October 03, 2016 BY LeapRate Staff

Stater Global Markets launches as new Prime-of-Prime FX brokerage - LeapRate Exclusive Interview

LeapRate Exclusive Interview... LeapRate has learned that former Citi, IG and Integral executive Ramy Soliman has been appointed CEO of a new FCA regulated London based Prime of Prime Brokerage, called Stater Global Markets. Backed by Stater Holdings in New Zealand, Stater Global Markets will be offering clients institutional access to the FX market, with direct…

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October 03, 2016 BY LeapRate Staff

Hotspot FX volumes jump 25% MoM in September to $28.3 billion ADV

Forex ECN Hotspot FX has published September trading volumes, showing marked improvement from August's depressed volumes. September volumes at Hotspot FX came in at $28.3 billion (average daily volumes), 25% above August's $22.6 billion but still below the $30 billion monthly figures Hotspot FX was posting earlier this year. Hotspot FX parent company Bats Global…

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October 02, 2016 BY LeapRate Staff

Brexit now has a date: March 2019

British Prime Minister Theresa May told The Sunday Times this weekend that she would introduce a bill to repeal the 1972 European Communities Act, the legislation which allowed the United Kingdom to enter the European Union. What will apparently be known as the 'Great Repeal Bill' will be introduced in the next Queen's Speech, which is expected…

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October 02, 2016 BY LeapRate Staff

Forex Industry Week Review: Holland FX ad ban, Pepperstone FCA license, DailyFX sold, Israel licenses granted, and lots more…

It was a very busy Forex Industry News week at LeapRate, with a little of everything - public offerings, M&A, regulatory moves, new licenses, executive moves, financial results.... and of course, our usual dose of behind-the-scenes exclusive coverage you'll see only at LeapRate. Our most popular guest posts this week were: 4 ways to enhance the…

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October 01, 2016 BY Mike Fox

CFTC charges "Live Trade Room" SchoolofTrade.com for fraudulently marketing futures trading strategies

The U.S. Commodity Futures Trading Commission (CFTC) filed a civil anti-fraud enforcement action in the U.S. District Court for the Central District of California charging Defendants Joseph Dufresne (a/k/a Joseph James) and Megan Renkow (a/k/a Megan James), both of Palos Verdes Estates, California, and their company, United Business Servicing, Inc. (UBS), doing business as SchoolofTrade.com…

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September 30, 2016 BY Valentina Kirilova

Thomson Reuters launches Fintech Innovation Challenge in India

Business information giant Thomson Reuters Corp (NYSE:TRI) has announced the launch of Fintech Innovation Challenge. This is the first such initiative in India to identify and collaborate with innovative local technology startups to create a rich and inclusive ecosystem to support data-driven businesses in the financial services industry. As a part of its open strategy, Thomson Reuters…

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