Shortly after SBI Holdings Inc (TYO:8473) inked a multi-million dollar investment deal with Bitcoin exchange Kraken, the Japanese financial conglomerate announces another step into the world of blockchain. SBI Holdings today announces that it will join blockchain consortium R3, led by US fintech company R3 CEV LLC. The consortium is one of the world’s largest…
Read moreIt was another (very) busy news week for Forex brokers, and a lot of it was reported exclusively at LeapRate. But before we get to the news, some news about LeapRate. We're pleased to report that SimilarWeb's February numbers are out, and we were informed that LeapRate had one of the largest leaps (no pun…
Read moreUS Forex broker FXCM Inc (NYSE:FXCM) has just filed its Annual Report (10-K) with the Securities and Exchange Commission (SEC), with the document containing details about the company's financial metrics for 2015 and the renegotiated deal with Leucadia, developments of which LeapRate has already informed you. The document is interesting in that it also provides additional…
Read moreNorth American Derivatives Exchange, Inc. (Nadex), part of IG Group Holdings plc (LON:IGG), has submitted a notice with the Commodity Futures Trading Commission (CFTC), informing it of its plans to expand its offering. Nadex will be offering new Daily EUR/GBP and AUD/JPY ‘Wide’ and ‘Narrow’ Spread contracts. New EUR/GBP contracts At the start of trading…
Read moreIncreased FX market volatility on March 10, 2016, has pushed Forex volumes at international derivatives marketplace CME Group Inc (NASDAQ:CME) to a record high. The company reached a trading volume record for total FX futures and options on Thursday (March 10th), of 2,517,334 contracts, This result exceeded by 6% the previous record of 2,371,202 contracts…
Read moreCySEC regulated Forex brokerage Orbex is expanding its cooperation with the leading independent financial research provider – Trading Central. Informed trading decisions within your platform have become more attainable through the partnership. Orbex clients are able to access Trading Central service in 4 new languages: Italian, Spanish, Indonesian and Turkish. The new languages are now available on Trading Central…
Read moreOne of the major online trading services providers in the United States - Interactive Brokers Group, Inc. (NASDAQ:IBKR) keeps enhancing the capabilities of its Trader Workstation (TWS) platform. LeapRate has earlier reported about the Daily P&L Alerts on Positions that are available in TWS (beta) build 956, and now the broker is adding more functionalities in…
Read moreSoon after imposing a monetary penalty of €100,000 on Cypriot Forex broker CommexFX, the Cypriot regulator fines the company again. This time the penalty is €50,000. The decision for the fine was made at a CySEC Board meeting on February 1, 2016. The sanction relates to CommexFX's violations of section 139(2) of the Investment Services and…
Read moreRetail Forex broker FXPRIMUS has redesigned its website home page, in an effort to simplify and accelerate the account opening process. The renovated home page makes the account opening process faster, while also putting the stress on the broker latest marketing move - the Meet Your Heroes campaign. New traders willing to check out FXPRIMUS’s offering…
Read moreRussia's president Vladimir Putin earlier this week signed “Federal Law On Amendments to the Russian Federation Code of Administrative Offences”, with the document introducing tougher penalties for those who support the activity of financial pyramids. The Law envisages administrative fines for individuals and businesses that organize financial pyramids and attract investors. There are fines also…
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