April 27, 2017 BY LeapRate Staff

Canada financial regulatory umbrella group CSA proposes Binary Options ad ban

The Canadian Securities Administrators (CSA), the council of the securities regulators of Canada’s provinces and territories which co-ordinates and harmonizes regulation for the Canadian capital markets, has published for comment National Instrument 91-102 Prohibition of Binary Options. The proposal would prohibit advertising, offering, selling or otherwise trading a binary option to an individual throughout Canada. Given that…

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April 27, 2017 BY Saxo Bank

UPDATE: Natural gas extends positive momentum

We exited a long vertical call spread in natural gas on Tuesday due to April expiration of the options and the underlying futures. This indeed is a reminder that options are indeed a decaying asset that one needs to be aware of at all times. Nevertheless, we are seeing renewed interest with the new active…

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April 26, 2017 BY FIBO Group

Euro set to strengthen?

The Euro is trading slightly lower against its US counterpart in today’s trading after rallying for the past few days and some say this is just a small bump in the road and the European currency has further to climb. At 6.10pm(GMT) the Euro was trading at $1.0873 down from $1.0925 in yesterday’s trading. After…

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XTB forex broker
April 26, 2017 BY LeapRate Staff

Forex broker XTB sees revenues plummet 38% in Q1 to PLN 58 million

LeapRate Exclusive... LeapRate has learned via regulatory filings made in Poland that Warsaw based X Trade Brokers Dom Maklerski SA (WSE:XTB), which operates Retail Forex broker XTB.com as well as the X Open Hub trading platform, has continued its quite unusual pattern of up-and-down performance with a very slow quarter to begin 2017. XTB has indicated in…

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April 26, 2017 BY Valentina Kirilova

Broadridge appoints Deborah A. Bussière as Global Chief Marketing Officer

Broadridge Financial Solutions, Inc. (NYSE:BR) announced today that it has appointed Deborah A. Bussière as Global Chief Marketing Officer, effective May 8. In this role, Bussière will be responsible for directing Broadridge’s global marketing functions, including execution of the company’s brand strategy, product marketing efforts, corporate communications, and digital and social media marketing. She will…

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April 26, 2017 BY Saxo Bank

Gold buyers set to return?

Background Gold has spent a week or so retracing since topping at $1,297.4/oz on April 17. Yesterday was a good day for the bears as we saw selling from $1,279.9 to $1,262.8, posting a red candle with Marabuzo resistance at $1,271.7, which is also an intra-day reference. We have $1,261.1 and $1,256.6/oz cited as important…

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April 26, 2017 BY Saxo Bank

Should McDonald's be priced for high growth?

Background Wall Street got excited yesterday as fast-food group McDonald's delivered first-quarter results that were better than expected. Q1 revenue was $5.68 billion, beating analysts' average estimate of $5.53 billion, and EPS was $1.47, above a market expectation of $1.34. But investors were most satisfied with Q1 global comparable sales growth of 4% year-on-year, which…

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April 26, 2017 BY FxPro

S&P 500 Bulls Test Major Resistance Ahead of Trump’s Tax Reform

Last week the US President Trump stated on Twitter that he will “unveil his major tax reform plan on Wednesday, April 26." The recent reported US Q1 corporate earnings have been outperformed, pushing US stocks up. Tuesday evening, the Dow Jones index hit a 6-week high of 21022, and the S & P 500 index…

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