Swedish broker IKC launches online brokerage services with Bricknode broker-in-a-cloud LeapRate

March 16, 2017 BY Valentina Kirilova

Swedish broker IKC launches online brokerage services with Bricknode broker-in-a-cloud

IKC Capital just announced that has launched a new online brokerage service on the 1st of March named IKC Access where customers can aggregate their savings online. Using Bricknode Broker IKC can offer investing directly with the fund companies and through the integrated services that exists in Bricknode Marketplace. For Bricknode this setup means that the…

March 16, 2017 BY Valentina Kirilova

ThinkMarkets implements PayPal for global payments coverage

ThinkMarkets, a global multi asset brokerage, has enhanced its payment offering with the launch of PayPal. The new payment solution enables ThinkMarkets’ global user-base to deposit and withdraw funds through PayPal’s international network. With the addition of PayPal as a funding method, ThinkMarkets’ users will be able to deposit funds into their trading accounts on…

March 16, 2017 BY Valentina Kirilova

Polish integrator Empirica Software starts development of institutional solutions for MT5

Following T4B (Tools for Brokers), another team of software developers has announced the development of brokerage solutions for MetaTrader 5. The Polish integrator Empirica Software has become the next institutional software provider for companies using the advanced multi-asset platform. The trend becomes more visible as more brokers actively switching to MetaTrader 5 generate a demand…

ESMA on CFDs trading restrictions by Germany, Malta and Poland: Justified and proportionate measures

March 16, 2017 BY LeapRate Staff

How sustainable is the bullish reversal in the Euro-US dollar?

This article was written by Ipek Ozkardeskaya, Senior Market Analyst at FCA regulated broker London Capital Group Holdings plc (LON:LCG). The sweet combination of Dutch election and Federal Reserve’s (Fed) monetary policy meeting triggered a relief rally in the euro against the US dollar. The euro finally took a breather on Dutch election results. The…

March 16, 2017 BY Valentina Kirilova

ASIC disqualifies former director from managing companies

Michael Ian Davey, of Slacks Creek, Queensland, has been banned by ASIC from managing corporations for two and a half years. Mr Davey's banning follows the appointment of liquidators to two companies he managed, Refractory Construction Pty Ltd (formerly known as Total Refractory Management Pty Ltd) and A4dable Geeks Pty Ltd. As a result of…

March 15, 2017 BY LeapRate Staff

Virtu offers to buy rival KCG for $1.3 billion in planned merger of rival market makers

KCG Holdings, Inc. (NYSE: KCG), a leading independent securities firm offering investors a range of services designed to address trading needs across asset classes, product types and time zones, today confirmed that it has received an unsolicited proposal from Virtu Financial, Inc. (NASDAQ: VIRT) to acquire all the outstanding shares of KCG's common stock for $18.50-$20.00…

March 15, 2017 BY admin

Admiral Markets launches Snapchat CFD

Forex broker Admiral Markets announced today the addition of a new instrument, Snap Inc. (Snapchat) single share CFD (#SNAP). Newly listed, prominent companies will always have lots of attention and lots of trading volume. Admiral Markets plans to offer many more single share CFDs this year, saying. "we believe that the demand for single shares…

March 15, 2017 BY Valentina Kirilova

CME Group to serve as administrator for MAC swaps contract

Derivatives marketplace operator CME Group Inc (NASDAQ:CME) announced that it will serve as the administrator for SIFMA Asset Management Group's (AMG) Market Agreed Coupon (MAC) swap contract, which was previously administered by SIFMA. MAC swaps are interest rate swap (IRS) contracts with pre-defined, market-agreed terms developed by SIFMA AMG and ISDA in 2013. CME Group…

March 15, 2017 BY Valentina Kirilova

ACFX license (finally) suspended by CySEC, a year after closing

The Cyprus Securities and Exchange Commission (CySEC) announced that, on its meeting of 13th February 2017, has decided to wholly withdraw the Cyprus Investment Firm authorization with number CIF 085/07 of Atlas Capital Financial Services Ltd. (ACFX). The company is operating at https://www.acfs.eu and https://www.acfx.com. ACFX basically shut down its operations, with several million dollars…

March 15, 2017 BY LeapRate Staff

Vipro Markets hires Philippos Psyllos from JFD Brokers as CTO

LeapRate Exclusive... LeapRate has learned that CySEC regulated retail forex broker Vipro Markets has hired Philippos Psyllos as its new CTO. Philippos Psyllos joins Vipro from JFD Brokers, also based in Cyprus and licensed by CySEC, where he was co-head of technology for the past two years. Mr. Psyllos was previously head of IT support at…