March 05, 2017 BY admin

IG partners with China focused Forex broker m-FINANCE for liquidity

m-FINANCE Limited, a Forex and Bullion trading solutions provider with headquarters in Hong Kong and operations throughout Greater China has announced a new strategic partnership with IG Group Holdings plc (LON: IGG) that allows m-FINANCE’s brokerage clients to access IG’s unique liquidity pool. With headquarters based in the UK, IG is the largest retail FX…

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March 03, 2017 BY LeapRate Staff

Monex Group FX volumes down 21% in February to ¥156 billion ADV

Japanese online trading company Monex Group Inc. (TYO:8698) has reported its monthly business metrics for the month of February 2017, indicating a general decrease in activity from January. Overall at Monex, the number of Daily Average Revenue Trades (DARTs – the number of trades and transactions per day which generate revenue) was 262,809 in February –…

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March 03, 2017 BY LeapRate Staff

ASX CIO Tim Thurman returns home to Canada as Chief Digital Officer at payments provider Paysafe

Payments services company Paysafe Group Plc (LON:PAYS) has announced that it has appointed digital technology innovator Tim Thurman as its Chief Digital Officer, reporting to Paysafe President and CEO Joel Leonoff. Thurman, who will join the company on March 27, will be responsible for driving the development and deployment of Paysafe’s digital technology capabilities across its…

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March 03, 2017 BY LeapRate Staff

Swissquote reports rise in 2016 Revenues and Profit, Forex business declines

Swiss online banking and brokerage leader Swissquote Group Holding SA (SWX:SQN) has announced its results for 2016, indicating a nice rise in both Revenues and profitability. All areas of Swissquote contributed to the increase, except the company's eForex business which saw slightly lower trading volumes, although margins did increase along with eForex customer assets. Forex…

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March 02, 2017 BY LeapRate Staff

EBS forex volumes down 13% in February to $80.7 billion ADV

Continuing the string of weak volume reports for the month of February from some of the leading institutional eFX trading venues, NEX Group PLC (LON:NXG) has reported that its EBS unit saw volumes drop by 13% MoM, coming in at $80.7 billion ADV. Overall, February was a fairly weak month at NEX Group (formerly known…

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