Ontario Securities Commission adds LBinary to Warning List LeapRate

November 04, 2015 BY Maria Nikolova

Ontario Securities Commission adds LBinary to Warning List

The financial markets watchdog of Canada's Ontario has earlier today updated its Warning List, with the latest addition being Chelestra Limited, operating as LBinary. Chelestra, which gives an address in Gibraltar, offers a raft of binary options trading services via Lbinary (lbinary.com). The Ontario Securities Commission (OSC) warns that Chelestra/LBinary is not registered in Ontario,…

November 04, 2015 BY Maria Nikolova

RoboForex implements changes to social trading network CopyFX

Retail Forex broker RoboForex has implemented changes to the rules about the types of accounts that traders and investors using social trading network CopyFX can open. The changes have been in force since November 3, 2015 – from that day, traders, that is, those whose trades are copied, cannot use cent accounts. These will be…

November 04, 2015 BY Maria Nikolova

EXNESS registers Forex volumes of $201.1B in Oct 2015, up 3.4% MoM

Retail Forex broker EXNESS, remaining true to its reputation of a proponent of transparency, has just published its key operating metrics for October 2015. In the face of the overall gloom that we have thus far witnessed when examining reports of Forex volumes for October, EXNESS reported a rise in Forex volumes in both annual…

November 04, 2015 BY Maria Nikolova

ICE sees Forex volumes shrink further in October 2015

Intercontinental Exchange Inc (NYSE:ICE), an international operator of exchanges and clearing houses, has just added its voice to the chorus of companies reporting lower trading volumes for October 2015. ICE registered steep decreases in Forex volumes in both annual and monthly terms. Average daily volumes for FX&Credit exchange-traded contracts amounted to 33,000 contracts in October…

November 04, 2015 BY Maria Nikolova

ICAP’s EBS daily volumes drop 6% MoM in October 2015

EBS, the electronic Forex brokerage division of ICAP plc (LON:IAP), has just published its monthly metrics for October 2015, adding to the overall picture displayed by the Forex industry so far: volumes last month lagged behind levels seen in September 2015 and were also down from exceptionally successful October 2014. Average daily volumes at EBS amounted…

November 04, 2015 BY LeapRate Staff

GAIN Capital shares pop 9% after reporting good Q3 results

Looks like it was a good day all around for Gain Capital. After reporting fairly decent financial results Tuesday morning, shares of retail forex broker Gain Capital Holdings Inc (NYSE:GCAP) shot up 9% Tuesday to close at $8.25 - their highest level in about two months, and stemming what can best be described as a slow…

November 04, 2015 BY Maria Nikolova

TRADOLOGIC partners with Manila-based Silver Star Century Group

Binary options platform provider TRADOLOGIC has made another move towards expanding its network of partners in Asia. Today the company announced a partnership with Manila-based Silver Star Century Group Limited (SSCG), which has now officially extended its offering to include binary options. SSCG is known as a distinguished service provider in the areas of Gaming,…

November 04, 2015 BY Maria Nikolova

28E Capital launches MT5 on SAFEX

South African broker 28E Capital has officially launched the MetaTrader 5 (MT5) platform on the South Africa Futures Exchange (SAFEX). The launch has been made possible through the active participation of the official MetaQuotes' South African agent - Derivative System Technologies. 28E Capital clients are offered to trade ALSI (JSE Top 40 Index Future) and…

November 04, 2015 BY Maria Nikolova

Dubai regulator imposes $640,000 fine on ABN AMRO for AML deficiencies

The Dubai Financial Services Authority (DFSA) announced today that it has imposed a fine of US$ 640,000 (AED 2,350,720) on ABN AMRO Bank N.V. DIFC Branch (ABN) over deficiencies concerning anti-money laundering. DFSA has conducted an investigation which found that, over the period from January 1, 2013 to December 31, 2014, ABN violated a number…

November 04, 2015 BY Maria Nikolova

AFEX partners with Centtrip to offer CurrencyPass Prepaid MasterCard

Provider of global payment and risk management solutions AFEX today unveiled a partnership with prepaid card and e-money business Centtrip. The collaboration will see AFEX launch its CurrencyPass Prepaid MasterCard and e-money account. The service, available to AFEX’s corporate and SME clients, offers live market rates on 14 currencies in one account which can be…