May 09, 2016 BY Maria Nikolova

FCA opens regulatory sandbox to applications

The UK Financial Conduct Authority (FCA), today announced the opening of its regulatory sandbox to applicant firms. The sandbox is a ‘safe space’ in which businesses can test innovative products, services, business models and delivery mechanisms while securing necessary protection to consumers. A part of Project Innovate, which was launched in October 2014, the regulatory sandbox…

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May 09, 2016 BY Maria Nikolova

Saxo Bank sees 12.7% MoM rise in ADV in April 2016

April was a solid month for multi-asset trading and investment services provider Saxo Bank, as exhibited by their key monthly operating metrics reported earlier today. The company saw trading volumes grow in both monthly and annual terms, whereas client deposits kept rising, continuing a trend witnessed in March 2016. Saxo Bank's monthly trading volumes hit $260…

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May 09, 2016 BY LeapRate Staff

OANDA UK monthly volumes $13 billion in 2015, up 8%

FCA regulated broker OANDA Europe Limited, the London-based EU arm of global retail forex broker OANDA Corporation, has reported its 2015 financial report, indicating a year of significant growth for the company. Before we get to some of the details and stats, we should note that as with similar subsidiary reports (such as our recent…

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May 09, 2016 BY Maria Nikolova

Myfxbook adds Signals section to mobile app for Android devices

Social trading and market analysis expert Myfxbook has recently rolled out a new version of its mobile application for Android devices. On top of several bug fixes, the latest version of the solution (1.046) adds a Signals section, thus beefing up the social trading capabilities of the application. Myfxbook's application for Android gadgets was first…

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May 09, 2016 BY Maria Nikolova

Monex reports 3.9% MoM rise in Global DARTs in April 2016

Online trading services provider Monex Group, Inc. (TYO:8698) has just published its key operating metrics for April 2016, with the broker no longer reporting global Forex volumes following the transfer of OTC FX accounts offered by the FX companies of TradeStation Group, Inc. to OANDA Corporation and OANDA Australia Pty Ltd in March. Monex's FX volumes…

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May 08, 2016 BY LeapRate Staff

Forex Industry Week Review - Fortress Prime's new CEO resigns, XTB completes IPO, FXCM slow to repay Leucadia, and lots more

Some of the most popular, shared and commented-on Forex industry news posts this past week on LeapRate included: Nidal Abdelhadi resigns as CEO of Fortress Prime. LeapRate Exclusive… LeapRate has learned that Nidal Abdelhadi has decided to resign his position as Senior Executive Manager (essentially, the CEO) of Dubai-based Fortress Prime, just two months after making the…

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May 08, 2016 BY LeapRate Staff

Forex Industry Week Review - Fortress Prime's new CEO resigns, XTB completes IPO, FXCM slow to repay Leucadia, and lots more

Some of the most popular, shared and commented-on Forex industry news posts this past week on LeapRate included: Nidal Abdelhadi resigns as CEO of Fortress Prime. LeapRate Exclusive… LeapRate has learned that Nidal Abdelhadi has decided to resign his position as Senior Executive Manager (essentially, the CEO) of Dubai-based Fortress Prime, just two months after making the…

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May 06, 2016 BY Mike Fox

EM currency trading firm R5 appoints 4 more for teams in London and Singapore

R5, the emerging marketplace for local market FX trading, today announced four new appointments in its London and Singapore offices. The company is currently live for eNDF trading in London and Singapore. R5, a global financial electronic trading technology company, offers both interbank and “All-to-All” FX trading marketplaces, dedicated to emerging markets. Its focus is…

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May 06, 2016 BY Mike Fox

New MetaTrader 4 iOS build features a screen-locking PIN code

First breaking the news on Tuesday of this week, trading software company MetaQuotes today officially announced per their company blog the new release and build of the popular MetaTrader 4 mobile platform for iPhone/iPad with improved security. Now, you can set a PIN code or use Touch ID to restrict access to the application. If…

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