August 30, 2016 BY LeapRate Staff
What is Breakout Trading?
Breakout strategies are generally best when they are short-lived, as a price breakout is often followed by a correction.
Read more
August 30, 2016 BY LeapRate Staff
Invast promotes Jon Leung and James Alexander to boost its PurePrime FX institutional services
Invast Global, the ASIC-regulated Australian-based offshoot of leading Japanese brokerage Invast Securities Co. Ltd. (TYO:8709), has promoted two C-level executives with an eye to further expanding its FX prime services offering, PurePrime. Joining Invast CEO Gavin White at the top management table will be Jon Leung and James Alexander. White, Leung and Alexander know each other…
Read more
August 30, 2016 BY LeapRate Staff
Australia's ASIC comes out in favour of digital Robo Advice for retail investors, issues guidelines
Australia financial regulator ASIC has released guidance on regulating digital advice to retail investors and traders. Digital advice (also known as ‘robo-advice’ or ‘automated advice’) is the provision of automated financial product advice using algorithms and technology and without the direct involvement of a human adviser. It can comprise general or personal advice, and range from advice that is…
Read more
August 30, 2016 BY Mike Fox
Jersey joins Single Euro Payments Area (SEPA)
Jersey has recently become part of the geographical scope of the direct debit and credit transfer schemes of the Single Euro Payments Area (SEPA) administered by the European Payments Council. Banks in Jersey are now able to apply to join the SEPA schemes. However, participation in the SEPA schemes is not mandatory: whether to join…
Read more
August 29, 2016 BY Mike Fox
Jason Young joins Fortex as Executive Vice President and Head of Deliverable FX
Silicon Valley headquartered Fortex, a leading FX trading platform provider announced today that Jason Young has joined the firm and has been hired on as Executive Vice President and Head of Deliverable FX. Mr. Young has varied experience in the FX industry coming from Bank of Tokyo Mitsubishi in New York where he was a Vice…
Read more
August 29, 2016 BY LeapRate Staff
HSBC Forex trading head Mark Johnson pleads not guilty in first criminal charges from DoJ FX probe
Former HSBC Holdings plc (ADR) (NYSE:HSBC) global head of foreign exchange cash trading Mark Johnson pleaded not guilty today in U.S. criminal court to charges that he participated in a fraudulent scheme to front-run a $3.5 billion currency transaction by one of the bank's clients. Mark Johnson was arrested in July and became the first person to…
Read more
August 29, 2016 BY LeapRate Staff
FXCM adds new features including smart margin watching to its Trading Station platform
Smart Margin Watcher is designed to notify traders in advance of margin calls.
Read more
August 29, 2016 BY LeapRate Staff
Forex Week in Focus, August 29: US nonfarm payrolls, final PMIs, Eurozone inflation
The focus this week will be squarely on the monthly US nonfarm payrolls (NFP) figure.
Read more
August 29, 2016 BY Mike Fox
FxGrow launches new 'ECN VIP' trading account
Forex broker FxGrow offers trading accounts to suit the needs of any trader, even those with most complex requirements and expectations. Today announced is the latest addition with their new ECN VIP Account, as an ideal solution especially for elite traders, who trade large volumes and look for more sophisticated account features. Each ECN VIP account holder can benefit…
Read more
August 29, 2016 BY LeapRate Staff
MetaQuotes changes MT4 chat interface to match popular messaging apps
Similar to what it has done with the MT5 app for iOS, forex trading platform developer MetaQuotes has announced that the latest MetaTrader 4 for iPhone/iPad features a completely new design of messages. MQL5.community messages and push notifications from the desktop platform are now displayed on the MT4 app as chats, similar to those used in popular messaging…
Read more