Retail Forex broker Gain Capital Holdings Inc (NYSE:GCAP), parent of the Forex.com and City Index brands, saw its share price drop a further 7% on Wednesday to close at $6.68, its lowest closing price since January. During the trading day Gain shares actually dropped as low as $6.15 - down 14% on the day - before…
Read moreChina Construction Bank (CCB) Frankfurt Branch has obtained authorisation as a trading and direct clearing member to the cash and derivatives markets operated by Deutsche Boerse AG (ETR:DB1). This is set to further bolster the accessibility of the German and European capital market to Chinese issuers and Asian investors. China Construction Bank Frankfurt Branch is…
Read moreOnline trading services provider Interactive Brokers Group, Inc. (NASDAQ:IBKR) keeps beefing up the functionalities of its Trader Workstation (TWS) platform. LeapRate has already informed you of a number of additions (currently in beta) coming in the platform's build 956, such as Daily P&L Alerts on Positions, and, more recently, a new group of columns labeled “Technical…
Read moreThe Swiss Financial Market Supervisory Authority (FINMA) today highlighted its efforts to go hand in hand with financial innovation by making two announcements: one concerns the new rules for onboarding clients by financial intermediaries; the other concerns the licensing of financial innovation companies. Digital client identification now possible A growing number of financial intermediaries interact…
Read moreThe latest Deregistration notice on New Zealand’s Financial Service Providers Register (FSPR) website, published today, shows that 215 firms and individuals lost their place on the register in February 2016. The number of deregistered entities is way higher than in December last year, when there were 90 removals from the register. The count is well…
Read moreA follow-up to LeapRate's earlier report on the planned public float of Japanese Forex broker Hirose Tusyo Inc (Hirose FX) on Tokyo Stock Exchange JASDAQ (Standard)... An announcement on the Japan Exchange Group (JPX) website today provides details on the matching mechanism for the first day of listing of Hirose Tusyo Inc. The company's shares will…
Read moreThe British Columbia Securities Commission (BCSC) keeps updating its Investment Caution List, which includes the names of unregistered brokerage firms unlawfully targeting British Columbia investors or misleadingly purporting to be associated with the Canadian province. The latest addition to the Investment Caution List is AlfaTrade, owned by Nemesis Capital Limited. AlfaTrade, which offers Forex services…
Read moreFXCM Asia, formerly a part of FXCM Inc (NYSE:FXCM) and currently a wholly owned subsidiary of Rakuten Securities, today announces its pending rebranding. FXCM Asia Limited (FXCM Asia) will be rebranded as Rakuten Securities Hong Kong Limited (Rakuten Securities HK) on April 21, 2016. This serves to reflect the company business development after Rakuten Securities,…
Read moreToday we learned from official filings that London based Forex brokerage XTB Limited, the operator of XTB.com has appointed a new director in Marcus James Ford, an FX industry veteran of many years. This brings the total count of current directors to three at XTB Limited. Mr. Ford most recently served as a director at OANDA Europe from…
Read moreThe Canadian Securities Administrators (CSA), the council of the 10 provincial and three territorial securities regulators in Canada, encourage investors to take part in the annual Check Registration Day on March 16, 2016. Investors are advised to visit aretheyregistered.ca to see whether the individual or firm offering them an investment or advice is registered to do…
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