June 22, 2016 BY Mike Fox

Florida fraudster gets jail time and ordered to pay $2.7 million for commodity pool fraud

The U.S. Commodity Futures Trading Commission (CFTC) today announced that Judge Paul G. Byron of the U.S. District Court for the Middle District of Florida (Orlando Division) entered a Default Final Judgment Order against Defendants Dante S. Giovannetti and his companies Emini Experts, LLC(Emini) and Capital Trading Concepts LLC (Capital Trading) for defrauding clients in…

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June 22, 2016 BY LeapRate Staff

Alpari FX volumes drop 3% in May to $89 billion

Russia-based retail forex broker Alpari has announced that its FX trading volumes in May declined slightly from April, coming in at $89 billion. However May did see growth in volumes of currency pairs GBPUSD (+ 8%) and EURJPY (+ 19%), each of which saw a lot of volatility ahead of this month's Brexit vote. However overall volumes…

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June 22, 2016 BY LeapRate Staff

Broadridge hires Edings Thibault from MSCI as Head of Investor Relations

Financial technology provider Broadridge Financial Solutions, Inc. (NYSE:BR) has announced that it has appointed Edings Thibault as Vice President and Head of Investor Relations. Mr. Thibault joins Broadridge from MSCI Inc (NYSE:MSCI), a provider of financial data and technology services, where he was also Head of Investor Relations and, most recently, Global Head of Business Intelligence.…

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June 22, 2016 BY LeapRate Staff

Brexit vote result: It will be all about the Undecideds

This article was written by Patrick Latchford, CEO of FCA regulated broker Blackwell Global. Interestingly, Blackwell has recently sent out a note to clients indicating that it will institute a no-new-trades policy tomorrow once voting actually begins. “The Undecideds”, coming to a cinema near you The Brexit vote has all the ingredients to make a…

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June 22, 2016 BY LeapRate Staff

Moscow Exchange completes first stage of migration to new DataSpace1 data center

Russian bourse operator Moscow Exchange has announced that it has completed the first step to migrate its infrastructure to a new data center. DataSpace1 will be used as a disaster recovery (DR) site for the Exchange's trading and clearing platforms from 23 July 2016 through the end of November 2016, at which time it will become the primary data centre for Moscow Exchange.…

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June 22, 2016 BY LeapRate Staff

The 3 most overlooked pitfalls in Risk Management at Forex Brokers

Valentine Piotrovich, Head of Sales at MT4 technologies provider Takeprofit Technology, takes a look at what Retail Forex brokers sometimes do and don't do right when setting Risk Management policies, and in implementing them. Takeprofit’s products include A and B-book risk management solutions, the Klondike liquidity bridge, and the Ashira automated dealer anti-cheating defense. Takeprofit’s clients…

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