Gain Capital (Forex.com) shares are now above where they were when FXCM made its bid to buy the company. U.S. FX broker Gain Capital has seen its shares steadily rise the past couple of weeks, with no new news out there, and this at a time when the overall equity markets have cooled off a…
Read moreAlpari Russia names its part-owner Andrey Dashin as Chairman, with an active role in management, despite his sole ownership of rival ForexTime. LeapRate Exclusive.... The relationship between global FX broker Alpari, and its former subsidiary ForexTime (also known as FXTM), has become even more complicated. It had seemed that the two co-founders of Alpari, Cyprus-based Andrey…
Read morexStore apps marketplace to give coders, brokers and third parties new tools to develop the X3 Open Hub technology. FX platform provider X Financial Technologies seems to be taking the opposite path than MetaQuotes, in making its technology more open to third party developers. The company today announced new open development initiatives for its X3 Open…
Read moreLondon Capital Group is first broker Joel Kruger's FirstMacro will link to. Former senior FXCM currency strategist Joel Kruger has gone freelance and has launched a new FX research portal called FirstMacro. The idea, in a nutshell, is to provide premium FX research services based on Joel's work, and to make money by enabling traders…
Read moreRetail FX brokerages continue to set records in May, yet Forex ECNs were mostly treading water. Continuing the mixed-results FX volumes trend for May we've seen so far at the CME Group (up 15%) and at ICAP EBS (down 2%), Thomson Reuters and its FXall unit each reported ho-hum FX volumes results for the month.…
Read moreFXTM introduces a swap rate free Over The Weekend account. Swap rates are one of those things both generally ignored and misunderstood in the Forex world. But they affect every trader who leaves positions open overnight, and can become very material for traders who often do so. Without expanding too much on the topic, swap…
Read moreIG sees strong performance globally, but especially out of Japan FX trading. IG Group, the UK's leading financial spreadbetting company, announced that in its Q4-2013 (for the quarter ended May 31, 2013 -- IG has a May year-end) revenues and activity were up nicely in double-digit percent across virtually all of its major regions. In…
Read moreMyfxbook tells MT4 copy trading clients to switch to 'EA mode' from 'auto update' mode. The different FX social network and copy trading platforms targeted by MetaQuotes for elimination from unauthorized access to MT4 servers have taken different approaches to the situation. On the one hand is Tradency, which announced that it will "cease operation with…
Read moreThis is the first time NYMEX Brent volumes surpassed 50,000 contracts at the CME. CME Group, which runs the world's largest derivatives marketplace, announced it has reached record volumes in NYMEX Brent trading, with 52,352 contracts trading hands last Friday June 7. This is the first time NYMEX Brent has surpassed 50,000 contracts. Additionally, open interest for…
Read moreBanc de Binary, one of a handful of CySEC-regulated binary options brokers, has been charged with taking US clients. LeapRate Exclusive.... Assuming the charges stick, it will be interesting to see if the EU regulators involved -- Cyprus' CySEC and the UK's FCA -- cooperate with the CFTC in the US, and enforce whatever penalties…
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