EXNESS says business not significantly affected by CHF moves LeapRate

January 16, 2015 BY Maria Nikolova

EXNESS says business not significantly affected by CHF moves

Earlier today, international retail Forex broker EXNESS issued an announcement, explaining the consequences of the Swiss currency moves on the financial status of the company. Due to measures taken by the company regarding trading with all instruments featuring CHF, the business suffered a minimal impact from yesterday’s events: overall losses amounted to only 1.6% of EXNESS's…

January 16, 2015 BY Maria Nikolova

Trading in FXCM shares halted pending news

A quick note from the New York Stock Exchange where US retail FX giant FXCM (NYSE:FXCM) is listed. Trading in shares of the company was halted about an hour ago pending a news announcement. Shares in the FX broker were down as much as 88% after the press release stating the $225 million hit the…

January 16, 2015 BY Mike Fox

AvaTrade reports no material effect on the company from Swiss Franc volatility

AvaTrade reports it's financial position remains strong and reaches out to new prospective partners

January 16, 2015 BY Maria Nikolova

Swiss currency surprise brings new clients to Saxo Bank

Saxo Bank, the Danish based online multi-asset trading and investment specialist, is experiencing a fresh inflow of clients today in the aftermath of yesterday’s significant changes in the Swiss currency crosses. Steen Blaafalk, Global Head of Finance and Risk Operations, Saxo Bank A/S, said: “We have seen an increased number of new clients this morning…

January 16, 2015 BY Andrew Saks-McLeod

Business as usual for MahiFX despite Swiss franc movement

Australia's MahiFX reinforces the importance of segregated accounts and effective regulatory structures in circumstances when market volatility occurs as per yesterday's Swiss National Bank decision regarding the EUR/CHF pair, with the company carrying on business unaffected

January 16, 2015 BY LeapRate Staff

Interactive Brokers reports $120 million of negative client equity on Swiss Franc move

Online discount brokerage firm Interactive Brokers Group, Inc. (NASDAQ:IBKR) has reported that due to the sudden move in the value of the Swiss Franc ("CHF") yesterday, several of its customers suffered losses in excess of their deposit with the company. Such client debits amount to approximately $120 million, less than 2.5% of IBKR's net worth. Interactive Brokers shares were off…

January 16, 2015 BY LeapRate Staff

GAIN Capital - we made a profit yesterday

On a day when several of its rivals lost (a lot) of money or got by with a manageable amount of losses, Gain Capital Holdings Inc (NYSE:GCAP) has put out a statement that they actually turned a profit when all was said and done yesterday. We believe that Gain put the statement out to counter any…

January 16, 2015 BY Andrew Saks-McLeod

One Financial Markets unaffected by volatility in all markets linked to CHF

London's One Financial Markets has confirmed that business is carrying on as normal following a day of extremely high volatility in the pairs associated with the CHF

January 16, 2015 BY Andrew Saks-McLeod

BMFN confirms no client losses and full stability following Swiss black swan

"I am very pleased to be able to confirm, on one of the most volatile trading days ever to have existed, that BMFN did not suffer any damage from yesterday's Swiss National Bank intervention and we are stable, having turned a profit." - Luis Sanchez, CEO, BMFN

January 16, 2015 BY LeapRate Staff

Alpari Group - Alpari UK insolvency does not affect other Alpari brand companies

Alpari Group has put out a statement that the insolvency of Alpari UK, the FCA regulated arm of the Alpari Group, is separate and isolated from the rest of the Alpari Group. Other Alpari companies, including the flagship Alpari RU operation, are not affected by Alpari UK's closure. Alpari Group's statement follows - note the…