IFC Markets, a British Virgin Islands regulated international Forex and CFD broker - part of the IFCM Group has just announced they are glad to inform clients that automatic deposit and withdrawal through Skrill has become available for the company. Deposit and withdrawal through Skrill is realized in your trader back office. To note, automatic deposit though Skrill is…
Read moreThe position of Russian regulators regarding crypto currencies in general and Bitcoin, in particular, has yet to be made clear. Whereas in 2014 the Bank of Russia dubbed Bitcoin a type of money surrogate and warned against it, the law is not precise regarding the status of Bitcoin and its use. This is about to…
Read moreBGC Partners, Inc. (NASDAQ:BGCP), an international brokerage company servicing the financial and real estate markets, today announces that it has sealed a committed unsecured credit agreement with a group of lenders. The agreement provides for maximum revolving loans of $150 million, with the option to increase the aggregate loans to $200 million. On February 25,…
Read moreMetaQuotes Software, the developer of the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms today announces that clients of 190 brokers already use the MetaTrader Virtual Hosting service. The service has been particularly useful for traders that use trading robots and/or have subscribed to signals, as these require continuous operation. MetaQuotes also notes that…
Read moreRussian retail bank VTB 24 intends to set up a subsidiary to offer Forex trading services. The VTB 24 press service informed Russian agency Interfax that the supervisory council of the bank will discuss these plans at a meeting on February 26, 2016 (today). According to Interfax, the bank will review a proposal to establish a subsidiary…
Read moreThe New York Post is reporting that the CEO of retail forex broker FXDD, Joseph Botkier, was arrested earlier this week and later charged with assault, following an altercation with his wife Maria. The NY Post article actually named Botkier the 'Handbag Honcho', since his family also owns a chic handbag line. And, since he allegedly clobbered…
Read moreIt has been a very busy year for Plus500 Ltd (LON:PLUS). Despite getting through last January's Swiss Franc spike with nary a scratch, shares of the Retail Forex and CFD broker took a dive until Playtech PLC (LON:PTEC) stepped in with plans to buy Plus500 for $700 million. When that deal unravelled late in 2015 Plus500…
Read moreFurther to LeapRate's report about London Stock Exchange Group Plc (LON:LSE) and Deutsche Boerse AG (ETR:DB1) discussing a merger, the two companies have today provided more details about the potential deal. A combined group will be formed as a result of the merger. It will be domiciled in London and will have LSEG in London…
Read moreLeapRate Exclusive... LeapRate has learned that the increasingly crowded online money transfer industry is about to get even more cramped. Former Saxo Bank and City Index executive Jim Tatchell is getting set to launch his own entrant in the industry, with the fairly unique name of Circadian FX Solutions. (The word Circadian means 'around the day', and…
Read moreThe UK Payment Systems Regulator (PSR) has on Thursday published the provisional findings of its market review into the ownership and competitiveness of the infrastructure that supports the payments systems; Bacs, Faster Payments System (FPS) and LINK. The above-mentioned payment systems are currently owned by a relatively small number of banks, which also control the…
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