April 22, 2016 BY LeapRate Staff

FX education site Traders4Traders has its ASIC license reinstated - LeapRate Exclusive

LeapRate Exclusive Interview... LeapRate has learned that popular Australia based FX trader education website Traders4Traders has had its Australian financial services (AFS) license fully reinstated by Australian regulator ASIC. We had reported back in February that ASIC had issued a temporary suspension order for Traders4Traders' license, after it found that Traders4Traders failed to lodge financial statements, auditor reports…

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April 22, 2016 BY LeapRate Staff

Managing volatility: A trader’s conundrum

The following guest post is courtesy of Neil Browning, Head of FX Sales at Saxo Bank. [divide] Volatility is on the rise in the foreign exchange market and remains a classic trader’s conundrum. It’s well documented that when combined with liquidity, volatility creates opportunities across FX, but in periods of excess volatility, for example following…

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April 22, 2016 BY Maria Nikolova

Positive profit alert sends KVB Kunlun shares higher

Shares in Hong Kong FX broker KVB Kunlun Financial Group Ltd (HKG:8077) opened higher today after the company published a positive profit alert for the first quarter of 2016. The board of directors of the company has reviewed the unaudited management accounts for the three months ended March 31, 2016 and, based on the review,…

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April 22, 2016 BY Maria Nikolova

Tradition's consolidated revenues drop in Q1 2016, but FX trading in Japan continues to shine

Swiss interdealer broker Compagnie Financiere Tradition SA (SWX:CFT) has earlier today posted some financial metrics for the first three months of 2016, with consolidated revenues down in annual terms, but Forex trading business in Japan continuing to perform solidly. Compagnie Financière Tradition reported Q1 2016 consolidated revenue of CHF 219.5 million compared with CHF 227.3m…

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April 22, 2016 BY Maria Nikolova

Russia's KROUFR adds Interactive Option to “Black List”

Russia’s Commission for the regulation of relations in the financial market (KROUFR) keeps updating its “Black List” of companies that exhibit characteristics of investment scams. The latest addition to the “Black List” is Interactive Option, a binary options firm registered in Cyprus. KROUFR has received numerous complaints from clients of Interactive Option regarding unfair practices concerning…

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April 22, 2016 BY Maria Nikolova

Stellar Trading Systems establishes connectivity with CFE

CBOE Futures Exchange, LLC (CFE), a subsidiary of CBOE Holdings, Inc (NASDAQ:CBOE), on Thursday announced that multi-asset trading software and services provider Stellar Trading Systems has established connectivity with CFE as an approved independent software vendor (ISV). The new link will provide traders using Stellar Trading Systems’ platform the ability to directly interface with CFE…

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April 21, 2016 BY LeapRate Staff

SEC extends Limit-Up-Limit-Down market volatility pilot by one year

The U.S. Securities and Exchange Commission (SEC) today issued an order to extend for one year the pilot period of the National Market System Plan to address extraordinary market volatility, commonly known as the limit up-limit down (LULD) plan. The SEC also approved a modification to the manner in which the LULD plan establishes the…

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April 21, 2016 BY LeapRate Staff

FXStreet new website back down after crash

LeapRate has learned that the new website of popular forex trader website FXStreet.com has been taken down, after a series of glitches and crashes following its launch this past weekend. The company has reverted for the time being to its old site. As first reported by LeapRate three weeks ago, FXStreet has been beta testing…

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April 21, 2016 BY LeapRate Staff

Moscow Exchange ups tick size for FX instruments

Moscow Exchange is reporting that from May 30, 2016, it is increasing the tick size from RUB 0.0010 to RUB 0.0025 for FX spot instruments on USD/RUB, EUR/RUB, GBP/RUB, BYR/RUB, KZT/RUB and UAH/RUB currency pairs. The larger tick size was initiated by market participants to facilitate greater liquidity of the Exchange"s order book. On April…

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