March 24, 2016 BY Maria Nikolova

ICAP, Tullett Prebon shareholders approve transaction scheme

A brief follow-up to LeapRate's earlier report regarding the proposed acquisition of the global hybrid voice broking and information business of ICAP plc (LON:IAP) by Tullett Prebon Plc (LON:TLPR)... At meetings held on March 24, 2016, shareholders in both companies approved the scheme of arrangement of the deal. The completion of the transaction remains subject to…

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March 24, 2016 BY LeapRate Staff

Anyoption launching gamified Binary Options trading with Bubbles product - LeapRate Exclusive

LeapRate Exclusive... No, it isn't a new dish soap brand. LeapRate has learned that leading regulated binary options brokerage platform Anyoption has just launched a new binary options trading product called Bubbles. Bubbles is a self directed trading system where traders can effectively create their own binary option, with different time duration and asset price…

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March 24, 2016 BY LeapRate Staff

UK bank fees on foreign currency transfers still 3x those of independent specialist firms

International money transfer comparison site FXcompared.com has released the latest findings from its International Money Transfer Index (IMTI), which tracks and monitors data on banking costs for currency transactions in the UK. While FXcompared.com did find that banks have been lowering their costs in recent months in the face of rising competition from online money transfer services,…

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March 24, 2016 BY LeapRate Staff

New atmosphere in the FX industry

The following is a guest post courtesy of GBO International Financial Services. GBO helps clients all over the world establish their businesses online, providing services such as incorporation, licensing, assistance in opening bank accounts internationally, clearing and payment solutions, nominee services and more. GBO is a world leader in providing financial services to online companies. Visit…

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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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