May 03, 2017 BY LeapRate Staff

Binary Options broker OptionRally loses Belize IFSC license

Belize financial regulator International Financial Services Commission (IFSC) has announced that TCM Investments Ltd., with registered office at Suite 508, Marina Towers, Newtown Barracks, Belize City, Belize, Belize, C.A. is no longer licensed in the country. TCM Investments operates the OptionRally binary options brand at website optionrally.com outside of the EU. OptionRally is operated by a different regulated entity…

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NEX Group market volumes
May 03, 2017 BY LeapRate Staff

EBS forex volumes down 12% MoM in April to $76.1 billion ADV

Continuing the string of weak volume reports for the month of April 2017 from some of the leading institutional eFX trading venues, NEX Group PLC (LON:NXG) has reported that its EBS unit saw volumes drop by 12% MoM, coming in at $76.1 billion ADV. That marks EBS's slowest month for trading since August 2016. Overall,…

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May 03, 2017 BY Saxo Bank

Calls on GSK attractive ahead of Advair generic decision

BackgroundShares in Danish insulin producer Novo Nordisk are up 7% today as the company's first-quarter results beat revenue and net income estimates and it lifted the lower end of its previous full-year guidance. The big question is whether this is a signal to get on the bandwagon of Novo Nordisk. While the result was definitely…

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May 03, 2017 BY Valentina Kirilova

EBS BrokerTec to be renamed NEX Markets

NEX Group plc (LON:NXG), a financial technology company at the centre of the global markets, announced today that its EBS BrokerTec business which provides electronic trading technology and services to the foreign exchange (FX) and fixed income markets, will be renamed NEX Markets. The business is being renamed to further align with NEX. The new…

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May 03, 2017 BY Valentina Kirilova

Chicago based AMP Futures launches MT5 platform

AMP Futures has officially announced the launch of the MetaTrader 5 platform for trading futures AMP Futures is a US regulated Chicago-based Futures Commission Merchant (FCM) providing access to the global electronic futures markets for individual traders, as well as US and foreign Introducing Brokerages from 150+ countries around the world. AMP Futures offers over…

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May 03, 2017 BY Valentina Kirilova

Intercontinental Exchange reports Q1 2017 GAAP diluted EPS of $0.84 on revenues of $1.2 billion

Intercontinental Exchange (NYSE: ICE), the global network of exchanges and clearing houses and provider of global data and listing services, today reported financial results for the first quarter of 2017. For the quarter ended March 31, 2017: consolidated net income attributable to ICE was $502 million on $1.2 billion of consolidated revenues less transaction-based expenses.…

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May 03, 2017 BY FxPro

GBP/USD Consolidates Ahead of FOMC and NFP

GBP has been the strongest currency over past three weeks. GBP/USD has seen a 4.6% rise since April 10, largely because of UK Prime Minister Theresa May’s sudden announcement of a snap general election on April 18. On the daily chart, the price is still holding above the downside 10-day SMA support. Nevertheless, the bullish…

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May 03, 2017 BY Hantec Markets

Discussing US growth and the FOMC on Bloomberg Turkey

Richard Perry was interviewed on Bloomberg TV in Turkey where he was discussing the outlook for US growth and FOMC monetary policy. In the interview, recorded on Monday, he talked about the impact of deteriorating US economic data and the Atlanta Fed GDPNow forecast. He also discussed the prospects for Fed monetary policy with the…

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