February 20, 2015 BY Maria Nikolova

JPMorgan takes its stake in Plus500 back down to 5.19%

Plus500 Ltd (LON:PLUS), the CFD broker famous for its efficient marketing and robust financial metrics, today published an announcement on some changes in shareholdings. According to the announcement, JPMorgan Chase & Co. (NYSE:JPM) sold 3,024,198 shares in the broker on February 19, 2015. This leaves the investment bank with 5,957,023 shares in Plus500, which is…

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February 20, 2015 BY Maria Nikolova

Dukascopy to set leverage on EUR pairs at 1:30 over the weekend

Switzerland-based retail Forex broker Dukascopy has announced it will introduce a specific leverage of 1:30 on all currency pairs with the euro (EUR) over the coming weekend. The new margin requirements become effective today (February 20, 2015) at 18:00 GMT, with the specific leverage to be removed after market opening on Sunday night. The broker…

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February 20, 2015 BY LeapRate Staff

FXCM Inc shares dip back below $2 as investors begin to lose faith

The change in the effective capital structure at FXCM Inc (NYSE:FXCM) following the $300 million lifeline it received last month from Leucadia National Corp (NYSE:LUK) has left the investment community somewhat unsure as to how to value FXCM going forward. That, as well as how the events of January 15 have affected FXCM's business prospects. Immediately…

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February 20, 2015 BY Andrew Saks-McLeod

State of Texas jails FX fraudster for 97 months

Kevin G. White pleaded guilty on Dec. 11, 2013, to committing mail fraud in connection with a commodity trading fraud scheme, and was sentenced to 97 months in federal prison on Wednesday by U.S. District Judge Marcia A. Crone. White was also ordered to pay restitution in the amount of $3,926,870

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February 19, 2015 BY Andrew Saks-McLeod

ICAP adds price displays for CHF single currency swaps to 2006 ISDA definitions

“The 2006 ISDA definitions are regarded as the primary source of third party reference data for the derivatives market. With a robust and compliant framework in place, we’re pleased to provide our market leading IRS data to the market. It will give market participants an insight into accurate trading flow and prices to inform their decision making and risk profile.” - Frits Vogels, Head of EMEA, Global Broking, ICAP

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