May 17, 2013 BY Gerald Segal

Spotware enhances cTrader cloud solution with a focus on Asia

Spotware Systems announces the use of 3 synchronous clouds for their cTrader Product Suite. Spotware Systems announced that they have implemented the latest in cloud technology for their ECN / NDD cTrader product suite, with 3 different cloud solutions -- a Hardware Cloud, Connectivity Cloud and Application Cloud, that work together to provide a ultra-usability…

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May 17, 2013 BY Gerald Segal

Liquid Markets dumps bonuses in favor of 5% interest

Interest on client funds will be paid in a staged way – the more you trade, the more you make. The marketing team at Liquid Markets (formerly Tadawul FX) in Cyprus have come up with an interesting new twist on client bonuses and incentives to trade, all wrapped into one. Liquid Markets circulated a marketing…

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May 17, 2013 BY Gerald Segal

Gain Capital reports strong April FX trading volumes

Gain Capital's second best month ever in terms of total FX trading volumes. Similar to what we've already seen at leading global FX brokers Saxo Bank, FXCM, Alpari, and GMO Click, Gain Capital (which as we reported earlier is now beginning to report monthly volumes) also registered solid numbers in April 2013. Retail volume came in at $145.8 billion, up 4%…

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May 17, 2013 BY Gerald Segal

Saxo Bank introduces Trade Navigator on TradingFloor.com

Saxo Bank to amalgamate technical trading signals through Trade Navigator on its TradingFloor.com FX Research site. As first reported by ForexBrokerz.com.... Saxo Bank, a member of LeapRate's Approved List of global regulated FX brokers, has launched Trade Navigator on TradingFloor.com. This is a new online trading tool that provides daily technical insight into around 200 instruments. By combining…

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May 16, 2013 BY Gerald Segal

BitPay raises $2M VC round, even as Bitcoin comes under fire

Founders Fund, run by PayPal co-founder Peter Thiel, leads venture financing round for Bitcoin PSP company BitPay. Payment Service Provider (PSP) company BitPay, which bills itself as "the world leader in Bitcoin business solutions", has announced that it has raised a further $2 million financing round led by venture capital investor Founders Fund. It sounds…

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May 16, 2013 BY Gerald Segal

CME Group reports record volumes for Oil spread trading

Record setting volume numbers continue to hit global markets from FX to Commodities. Record volumes in 2013 for Gold trading, Forex trading, and now Oil trading....  CME Group, which runs the world's largest derivatives marketplace, announced it has reached record volumes (open interest) for Brent-WTI spread options. The CME saw 126,675 contracts traded yesterday (May…

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May 16, 2013 BY Gerald Segal

X Financial Solutions upgrades its API apps store, xStore

xStore updated with a new website with more apps for brokers and traders using X3 Open Hub. X Financial Solutions Limited, a leading technology provider to foreign exchange brokerages and banks, announced an update of its open API apps store, xStore. The site was updated with a new website and new applications. xStore provides an open…

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May 16, 2013 BY Gerald Segal

US Department of Homeland Security seizes assets associated with Mt. Gox

 Assets in an unlicensed money transferring business associated with Mt. Gox seized. The US Department of Homeland Security (DHS) has frozen a mobile payments account associated with Bitcoin exchange Mt. Gox. This is part of an investigation announced on Tuesday. Dwolla is a mobile payment company based in Iowa. They have confirmed that they received a warrant…

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May 15, 2013 BY Gerald Segal

Saxo Bank volumes climb in March and April

March and April volume numbers continue to impress from Saxo Bank. LeapRate Exclusive.... LeapRate has learned that leading global FX broker Saxo Bank, a member of LeapRate's Approved List of regulated global FX firms, continued its strong start to 2013 through March and April. The details -- we had previously reported (also, exclusively) that in January ($427 billion)…

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