The British pound made a run for the $1.30 mark against its US counterpart today, before pulling back late in the session and some believe it may be difficult to break through this level. At 5.06pm (GMT) the British currency was trading at $1.2938, virtually unchanged from yesterday’s trading. The local currency has been on…
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This week LeapRate caught up with Imran Firoz, Managing Director (pictured above) of US-headquartered Match-Trade Technologies, a global Forex brokerage software provider. His early experience in the FX industry was as the Chief Financial Officer of a brokerage firm where he provided financial oversight to accounting & finance departments of the company and advised the…
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Finantick, a recent entry into the platform development space for retail FX and binary options trading today informed of the launch of a new version of its binary brokerage platform, now offering a new user interface, messaging and pop-up system, as well as direct integrations to the largest affiliate systems. The company, which was largely…
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Canadian securities regulator the British Columbia Securities Commission (BCSC) announced that has added to its Investment Caution List unregulated binary options broker TorOption, which is owned and operated by Smart Choice Zone LP (together, the Parties). TorOption claims to be based in Glasgow, Scotland, and provides an online binary options trading platform, operating at www.toroption.com.…
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Hong Kong’s financial regulator the Securities and Futures Commission (SFC) has updated its Alert List, which features the names of businesses that are unlicensed in Hong Kong and are believed to be, or to have been, targeting Hong Kong investors or claim to have an association with Hong Kong. Added to the SFC Alert List…
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Prime Broker and Clearing firm GPP announced that it relocates to larger offices to accommodate growing business lines and coincides move with a rebrand and new website. So far GPP's number of clients is up 14% compared to last year. In February GPP launched Structured Products Business and is set to launch new business lines…
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LeapRate Exclusive... LeapRate has learned that UK online brokerage London Capital Group Holdings plc (LON:LCG) has continued to build its management team, hiring forex industry veteran Emilio Lobo as its new Head of Business Development. Mr. Lobo spent the last year consulting on MiFID II product development and compliance. From 2013-2016 he ran the IronFX representative…
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Hong Kong Exchanges and Clearing Limited (HKEX) just released its quarterly results for the three months ended March 31 2017. The highlights are: Revenue and other income for Q14 2017 was 11% higher than Q1 2016, which was attributable to: - Increases in core revenue including Stock Exchange listing fees and depository, custody and nominee…
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The former Bundesbank president and acting chairman of UBS, Alex Weber, and German finance minister Wolfgang Schaeuble have in the past couple of days said they believe the European Central Bank will or should soon begin tapering its quantitative easing. They hinted that that could happen around September. With growth at some of the highest…
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