February 26, 2015 BY LeapRate Staff
Where will KVB Kunlun shares trade on Friday?
KVB last traded on January 29 at HK$1.41 per share, well above the HK$0.65 offer CITIC intends to make to public shareholders.
Read more
February 26, 2015 BY Maria Nikolova
Alpari RU to reinstate minimum deposit requirements
Alpari RU, the retail Forex broker active in Russia and the Commonwealth of Independent States, today published a reminder to its clients that the promo-campaign removing the minimum deposit requirements for all sorts of trading accounts will soon come to an end. The “Easy Start” promo, launched on January 21, 2015, gave all clients of…
Read more
February 26, 2015 BY Andrew Saks-McLeod
CITIC Securities buys 60%, 1.2 billion shares in KVB Kunlun for HK$780 million
The sale of shares to CITIC Securities represents 60% of the 2,000,000,000 KVB shares in current issue of KVB Kunlun, with CITIC Securities providing an offer of HK$780,000,000 for the transaction
Read more
February 26, 2015 BY Andrew Saks-McLeod
GAIN Capital reports record Q4 results with revenue of $115 million and earnings of $18 million
GAIN Capital's final quarter of 2014 shows a vast increase in revenues over the last quarter of 2013, with a net revenue of $114.7 million, up 37%, and a net income of $17.6 million, up 309%. The full year figures, also announced today, paint a healthy picture for the firm
Read more
February 26, 2015 BY Andrew Saks-McLeod
Coinsetter aligns itself with Wall Street, launches on-blockchain settlement
Project High Line aims to solve the problem of having to place trust an exchange or intermediary. On-Blockchain Settlement is a shift from the status quo on Wall Street, allowing market participants to have full visibility behind trade settlement with tangible access to moving their assets 24/7
Read more
February 26, 2015 BY Andrew Saks-McLeod
Bullion Capital increases institutional membership of physical precious metals exchange to over 50
“The recent SNB events have been a catalyst for even more brokers to join Bullion Capital, keen to broaden their portfolio and increase their revenue streams. Of course, we are delighted with this surge in broker uptake and look forward to continued success in 2015, which is set to be an exceptional year for Bullion Capital with numerous exciting announcements in the coming months.” - Tom Coughlin, CEO, Bullion Capital
Read more
February 26, 2015 BY Andrew Saks-McLeod
The Great FX Liquidity Debate: CFH senior executives discuss how to succeed in emerging markets
CFH Clearing senior executive Nick Mortimer and CFH Systems' Regional Director Fernando Andrade speak candidly to LeapRate about the need to take FX liquidity and prime brokerage solutions to new and exciting markets, and, importantly, how to go about it successfully in terms of execution model, cost, and order flow management
Read more
February 26, 2015 BY Andrew Saks-McLeod
IMF ready to throw Ukraine a lifeline
The capital control laws which banned the vast majority of FX trading between banks in Ukraine were lifted just hours after implementation, and now the Ukraine awaits the the first disbursement under a $17.5 billion IMF bailout. The IMF has declared that it is ready to assist Ukraine with its foreign currency issues
Read more
February 26, 2015 BY Mike Fox
Quotix chooses Zing to optimize performance of its FX liquidity aggregation software
Quotix, a fintech company specializing in intelligent trade execution and management for the FX industry, has implemented Azul Systems’ Zing in order to eradicate Java garbage collection (GC) issues and latency outliers. Daniil Volkov, Quality Assurance Lead at Quotix explains: “Quotix regularly runs various tests to study system behaviour during high volatility and identify system…
Read more