LeapRate has learned that Avail Trading Corp., the California-based introducing broker which operates as ATC Brokers, has reached a settlement with its former client George Bos. As reported earlier by LeapRate, Bos had won a lawsuit in Los Angeles Superior Court against ATC and its CEO David Manoukian in January 2016 totaling $1.6 million. Following…
Read moreXTB Online Trading parent company X-Trade Brokers Dom Maklerski SA has filed details of its planned IPO with the Warsaw Exchange. The company also released detailed financial information, which revealed that the XTB group brought in revenues of PLN 275 million (USD $72 million) in 2015, earning profit of $30 million. Revenues were up 39% in…
Read moreEddie Astanin, Chairman of the Executive Board of Russia's National Settlement Depository, part of the Moscow Exchange group of companies, has been re-elected to the Board of Directors of the self-regulated non-commercial organization, the National Financial Association. The re-election was made in accordance with a resolution passed at the annual general shareholder meeting of the National Financial…
Read moreRetail FX broker RoboForex is changing the trading conditions for positions in CFDs on oil, due to expected low liquidity around the oil producers summit in Doha on April 17, 2016. Trading in Brent and WTI instruments will only be allowed in "Close Only" mode, effective 12:00 PM server time, Friday April 15th. The company…
Read moreThe European Securities and Markets Authority (ESMA) has scheduled its first European Union-wide stress test exercise regarding Central Counterparties (CCPs) for April 29, 2016. ESMA is mandated to conduct stress tests of CCPs under the European Markets Infrastructure Regulation (EMIR). The stress test gauges the resilience and safety of the European CCP sector and seeks…
Read moreA follow-up to LeapRate's earlier story about the Australian Investments and Securities Commission (ASIC) banning Paul Duncan, a promoter of 'Exalt Managed Futures Fund', which never actually existed... The Administrative Appeals Tribunal (AAT) has approved an agreement reached between ASIC and Mr Duncan, to ban him from providing financial services. The agreement cuts the term…
Read moreInternational interconnection and data center company Equinix Inc (NASDAQ:EQIX) today announces that Omega Securities Inc. will build its matching engine in Equinix's recently opened Toronto International Business Exchange (IBX) data center, TR2. Through the new matching engine, Omega, operating providers of financial services to investors and traders Omega ATS and Lynx ATS, will offer its…
Read moreOnline trading services provider IG Group Holdings plc (LON:IGG) is launching the IG London Mayoral Election Barometer, an indicator of what financial traders expect will happen in the London Mayoral Election on May 5, 2016. The data currently shows IG clients are overwhelmingly forecasting Sadiq Khan will become the next London Mayor, with an 88%…
Read moreRetail Forex and CFD broker FxPro today unveiled the latest version of its homepage. The redesign reflects suggestions from FxPro's clients and now the layout is simplified in order to make it more attractive and easy to navigate for newcomers. Also, the company now provides some useful information for the five most popular symbols from each…
Read moreCustomers of Seabury FXone can now access Equinix’s New York (NY4) and Tokyo (TY3) data centers via Beeks. This has been made possible via a partnership between financial cloud infrastructure provider Beeks Financial Cloud and provider of FX liquidity management solutions Seabury FXone, a subsidiary of Seabury Group. Seabury FXone customers can now benefit from…
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