After returning to normal most currency pairs following last week's US election, FCA and CySEC licensed Retail Forex broker FxPro has sent a note out to clients, indicating that it is also loosening margin requirements to 'normal' for Mexican Peso and Swiss Franc currency crosses. Given the heavy volatility in the Peso following Donald Trump's…
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As was first reported on LeapRate at the end of October, Warsaw based X Trade Brokers Dom Maklerski SA (WSE:XTB), which operates Retail Forex broker XTB.com, confirmed today that its Q3 Revenues and Profits were significantly down from both last quarter, and from last year. XTB confirmed that Q3 revenues came in at 42.8 million zlotys…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Mirabaud Asset Management / Mirabaud Group. Fraudsters are using the details of firms, authorised by the FCA, to try to convince people that they work for a genuine, authorised firm. Fraudsters are using or giving out the following details as part…
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KCG Holdings, Inc. (NYSE: KCG) has released its trade volumes for the month of October 2016. In Market Making, KCG averaged $25.9 billion dollar volume traded - a slight drop from September's $28.9 billion, 6.3 billion shares traded, and 3.2 million trades per day in U.S. equities. In Global Execution Services: KCG Institutional Equities averaged…
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Operated by GAIN Capital (NYSE: GCAP) FOREX.com has announced a new Active Trader account, which provides high volume FX traders with preferred pricing, additional volume tiered incentives and other value-added services. Samantha Roady, President of Retail at GAIN Capital, commented: We recognize the unique needs of high volume FX traders and challenged ourselves to develop…
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Just a couple of weeks after launching its new MT4 Super platform, FCA regulated multi-asset brokerage ThinkMarkets has announced that it has just launched its new German website, catering to the requirements of the German speaking FX trading community. The new website offers access to all of ThinkMarkets’ ThinkTrader platform's functions including pattern recognition, tools…
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Copenhagen-based Multi Asset broker Saxo Bank has just announced that it is boosting its FX Prime Brokerage solution with the addition of a cross-collateralisation facility between PrimeXM sites in New York, London and Tokyo where it provides FX direct market access. The facility will enable Saxo’s Prime clients with global liquidity needs to further optimise…
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With the listing of KTM Industries AG (KTMI) one additional foreign company joins SIX Swiss Exchange The shares of KTM Industries AG (FRA:BFC) were primary listed today under the “International Reporting Standard” on SIX Swiss Exchange and traded for the first time. The opening price on SIX Swiss Exchange was CHF 4.90. Based on this…
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Australian-owned Forex (FX) and Contracts For Difference (CFD) trading provider AxiCorp has appointed Torsten Gellert as head of its operations in Germany as it continues its global expansion. Gellert, a seasoned executive in the CFD and FX industry, has managed and expanded similar operations for CMC Markets and FXCM in his previous roles. Louis Cooper,…
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National Bank Of Abu Dhabi (NBAD) has become a Market Maker for Nasdaq Dubai equity futures market in the latest expansion of the platform since it opened on September 1, 2016. NBAD is the second financial institution to sign up as a market maker, whose role includes simultaneously offering buy and sell prices in futures…
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