The long awaited Brexit volatility is finally here. Financial markets are clearly getting nervous with the latest polls showing gaining momentum and possibly even a narrow lead for the pro Brexit camp. It is now just 10 days before UK residents go to the polls for what seems will ultimately be a too-close-to-call referendum on…
Read moreZ.com, the FCA regulated brokerage arm of Japan's largest retail forex broker GMO Click, has taken the next step in growing its UK operations by launching an Affiliate Program. GMO Click recently rebranded its retail forex operations under the Z.com brand, after paying $6.8 million for the one-letter domain name. Z.com recently expanded funding options…
Read moreOne year after we reported that Abu Dhabi based investment bank and broker Menaсorp became the first DGCX member to offer the MetaTrader 5 (MT5) platform, MT5 developer MetaQuotes Software has announced that the number of brokers offering trading on the Dubai Gold and Commodities Exchange (DGCX) via MT5 has now increased to 10. The major players in the Middle East…
Read moreThis article was written by Yael Warman, Content Manager at Leverate. It is often said that we learn from our mistakes. I believe that to be true. I believe that making a mistake isn’t necessarily a mistake. Repeating the same mistake however, that is a mistake. In trading, when a mistake isn’t corrected, it can…
Read moreKansas City based financial exchanges operator Bats Global Markets Inc (BATS:BATS) has announced that its European arm, Bats Europe, is launching a UK-focused benchmark index series. Bats will launch 18 different indices covering large to small cap securities and 12 industry sectors. The indices were developed in consultation with investors and index users, to offer a robust and…
Read moreIt was another week of record hits to our site, as Forex industry news at LeapRate uncovered some big industry-changing stories before anyone else. We of course broke the story of the planned IronFX-FXDD merger and reverse takeover into a public company, after which a number of other blogs seemed to pop up with me-too 'Exclusive' stories…
Read moreToday the International Financial Services Commission of Belize (IFSC) whom regulates many Forex brokers and international financial firms, notified that an entity calling itself ‘Profitable FX EA’ is falsely and fraudulently representing that it is licensed by the International Financial Services Commission of Belize. You can see the fake license emanating from their website below. The website also claims this…
Read moreTMX Group Limited today announced that Michael Ptasznik, Chief Financial Officer (CFO), has resigned from the organization to pursue an opportunity with The NASDAQ Stock Market. Mr. Ptasznik joined TMX Group in 1996 as Director of Finance Planning and Analysis and became CFO in 2000. As CFO, he led the company's finance, corporate development and strategic…
Read moreKatya Yun, Head of Marketing at MT4 technologies provider Takeprofit Technology, takes a look at what Retail Forex brokers can and should do to build trust in their brands. 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 have included Forex brokerages and white-label…
Read moreRetail forex broker FXCM Inc (NYSE:FXCM) saw its share price drop more than 9% on Thursday, after reporting weak May trading volume metrics. Institutional FX volumes dropped 33% MoM in May at FXCM to $50 billion, while all-important Retail FX volumes were off 2% from April, to $280 billion for the month. FXCM shares closed Thursday…
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