Gain Capital statement after shares fall 10%: we’ve excelled at times of regulatory change LeapRate

December 06, 2016 BY LeapRate Staff

Gain Capital statement after shares fall 10%: we've excelled at times of regulatory change

Continuing our coverage of this morning’s news that UK financial regulator the FCA has issued new directives for Forex and CFD trading, banning bonus payments to retail traders and limiting CFD trading leverage to 50x... Shares of Gain Capital Holdings Inc (NYSE:GCAP), parent company of the retail Forex.com and GTX institutional FX brokerage brands, have dropped…

December 06, 2016 BY admin

NinjaTrader 8 updates SuperDOM features

Denver-headquartered NinjaTrader notified of updates to its trading platform today. Specifically, the NinjaTrader 8 SuperDOM has been redesigned to provide significant performance and usability improvements across the board. The DOM at the end of SuperDOM stands for Depth of Market. Putting more emphasis on the latest version of their platform, last month NinjaTrader provided a free…

December 06, 2016 BY admin

Wedbush Securities appoints Bob Fitzsimmons Managing Director of FCMs

Wedbush Securities announced today the appointment of Bob Fitzsimmons as a Managing Director. In this capacity, Bob will oversee the business operations within the Futures Commission Merchant (FCM) division, with a focus on developing and defining the strategic direction for the Futures and Treasury division. Bob is based in the Chicago office and reports to…

December 06, 2016 BY Valentina Kirilova

Prologue Risk Manager helps financial institutions streamline and simplify risk management and compliance

Fiserv, Inc. (NASDAQ: FISV) announced today the availability of Prologue™ Risk Manager. By aggregating insights from all factors that drive an institution's risk profile, Prologue Risk Manager provides comprehensive and accurate risk measurement for easier decisions. The solution provides financial institutions with an integrated risk management framework to improve financial performance. There are many types…

December 06, 2016 BY Valentina Kirilova

ICAP changeover to NEX should be completed by December 30

Further to the announcements by markets operator and provider of post trade risk mitigation and information services ICAP plc (LON:IAP) on 11 November 2015 and subsequently relating to ICAP's disposal of its global hybrid voice broking and information business to Tullett Prebon plc (LON:TLPR), including ICAP's associated technology and broking platforms and certain of ICAP's joint…

December 06, 2016 BY Valentina Kirilova

Ugly day for spread betters, shares plunge more than 30pc after FCA's announcement

Ouch! Financial spread betting companies are getting hammered really hard today after the FCA proposed stricter rules for CFD trading. CFDs, including spread bets and rolling spot foreign exchange products, are agreements between two parties to exchange the difference between the opening price and closing price of a contract. London-listed spread betters plunged by around…

December 06, 2016 BY admin

Financial cloud company Xignite on forefront of market data - LeapRate CEO Interview

Continuing LeapRate’s Exclusive CEO Interview Series, today we bring to you Stephane Dubois, CEO of financial cloud company Xignite, a San Francisco-headquartered provider of financial market data on-demand. Xignite's financial Web service helps build smarter websites and applications in minutes. Last month, Xignite announced that its market cloud data platform is now available for lease. The company already…

December 06, 2016 BY Valentina Kirilova

Dubai Exchange with record volumes on its 11th anniversary

Dubai Gold & Commodities Exchange (DGCX) celebrated its 11th anniversary on November 21, 2016, delivering a stellar year-to-date growth of 38%, trading over 18.3 million contracts. Strong Open Interest and growth across its asset classes contributed to this month’s success with monthly overall Open Interest aggregating at 546,999 contracts valued at US$ 8.33 billion. The…

December 06, 2016 BY LeapRate Staff

CMC Markets issues statement on FCA leverage cap and bonus ban

Continuing our coverage of this morning’s news that UK financial regulator the FCA has issued new directives, banning bonus payments to retail traders and limiting CFD trading leverage to 50x, FCA regulated broker CMC Markets Plc (LON:CMCX) has issued a brief statement about the new rules. While stopping short of saying that the new rules won’t…

December 06, 2016 BY Valentina Kirilova

CESC present new Stock Connect Information portal

China Exchanges Services Company Limited (CESC) rolled out the new Stock Connect Information portal today that provides a convenient gateway to access Stock Connect information for various market participants. CESC Portal is a consolidated page with data related to Northbound and Southbound trading under Stock Connect, including searchable company announcements and company profiles. CESC Chief…