May 23, 2016 BY LeapRate Staff

Canada's BCSC issues warning regarding binary options broker Option.fm

Canadian financial regulator BCSC (the British Columbia Securities Commission) has added Option Financial Markets operated by B.O. Technologies Limited at website Option.fm to its Investment Caution list. Option Financial Markets claims to be based in Hong Kong and offers an online binary options trading platform. The BCSC became aware that a British Columbia resident was solicited by…

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May 23, 2016 BY LeapRate Staff

Hotspot FX parent Bats Global Markets added to Wilshire 5000 stock index

Another milestone for Bats Global Markets Inc (BATS:BATS), the parent company of Forex ECN Hotspot FX. BATS, a leading global operator of exchanges and services for financial markets, has announced that it will be included in the Wilshire 5000 Total Market Index effective immediately, in conjunction with the monthly additions and deletions of the index. The Wilshire 5000 Total Market…

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May 23, 2016 BY LeapRate Staff

Tradeworks signs up Monex as its distribution partner in Indonesia - LeapRate Exclusive

LeapRate Exclusive... LeapRate has learned that financial market trading technology provider Tradeworks has signed up PT Monex Investindo Futures (Monex), the leading forex broker in Indonesia, to an exclusive distribution partnership for the Indonesian retail FX market. Under the agreement, Monex will offer the Tradeworks trade automation platform to their client base in Indonesia. Following a period of…

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May 23, 2016 BY LeapRate Staff

ADS Securities UK 2015 net loss balloons to £5.5 million

ADS Securities London Limited, the FCA regulated London-based subsidiary of United Arab Emirates forex and bullion trading brokerage ADS Holdings LLC, reported its 2015 financial results (see income statement below) indicating significant growth in the business, but also a large net loss for the year. ADS Securities' 2015 Revenues nearly doubled from the previous year,…

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May 23, 2016 BY LeapRate Staff

Gold-i launches Matrix 2.0 liquidity management system for MT4 brokers

MT4 systems integrator Gold-i has announced the launch of Matrix 2.0, what it is calling its 'most significant product' since the company's inception. Gold-i reports that Matrix 2.0 has cost £1 million ($1.45 million) to bring to market. The company describes it as a super-fast and flexible modular liquidity management system which helps MT4 / MT5…

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May 23, 2016 BY LeapRate Staff

FXecosystem partners with Metamako to offer enhanced network monitoring for brokers

Outsourced FX connectivity services provider FXecosystem has announced enhanced network monitoring capabilities through a new partnership with Metamako, a leading specialist in deterministic network devices for some of the world’s leading financial institutions. Metamako’s network devices give FXecosystem’s clients the ability to ‘tap’ any in or outbound traffic across their entire network. They provide clients…

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May 23, 2016 BY Mike Fox

Belize brokerage Axiory deploys Spotware's cTrader platform

We learned over the weekend that Axiory Global Ltd, an FX brokerage authorised and regulated by the IFSC (International Financial Services Commission) of Belize has brought aboard Spotware Systems cTrader platform. This platform announcement comes on the heels of the brokerage adding MT4 WebTrader from Fortex back in February. Axiory gears their brokerage towards professional traders looking for reliable technology…

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May 21, 2016 BY Mike Fox

FXPA responds to CFTC, supports buy-side view of Forex derivatives

The Foreign Exchange Professionals Association (FXPA) submitted written comments yesterday in response to the Commodity Futures Trading Commission’s (CFTC) Market Risk Advisory Committee (MRAC) meeting held to look at how well the derivatives markets are functioning. The MRAC meeting focused on the impact and implications of the evolving structure of derivatives markets on the movement of…

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