Saxo Bank starts the year on a high note, January volumes rise 15% M/M
Saxo Bank, the Danish retail Forex broker and bank, earlier today revealed a set of strong operating metrics for the first month of 2015, with average daily volumes rising on an annual and monthly basis. The average daily volumes (ADV) reached $14.4 billion in the first month of 2015, marking a rise of 15.2% against…
Read moreAlpari RU to discontinue demo support for MetaTrader 5 as of March 1
Alpari's Russian headquarters has today announced that it will cease to offer demo accounts on MetaTrader 5
Read moreNew Israeli forex regulations finally come into effect - Leaprate exclusively provides the full details
The minimum capital requirement to apply for a limited license under Israel's new rules will be 800,000 NIS – or about 200,000 USD. subject to heavy oversight by the Securities Authority. With 1.5 million NIS (380,000 USD) brokers will be allowed to acquire a full license, and the days of the b-book are numbered
Read moreIronFX promotes Stefanos Mitsi to CEO of UK operations
Having joined IronFX's London operations in 2013, former IG Group executive Stefanos Mitsi has assumed the position of CEO of Iron FX Global UK Ltd
Read moreForex Weekly Look Back: More details on Alpari and Liquid Markets bankruptcy emerge as FX trading innovation progresses
A look back at the most intriguing and popular Forex industry news stories from the past week at LeapRate. To make sure that you receive timely access to all LeapRate articles sign up to our Daily Forex Industry Newsletter on the right. → Forex Weekly Look Back: Week of February 2nd FXDD | https://www.leaprate.com/yQMZK AxiTrader CEO…
Read morePakistan broker and exchange become latest to integrate MetaTrader 5 platform
Metaquotes enters growing market in Pakistan through MT5/PMEX connectivity. Founded in 2011 and based out of Lahore; Enrichers Private Limited continues to expand by officially becoming the first MetaTrader 5 broker in Pakistan.
Read moreGain Capital to hold special shareholders meeting March 12 to approve terms of City Index acquisition
Three and a half months have now passed since LeapRate first reported that US FX giant Gain Capital Holdings Inc (NYSE:GCAP) had purchased City Index for $118 million. GAIN Capital has now announced via a filing with the US Securities and Exchange Comission (SEC) that it will hold a meeting on March 12 this year in…
Read moreLegal & General takes major stake in London Capital Group
Legal & General has increased its number of shares in London Capital Group to 14.57% as interest in the newly rejuvenated company continues
Read moreDukascopy cuts leverage on pairs with Danish krone to 1:10
Dukascopy Bank and its arm Dukascopy Europe will reduce the maximum leverage on currency pairs with the Danish krone to 1:10. The changes will be effective as of February 8, 2015 (Monday) and will affect positions with EUR/DKK (Euro vs Danish krone) and USD/DKK (US dollar vs Danish krone), the company said in an announcement.…
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