We haven't gone back to the events from January 15, 2015, recently but a National Futures Association (NFA) complaint against US Forex broker IBFX, part of Monex Group, Inc. (TYO:8698), has just refreshed our memory of that moment and the consequences it had for numerous Forex brokers. In a complaint, dated November 2, 2015, the…
Read moreThe Bank of Russia Board of Directors will consider a cut to key interest rates during one of its next three meetings, Elvira Nabiullina, Governor of Russia's top financial regulator, has told media representatives. On October 30, 2015, the Bank of Russia kept the key interest rates unchanged at 11.0% per annum, referring once again to…
Read moreLeapRate Exclusive... LeapRate has learned that once-regulated binary options broker Cedar Finance has shut down its operations. The Cedar Finance website at www.cedarfinance.com is now down as well. And gone offline are two sister binary options brands of Cedar Finance, Regal Options (www.regaloptions.com) and Brokerage Capital (www.brokeragecapital.com). Each of Cedar, Regal, and Brokerage Capital were operating brands…
Read moreThe reshuffle at the management ranks of Monex Inc, a subsidiary of online trading services provider Monex Group, Inc. (TYO:8698), keeps gathering pace... Monex Inc has earlier today announced that Keiji Okamoto, currently Executive Director at the Forex broker, will assume the roles of Executive Director, General Manager, Investment Services Department. The change is effective…
Read moreGMO Click Holdings Inc (TYO:7177), the parent company of Japanese online trading giant GMO Click Securities, has just posted its revenues data for October 2015. After a very robust September, today's data revealed a steep month-on-month drop in revenues at the company. GMO Click reported operating revenues of JPY 2.2 billion (US$17.9 million) for October…
Read moreJapanese online trading company Invast Securities Co., Ltd. (TYO:8709) earlier today published its financial metrics for October 2015, with the numbers displaying a continued month-on-month drop in revenues. On the brighter side, the broker managed to report a slight rise in the amount of client deposits. Invast said its operating revenues for October 2015 amounted…
Read moreA follow-up to LeapRate's article from earlier this week about MetaTrader 4 build 910... The new build of the popular trading platform was released on Thursday, November 12th, offering a set of fixes and enhancements, including ones to Code Base and the interface for Windows 10. Below is a list of the improvements. Code Base Downloading…
Read moreQuadriga Fintech Solutions Corp., provider of various technological solutions to the virtual currency space, has announced the launch of a Research & Development lab for Blockchain technology. The lab will be the first of its kind in Canada. Its first project will be the development of a platform with two main functions: handling the onboarding…
Read moreASIC states the company now rectified its 'cash and cash equivalents' arrangements to comply with its financial resource requirements. The Austrailian Securities and Investments Commission (ASIC) yesterday notified the investing public following ASIC's concerns regarding licensed retail FX provider Ingot Brokers. ASIC found Ingot was in breach of the financial requirements of its Australian financial services licence (AFSL) as a…
Read moreInternational derivatives marketplace CME Group Inc (NASDAQ:CME) has announced extensions to employment agreements with Executive Chairman and President Terry Duffy and CEO Phupinder Gill. Mr Duffy's agreement is extended through December 31, 2020, and the agreement with Mr Gill is extended through December 31, 2019. Mr Duffy has served as CME Group's Executive Chairman and…
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