March 23, 2016 BY Maria Nikolova

NFA bars CTA Accusigma and its principal, Brent Park, from membership

The United States National Futures Association (NFA) today announces that it has permanently barred commodity trading advisor Accusigma Corporation and its sole listed principal and associated person, Brent Park, from membership and from acting as a principal of an NFA Member. The NFA decision stems from a Complaint by NFA's Business Conduct Committee (BCC) from February…

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March 23, 2016 BY Maria Nikolova

UK Court issues $1.2 million confiscation order to Tom Hayes

Southwark Crown Court today ordered Tom Hayes, the first individual to be convicted for the manipulation of LIBOR, to pay a confiscation order of £878,806 ($1.24 million). Hayes was convicted of eight counts of conspiracy to defraud in August 2015 and sentenced to 14 years in prison. In December 2015, the sentence was reduced to…

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March 23, 2016 BY LeapRate Staff

FXCM CEO Drew Niv speaks on the company's results, loan from Leucadia, and what lies ahead - LeapRate Exclusive Interview

LeapRate Exclusive Interview.... It would be an understatement to say that the past 14 months have been topsy turvy for the people who run FXCM Inc (NYSE:FXCM), one of the world's leading retail forex brokers. After narrowly avoiding bankruptcy in the Swiss Franc spike of January 15, 2015 which left FXCM with more than $275 million…

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March 23, 2016 BY Maria Nikolova

XM joins lineup of Forex brokers sponsoring football teams

Cypriot Forex broker XM.com today announces a partnership with Saudi Arabia's Al-Nassr FC. The broker has become an official sponsor of Al-Nassr FC, which is currently the third most successful football club by performance in Saudi Arabia. The Al-Nassr FC sponsorship is the first major venture in the Persian Gulf and therefore a significant milestone…

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March 23, 2016 BY Maria Nikolova

Exness introduces unlimited leverage, expanding trading opportunities

Retail Forex broker Exness is leading a market breakthrough with the launch of a special Unlimited Leverage offer. An exclusive service from Exness, Unlimited Leverage provides traders with the opportunity to trade with negligible margin, to open more positions and bigger lots, and to use a vast range of trading strategies. Exness CEO Petr Valov had the…

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March 23, 2016 BY LeapRate Staff

JPMorgan Chase ups stake in Plus500 to 9% as shares continue to rise

Global investment bank JPMorgan Chase & Co. (NYSE:JPM) has made filings to the London Stock Exchange indicating that it has increased its stake in retail Forex and CFD broker Plus500 Ltd (LON:PLUS) to 9.0%, up from 7.5% previously. JPMorgan now holds directly 10,330,061 Plus500 shares, worth £67.8 million (USD $96 million). Plus500 shares have been on a…

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March 23, 2016 BY Maria Nikolova

Paysafe teams up with Emerchants to provide card solutions for gaming operators

Provider of payment solutions Paysafe Group Plc (LON:PAYS), which earlier this week joined the FTSE 250 index, has partnered with provider of prepaid payment technology and solutions Emerchants Ltd (ASX:EML) to deliver white-labelled pay-out card solutions to gaming operators in Europe. Emerchants, which has gaming operators such as Ladbrokes, William Hill and Sportsbet amid its…

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