV

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…

June 05, 2017 BY LeapRate Staff

Alpari UK final bankruptcy distribution results in $17.3 million client funds shortfall

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…

June 05, 2017 BY LeapRate Staff

Bitcoin's wild weekends: volatility peaks again between Friday and Monday

Most financial instruments, like the majority of we people, take the weekend off. Even when weekend trading is offered by online brokers on key currency pairs or indices, it usually occurs with very low volume and little price movement barring any market-moving news, basically there to allow traders to adjust positions or hedge open positions…

June 05, 2017 BY LeapRate Staff

Hong Kong retail forex broker KVB Kunlun loses China TPME spot metals trading revenue stream

Hong Kong Forex retail forex broker KVB Kunlun Financial Group Ltd (HKG:8077) has announced that it has received a notice from the Tianjin Precious Metals Exchange Limited in China (TPME) to the effect that the TPME will adjust its precious metals spot trading business with a view to reduce the trading risks. As a result,…

June 05, 2017 BY LeapRate Staff

ASIC bans former State One Stockbroking executive Sean Nofal for three years

Australian financial regulator ASIC has announced that it has banned Sean Nofal from providing financial services for three years. ASIC found that on two occasions Mr Nofal's conduct fell far short of the standard that would reasonably be expected of a competent financial services provider. ASIC also found that Mr Nofal did not have sufficient…

June 04, 2017 BY LeapRate Staff

TR Binary Options receives warning from Canadian regulator BCSC

Continuing its string of warnings against unregulated brokers and other scams targeting retail traders in Canada, Canadian securities regulator the British Columbia Securities Commission (BCSC) has added to its Investment Caution List unregulated binary options broker TR Binary Options, formerly known as Trade Rush, owned by Melnic Group Ltd., and operated from website trbinaryoptions.com. According to the…

June 04, 2017 BY LeapRate Staff

Forex Industry Week Review: XTrade suspended, offshore FX broker sued, executive moves, and lots more…

It was week involving a number of somewhat severe regulator moves in Forex Industry News at LeapRate. Both the Cypriot and Australian financial regulators suspended / revoked the licenses of Retail Forex brokers. And in the US, an offshore broker was sued for taking US clients, a big no-no in the business. In our continuing…

June 02, 2017 BY LeapRate Staff

Former Deutsche Bank trader David Liew banned for Spoofing and Manipulation of Gold and Silver Futures markets

The U.S. Commodity Futures Trading Commission (CFTC) today issued an Order filing and settling charges against David Liew for engaging in numerous acts of spoofing, attempted manipulation, and, at times, manipulation of the gold and silver futures markets. Liew engaged in this unlawful conduct for more than two years while he was employed as a…