March 18, 2014 BY Andrew Saks-McLeod

ASIC Terminates AFS License Of FX Provider AIE Fiduciary

Australian financial markets regulator responds to application filed to terminate AFS license after concerns had been raised over license obligations The Australian Securities and Investments Commission (ASIC) has today announced that it has terminated the Australian Financial Services license of AIE Fiduciary Services, a company which provided financial product advice relating to securities, derivatives and…

Read more
March 17, 2014 BY Andrew Saks-McLeod

PFSOFT Forms Technology Partnership With ING Securities S.A.

Polish subsidiary of ING Group partners with PFSOFT to provide ING Protrader which includes desktop, iOS and Android versions FX and electronic trading technology provider PFSOFT has today announced the launch of ING Protrader, the result of a technology partnership between ING Securities and PFSOFT. This particular partnership brings PFSOFT's enterprise technology solution, including its…

Read more
March 17, 2014 BY Andrew Saks-McLeod

As FCA Considers Regulation Of Social Trading Platforms, Are PAMMs Next?

Social trading innovators share perspective On MAM accounts following regulatory considerations by FCA Further to last week's revelation by Britain's Financial Conduct Authority (FCA) regarding its intention to set forth a regulatory structure for copy trading and social trading platforms, deeming them investment managers, the question remains as to whether this framework will apply to…

Read more
March 17, 2014 BY Gerald Segal

LeapRate Meets... Leverate's China seminars and strategy

Leverate Head of Marketing Remy Rosenbaum discusses strategy for forex broker seminars in Shanghai and Beijing, binary options, social trading, and more... LeapRate Meets is a series of interviews with interesting personalities in the forex world. If you would like to suggest an interviewee or topic, or if you would like to be interviewed, please contact…

Read more
March 17, 2014 BY Andrew Saks-McLeod

FXCM Completes Transaction Surrounding HFT Firm Infinium Capital Ahead Of Note Maturity

FXCM concludes transaction relating to ailing HFT firm Infinium Capital five months after acquiring $12 million note from investors, and launches joint venture firm V3 Markets FXCM has announced the completion of its purchase of selected assets of Chicago-based high-frequency trading company Infinium Capital Back in October 2013, LeapRate reported that investors in Infinium Capital…

Read more
March 17, 2014 BY Andrew Saks-McLeod

Japan To Emulate Hong Kong and Singapore? National Regulator Has Great Expectations

Japan's Financial Services Agency releases comprehensive white paper on methods of regenerating the nation's ailing economy, envisaging Tokyo as a market hub for cross-currency trading Despite the Japanese investing public's continual appetite for FX trading which has placed the country's large domestic retail FX firms at the very top of the worldwide market share table…

Read more
March 14, 2014 BY Andrew Saks-McLeod

FXStreet Gets Distribution Deal In China With m-FINANCE

Widely recognized FX news and information source gains distribution channel into the much-vaunted Chinese market The allure of the mystic orient has been a subject of senior level discussion among executives across global FX firms over recent years. With a willing and investment-savvy population, booming economy and very stringent controls on the legality of overseas…

Read more