SIX Securities Services and the banking company Clearstream have announced their intention to enter into a partnership to provide services to the Swiss and European markets. In the months to come they will work on the exact details of the partnership and intend to launch in the beginning of 2017. The partnership comes in the context…
Read moreRetail FX broker Alpari Limited’s trading turnover for August in comparison with that of July increased by 3% to $84.2 billion. During this time, the turnover for GBPUSD and USDJPY currency pairs rose. Alpari has also released the English language version of the Alpari Options application for smartphones using Android last month. Alpari Options in…
Read moreASIC has banned Adelaide financial adviser Michael Mahoney from providing financial services for a period of four years. Mr Mahoney was employed by the BT Financial Group Pty Ltd (BTFG) in the Westpac Scaled Advice Insurance business from October 2013 to July 2014 to provide general advice only to retail clients on insurance products. ASIC's…
Read moreBloomberg, the global business and financial information and news leader, today announced that Thanachart Bank (BKK:TCAP), Thailand’s sixth largest bank by asset size, has selected Bloomberg’s multi-asset risk solution (MARS) for counterparty risk management. A subsidiary of Thanachart Group, Thanachart Bank will be adopting MARS to recognize and report the credit value adjustment (CVA) on…
Read moreHong Kong Exchanges and Clearing Limited (HKEX) released a revamped version of its Group website on the weekend featuring a suite of new features designed to improve functionality and make information easier to find. The new HKEX Group website has been completely rebuilt from the ground up, with all new infrastructure and content management system, to…
Read moreLeapRate's Forex Industry News was headlined this week by our exclusive report on how a flaw in UK bankruptcy law is effectively preventing Alpari UK special administrator KPMG from paying back former clients of the bankrupt broker - more than 20 months after Alpari UK entered administration. Our report on the matter has gone viral…
Read moreOctaFX, the Saint Vincent and the Grenadines based broker just announced a complete revamp of its trading accounts and conditions. OctaFX has further enhanced conditions on both MT4 and cTrader accounts as well as launching a brand new MT5 Pro Account. OctaFX’s new Pro Account is designed to suit traders who wish to take advantage…
Read moreSan Francisco based Bitcoin Exchange and provider Coinbase just announced the launch of weekly buy/sell limits on Coinbase. In the past, Coinbase used daily limits. This created frustration as users were forced to come back every day to purchase their maximum amount. The change was made given feedback to the company from users who prefer…
Read moreCrane Currency, a rapidly growing global producer of currency products, announced this week plans to build a new banknote printing facility and customer experience center in the country of Malta. The Malta facility will represent an investment of approximately $100 million for the construction of the factory, the machinery and the equipment. The company expects…
Read moreForex ECN Hotspot FX may end up under a new roof once again, if rumors of a sale of Hotspot's parent company Bats Global Markets Inc (BATS:BATS) to the CBOE turn out to be true. News broke late Thursday on several business news outlets that the CBOE was in advanced negotiations to acquire Bats, which has…
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