November 27, 2014 BY LeapRate Staff

Tal Zohar to join IG Group senior management

LeapRate Exclusive... LeapRate has learned that former FXCM executive Tal Zohar will be joining IG Group (LON:IGG) in a senior management role. Zohar will report to the Group CEO, Tim Howkins, and will lead several innovative projects in the fields of Customer Relations and advanced financial products. Zohar served for the last five years as CEO…

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November 27, 2014 BY Mike Fox

More FX bank traders in hot water...

As fines have been levied, now more probes and disciplinary actions for individual traders who were alleged to be part of FX manipulation scandals are getting under way, some of the latest include one trader from UBS Switzerland and well as BNY Mellon in London. Bloomberg is reporting that co-chief currency dealer Niall O’Riordan is…

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November 26, 2014 BY Mike Fox

Moscow Exchange to reduce fees for large FX trades

Starting December 1st 2014, Moscow Exchange will charge different fees for FX trades depending on the order size. Moscow Exchange Money Market Managing Director Igor Marich commented on the change: "Reduced fees for large block trades are aimed at increasing liquidity on the FX Market, improving the quality of the order book and reducing costs for brokers". Fees for spot trade orders…

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