December 14, 2015 BY Maria Nikolova

Italy's Consob warns against unauthorized Forex broker StoxMarket

Italy's financial markets regulator Consob has been quite active in issuing warnings against unauthorized Forex and binary options brokers targeting Italian investors. The latest addition to the Warning List is StoxMarket, operating though https://www.stoxmarket.com. The company is offering a variety of online trading services, including Forex trading on MT4. Its contact page provides addresses of…

Read more
December 14, 2015 BY LeapRate Staff

Gold-i and Corellasoft's Visual Edge enhanced with risk management tools for MT4 brokers

MT4 systems integrator Gold-i has announced that Visual Edge, its broker analytics product developed in partnership with Corellasoft, can now help MT4 brokers with risk management in addition to being used as a business analysis and client profiling tool. New features enable brokers using Visual Edge to view their B-Book exposure, grouped by any attribute such…

Read more
December 14, 2015 BY Maria Nikolova

OzForex allocates $2.66M to retain key execs in light of Western Union bid

A follow-up to LeapRate's earlier story on the Western Union Company (NYSE:WU) submitting an acquisition proposal for Ozforex Group Ltd (ASX:OFX), an international provider of online payment services... OzForex announced today that in light of the bid, its Board has determined to allocate a total retention pool of $2.66 million to six key executives who assumed…

Read more
December 14, 2015 BY LeapRate Staff

Paysafe shares drop 9% as CVC and Investcorp sell their stake in the company

Paysafe Group Plc (LON:PAYS) saw its shares plummet 9% on Friday, as two of its major shareholders exited their investment in the payment services company. Private investment firms CVC Capital Partners and Investcorp Technology Partners announced late Thursday their intention to sell their entire 7.3% stake in Paysafe, comprising 35.1 million Paysafe shares. The shares were to be…

Read more
December 14, 2015 BY Maria Nikolova

Alpari International changes trading conditions for fix.mt4 and pro.mt4 accounts

Mauritius-registered Forex broker Alpari International Limited has announced pending changes to the terms for fix.mt4 and pro.mt4 accounts, to be implemented on December 21, 2015. As part of these changes: fix.mt4 accounts will become standard.mt4 accounts; pro.mt4 accounts will become ecn.mt4 accounts. Also, the server name for both account types will change. After the trading…

Read more
December 14, 2015 BY Maria Nikolova

ASIC publishes clearing rules for OTC derivatives

The Australian Securities & Investments Commission (ASIC) today published the rules implementing Australia's mandatory central clearing regime for over-the-counter (OTC) derivatives of financial institutions – the ASIC Derivative Transaction Rules (Clearing) 2015 and explanatory statement. The rules are released after a consultation on the matter was opened in May this year. The key aim of…

Read more
December 14, 2015 BY Maria Nikolova

Japanese OTC Forex volumes drop 20.3% MoM in November 2015

Earlier today, the Futures Financial Association of Japan (FFAJ) posted the monthly operating metrics of its members that offer Forex and binary options trading over the counter for November 2015. The Forex and binary options segments both showed pronounced drops in trading volumes last month, with Forex volumes dropping 20.3% from October 2015 levels and…

Read more
December 13, 2015 BY LeapRate Staff

Top Bitcoin Myths – #9: Bitcoin has no intrinsic value

The following guest post is one of a series courtesy of Marco Streng, CEO and Co-founder of Genesis Mining. [divide] It is commonly argued that Bitcoin has no intrinsic value. To address these concerns, it is important to first understand what defines value. In terms of a currency, value must meet the following criteria: Means of…

Read more