FCA-UK regulated asset manager and broker Darwinex informed MT4 traders today that the firm is changing their MT4 server to New York close charts starting on Sunday 12 June 2016. When trading opens on 12 June 2016, Darwinex MT4 charts will be on GMT +3 (instead of GMT +0) so MT4 charts will contain only five daily candles per week. Note: DST will be…
Read moreReuters is reporting that China's foreign exchange regulator SAFE has issued new rules simplifying procedures for individuals exchanging foreign currencies, but keeping net purchase quotas unchanged. In what Reuters is calling a minor reform, the State Administration of Foreign Exchange (SAFE) said that financial outlets designated by banks for such exchanges will no longer need…
Read moreReuters is reporting that China's foreign exchange regulator SAFE has issued new rules simplifying procedures for individuals exchanging foreign currencies, but keeping net purchase quotas unchanged. In what Reuters is calling a minor reform, the State Administration of Foreign Exchange (SAFE) said that financial outlets designated by banks for such exchanges will no longer need…
Read moreAfter having had its CySEC CIF license first suspended in March for one month, with the suspension later extended in April, LeapRate has learned that Pegase Capital Ltd has now renounced its authorization and thus relinquished its CIF license, effective May 13, 2016. Pegase is the parent company operating binary options brokerage brands Interactive Option, HelloBrokers,…
Read moreMoscow Exchange announces the next release of the MOEX FX market trading and clearing system is scheduled to go live on 30 May 2016. Besides the implementation of market projects the new version of the system has undergone significant architectural changes. These changes improve the system performance and represent the significant step in the development…
Read moreBinary platform provider and operator TechFinancials Inc (LON:TECH) reported its 2015 financials today, indicating a fairly slow second half of the year amid tough conditions for regulated binary options brokers. For the full year 2015, TechFinancials saw Revenues of $13.6 million, down 12% from 2014. The company's revenue decline which it saw in the first half…
Read moreLeapRate has learned that leading retail forex broker Saxo Bank has sent an email out to clients, asking its clients to prepare for what Saxo Bank calls 'a high probability of margin requirement increases, as well as restricted availability of certain trade and order types' leading up to next month's Brexit vote in the UK. Saxo…
Read moreLeapRate has learned that leading retail forex broker Saxo Bank has sent an email out to clients, asking its clients to prepare for what Saxo Bank calls 'a high probability of margin requirement increases, as well as restricted availability of certain trade and order types' leading up to next month's Brexit vote in the UK. Saxo…
Read moreLeapRate Exclusive... LeapRate has learned that the once-bustling offices of retail forex broker ACFX have been sitting empty now for more than a month, with some clients claiming that they have been unable to withdraw funds from their accounts over the past few weeks. For visitors to the Forex hotbed of Limassol, Cyprus, ACFX's offices…
Read moreBVI regulated brokerage Forex4you incorporated as E-Global Trade & Finance Group, Inc. announced this week that the firm has developed and introduced its own liquidity aggregator and order execution technology called MarketPlace. It will provide a new tech “engine” for automated advisors and trading strategies – order execution is faster and more reliable. MarketPlace – is software that aggregates…
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