Regulators are scrutinizing FX dealing platforms that contain last look, a controversial practice that enables market makers to delay or reject trades after they’ve agreed to a quoted price.
Read moreFurther 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…
Read moreRussian 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…
Read moreGlobal 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…
Read moreThis week LeapRate spoke with Inovance CEO Tad Slaff, head of the upstart FX trading software vendor. Inovance’s cloud-based platform, TRAIDE, makes analyzing financial data easy and actionable. Individual traders select the data they want to analyze, and the software uses machine-learning algorithms to analyze it for them, then the trader is able to explore the patterns found…
Read moreAfter recently unveiling a partnership with Kenandy, OANDA announces another collaboration in the FX rates area. OANDA announces today that it has teamed up with NetSuite, a cloud-based provider of integrated ERP and related business management technologies, in a move that will grant NetSuite users direct access to OANDA's currency information via a new application.…
Read moreIG Group has a workforce of over 1,400 staff across 17 worldwide offices.
Read moreBinary options platform provider SpotOption today announces that the number of downloads of their mobile application has reached 5 million, as popularity of mobile solutions gathers speed. The company attributes the recent growth in popularity to operator encouragement, as the benefits and opportunities have become more evident. Allowing traders to trade on-the-go, from any location obviously…
Read moreSocial trading network eToro keeps beefing up the offering to its clients. Just a couple of months after the company added 139 CFDs on stock of Chinese, Russian and US companies to its offering, it further increases the variety of such instruments. Today, it announced that 190 new US stocks are joining the lineup. The new shares…
Read moreUK CFD and Forex broker Z.com Trade, which yesterday informed its clients of system issues that have led to troubles with trading several CFDs, today provided an update on the matter. The company, which is a subsidiary of GMO Click Holdings Inc (TYO:7177), said that the system issues that led to the suspension in trading in…
Read more