LME Clear, the clearing house for the London Metal Exchange (LME) market, on Monday announced the successful rollout of two new services: trade compression and the ability to post metals warrants as collateral. The new trade-compression service enables members to cut the notional value of their positions and simplify their portfolio management. It also enables…
Read moreLeapRate Exclusive Interview... We had reported a few weeks ago about a very interesting partnership brewing in online trading, with some very well-known names in some new places. Specifically, former CMC Group CEO Roger Hynes and his new consulting firm Black Lake Financial have become engaged to help get off the ground a new trading app called SwipeStox,…
Read moreSocial investment expert eToro has boosted its offering for traders via the addition of 100 new instruments. The new instruments include Italian and Spanish stocks. The stocks represent various industries, including utilities, consumer goods and basic materials. eToro now also offers a variety of exchange traded funds (ETFs) drawn from different national markets. The list includes…
Read morePoor financial performance is taking its toll on Wall Street investment bank Morgan Stanley (NYSE:MS). As per LeapRate's earlier report, the bank posted a set of disappointing financial metrics for the third quarter of 2015, including a 42% decrease in fixed-income trading revenues. The poor trading results will cost hundreds of jobs at Morgan Stanley, with…
Read moreLeapRate has learned that Australia's leading retail forex broker AxiTrader has made a further investment in offering advanced charting and automated technical analysis tools to it client base, via an expanded partnership with Autochartist. AxiTrader has launched a new Autochartist MT4 Plugin, bringing Autochartist's market scanner directly to the MT4 platform, saving valuable time for traders by…
Read moreThe Dubai Gold & Commodities Exchange (DGCX) on Monday unveiled its plans to add a new type of contracts to its offering. The Exchange said it would introduce physically settled DGCX Spot Gold Contract for trading on the DGCX platform effective from Monday, December 14, 2015. The contract size for the new instruments (with contract…
Read moreBelize'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…
Read moreRetail forex broker Alpari is one of several in the sector which uses the enticement of interest to attract client deposits - and to encourage clients who do deposit to trade. In today's near-zero interest rate environment, getting interest on your inactive cash is indeed a major bonus. However at Alpari and the other forex…
Read moreCBOE 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…
Read moreRakuten 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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