September 02, 2016 BY LeapRate Staff

Fortex launches a free community version of its MT4 WebTrader

Trading platform provider Fortex, Inc. has announced the launch of a free community version of its robust MT4 WebTrader. With Fortex’s MT4 WebTrader, traders can access MT4 anywhere, anytime on all major browsers and devices. Featuring 100% streaming connectivity and superior stability and reliability, Fortex’s MT4 WebTrader offers market and limit ordering, full market depth…

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September 02, 2016 BY LeapRate Staff

FXSpotStream August FX volumes drop 37% to $12.4 billion ADV

Multibank FX aggregation service FXSpotStream has reported that August volumes on its system plummeted by 37% MoM to $12.4 billion (single count) daily. August volumes were also down 21% YoY from August 2015. The $12.4 billion figure was the lowest year-to-date for FXSpotStream (see chart below). August Forex volumes are coming in weak across the board at…

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September 02, 2016 BY LeapRate Staff

Nevada court fines My Global Leverage and Toney Eggleston $1.4 million for illegal transactions with retail traders

The U.S. Commodity Futures Trading Commission (CFTC) announced that Judge Andrew P. Gordon of the U.S. District Court for the District of Nevada entered an Order of default judgment against My Global Leverage, LLC (MGL), which did business in Las Vegas, Nevada, and its owner and managing member Toney Blondo Eggleston, who resided in Las…

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September 01, 2016 BY Mike Fox

Equinix invests $42M in London Data Center expansion

Equinix, Inc. (Nasdaq: EQIX), the global interconnection and data center company, announced that it has completed the second phase expansion of its LD6 International Business Exchange™ (IBX®) data center in Slough, London. This new phase further supports businesses expanding in the UK, providing customers with the critical IT infrastructure required to gain competitive advantage. With $42M…

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September 01, 2016 BY Mike Fox

ED&F Man Capital Markets partners with Algorithmic Traders Association

ED&F Man Capital Markets, the global financial brokerage business and the financial services division of ED&F Man, today announces a key partnership with the Algorithmic Traders Association (ATA).  The ATA is the world’s leading professional organization and resource center that traders rely on to fortify their automated trading strategies.  Under the partnership, ED&F Man traders will…

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September 01, 2016 BY Mike Fox

Interactive Brokers sees DARTs decline 4% MoM in summer trading lull

Interactive Brokers Group, Inc. (NASDAQ GS: IBKR) an automated global electronic broker and market maker, today reported its Electronic Brokerage monthly performance metrics for August. The summer trading lull hit the multi-asset brokerage house in the same manner volumes have come in weak across the board so far in August for FX platforms and brokers as volume reports starting to trickle in…

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September 01, 2016 BY Mike Fox

FXTM announces Skrill & NETELLER VIP Program

Retail Forex broker FXTM today announced that Skrill & NETELLER VIP programs are now available for its clients. Skrill and NETELLER offer a VIP programs to loyal customers who are use the payment services frequently. Skrill VIPs receive lucrative benefits like: Fully verified account with no deposit and pay-out limits Free Skrill MasterCard Free Skrill security token Dedicated…

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September 01, 2016 BY Mike Fox

FXPRIMUS launches debit Mastercard for clients

CySEC regulated Forex broker FXPRIMUS announced today that the company has extended the range of services offered to clients and is now offering a Prepaid MasterCard through which clients can easily utilize in their accounts. This card can be used worldwide wherever you see the MasterCard Acceptance mark, including ATMs for cash withdrawal and in-store or…

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September 01, 2016 BY Mike Fox

Singapore’s share of global FX volumes grows to 7.9%, remains 3rd overall

The Monetary Authority of Singapore (MAS) announced today that Singapore remains the largest foreign exchange (FX) centre in the Asia-Pacific region and third largest globally after London and New York, according to the 2016 Triennial Central Bank Survey of the global FX and over-the-counter (OTC) derivatives markets by the Bank for International Settlements (BIS). The average…

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