After the successful release of the MetaTrader 5 MAMM solution, the Plugit Apps integrator company announced that has decided to extend their portfolio of products for brokers already using the new-generation platform. As MetaTrader 5 gained a foothold to become the favorite platform among retail brokers, we sought to carry on investing in more MetaTrader…
Read more
LeapRate Exclusive... LeapRate has learned via filings made in the UK and the UAE that Arab-focused retail forex broker One Financial Markets has seen a nice bump in its business activity and profitability in 2016, after what was a fairly difficult 2015 for the company. On the top line, One Financial brought in record Revenues…
Read more
LeapRate Exclusive... LeapRate has learned via regulatory filings that FCA regulated MT4 broker ActivTrades has just reported its financial results for what seems to have been a very successful 2016. ActivTrades, which is controlled by Swiss entrepreneur Alex Pusco who still serves as the company’s CEO, saw Revenues grow by 11% in 2016 to £34.9…
Read more
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…
Read moreThe FOMC kept rates on hold on Wednesday which was in line with market expectations. The FOMC stated that the weak Q1 GDP is transitory and business investment firmed. The FOMC left the door open to a June rate hike in the statement. Per the CME’s FedWatch tool, the probability for a June rate hike…
Read more
Canadian securities regulator the British Columbia Securities Commission (BCSC) has added to its Investment Caution List unregulated binary options broker B4Option. B4Option has claimed to provide an online binary options trading platform. Spain’s securities market regulator CNMV already warned against B4Option two years ago. A binary option is a type of option whose payout depends…
Read more
Moscow Exchange (MOEX) just announced that in April 2017 total trading volumes across the exchange's markets amounted to RUB 70.9 trln. Turnover grew: on the Money Market up 20.2% YoY, Equity and Bond Market up 17.9% and FX Market up 9.5%. More detailed information on MOEX' total trading volumes can be seen below: Equity and…
Read more
Online trading industry leading broker IG Group Holdings plc (LON:IGG) announced that is offering access to retail IPOs on its Investment Platform for the first time. IG launched the service today, with applications now open for the Global Ports Holding IPO. This latest development of IG’s Investment Platform allows investors to subscribe to upcoming IPOs…
Read more
Bats, a CBOE Holdings, Inc. (NASDAQ: CBOE) company today welcomed VelocityShares® branded ETNs to the Bats ETF Marketplace. The VelocityShares 1x Long VSTOXX Futures ETN (Bats: EVIX) links Long Securities to the VSTOXX Short-Term Futures Investable Index (the "Long Investable Index"). The Long Investable Index replicates the performance of a long position in [constant-maturity one-month…
Read more
On 2 May 2017 the Administrative Appeals Tribunal (AAT) upheld ASIC's decision that Mr Michael Roger O’Sullivan of Sydney be disqualified from managing corporations for five years and from providing financial services for seven years. The AAT qualified the five-year disqualification decision by permitting Mr O'Sullivan to remain as a director of three private companies,…
Read more