Alpari Japan K.K., the Japanese subsidiary of Alpari UK, which is now under special administration, announced today the pending halt of its offering of Metatrader 4 (MT4) and Alpari Direct. The broker will stop supporting trading on the platforms from March 13, 2015. All clients are now instructed to get their trade reports and different…
Read moreLabour Party politician Ed Balls is planning to impose a heavy tax on bankers' bonuses should his party win the UK General Election in 2015. As a result, Rothschild is considering paying the 2014 bonus to its staff early, however if this proposed tax becomes a reality, how many bankers and traders will leave London?
Read moreA 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 news, sign up to our Daily Forex Industry Newsletter on the right. → Alpari/KPMG update | https://www.leaprate.com/eIj3B FXCM shares update | https://www.leaprate.com/F0ZiA US Retail Forex |…
Read more"As a result of current uncertainty surrounding the ongoing position of Greece in the euro zone, there is a chance of dislocation and highly illiquid conditions in the euro FX market" stated Barclays in a letter to clients of its BARX platform
Read moreThe restriction of the free movement of sovereign currency is often regarded as the preserve of non-free market economies with despotic governments. Denmark is now considering implementing capital control laws, representing the first Western nation to ever do so, with its central bank aiming to defend the Krone's peg against the Euro at all costs
Read moreLeapRate Exclusive… Upstart offshore retail forex brokerage OctaFX has new financial regulation pending
Read moreInterest by investment banks into Plus500 Ltd (LON:PLUS) is not losing its force, as Deutsche Bank AG (FRA:DBK) has just raised its shareholding in the CFD broker. According to data released on Friday, the investment bank bought 2,124,445 shares in the broker on February 18, 2015. This way, the total number of shares Deutsche Bank…
Read moreA press conference following Eurogroup talks has just concluded, with what was initially dubbed as meager speculation now officially confirmed – an accord has been reached among eurozone finance ministers to extend the rescue programme for indebted Greece. Christine Lagarde, managing director of the International Monetary Fund, commented on the terms of the agreement, shedding light on…
Read moreBGC Partners, Inc. (NASDAQ:BGCP), a global brokerage company servicing the financial and real estate markets, and GFI Group Inc. (NYSE:GFIG), a provider of trading technologies and support services to the global OTC and listed markets, today announced that they have reached an agreement on a tender offer of $6.10 per share. Under the terms of…
Read moreThe eurozone currency managed to recover some losses this evening amid reports that a preliminary agreement was reached during talks of Eurogroup members on a Greek deal. Bloomberg quoted a Greek government official saying that an agreement might have been reached today and the deal would see the Greek rescue program extended beyond the end of…
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