December 01, 2015 BY Maria Nikolova

Belize's regulator issues warning, cease and desist order against FX firm Grizzly Limited

Belize's International Financial Services Commission of Belize (IFSC) on Monday published a warning notice and cease and desist order against provider of Forex services Grizzly Limited. The company operates via https://www.grizzly-ltd.com/, where it claims to be regulated by the IFSC. The regulator notes that Grizzly Limited is not licensed by the International Financial Services Commission…

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December 01, 2015 BY Maria Nikolova

CBOE Holdings to add options on FTSE 100, FTSE 50 China to offering

CBOE Holdings, Inc (NASDAQ:CBOE), the holding company for Chicago Board Options Exchange (CBOE), the CBOE Futures Exchange (CFE), is planning to add options on the FTSE 100 Index and the FTSE China 50 Index to its offering. The intentions were voiced by CBOE Holdings' Chief Executive Officer Edward T. Tilly at CBOE’s Risk Management Conference…

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December 01, 2015 BY Maria Nikolova

Rakuten Securities to stop offering DailyFX Japan services

Rakuten Securities, the brokerage arm of Rakuten Inc (TYO:4755), which earlier this year took over FXCM Japan, has decided to terminate the offer of DailyFX Japan services to its clients. The service will no longer be available from December 18, 2015. Rakuten reiterates that its clients can make use of other market research & analysis…

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December 01, 2015 BY Maria Nikolova

SafeCharge's CFO Ali Khwaja resigns from Board

SafeCharge International Group Ltd (LON:SCH), the international provider of electronic payments services, technologies and risk management solutions to the online trading and gaming industry, today announced a set of Board changes. Ali Khwaja, Chief Financial Officer, has submitted his resignation from his position on the Board. Tim Mickley, former Chief Financial Officer and current Business…

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December 01, 2015 BY Maria Nikolova

Nadex issues advisory notice regarding third party services

North American Derivatives Exchange (Nadex), part of IG Group Holdings plc (LON:IGG), has addressed the issue of its Members making use of third party services to assist with their trading experience on the Exchange. Nadex says that in recent weeks it has received inquiries from various Members regarding the use of third party services such…

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December 01, 2015 BY Maria Nikolova

TFX registers 20.2% MoM drop in Forex volumes in November 2015

Tokyo Financial Exchange (TFX) has just posted its operating metrics for November 2015, with the numbers showing a continued decline in trading activity after slow September and October 2015. TFX saw Click 365 total trading volumes, that is, the volume of Exchange FX Margin contracts, amount to humble 2,431,472 contracts in November 2015. The result is…

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November 30, 2015 BY LeapRate Staff

EBS on Renminbi IMF vote: USDCNH is already a Top-3 currency pair with us

With the International Monetary Fund (IMF) today formally voting to include China's currency in its benchmark SDR currency basket, effective next October, we are pleased to share with LeapRate readers the views expressed by Darryl Hooker, Global Co-Head of EBS BrokerTec, the electronic FX trading arm of interdealer broker ICAP plc (LON:IAP). Mr. Hooker notes: Today’s decision…

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November 30, 2015 BY Maria Nikolova

FIS finalizes acquisition of SunGard

Fidelity National Information Services (NYSE:FIS), provider of banking and payments technology, consulting and outsourcing solutions, today announced the completion of its acquisition of financial software and technology services company SunGard. The acquisition creates a combined entity with more than 55,000 employees and $9.3 billion in revenue on a pro-forma basis. In connection with the acquisition,…

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