The new scheme raised more than $2 million from at least 90 customers who wanted to invest in off-exchange foreign currency
Read moreWe reported last week that Hong Kong based retail FX broker KVB Kunlun (HKG:8077) had issued a profit warning for Q1, blaming an expected loss on reduced market volatility, a rampup in marketing expenses during Q1, and expenses related to the grant of share options to senior KVB employees. KVB at the time didn't give any specific numbers as to the size…
Read moreExchange traded FX is going from strength to strength worldwide this year as Moscow Exchange reports 18.6 trillion rubles in April 2014, whereas other asset classes take a downward direction, however volumes dipped compared with March this year.
Read moreBTC Global CEO Mauro Betschart waxes lyrical on the future of Bitcoin post MtGox in this week's LeapRate guest editorial
Read moreGlobal network of exchanges and clearing houses IntercontinentalExchange Group (NYSE: ICE) has today reported exchange traded volumes for April 2014
Read more[youtube https://www.youtube.com/watch?v=olwtZu8dhn4&w=560&h=315]
Read moreMonthly volume is down at Saxo Bank for April to $213bn from $239bn in March, a 10.8% drop. Average daily volume also fell to 10.2 (USD bn) per day, from 11.4 (USD bn) in March. This has been the weakest month in terms of volume year to date for many brokerages and exchanges across the…
Read moreCreditors are now claiming $2 million from a company which sold controversial currency trading software. This is up from the $300,000 which creditors were claiming last year. In August last year the FMA warned the public about doing business with the Auckland-based company and the regulator said Phoenix Forex was misrepresenting the profitability of, and…
Read moreThe BX8 binary options platform keeps pace with technological advancements with exclusive features aimed at increasing conversion. Leverate has today announced an update to its BX8 binary options trading platform, which comprises of new advanced settings aimed at boosting conversion and retention rates. An “anonymous trading” mode has now been added to encourage more users…
Read moreAustralia's MXT Global's latest senior executive appointment brings significant experience at senior level within financial institutions in Japan Australian financial services provider, MXT Global, has announced today the appointment of currency and commodities expert Reiji Onizawa to its Board of Directors. His official title will be as Managing Director with responsibilities in capital investments effective…
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