March 07, 2016 BY Maria Nikolova

PhillipCapital UK introduces Spring Cash Rebate Program

PhillipCapital UK, the FCA-regulated Forex broker that started operations in April last year, is offering its clients to make use of a generous spring rebate scheme. PhillipCapital UK offers a cash rebate in relation to trades executed during the promotional period, which runs from GMT 00:00:00 14th March 2016 (Start Date) to GMT 23:59:59 14th June…

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March 07, 2016 BY Maria Nikolova

Saxo Bank adds weekly options on VIX to offering

Multi-asset trading and investment services provider Saxo Bank has recently expanded its product offering via the addition of weekly options on VIX (VIX Weeklys). The main purpose of the new instrument is to provide traders with the opportunity to trade on the short term instead of only monthly or longer dated options.​ VIX Weeklys can be…

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March 07, 2016 BY LeapRate Staff

Utrade's Aviv Talmor remanded to House Arrest

Continuing our coverage of the arrest of Utrade owner and longtime retail forex entrepreneur Aviv Talmor, Israel business site Calcalist is reporting that Talmor has been remanded to seven days House Arrest, a common tactic in Israel for non-violent offenders facing criminal charges. As reported on LeapRate, Aviv Talmor was originally taken into custody last…

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March 07, 2016 BY Maria Nikolova

MB Trading redesigns website following acquisition by TradeKing

US futures, options and stock broker MB Trading has presented the visitors of its website with a redesigned look, to reflect the fact that the company was acquired by TradeKing. In addition to the logo, which now clearly states that MB Trading is offered by TradeKing, the website is less crowded in terms of text and…

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March 07, 2016 BY Maria Nikolova

Spotware rolls out unique Introducing Broker Program for cTrader

Trading software experts Spotware Systems today announce the launch of their unique cTrader Introducing Broker Program. The feature is now available to all existing broker-clients for no extra charge and is available to all future brokers also for no charge. The new feature can be configured from cBroker and used by Introducing Brokers (IBs) from cTrader.…

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March 07, 2016 BY LeapRate Staff

FXCM ends week up 28%, Plus500 up 7% to $1 billion valuation

It was a fairly good week for shares of retail forex brokers. (At least for some of them). Hottest of the group was FXCM Inc (NYSE:FXCM), which saw speculation heat up again regarding its ability to seal a deal with Leucadia National Corp (NYSE:LUK) and renegotiate terms of its $300 million loan from Leucadia. FXCM shares…

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March 07, 2016 BY Maria Nikolova

ASX, ASIC halt Bitcoin Group listing plans

Bitcoin Group's plans for a floatation on ASX have just hit the curb... On March 4, 2016, ASX sent Bitcoin Group a letter, informing the company that it does not meet the requirements for admission to the official list. ASX made its decision after Grant Thornton Australia produced an independent report stating that Bitcoin Group has…

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March 07, 2016 BY Maria Nikolova

ASIC report: ASX, Chi-X Australia meet cyber resilience obligations

The Australian Securities and Investments Commission (ASIC) has earlier today released a “Cyber resilience assessment report: ASX Group and Chi-X Australia Pty Ltd”, with the document presenting the assessments of the cyber policies at Australia’s major domestic financial market infrastructure providers. Overall, the assessment concluded that ASX Group and Chi-X have, up to this point…

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March 07, 2016 BY Maria Nikolova

China Construction Bank becomes first Chinese bank to join the LBMA Silver Price

International derivatives marketplace CME Group Inc (NASDAQ:CME) and Thomson Reuters Corp (NYSE:TRI) have announced that China Construction Bank Corporation (SHA:601939) is joining the LBMA Silver Price as a new member. CME Benchmark Europe Limited and Thomson Reuters have operated the LBMA Silver Price since August 2014 when they took over from the London Silver Market…

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