Quantexa, the disruptive big data and analytics company backed by HSBC and Albion Ventures, announced that has opened a new office in Brussels. Further offices in Sydney and New York are due to open within the next 12 months. Following on from last month's $3.3 million fund raising, Quantexa's expansion reflects a growing customer base…
Read moreInvestors are focused on the FOMC minutes and the French presidential debate could add more colors about the election outcome. Eurozone GDP Data Puts More Light On Draghi European central bank has been pumping liquidity in the economy for some time to boost growth. The economic data out of France and Spain has confirmed that…
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LeapRate Exclusive... LeapRate has learned that CySEC licensed retail forex broker FXPRIMUS has hired a new Head of Sales, in the person of Alex Holmes. Alex Holmes is joining FXPRIMUS after about a year at Windsor Brokers, where he was Sales Manager. Prior to joining Windsor Brokers last year Mr. Holmes spent seven years at…
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Regulators around the world are stepping in to clean up retail FX, including addressing the over-leveraging.
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FXStreet appoints Setxi Fernandez as new CEO to replace Carolina May who’s been in that position for almost 5 years Independent Forex market portal FXStreet has announced today that Carolina May, Chief Executive Officer, will be replaced by Setxi Fernandez, partner and current Chief Operating Officer. Carolina May joined FXStreet in March 2007 as Marketing…
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The Depository Trust & Clearing Corporation (DTCC), the post-trade market infrastructure for the global financial services industry, today announced that the Securities and Exchange Commission (SEC) has approved rule changes allowing its Fixed Income Clearing Corporation (FICC) subsidiary to expand the availability of central clearing in the repo market, strengthening both the safety and efficiency…
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Global capital market relief at the result of the first round of the French election prompted rallies in equity markets around Europe, while fixed income markets also saw sharp corrections. The moves provided the primary driver for strong increases in volumes in some of Eurex’ newest derivative products, with volatility derivatives being the standout performer.…
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LeapRate Exclusive... LeapRate has learned that Hong Kong based forex brokerage solutions provider Broctagon Solutions has established a subsidiary in Cyprus, ahead of the planned launch of a regulated Prime Brokerage and Liquidity Solutions business. The company has established a sub called Broctagon Prime Ltd, and has already received its CySEC CIF license. The license became…
Read moreEurozone Q1 GDP initial readings (YoY and QoQ) will be released at 10:00 BST today, followed by the US Markit Services and Composite PMIs (Apr) at 14:45 BST, the US ISM non-manufacturing PMI (Apr) at 15:00 BST and the FOMC interest rate decision at 19:00 BST. The crucial US ISM non-manufacturing PMI and manufacturing PMI…
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DAX futures (JUNE 2017 contract is FDXM7, continuation contract is FDXc1) The bulls are threatening to break the consolidation to the upside yet again. A solid bull candle drove an intraday all-time high on the DAX futures but the move could not quite hold on to close above the previous peak of 12,518 which just…
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