May 31, 2016 BY Mike Fox

Regulator forces PayPal to shut down in Turkey

PayPal, the multi-currency global payments provider today informed customers in Turkey that they can no longer be served via the official Turkish PayPal page. According to different media outlets, apparently the Banking Regulation and Supervision Agency (BRSA) of Turkey is only approving companies with infrastructure based within their borders. Customers in Turkey as of June 6, 2016, will…

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May 31, 2016 BY LeapRate Staff

Jordana's Headhunting Tips for Hiring the Best

In any business, but in particular customer facing service businesses such as Retail Forex, who you hire for different roles can make all the difference between failure and success. And typically does. Jordana Barkats, HR Manager at brokerage platform provider Leverate has some words of advice for making sure that your business is hiring the best…

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May 31, 2016 BY LeapRate Staff

Jordana's Headhunting Tips for Hiring the Best

In any business, but in particular customer facing service businesses such as Retail Forex, who you hire for different roles can make all the difference between failure and success. And typically does. Jordana Barkats, HR Manager at brokerage platform provider Leverate has some words of advice for making sure that your business is hiring the best…

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May 31, 2016 BY LeapRate Staff

iForex shuts Israel operation

Israel based retail forex broker iForex has posted a notice on its website serving customers in its home country (see above) that it has decided to pull its Forex broker license application in Israel, and to terminate its brokerage operations in the country effective immediately. Clients of iForex.co.il , operated by Clio Financial Trading Ltd.,…

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May 31, 2016 BY LeapRate Staff

Deutsche Börse to act as licensor of Taiwan Futures Exchange TAIFEX market data to international clients

Taiwan Futures Exchange (TAIFEX) and Deutsche Börse Market Data & Services have signed a market data partnership agreement, under which Deutsche Börse will act as the licensor of TAIFEX market data and information products to all international clients. Clients will be able to benefit from the state-of-the-art licensing services offered by Deutsche Börse, which already…

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May 31, 2016 BY LeapRate Staff

IG Group reports 2016 earnings ahead of expectations

Fiscal 2016 will be IG Group's first year under the stewardship of new CEO Peter Hetherington, and it looks like it will be a good one. Leading UK online broker IG Group Holdings plc (LON:IGG) provided a Trading Update on its 2016 financial results, indicating that the company expects full year 2016 earnings to be slightly ahead of…

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May 31, 2016 BY LeapRate Staff

ValtechFX, MarketCT, CityBankCFD and FXSEP issued warnings by French regulator AMF

France's financial regulators Autorité de Contrôle Prudentiel et de Résolution (ACPR) and Autorité des Marchés Financiers (AMF) have issued a warning to the public against the activities of several websites and entities proposing Forex investments in France without being authorized to do so. The warnings were issued for: www.fxsep.com / SEP GLOBAL LIMITED www.marketct.com www.valtechfx.com…

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May 31, 2016 BY LeapRate Staff

Canadian securities regulator issues warning re AvaTrade

Canadian provincial securities regulator British Columbia Securities Commission (BCSC) has issued a warning regarding retail forex broker AvaTrade, adding AvaTrade to its Investment Caution List. The BCSC states that Ava Trade Ltd. claims to be a regulated on-line broker, based in the British Virgin Islands. The BCSC became aware of a recent advertisement placed by Ava Trade…

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May 31, 2016 BY Mike Fox

Bloomberg launches new features on Japanese website

Bloomberg today announced new features on its refreshed Japanese language news website, Bloomberg.co.jp, bringing its look and functionality in line with the recently launched regional homepage of Bloomberg.com in Asia. Bloomberg is often used as a big media outlet for global brokerage television advertising. “Our new Japanese website will help readers navigate more localized, relevant business news…

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