Provider of online payment solutions Optimal Payments Plc (LON:OPAY), which in August this year completed the $1.2 billion acquisition of Skrill, is widening its offering with the launch of a new product targeting high value customers. The company has announced the launch of its Net+ VIP Prepaid MasterCard®, an exclusive card available to its high…
Read moreRetail Forex and CFD broker FxPro Financial Services Limited (FxPro) today announced that it has obtained authorization by the South Africa Financial Services Board (FSB). The license ( no. 45052) allows the broker to operate as a Financial Service Provider in the country. The newly granted authorisation provides FxPro with the opportunity to further grow…
Read moreJapanese retail Forex broker Arena-FX is about to tighten margin requirements for trades with four pairs with the New Zealand dollar (NZD). The changes come into effect on November 2, 2015, and will affect owners of individual and institutional (corporate) accounts for all of the platforms that the broker offers to its clients, including Trading Station,…
Read moreHong Kong retail Forex broker KVB Kunlun Financial Group Ltd (HKG:8077) has earlier today published a profit warning for the nine-month period till September 30, 2015. The Board informs the shareholders that after a review of the corporate accounts for the first nine months of 2015, profits attributable to shareholders of the broker for the…
Read moreJapanese online trading services provider Monex Group, Inc. (TYO:8698) has earlier today reported its preliminary financial metrics for the second quarter and the first half of its fiscal year to the end of March 2016. The set of results is rather solid, especially when compared with the same period a year earlier when the company…
Read moreNew service to complement existing offering and capture bespoke derivatives business that would otherwise have been conducted OTC.
Read moreThe U.S. Commodity Futures Trading Commission (Commission) today issued order of exemptions from registration as a derivatives clearing organization (DCO) to Japan Securities Clearing Corporation (JSCC) and Korea Exchange, Inc. (KRX). The Commission issued this order based on its authority under Section 5b(h) of the Commodity Exchange Act. This provision permits the Commission to exempt…
Read moreThe UK Serious Fraud Office (SFO) has provided an update regarding its investigation into Global Forex Investments and Global Forestry Investments, fraudulent investment schemes that have led to multi-million losses for UK investors. The start of the criminal investigation was officially announced in February this year, when the SFO asked people who have invested funds…
Read moreLeapRate Exclusive... LeapRate has learned that FCA-regulated MT4 broker ActivTrades has been the latest Forex Industry victim of a hack attack. We had earlier reported that FXCM Inc (NYSE:FXCM) suffered a hit by hackers which saw client information compromised and even some wire transfers initiated (note that this did not occur in the ActivTrades hack, more…
Read moreIntercontinental Exchange Inc (NYSE:ICE), an international network of exchanges and clearing houses, has just announced that it has reached a definitive agreement to acquire financial market data provider Interactive Data Corporation (IDC). ICE is acquiring the company from technology investing firm Silver Lake and private equity firm Warburg Pincus. The deal is valued at approximately…
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