July 07, 2016 BY LeapRate Staff

Exness sees 8% MoM jump in June FX volumes to $187.9 billion

CySEC regulated retail forex broker Exness has reported June volume metrics, indicating an 8% rise in FX trading volumes to $187.9 billion, up from $173.9 billion in May. The increase at Exness continues a trend we have seen at a number of leading retail and institutional eFX venues, with Brexit-driven volatility during June pushing trading…

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July 07, 2016 BY Mike Fox

AlgoDynamix signs up major Silicon Valley customer for predictive financial SaaS

AlgoDynamix today announced acquisition of a major Silicon Valley customer under a Global production SaaS license. London and Cambridge based AlgoDynamix is an innovative risk analytics company that detects disruptive events in global financial markets and anticipates price movements hours or days in advance of the event. The software is used by investment banks and asset…

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July 07, 2016 BY LeapRate Staff

ThinkForex set to rebrand as ThinkMarkets - LeapRate Exclusive

LeapRate Exclusive... LeapRate has learned that FCA and ASIC regulated retail forex broker ThinkForex is about to rebrand its operations under the ThinkMarkets brand. The ThinkMarkets.com beta site has been live for about a week at www.thinkmarkets.com. We expect a formal announcement from the company in the near future. Alongside the new name, logo and…

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July 07, 2016 BY Mike Fox

XM.com partners with iSignthis Digital KYC for enhanced due dilegence

iSignthis Ltd (ASX: ISX) is announcing today that it has signed into an agreement with online forex and CFD brokerage XM.com. iSignthis will integrate with XM.com to deliver its new enhanced digital KYC service. The iSignthis service will provide XM.com with user friendly and automated customer onboarding. The service will enable XM.com to meet the…

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July 07, 2016 BY Valentina Kirilova

TWSE Launches Stewardship Principles for Institutional Investors

The Corporate Governance Center of the Taiwan Stock Exchange (TWSE), directed by the Financial Supervisory Commission (the FSC), in conjunction with the Taiwan Depository Clearing Corp., the Securities Investment Trust & Consulting Association, and the Taiwan Financial Services Roundtable collectively, launched the “Stewardship Principles for Institutional Investors” on 30 June. Institutional investors, including pension funds, insurance companies and investment trusts, are playing an increasingly…

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July 07, 2016 BY Valentina Kirilova

China raises Reserves requirement as Yuan hits 5+ year low

China puts into action requirements for foreign firms to settle foreign exchange forward yuan positions in the onshore market, the country's foreign exchange trading platform, operated by the central bank, said in a statement on Wednesday. Foreign firms will need to set aside 20% of the previous month's yuan forwards settlement amount as foreign exchange…

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July 06, 2016 BY Mike Fox

Dukascopy sets new limits on GBP and EUR based indices; updates trading conditions for Binary options

Today Swiss based FINMA and EU regulated brokerage house Dukascopy has amended certains CFD contract trading conditions. The amendments include index and Binary options CFDs. Firstly, maximum exposure limits on GBP and EUR based indices were increased today at 15:00 GMT, 06 July 2016 as follows: GBP/IDX - 30 contracts DEU.IDX/EUR -50 contracts ESP.IDX/EUR -50 contracts EUS.IDX/EUR…

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July 06, 2016 BY LeapRate Staff

CME Group promotes Young-Jin Chang to Global Head of Metals

International derivatives marketplace CME Group Inc (NASDAQ:CME) has announced the promotion of Young-Jin Chang to the role of Global Head of Metals Products. Reporting to Derek Sammann, Senior Managing Director, Global Head of Commodities & Options Products, Chang will be responsible for the strategic development, management and profitability of the global product suite, including both precious…

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