February 18, 2016 BY Maria Nikolova

Ontario Securities Commission issues warning against FX broker CMS Trader

The Ontario Securities Commission (OSC) continues to add unlicensed Forex brokers to its Warning List. Less than a month after one of the strictest Canadian financial regulators issued a warning against retail forex broker Sumo Forex Limited, the watchdog publishes a warning against CMS Ventures Limited (also known as Pandorx Ventures Ltd.) The company is…

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February 18, 2016 BY Maria Nikolova

RoboForex to change margin requirements for stock CFDs

CySEC-regulated Forex broker RoboForex has announced that it will change the margin requirements for positions in CFDs on US and German companies' shares. The new margin requirement for these instruments is 5%, compared with a current level of 2%. The changes are effective February 22, 2016. The margin requirement for CFDs on indices and oil…

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February 18, 2016 BY Maria Nikolova

CBOE Holdings declares dividend of $0.23 per share for Q1 2016

CBOE Holdings, Inc (NASDAQ:CBOE), the holding company for Chicago Board Options Exchange (CBOE), the CBOE Futures Exchange (CFE), announced on Wednesday that its Board of Directors has declared a quarterly cash dividend of $0.23 per share. The quarterly cash dividend of $0.23 per share of common stock will be payable on March 18, 2016, to…

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February 18, 2016 BY LeapRate Staff

Employment on FX trading desks shrinks 30% since 2012

An interesting report in Reuters asks if the glory days of FX trading are over. The FX market's status as the world's largest, built up over decades of rampant globalization, deregulation and growth in financial services, is unlikely to be relinquished any time soon. But the glory days, according to Reuters, may be over. Overall…

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February 18, 2016 BY LeapRate Staff

Sberbank press release on eToro joint venture

Further to our earlier report on eToro's new joint venture with Russian bank Sberbank to serve the Russian online trading market, Sberbank has put out a formal press release. The original PR can be seen here. The full text follows below. As we wrote in our previous article, the eToro-Sberbank joint venture follows the December…

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February 17, 2016 BY LeapRate Staff

Russian press report eToro-Sberbank JV to serve Russian traders

Russian business news websites Finam.ru and Finanz.ru have reported today that retail forex broker eToro has agreed on a joint venture with Russia's largest bank Sberbank. The JV will serve customers in Russia, and will be integrated with applications at Sberbank, according to Sberbank Chairman and CEO Herman Gref. The JV structure is yet to be…

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February 17, 2016 BY Mike Fox

Kraken announces significant progress in MtGox claims investigation

Global bitcoin exchange Kraken today shared that “significant progress” has been made in the investigation into claims from creditors of MtGox. In November 2014, Kraken was selected to assist Tokyo District Court-appointed Trustee Nobuaki Kobayashi in the bankruptcy investigation of missing Bitcoin, receiving claims and distributing remaining assets to creditors of MtGox. Today, the Trustee…

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