March 14, 2016 BY LeapRate Staff

IBFX / TradeStation Forex gets $1 million CFTC fine for capital violations

The U.S. Commodity Futures Trading Commission (CFTC) today issued an order filing and simultaneously settling charges against Plantation, Florida-based IBFX, Inc. (IBFX), formerly known as TradeStation Forex, Inc. IBFX is a wholly owned subsidiary of TradeStation Group, Inc. and a CFTC-registered Retail Foreign Exchange Dealer (RFED). The CFTC order requires IBFX to pay a $1…

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March 14, 2016 BY Mike Fox

CQG adds historical data and research platform Portara to its offering

Portara uses a subscription-based pricing model, making it affordable to any hedge fund or CTA regardless of budget. CQG, a global provider of high-performance trade routing, reliable market data, and advanced technical analysis, has added Portara® to its main product suite. This award-winning historical data extraction and research platform includes historical data from the CQG Data Factory. Portara…

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March 14, 2016 BY Maria Nikolova

FCA warns against clone firm Markets Central Investment

The UK Financial Conduct Authority (FCA) keeps its conquest against clone firms – unauthorized entities that abuse the details of authorized firms in an effort to defraud investors more easily. The latest warning concerns Markets Central Investment, a company which misuses the details of an FCA-licensed firm - Central Markets (London) Ltd. The clone entity,…

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March 14, 2016 BY Maria Nikolova

USAA rolls out Coinbase services to entire membership base

Financial services provider USAA has expanded Coinbase integration to all of its members, the Bitcoin exchange expert announced today. Thanks to the expansion, all members of USAA can now view their Coinbase bitcoin balance on USAA.com and USAA’s mobile app. Last November, USAA launched a pilot Coinbase integration for a small group of members. As…

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March 14, 2016 BY Maria Nikolova

MoneySwap raises $150,000 through convertible loan note

Provider of online payment solutions MoneySwap PLC (LON:SWAP) today announces that it has raised $150,000 by the issue of a new convertible loan note. The Convertible Loan is unsecured and carries interest at an annual rate of 5%, It is repayable on March 11, 2018. The loan may be converted into new ordinary shares in…

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March 14, 2016 BY Maria Nikolova

ChartIQ raises $4 million in Series A financing round led by Illuminate Financial

Provider of HTML5 charting and data visualization tools ChartIQ today announces that it has secured $4 million in a Series A investment, led by venture capital firm Illuminate Financial, with participation from existing investors ValueStream, Tribeca Angels and other angel investors. ChartIQ, which is headquartered in Charlottesville, is beefing up its existing sales, marketing, and…

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March 14, 2016 BY Maria Nikolova

KCG sees market making volumes drop 13.8% MoM in February 2016

KCG Holdings, Inc. Class A (NYSE:KCG) has just published its operating metrics for February 2016, with the month bringing a double-digit month-on-month decline in market making volumes for the company. In Market Making, KCG averaged $31.2 billion dollar volume traded, 4.4 billion shares traded, and 4.3 million trades per day in U.S. Equities. The result…

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March 14, 2016 BY LeapRate Staff

SpotOption's Spot+ and the importance of automated brokerage solutions

LeapRate Exclusive Interview... The issue of Automation seems to be coming up a lot more lately in the lexicon of Forex and Binary Options brokers. Following the lead of brokers (such as Plus500) which have been very successful at automating their operations - including everything from customer acquisition to retention - we have been witnessing…

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