As first reported last week at LeapRate, the Boston Technologies and Forexware merger became official on Friday. Still no word, however, from CFH and former BT co-founder Kevin Millien at to whether or not they will fight the merger, or if they are somehow participating in it. The following is the text of the official…
Read moreWith Build 670, MetaQuotes integrates virtual hosting and a higher level of functionality for users of electronic advisers, one of the main features which contributed to MetaTrader 4's popularity, as competition in the platform development sector escalates.
Read moreLeapRate Exclusive - LeapRate has learned that FX platform companies Boston Technologies and Forexware are about to merge, and will keep the Boston Technologies name - initially under the brand Boston Technologies Powered by Forexware . BT is owned primarily by CEO George Popescu and former BT co-founder Kevin Millien. LeapRate readers will recall that back in May…
Read moreSaxo Bank, Danish FX brokerage and investment bank has revised its latest FX volume metrics available for the public to see after not reporting for a month. They have now fixed and corrected some of their volume numbers as well... Metrics for total monthly volume in June now stands corrected at $228b, this is down…
Read moreAfter 117 years, the London silver fix is to change its entire modus operandi, and will be handled by Thomson Reuters and CME Group instead of via a conference call between major banks.
Read moreNews on the binary front as 24xp, which is a France focused broker under company name AMFF Ltd, is reporting to have achieved CIF status and become licensed and regulated by CySEC (Cyprus Securities and Exchange Commission). They are filed under license number 241/14 from July 1st. Competition is heating up in binaries as the industry continues…
Read moreDaily spot foreign exchange trading volumes on Thomson Reuters saw a rebound along with much of the industry from year-to-date lows of April. June ADV (average daily volumes) on Reuters Matching, Dealing and Trading for crept back to $94 billion an 8% increase from $87B a month earlier. Meanwhile, always interesting to report volumes on…
Read moreIn the course of their international expansion, the ayondo group announced today in a press release that it has opened an office in Singapore, the ayondo Asia PTE Ltd. Back in June, LeapRate reported on ayondo Group's re-branding to focus on social trading, which included new marketing campaigns to coincide with the World Cup. The…
Read moreEx-Saxo Bank FX technology experts Anton Hughes and Mikael Breinholst have launched Magick, allowing FX traders to initiate algorithmic trading strategies in just a few simple steps
Read more