Japanese online trading company Invast Securities Co., Ltd. (TYO:8709) has just published its financial metrics for March 2016, with revenues failing to match the result registered in February 2016. The company reported operating revenues of JPY 346 million ($3.18 million) for March 2016, a result which is 7.7% lower than the result of JPY 375…
Read moreFXCM Inc (NYSE:FXCM) seems to be doing what it can to keep its senior executives in the fold, and well incentivized. We reported last month that FXCM's renegotiated agreement with Leucadia National Corp (NYSE:LUK) was focused mainly on carving out a significant portion of the equity upside for FXCM management, at the expense of shareholders. That…
Read moreRetail FX and CFD broker Plus500 Ltd (LON:PLUS) has earlier today published a trading update for the first three months of 2016, with revenues staging a rise in both quarterly and annual terms, In fact, quarterly revenues hit a record level of $85.2 million, up 26% from the preceding quarter and up 4% from the…
Read moreCySEC regulated retail forex broker AFX Capital is reporting that its Quantic wealth management unit is launching something called QuanticAM Lab. The lab's aim is to discover trading talent and leverage the existing Quantic infrastructure to allow money managers to grow their assets under management and succeed more rapidly. Quantic's head of sales Francois Nembrini told LeapRate: QuanticAM Lab is…
Read moreThe Australian Securities Exchange (ASX) on Friday announced that provider of data centre infrastructure support services PRO IT is the newest Managed Service Provider to join the financial markets community in the Australian Liquidity Centre. PRO IT will be co-locating in the Australian Liquidity Centre (ALC), ASX’s state-of-the-art data centre. The addition of PRO…
Read moreLiu Shiyu, chairman of China Securities Regulatory Commission (CSRC), has called for extra investor protection. According to Xinhua, he made the appeal at a symposium held with securities and fund firms in Shenzhen on Saturday. "Institutions should put more emphasis on the protection of investors' legitimate rights and contribute to the healthy development of the…
Read moreCashBackForex, a leading provider of FX rebates since 2008, has launched a new website, www.rebatekingfx.com, aimed at growing market share from the Asian FX market. Lke its cousin CashBackForex, the new site offers volume rebates at more than 40 brokers, 7 payout methods, instant rebates at select brokers, 5 official support languages and a 24 hour support team…
Read moreFirst reported a couple of weeks ago on LeapRate, we interviewed CEO of FXStreet Carolina May regarding the new FXStreet beta version which was slowly being rolled out. Today, the beta has become live on www.fxstreet.com. The new website goes live before the new trading week begins. FXStreet hopes to capitalize on new screen resolutions…
Read moreForex industry news at LeapRate was certainly dominated this week by IPO fever. With equity markets especially for tech and growth companies in both the US and Europe having a hot start to 2016, companies having the results to back up their stories are now looking to go public. And the Forex sector is no exception.…
Read moreRetail FX broker Alpari Limited has earlier today published its operating metrics for March 2016, with the trading volumes staying virtually unchanged from February 2016 levels. A slight month-on-month change can be seen as a good result, given the steep drop in volumes that many FX companies reported for March 2016. Alpari's trading turnover amounted to…
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