The following guest post is one of a series courtesy of Marco Streng, CEO and Co-founder of Genesis Mining. [divide] In February of 2014, MtGox, the first and largest Bitcoin exchange, filed for bankruptcy. At the time of the bankruptcy it held over $400 million in client funds. At that time MtGox CEO Mark Karpeles declared that…
Read moreA short note on the proposed acquisition of Betfair Group Ltd (LON:BET) by Paddy Power plc... The companies today announced that the proposed deal will be put to vote on December 21, 2015. To become effective, the Scheme of arrangement of the deal will need to be approved at Betfair's Court Meeting and will require…
Read moreMauritius-registered Forex broker Alpari International Limited today announced the pending closure of nano.mt4 accounts, as the company seeks to optimize its product offering. From December 1, 2015, the opening of nano.mt4 and demo.nano.mt4 accounts will be unavailable. On December 4, 2015, at 23:59:59 EET, all positions left open on such accounts will be automatically closed…
Read moreCypriot financial regulator CySEC has released the first round of its findings following comprehensive reviews of the operations of a number of CySEC-regulated brokers in both the Forex and Binary arenas. CySEC's initial review has resulted in fines for a number of brokers, ranging from €123,000 up to €340,000. In addition to the fines, CySEC…
Read moreHong Kong's Securities and Futures Commission (SFC) has updated its Alert List, with the latest additions including Forex brokerage IQSFX. The company, offering its services via www.iqsfx.com, provides an address in Hong Kong, which is incomplete, the watchdog says. Furthermore, the name of the company resembles that of IQS Financial Limited, a business entity which…
Read moreShould the FCA treat small businesses more like 'regular' retail consumer in providing them protection in the financial services arena?
Read moreOne of the themes covered recently at LeapRate has been the increasing use of sports sponsorships as a branding and marketing tool in the online trading world. A number of leading European soccer clubs have Forex sponsors, including iconic clubs Manchester United, Atletico Madrid and Messi's Barcelona FC. Forex brokers sponsor other action sports such as…
Read moreThere is more news on the mergers and acquisitions front, as leading online trading services provider IG Group Holdings plc (LON:IGG) today announced the completion of the acquisition of InvestYourWay. InvestYourWay is a discretionary investment management service that enables creation of various solutions tailored to clients' needs. We had reported about a year ago that…
Read moreJapanese retail Forex broker AFT FX today announced its plans to stop offering trading on the Market Link platform from January 2016. From today, the broker will stop accepting new account applications for the service and from December 25, 2015, opening of new positions will no longer be available. Traders are asked to close all…
Read moreMetaQuotes Software Corp., the developer of the popular trading platforms MetaTrader 4 (MT4) and MetaTrader 5 (MT5) turns 15 today. The company notes that since their launch, the MetaTrader 4 and MetaTrader 5 trading platforms have come a long way, evolving from a tool for trading into an entire ecosystem offering a variety of services,…
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