December 08, 2015 BY LeapRate Staff

Can an STP/ECN broker really offer 500:1 leverage?

The following guest post is courtesy of Shobin Mathew Simon, Institutional Sales Associate at Advanced Markets. [divide] The ability to trade using leverage is one of the key advantages associated with “retail” forex trading. This unique factor tends to attract more investors to forex, rather than to equities or other financial instruments, as there is the perceived opportunity…

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December 08, 2015 BY Mike Fox

Saxo Bank offering new tiered Forex volume based price plan

This week we learned that Danish headquartered and globally regulated multi-asset brokerage house Saxo Bank will offer a tiered based forex commission scheme to its clients based on the amount of volume being done. This will also sit next to their all inclusive no-commission pricing where the fee is built into the spread. What are my trading…

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December 08, 2015 BY Maria Nikolova

OANDA Europe partners with Seer Trading Systems to offer algorithmic testing and execution platform

OANDA Europe Limited, a provider of online Forex, precious metals and CFD trading services, has teamed up with Seer Trading Systems, in a collaboration that will provide OANDA clients with an institutional-grade algorithmic back-testing and forward execution platform. Seer Trading offers algorithmic trading features that are not available across retail focused platforms at present. These…

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December 08, 2015 BY Maria Nikolova

Playtech's appeal against CBI decision on AvaTrade deal is successful

Playtech PLC (LON:PTEC) has just provided an update regarding its appeal against the Central Bank of Ireland (CBI) decision to oppose the planned acquisition of retail Forex broker AvaTrade. Playtech said that the appeal was allowed by the Irish Financial Services Appeals Tribunal, with the consent of the CBI, on the grounds of error in the…

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December 08, 2015 BY Maria Nikolova

TriOptima announces completion of first unlinked JPY interest rate swaps compression cycle in JSCC

TriOptima, the subsidiary of ICAP plc (LON:IAP) which provides post trade risk management services and infrastructure for OTC derivatives, today announces that members of Japan Securities Clearing Corporation (JSCC) terminated JPY 72.5 trillion ($588.9 billion) in the first unlinked compression cycle for JPY interest rate swaps (IRS) in JSCC. This marks an increase of 44.4%…

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December 08, 2015 BY Maria Nikolova

Virtu Financial Europe, Euronext Paris get €5M fines in France for market rules violation

The Enforcement Committee of France's financial markets regulator AMF has imposed hefty fines on high frequency trading firm Virtu Financial Europe, formerly known as Madison Tyler Europe, and Euronext Paris. On December 4, 2015, the Committee fined Virtu Financial Europe €5 million ($5.43 million) for market manipulation and ignoring Euronext market rules. Euronext Paris also…

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December 08, 2015 BY Maria Nikolova

Forex Club applies for Russian Forex dealer license

Retail Forex and CFD broker Forex Club today announced that it has submitted an application to obtain a license as a Russian Forex dealer – the official designation for a company providing Forex trading services in Russia. The company said it filed the necessary papers with the Central Bank of Russia on Monday, December 7th.…

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