Crude oil tumbles after Doha meeting ends without agreement
Oil prices collapsed on Monday after major oil producers failed on Sunday to an output freeze.
Read moreOil prices collapsed on Monday after major oil producers failed on Sunday to an output freeze.
Read morePost trade infrastructure provider TriOptima, part of ICAP plc (LON:IAP), has announced that Nasdaq members completed the first successful compression cycle for cleared Swedish Krona (SEK) interest rate swaps. More than 40% of the cleared outstanding SEK swap inventory was eliminated in this first collaboration between Nasdaq and TriOptima. Johan Rudén, Senior Vice President and…
Read moreA follow-up to LeapRate's earlier report about a former employee of Japanese FX broker YJFX, a subsidiary of Yahoo Japan Corporation (TYO:4689), stealing loads of customer data... The broker announced today that an external professional, hired to conduct an investigation into the breach, has concluded its check, with no further leaks of information detected. YJFX…
Read moreJapanese 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…
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