Alpari stops offering trading on OptionTrader platform LeapRate

January 14, 2016 BY Maria Nikolova

Alpari stops offering trading on OptionTrader platform

Retail FX broker Alpari Ltd has stopped offering binary options trading on OptionTrader platform, with fx.option accounts no longer supported. According to an announcement on the company's website, trading using fx.option accounts became unavailable effective January 7, 2016. A comment on Alpari's Russian Forum says that the company stopped supporting the platform on January 11, 2016.…

January 14, 2016 BY Maria Nikolova

Invast Securities sees revenues rise 15.2% MoM in December 2015

Japanese online trading company Invast Securities Co., Ltd. (TYO:8709) has just posted key business metrics for the last month of 2015, with operating revenues recovering from November lows, although lagging behind the robust results seen in December 2014. The company reported operating revenues of JPY 281 million ($2.38 million) for December 2015, up 15.2% from…

January 14, 2016 BY LeapRate Staff

Gain Capital and LCG shares each sink to new 52 week lows

It has been a tough week for shares of retail forex brokers. With the backdrop of heavy volatility in the financial markets (mostly in the down direction), shares of some of the better known names among the publicly traded retail forex brokers have also taken a battering. In the US, Forex.com parent Gain Capital Holdings Inc…

January 14, 2016 BY Maria Nikolova

FXSpotStream joins Forex trade body FXPA

The Foreign Exchange Professionals Association (FXPA), a Forex trade body that commenced operations in September 2014, on Wednesday announced the addition of one new member. FXSpotStream, a provider of multibank FX aggregation services, has joined FXPA as an Associate Member. “As a bank-owned consortium bringing greater transparency and efficiencies to the FX market, FXSpotStream is pleased…

January 14, 2016 BY Maria Nikolova

First Derivatives partners with analytics company Utilismart

Provider of software and consulting services First Derivatives plc (LON:FDP) is further expanding the footprint of its Kx technology via a partnership with Utilismart Corporation, a meter data management and analytics company with more than 100 clients including electricity, water and gas utilities across North America. FD said today that it has signed a Memorandum…

January 14, 2016 BY Maria Nikolova

Bitcoin firm BTCS generates 1,797 bitcoins in FY 2015

BTCS Inc (OTCMKTS:BTCS), formerly known as Bitcoin Shop, Inc., has provided a performance update for last year and struck a positive note about its future operations. The blockchain technology focused company said it generated 1,797 bitcoins for the year ended December 31, 2015 from its transaction verification services, a jump of 3,389% over total bitcoins…

January 13, 2016 BY Maria Nikolova

FxGrow joins lineup of FX brokers with redesigned websites

The trend of Forex companies launching redesigned websites to meet the sophisticated demands of traders and to offer a mobile friendly environment is gathering pace. The latest company to join the growing group of brokers redesigning their websites is FxGrow, a CySEC-regulated retail Forex broker. FxGrow's website has been overhauled with a special focus on…

January 13, 2016 BY Mike Fox

GKFX to provide algorithmic trading through Tradeworks

Forex brokerage GKFX will get access to Tradeworks’ proprietary provisioning portal and API, which enables a fully integrated, real-time, client provisioning experience. GKFX, an FCA regulated broker announced today it has partnered with Copenhagen, Denmark based financial trading technology company Tradeworks. Under the agreement GKFX will make the Tradeworks algorithmic trading tool available to their global client…

January 13, 2016 BY Mike Fox

Bank of New York Mellon accused of overcharging customers on Forex fees from ADR dividends

Reuters pointed out today that Bank of New York Mellon Corp (NYSE:BK) has been hit with a proposed class action lawsuit accusing it of skimming millions of dollars from clients by overcharging for currency conversions for American Depository Receipt dividends. Filed on Monday of this week in a Manhattan federal court, the lawsuit accused the world's biggest custody…