May 02, 2016 BY Mike Fox

Vantage FX introduces 8.88% interest on accounts

In what is akin to essentially a small rebate back on your commision each month, all active Forex traders who meet the minimum monthly Forex trading volume, will receive an additional 8.88% interest payment (calculated per annum, paid out monthly), credited to their Vantage FX trading account. ASIC regulated forex broker Vantage FX today announced the launch of its 8.88% interest earning accounts,…

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May 02, 2016 BY Maria Nikolova

Tradimo to add Russian to Little Traders language lineup

Innovative online trading school Tradimo has been seeking to widen the user base of its Little Traders application, which was first launched in January this year on iOS devices, by adding more languages. After making the solution available in German and Arabic, in addition to English, as well as, most recently, in Chinese, Tradimo is…

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May 02, 2016 BY Maria Nikolova

Italy's Consob warns against FX firm CVC Ltd

Italy's financial markets regulator Consob today issued a public warning against Forex firm CVC Ltd. The company is offering its services via www.cvcgroups.com, with the website having a version in Italian language too. The website says the company, also known as CVC Groups, is based in Anguilla. The Italian regulator notes that CVC Ltd (aka…

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May 02, 2016 BY Maria Nikolova

TFX sees 7.9% MoM drop in Forex volumes in April 2016

The Tokyo Financial Exchange (TFX) has just published its operating metrics for April 2016, with Forex volumes continuing to fall after already registering a double-digit decrease in March. TFX’s Click 365 total trading volumes, that is, the volume of Exchange FX Margin contracts, fell 7.9% from March 2016 levels to 3,163,143 contracts. The annual comparison,…

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May 02, 2016 BY Maria Nikolova

Stress test finds EU central counterparties are resilient

A follow-up to LeapRate's earlier report about the European Securities and Markets Authority (ESMA) conducting the first European Union-wide stress test exercise regarding Central Counterparties (CCPs)... As initially announced, the results of the stress test were unveiled on Friday – April 29, 2016. ESMA’s stress test focused on the counterparty credit risk which CCPs would face…

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May 02, 2016 BY Maria Nikolova

Questrade releases updated IQ Edge platform

Canada-based online trading and investment services provider Questrade has announced the release of IQ Edge 5.0, with the latest version of the trading platform offering traders a new profit & loss calculator, enhanced bracket orders and VWAP studies. Profit and loss calculator This tool enables traders to explore the risk and rewards of an option…

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May 01, 2016 BY LeapRate Staff

Forex Industry Week Review - Goldman Sachs starts online retail bank, CMC adds binary options, ETX headed for IPO, and lots more

Forex industry news at LeapRate this past week was headlined by some old faces in new places. Or more precisely, some big name brands making some big additions and changes. The one large global financial brand which is closely linked with online trading, Goldman Sachs, opened its own online retail outfit for the first time called GSBank.com.…

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April 30, 2016 BY Maria Nikolova

FastMatch registers 6.9% MoM increase in FX ADV in April 2016

Institutional electronic FX platform FastMatch saw its trading volumes rise in April 2016 in both monthly and annual terms. Average daily volumes amounted to $10.8 billion in April 2016, up 6.9% from the result of $10.11 billion registered in March 2016. In annual terms, the comparison was even more positive, as the ADV in April…

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