Bloomberg is reporting that global head of FX at Deutsche Bank AG (USA) (NYSE:DB), Ahmet Arinc, is on leave from the company, citing people with knowledge of the situation. Deutsche Bank is the only one of the major global banks which has not yet reached a settlement deal with the US Department of Justice regarding allegations that…
Read moreThe CFTC's Registration Deficient (RED) list identifies Forex and Binary Options brokers operating illegally without being registered in the US.
Read moreProvider of high-performance trade routing, reliable market data, and advanced technical analysis CQG has launched its next-generation, low-latency order routing system, Gateway 5.0. This version substantially cuts order processing latency, with some aspects being up to ten times faster. The order routing system is multi-functional: it accepts orders, performs risk checks, and delivers orders to…
Read moreThe Cyprus Securities and Exchange Commission (CySEC) today announces that at its meeting held on March 28, 2016, it decided to revoke the Cyprus Investment Firm (CIF) license of Falcon Brokers Ltd. The withdrawal of the license stems from violation of operational requirements concerning clients' funds. The company, operating via new.falconbrokers.com, has three months to…
Read moreBelgium's Financial Services and Markets Authority (FSMA) has earlier today updated its lists of unauthorized binary options and Forex firms, unlawfully targeting Belgian investors. The latest additions include: Banque Investissement; CapitalCourtage, Eich Invest Ltd, 10 Spheres Media Ltd and First Consulting SCS; CEDIE; E Trade Securities (cloned firm); FXSEP, SEP Global, Hedge Funds Liège 2015…
Read moreProvider of real-time business flow tracking and performance analysis solutions Velocimetrics today announces the launch of VMX EndToEnd. VMX EndToEnd is an innovative platform that allows buy and sell-side firms, trading venues and technology providers to deploy the full spectrum of advanced functionality required to track and analyse in real-time what is happening across complete…
Read moreRetail FX and CFD broker FxPro announces that as of today traders may log into their MT4 account(s) via the new MT4 Web Terminal from MetaQuotes. To check out the offering, visit https://mt4webtrader.fxpro.com/. The MT4 Web Terminal offers much of the functionality of the popular desktop platform, while being less resource intensive and allowing traders to…
Read moreLeapRate Exclusive... LeapRate has learned that institutional electronic FX platform FastMatch has continued to change up and grow its FX sales team, with the addition of Soren Klausen as Director of Sales - Europe. Klausen be based in London, and will report directly to Paul Ainsworth, Global Head of Sales. Klausen joins FastMatch after spending the last…
Read moreFXCM Inc (NYSE:FXCM) continues the rebuilding of its FX trading franchise. The provider of FX trading and related services today announced the relaunch of FXCMPro.com, its institutional prime brokerage arm. LeapRate had exclusively reported last year that FXCM was looking for a buyer for FXCMPro, as it was looking generally to sell assets to pay…
Read moreLess than a week after Tradimo announced that its innovative mobile application Little Traders is available in German and Arabic, on top of English, one more language is added to the lineup – Chinese. The move is set to apparently widen the number of users diving into 1920s Great Gatsby retro pixel environment as they…
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