September 26, 2016 BY Valentina Kirilova

LMAX Exchange expands in the US with the launch of New York based exchange

The multilateral trading facility (MTF) for trading FX, precious metals and indices, LMAX Exchange, has announced the expansion of its global infrastructure with the launch of its North American matching engine in the Equinix International Business ExchangeTM (IBX data centre in New York). The LMAX Exchange NY4-based matching engine is a new liquidity pool for institutional spot FX…

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September 26, 2016 BY Valentina Kirilova

LT Management pays infringement notice in relation to free SMSF set-up claims

LT Management Pty Limited has paid a $10,800 infringement notice penalty after making potentially misleading statements about the cost of setting up a self-managed superannuation fund (SMSF) using the services of RS Capital Partners Pty Limited, trading as My SMSF Property. ASIC’s concerns related to representations made by LT Management on the Silverhall website between August…

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September 26, 2016 BY LeapRate Staff

Why have negative rates failed to generate inflation?

This article was written by Ipek Ozkardeskaya, Senior Market Analyst at FCA regulated broker London Capital Group Holdings plc (LON:LCG). The negative interest rate policy, as known as the NIRP, has certainly become one of the most interrogated strategies across the markets. Let us have a quick glance to what caused the central banks to turn…

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September 26, 2016 BY Valentina Kirilova

MetaTrader 5 Android mobile platform launches new version, includes multiple charts on smartphones and tablets

The new version of the MetaTrader 5 Android mobile platform features the optimized use of price charts: The application supports the multi-window mode allowing traders to monitor price changes on multiple symbols simultaneously. Added the ability to change an indicator subwindow height. The mobile platform features a symbol fast selection button and a separate menu…

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September 26, 2016 BY LeapRate Staff

Pepperstone receives FCA license, set to expand in the UK - LeapRate Exclusive

LeapRate Exclusive... LeapRate has learned that ASIC regulated, Melbourne, Australia based retail forex broker Pepperstone is getting set to announce a major expansion in the UK and Europe. One of Australia's leading Retail Forex and CFD brokers, Pepperstone has already finalized the FCA license of its UK subsidiary, Pepperstone Limited. Pepperstone acquired what is now…

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September 26, 2016 BY Valentina Kirilova

SIX Securities Services and Clearstream join forces

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…

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September 26, 2016 BY Valentina Kirilova

Alpari’s Forex turnover marks another 3% MoM rise in August 2016

Retail 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…

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September 26, 2016 BY Valentina Kirilova

ASIC bans former Westpac financial adviser

ASIC 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…

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