Trading solutions and services provider MahiFX has redesigned its website for the second time in 2016, coinciding with the formal launch of its MFX Vector buy-side order management system. With benefits that have so far only be available to large, tier 1 banks, MFX Vector allows users to identify and minimise their trading costs using market…
Read moreOnline trading services provider Interactive Brokers Group, Inc. (NASDAQ:IBKR) today unveiled plans to add NextShares exchange-traded managed funds to its offering to retail investors and financial professionals through its investing and trading platforms. NextShares are a new way to invest in actively managed strategies. Since they are actively managed, NextShares offer the potential for benchmark-beating…
Read moreHong Kong FX broker KVB Kunlun Financial Group Ltd (HKG:8077) has earlier today published its financial metrics for the first quarter of 2016, with profits up in annual terms as forecast but down from the preceding quarter. The Group posted a total income of approximately HK$105.8 million for the three months ended March 31, 2016, an…
Read moreAllocated Bullion Exchange (ABX) announced today the addition of four new liquidity providers to its membership base. Gold Stackers, Lucius Precious Metals, House of Commodities and Silver Bullion Pte Ltd (Singapore) have recently joined the ABX. Based in Australia, Hong Kong, Dubai and Singapore respectively, these four liquidity providers constitute an invaluable addition to the ABX,…
Read moreU.S. Securities industry regulator FINRA (Financial Industry Regulatory Authority) has announced today that it has censured Stephens Inc. of Little Rock, Arkansas, and fined the firm $900,000 for inadequately supervising firm-wide internal "flash" emails sent by its research analysts. In settling this matter, Stephens neither admitted nor denied the charges, but consented to entry of…
Read moreSingaporean officials and FinTech companies gathered with UK FinTech companies in Downing Street on Wednesday to mark the launch of the UK’s first ever FinTech Bridge, which included the signing of a regulatory cooperation agreement between the Financial Conduct Authority (FCA) and the Monetary Authority of Singapore (MAS). The new FinTech Bridge will assist UK…
Read moreFurther to LeapRate's report from April about the suspension of the Cyprus Investment Firm (CIF) license of Atlas Capital Financial Services Ltd, owner of ACFX, operating via acfx.com, the Cypriot securities regulator today announces that the CIF license of the firm remains suspended. While the suspension of the authorisation is in force, the Company: 1. Cannot…
Read moreFollowing the successful launch of MT4 Web platform last year, trading software developer MetaQuotes Software today announces the launch of a beta version of the multi-market MetaTrader 5 web platform. The check out the platform, traders need an MQL5.community account and a demo account on MetaQuotes-Demo. The MetaTrader 5 web platform enables trading within the financial…
Read moreFollowing successful testing of Dukascopy Payments web and mobile platforms by employees and selected clients, Swiss online trading and banking services provider Dukascopy announces the official launch of the electronic payment service based on Dukascopy Connect mobile application. Dukascopy Payments, as LeapRate has earlier reported, is an EU-regulated EMI (Electronic Money Institution), 100% owned by…
Read moreBarry Gershon, ex-Global Head of Metals Trading for Jefferies Bache, is joining international derivatives broker Sucden Financial to further strengthen its strong metals presence. The new role will mainly focus on business development in Europe and the Americas, leveraging Mr Gershon’s vast industry experience. Mr Gershon has been involved in base metals trading for more…
Read more