LeapRate is pleased to announce the addition of the two leading Swiss-based online Forex trading firms, MIG BANK (www.migbank.com) and Swissquote Bank (www.swissquote.ch), to our Approved List of online Forex firms. Both MIG BANK and Swissquote are fully licensed Swiss banks, regulated by the Swiss Financial Market Supervisory Authority (FINMA).“With Switzerland continuing to grow as…

In the aftermath of FXCM’s and Gain Capital’s successful IPOs last December, a number of other Forex firms (and their shareholders) have begun to look more closely at going public as well. While we understand that a number of other firms would like to go public soon – and are looking at stock markets including…

Details and analysis from one of the busiest weeks for major corporate activity in the online Forex industry:1) The Gain Capital (Forex.com) / dbFX / FXCM triangle. First, some background. Of the major Forex firms, FXCM is the one which relies the least on White Label clients (less than 3% of overall volumes) – possibly…

In its recently-announced results for the fourth quarter of 2010, Gain Capital (Forex.com) announced a healthy 29% increase in average monthly trading volume, at $157 billion per month in Q4 versus $122 billion in the first three quarters of the year.With such growth one would expect a nice rise in revenues. However, Gain Capital’s Q4…

An interesting news item surfaced on Bloomberg yesterday, quoting an article in Danish newspaper Borsen, that unnamed US private equity firms were close to buying a 33% stake in Saxo Bank for 5 billion DKK (approximately $975 million) – valuing Saxo Bank at nearly $3 billion!Specifically, the Borsen article reports that Saxo Bank shareholder General…