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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September 01, 2016 BY LeapRate Staff

Leucadia takes a direct interest in FXCM Inc operating units as loan deal reworked

Retail forex broker FXCM Inc (NYSE:FXCM) and investment company Leucadia National Corp (NYSE:LUK) have announced a renegotiation of their loan and 'letter' agreements, which will see Leucadia take a direct 49.9% interest in FXCM's operating companies. FXCM will retain the other 50.1%. The other major changes to the original deal (which was renegotiated once already, to…

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September 01, 2016 BY LeapRate Staff

LCH.Clearnet gets Hong Kong regulatory approval to provide automated trading services

International clearing house LCH.Clearnet, majority owned by London Stock Exchange Group Plc (LON:LSE), has announced that it has been authorised by the Hong Kong Securities and Futures Commission (SFC) to provide automated trading services in Hong Kong via its SwapClear and ForexClear services. LCH has also been approved as a designated central counterparty in respect of…

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September 01, 2016 BY LeapRate Staff

TFX Click 365 FX trading volumes in Japan drop 27% in August

Continuing a very down trend we're seeing in August Forex trading volumes around the globe, the Tokyo Financial Exchange (TFX) has published its operating metrics for August 2016, with Forex volumes falling dramatically after experiencing strong trading levels in June and July. The dropoff in Japan Forex volumes was not unexpected, with the USDJPY trading in a…

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September 01, 2016 BY LeapRate Staff

Hong Kong SFC warns against clone of Wealth Management Group

Hong Kong financial regulator SFC has issued a warning regarding a clone website of SFC-licensed Wealth Management Group Limited. The clone website wmgltd.com shows what the SFC says is an invalid address at 2345, 26 Harbour Road, Wan Chai, Hong Kong. The real Wealth Management Group Limited is located at 3001A, 30/F, 118 Connaught Road West, Hong Kong, and operates…

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September 01, 2016 BY LeapRate Staff

FXCM Pro added as new institutional liquidity provider for MetaTrader 5

MetaQuotes Software, developer of the popular MT4 and MT5 trading platform, has announced that its MetaTrader 5 trading platform has been integrated with FXCM Pro, the institutional Forex and CFD liquidity provider division of FXCM Inc (NYSE:FXCM). Brokers, institutional investors and professional traders using MT5 can now benefit from trade execution on Forex and CFD markets…

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