Breaking News: Shelbourne Markets acquisition revealed - ETX Capital seals deal
London-based spread betting company ETX Capital has purchased Ireland's Shelbourne Markets for an undisclosed sum, gaining 10,000 clients.
Read moreCaught between a rock and a hardplace - Western Union may succumb to competition from Bitcoin
If you can't beat them, join them. Western Union CEO Hikmet Ersek states that the company may add Bitcoin to its list of currencies if it becomes regulated.
Read moreUK's ActivTrades announces client accounts covered up to £500,000 excess of FSCS insurance
This product is totally new to the UK and no other broking entity outside of the UK is able to provide such extensive protection for such a broad spectrum of trading activity.
Read moreInstaForex adds Autochartist research and analytics
Russian FX broker InstaForex and Autochartist have teamed up to provide InstaForex’s clients with Autochartist’s research and analytics. InstaForex is an already feature rich broker for retail traders and adding Autochartist is a natural move to increase the traders tool box. The Autochartist service will be provided in multiple forms, including a web-based application, email…
Read moreAlpari's binary options go mobile!
Stalwart retail FX firm entered the binary options market late last year, offering different platforms to its Russian and UK client bases. Today, the firm expands the service to mobile platforms.
Read moreShelbourne Markets about to be acquired – LeapRate Exclusive
LeapRate has learned from industry sources that leading Dublin, Ireland based financial spreadbetting broker Shelbourne Markets is about to be acquired. Apparently Shelbourne has been holding sale discussions with a number of suitors, including a leading US-based forex brokerage, and several UK-based spreadbetting rivals. We understand that the likely buyer will be one of the…
Read moreLondon Stock Exchange becomes world's #2 player in Index business with Frank Russell acquisition
London Stock Exchange continues its program of high value mergers and acquistions, this time purchasing transatlantic company Frank Russell Co, which has $256 billion assets under management.
Read moreGhana set to launch it's first hedge fund through CFH Clearing
London-based CFH Clearing Ltd., will act as the start-up fund's prime broker
Read moreChina takes step to let market set foreign currency deposit rates
The removal of forex deposit rate caps represents a step towards liberalization of interest rates and will increase hopes for raising the cap on yuan deposits in coming months. It would pay some of the highest rates for savers in the world, but also increase borrowing costs.
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