GMO Click extends spread reduction campaign until April 8, 2016 LeapRate

March 04, 2016 BY Maria Nikolova

GMO Click extends spread reduction campaign until April 8, 2016

GMO Click Securities, the Japanese online trading services provider which is a subsidiary of GMO Click Holdings Inc (TYO:7177), today announced an extension of the spread reduction campaign, which the company initially launched in February. The campaign targets four currency pairs: EUR/USD, GBP/USD, EUR/JPY and GBP/JPY. It was originally set to last until March 4th,…

March 04, 2016 BY Maria Nikolova

Saxo Bank sees best FX volumes in more than a year during February 2016

Multi-asset investment and trading services provider Saxo Bank has just reported its key operating metrics for February 2016, with the month delivering a good piece of news for the broker's volumes. Saxo Bank saw its monthly trading volumes reach $259 billion in February 2016, the highest reading since January 2015, which was marked by record market…

March 04, 2016 BY LeapRate Staff

Pepperstone's Owen Kerr on CHAMP investment - LeapRate Exclusive Interview

LeapRate was first to break the story on Thursday of Australian retail forex broker Pepperstone securing a multi-million dollar investment, which was then copied on several other blogs. We're now pleased to bring our readers another first, in the form of an exclusive interview on the investment with Pepperstone CEO Owen Kerr. The investment in Melbourne-based Pepperstone…

March 04, 2016 BY Maria Nikolova

IG enables direct access to IG Community through web platform

Leading online trading services provider IG Group Holdings plc (LON:IGG) has recently made access to the IG Community easier. Clients of the broker can now access the Community, an online space where one can discover new strategies, discuss market events and share insight with other traders, directly through the web platform. Traders will find the Community…

March 04, 2016 BY Maria Nikolova

Swissquote outweighs Swiss franc spike hit, reports 2015 net profit of CHF 2.1 million

Leading Swiss provider of online financial and trading services Swissquote Group Holding SA (SWX:SQN) has earlier today published its annual report for 2015, with the company managing to outweigh the negative impact of Swiss franc events that pushed it into a loss in the first half of 2015. Swissquote ended 2015 with a net profit of…

March 04, 2016 BY Maria Nikolova

IBFX Australia bids goodbye to clients

Visitors of the website of IBFX Australia were today greeted with a short notice announcing that the company has decided to halt forex operations. Ex-clients of the company are encouraged to contact the customer support service if they have any questions. The announcement comes less than a fortnight after OANDA said that it had agreed to…

March 04, 2016 BY Maria Nikolova

Hong Kong's SFC issues warning against securities brokerage Galaad Capital Group

Hong Kong's Securities and Futures Commission (SFC) keeps updating its Alert List and today added one more unlicensed entity to it - Galaad Capital Group. Galaad Capital Group, operating from www.galaadcapitalgroup.com, is offering a range of trading services, including Forex services. The company provides the following address: 28th Floor, New World Tower, 16 Queen’s Road…

March 04, 2016 BY Maria Nikolova

Russia's NSD introduces PVP settlement service

Russia's National Settlement Depository (NSD), part of the Moscow Exchange group of companies, has launched a new service enabling the processing of client cross-currency settlements – payment versus payment (PVP-1). PVP is a cash settlement principle expanding the reliability of settlements and assuming that a participant’s cash transfer in one currency occurs if another participant’s…

March 04, 2016 BY Maria Nikolova

Japanese FX broker Hirose to cut leverage on LION FX platform

Japanese FX and binary options broker Hirose, which is planning a public float of its shares later this month, has announced pending changes to the trading conditions for owners of corporate accounts for its LION FX platform. Effective April 11, 2016, the broker will be reducing maximum leverage for such accounts from 1:200 to 1:100. The…

March 03, 2016 BY Maria Nikolova

Pepperstone secures strategic investment from CHAMP Private Equity

Australian retail Forex broker Pepperstone today announced that it has secured a major strategic investment from CHAMP Private Equity, one of Australia's leading PE firms. Melbourne-based Pepperstone founder is partnering with CHAMP in order to support the broker's expansion. Pepperstone intends to open offices in multiple new regions this year. In order to further boost their…