GAA and Top Third will continue as separate brands, with their management teams in place. Forex broker Gain Capital (NYSE:GCAP), which runs the Forex.com and Gain GTX brands, has announced the acquisition of two companies which operate in the Futures space -- Global Asset Advisors ("GAA") and Top Third Ag Marketing ("Top Third"). Chicago-based GAA operates…
Read moreBritish financial markets regulator issues letter to companies offering copy trading services to retail FX clients, notifying intention to classify them as investment managers LeapRate Exclusive... It was only a matter of time before one of the world's most established financial markets regulators took the lead in investigating the possibility of producing specific regulatory guidelines…
Read moreFX settlement instructions down very slightly compared to January at CLS FX settlement company CLS held firm during February this year, with its value of trades having remained in excess of $5 trillion, congruent with its performance during the first month of the year. Whilst total daily volumes among post-trade settlement firms tends to vary…
Read moreAre Bitcoin's problems leading traders to other alternative digital currencies? Ireland-based retail forex broker AvaTrade has recently launched Litecoin trading for its clients, alongside Bitcoin trading. Despite the (somewhat) negative press digital currencies have received as of late, mainly around the bankruptcy of Bitcoin exchange Mt Gox and the disapearance of hundreds of millions of…
Read moreEXNESS has been one of the fastest growing forex brokers over the past 24 months. LeapRate is pleased to announce that we have added retail forex broker EXNESS to our Approved List of global regulated forex brokers. Founded in 2008, EXNESS is one many forex brokerages started at around that time, but one of just a…
Read moreAs window of opportunity continues to present itself, is it a good time to go public? US-based institutional market maker Virtu Financial has this week unveiled its intentions to raise approximately $100 million via its issuing of an initial public offering (IPO) which was filed with the Securities and Exchange Commission on Monday this week,…
Read moreFederal Reserve of New York Researcher Ernst Schaumburg Considers HFT Vital For Efficient FX Order Flow As the somewhat draconian steps being taken by the European Commission toward high frequency trading (HFT) continue to take shape, the viewpoint of senior officials across the pond denote a contrasting perspective. The New York Federal Reserve has released a…
Read moreSirix allows social interaction and copy trading among clients of many brokers within the Sirix system. Leading forex platform provider Leverate has announced a significant upgrade to its Sirix social and copy trading platform, bringing social trading functionality to the Sirix Mobile HTML5 platform. This addition allows mobile traders to join the Sirix Social Community and…
Read moreAmid the continually increasing value of deliverable FX firms, comparison site Kwanji goes live today Often, when interest in a specific area of the financial sector grows, many new ideas are spawned. As the wave of boardroom discussions within deliverable FX companies continues to center around high-value initial public offerings, a new company has sprung…
Read moreThe stratospheric sums which are being applied to IPOs within the deliverable FX sector are most certainly going in one direction - upwards Deliverable FX retailer Travelex has joined the ranks of many retail-orientated firms which provide direct deliverable service to an international client base, in setting its sights on a $1 billion initial public…
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