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 moreFXCM 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 moreStrictly controlled but much coveted Chinese yuan has been allowed a daily trading band of 2% by People's Bank of China With the entire retail FX industry concentrating a sizable effort on attempts to acquire Chinese clients as well as investigate methods of providing yuan trading facilities against other pairs, a glimmer of hope has…
Read moreJapan'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 moreBarclays, Citi and RBS have frozen bonuses across their FX trading teams, pending outcome of 4pm fix investigations. Temporary suspensions are one thing, but if you really want to hurt traders, take away their bonuses.... The Financial Times has reported that several leading global banks including Barclays (NYSE:BCS), Citi (NYSE:C) and Royal Bank of Scotland…
Read moreKCG Hotspot, the KCG Group's institutional ECN reported an ADV of $30.4 billion in February. American electronic trading stalwart KCG (NYSE:KCG) today released its monthly figures for the month of February 2014, in which the company has declared that within its market making enterprise, a daily average of $27.4 billion in volume was traded, along…
Read moreWidely 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 moreRomersa retired from FXCM before its 2010 IPO, but remains an important shareholder. LeapRate has learned, via filings made with the U.S. Securities and Exchange Commission (SEC), that former FXCM (NYSE:FXCM) senior executive Michael Romersa has sold about $8.8 million worth of his FXCM shares over the past several days. Romersa was Chief Dealer of…
Read moreCyprus' regulator urges investor caution regarding SiliconValley Markets and FXTTCM Cypriot financial markets regulator CySec has today published a warning to potential investors regarding a company operating in the name of SiliconValley Markets Ltd, stating that it the company does not hold the relevant CIF license which is required for firms offering retail FX accounts…
Read moreCalifornian financial technology company Match-Trade's recently launched turnkey matching engine solution for retail FX aims to reduce STP and bridge costs. LeapRate goes into detail with Match-Trade Managing Director Imran Firoz on how to operate efficiently A well worn adage among companies at the forefront of software development is that competition plus consumer demand creates…
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