May 17, 2016 BY LeapRate Staff

TradAir and Elysium Technology Group set strategic alliance joining FX solutions

FX industry technology solutions providers TradAir and Elysium Technology Group have announced a new alliance that brings a fully integrated, next generation front to back FX solution to the FX  industry. Elysium, an innovator in post-trade technology, has integrated its middle and back-office solution for both FX traders and brokers called Mission Control with TradAir's cloud-based front-office e-FX trading…

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May 17, 2016 BY Mike Fox

FX Junction launches Flexible Fee Models

Slovakian FinTech holding company PineByte today announced its first major release on FX Junction since they acquired the website as first reported exclusively by LeapRate back in February. Founded in 2011, the world’s largest open social network for Forex traders, FX Junction now offers complete flexibility and transparency for its members by launching 4 fee models that…

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May 16, 2016 BY Mike Fox

CME delists 3 FX futures contracts showing no open interest

Earlier today we learned that Chicago Mercantile Exchange Inc. (CME) delisted three FX futures contracts: US Dollar/Chinese Renminbi (USD/RMB or CNY) Futures with US Dollar Banking, the E-Micro US Dollar/Canadian Dollar (USD/CAD) Futures, and the E-Micro US Dollar/Chinese Renminbi (USD/RMB or CNY) Futures with US Dollar Banking. The three contracts, which had no open interest,…

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May 16, 2016 BY Maria Nikolova

Alpari's Forex turnover marks 4% MoM rise in April 2016

Retail FX broker Alpari Limited has earlier today reported its operating metrics for April 2016, with the month bringing a slight rise in trading volumes in both monthly and annual terms. The company reported monthly turnover of $91.8 billion in April 2016, up 4.2% from March 2016 when the monthly trading volumes amounted to $88.1 billion.…

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May 16, 2016 BY LeapRate Staff

The importance of Proactive Engagement for brokers

This article was written by Yael Warman, Content Manager at Leverate. At the turn of the millennium, when the tech bubble popped (propelled by the 9/11 terrorist attacks in New York City), my parents lost it all. Their hard earned money, their retirement, gone. Close to US$3,000,000 were depleted to a few hundred thousand. This…

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May 16, 2016 BY Maria Nikolova

RoboForex changes trading conditions for RAMM accounts

Retail Forex broker RoboForex has unveiled a set of changes to the trading conditions for RAMM (risk allocation management model) accounts. For starters, the Stop & Limit levels have been completely cancelled, meaning that traders can place pending orders as close to the current market prices as their trading strategy requires. The company is also…

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May 16, 2016 BY Mike Fox

New Zealand Forex and derivatives brokerage house OMF appoints new CEO

Auckland and Wellington, New Zealand based OM Financial Limited (OMF) today announced the immediate appointment of Matt Blackwell to the role of Chief Executive Officer and Managing Director. OMF, regulated by the Financial Markets Authority is a NZ owned and operated, full service brokerage firm with a strong and established reputation in the financial markets.…

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May 16, 2016 BY Mike Fox

MFSA warns on Alphacmarkets false regulation claim

Just announced The Malta Financial Services Authority (MFSA) has become aware of the website (https://alphacmarkets.com) which is falsely stating that Alphacmarkets Europe is licensed by the MFSA. The website is a badly set up Forex brokerage website which looks sketchy from the first page load. This entity is also misleading the public by using the…

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