FXCM to provide execution and data services to PFSOFT’s ProTrader multi-asset platform LeapRate

January 11, 2016 BY Maria Nikolova

FXCM to provide execution and data services to PFSOFT’s ProTrader multi-asset platform

Online trading services provider FXCM Inc (NYSE:FXCM) today announces a collaboration with software developer PFSOFT that will see FXCM provide trade execution and market data to the PFSOFT Protrader multi-asset solution through FIX API. PFSOFT has integrated FXCM's FIX API, which offers both FX and CFD execution. As a result of this collaboration, each broker…

January 11, 2016 BY Maria Nikolova

EXNESS launches MT4 web version

Retail Forex broker EXNESS has become the latest company to join the lineup of firms adding the web version of the popular MetaTrader 4 (MT4) platform to their offering. Clients of EXNESS can login with their existing account credentials and trade directly via WebTerminal without having to download or install any program. No additional registration is…

January 11, 2016 BY Maria Nikolova

Italy's Consob issues warning against ZAR FX

Italy's financial markets regulator Consob has started the new year by publishing one more warning against a Forex company. The regulator today issued a warning against Forex firm Zar FX. The warning states that Zar Forex Capital Markets Ltd, RGV Media Ltd and RGV Holdings Ltd are not authorized to provide investment services in Italy…

January 10, 2016 BY LeapRate Staff

Top Bitcoin Myths – #11: Bitcoin is too volatile

The following guest post is one of a series courtesy of Marco Streng, CEO and Co-founder of Genesis Mining. [divide] The value of Bitcoin has been indisputably volatile since its inception. Rising from only a few cents in 2010 to over $1,200 in 2013 then dropping down to $400 where it has remained for much of…

January 10, 2016 BY LeapRate Staff

Canadian Dollar approaches 70 cents US - how low will it go?

The last time the Canadian Dollar had a 60-something US cents handle the calendar read 2003. Most retail forex brokers we know today hadn't yet been founded. Affectionately known as the Loonie thanks to the picture of a loon on one side of the coin (Canada's two-dollar coin is called a Toonie), the CAD is…

January 09, 2016 BY Maria Nikolova

Thomson Reuters FX spot volumes register 1.1% MoM rise in December 2015

Thomson Reuters Corporation (TSE:TRI) has just published the operating metrics for its Forex electronic trading platforms Matching, FXall and the Thomson Reuters SEF for December 2015, with trading volumes registering gains in monthly terms, following a weak November. The annual comparison, however, was less positive, with spot volumes recording a double-digit drop. Let’s take a…

January 08, 2016 BY Maria Nikolova

TAIFEX sees RMB futures volumes recover in December 2015

Taiwan Futures Exchange (TAIFEX) has just published its operating metrics for December 2015, with Yuan FX futures staging a recovery after a subdued November. In December 2015, monthly trading volumes with USD/CNH FX Futures (RHF) amounted to 9,381 contracts, up 86% from the 5,047 contracts traded in November 2015. The monthly volumes for USD/CNT FX…

January 08, 2016 BY Mike Fox

U.S. retail Forex brokers add 0.5% in assets for November

This month data from the CFTC from reports filed by December 30th reveal that Forex brokers within the United States for December tacked on 0.5% in assets to $570,939,506 from November's $568,155,121 total (see graph above). Notable in the report is the removal of MB Trading whose retail Forex accounts were moved under GAIN Capital though…

January 08, 2016 BY Maria Nikolova

PayPoint sells online payment businesses to Capita for £14M

Payment solutions provider Paypoint plc (LON:PAY) today announces the sale of its Online Payment businesses comprising PayPoint.net and Metacharge to Capita for a cash consideration of £14 million ($20.5 million). PayPoint first unveiled its plans to dispose of its Mobile and Online businesses when it presented its full year results in May 2015. The company…

January 08, 2016 BY Maria Nikolova

China abandons circuit breaker to maintain market stability

After a turbulent start of the year for the Chinese stock markets, as the newly implemented circuit breaker mechanism was activated twice, the Chinese regulators have decided to suspend the solution, in order to keep the markets stable. According to a Xinhua report, referring to a statement from the China Securities Regulatory Commission (CSRC), the mechanism…