July 01, 2016 BY LeapRate Staff

Bats Global Markets takes $18 million Q2 charge as it completes debt refinancing

Global exchanges operator Bats Global Markets, Inc. (BATS:BATS) has announced that it has successfully completed the refinancing of the company’s outstanding $656 million of term loans and $100 million revolving credit facility, with $650 million of new seven-year term loans and a new $100 million three-yearrevolving credit facility. As part of the refinancing, Bats will record a pretax charge…

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June 30, 2016 BY LeapRate Staff

Belize’s IFSC issues warning against binary options broker YieldOptions for forged license

Belize financial regulator the International Financial Services Commission of Belize (IFSC) has issued a warning against binary options broker YieldOptions, owned and operated by HSBO Capital Ltd. According to the IFSC, YieldOptions is fraudulently claiming to hold a license for trading in financial and commodity-based derivative instruments and other securities, issued by the Samoa International Financial Authority. The Licence…

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June 30, 2016 BY LeapRate Staff

OANDA reports 4x normal FX trading volumes on Brexit Friday

Retail forex broker OANDA has reported that it saw a 340% increase in trading volumes last Friday, after the results of the Brexit referendum became known. OANDA's announcement seems to be in line with what we have seen from the few other retail brokers and institutional FX platforms, each reporting three to four times normal…

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June 30, 2016 BY LeapRate Staff

Orbex unveils redesigned website

Continuing a trend we have seen among many leading Retail FX and CFD brokers, CySEC regulated Forex brokerage Orbex has unveiled today a redesigned website. The redesigns we have seen, including Orbex's, lean heavily toward the visual and are geared toward giving users a much more unified experience across all types of devices, especially mobile. The…

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June 30, 2016 BY LeapRate Staff

TradAir eFX platform selected by Singapore broker UOB Bullion and Futures

eFX trading technology solutions provider TradAir has announced that it has secured a contract with UOB Bullion and Futures (UOBBF). TradAir will provide the brokerage’s corporate, institutional and professional clients with TradAir’s fully hosted cloud based HTML5 eFX platform for trading leveraged FX, NDFs and Precious Metals. UOBBF is the Singapore-based wholly owned brokerage arm of United Overseas Bank…

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June 30, 2016 BY Mike Fox

Korea Exchange successfully launches EURO STOXX 50 futures

It was just announced this week from Eurex Group, one of the leading derivatives exchanges globally that Korean Won denominated EURO STOXX 50 futures were successfully listed on Korea Exchange on 27 June 2016. EURO STOXX 50 futures is the first listed derivative product based on a foreign equity index and will build a foundation for Korea…

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