FX brokerage group GAIN Capital Holdings, Inc. (NYSE: GCAP), which operates the FOREX.com and City Index retail forex brands, has announced its financial results for the second quarter of 2019. Key Financial Results for the Second Quarter 2019 include: GAAP net income of $0.9 million, or earnings of $0.02 per share GAAP net revenue of $75.5 million Adjusted net income…
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ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for July 26, 2019. See details below: FOREX Mario Draghi spoke yesterday at the end of the ECB’s policy committee meeting and the Euro recovered some of the losses recorded during previous sessions, when it had hit 26 months’ lows. Mr Draghi…
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LeapRate Exclusive... Automated regulatory compliance specialist muinmos has recently been selected to participate in the fifth cohort of the FCA’s Regulatory Sandbox. The Danish RegTech organisation uses Artificial Intelligence (AI) techniques to help financial institutions to categorise and validate regulatory compatibility for a range of financial products and services on a national and cross border basis. Remonda…
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All tsunamis, unfortunately, are a series of waves, not a single destructive wave that wreaks havoc and then quietly subsides. The same might be said metaphorically about the recent establishment attack over the past two weeks against Facebook and its Project Libra. A second wave is due, and it appears that Steven Mnuchin, the U.S.…
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Bitcoin just broke through $10,000, the third time this month, but it soon dipped below this psychological 5-digit barrier, which has turned formidable of late. As we noted in a previous article, the world’s favorite digital currency appears to be in consolidation mode, curiously forming its fifth stair step, since launching from $3,122 in late…
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The story of Venezuela and its affinity towards cryptocurrencies to save the economy is a very dynamic and interesting one. The President of Venezuela, Mr. Nicolas Maduro has embraced digital currencies as a way to fight back the plunging bolivar and the restrictive US sanctions imposed on the country. What has killed the economy, however,…
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The US uncertain regulatory environment may have forced Circle to move its exchange operations in Bermuda. Circle has obtained a digital asset license to operate in the less restrictive crypto country. In terms of the strategic move, this is what the Circle team said: While many governments around the world have not kept pace with…
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With a fleet of 195 aircrafts servicing over 500 routes, Norwegian Air is one of the giants in the air travel industry in Europe, and now the company will allow its passengers to buy their tickets with none other but Bitcoin. However, the air travel giant is not stopping here - according to Yahoo Finance…
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TradAir, a provider of institutional trading solutions for FX and Digital Assets, has just completed an $11M Series D round, led by new investors GF Investments and the family office of Harvey Golub, former Chairman and CEO of American Express. Over the last year, TradAir has delivered strong financial, product, and operational performance, including 45%…
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DriveWealth, LLC, a U.S. based global digital trading technology company, has just announced that it has teamed up with Vested Finance, a U.S. registered investment adviser (RIA) serving the retail investor market in India. The DriveWealth platform is launching broadly today and aims to give individual investors in India seamless digital access to the U.S.…
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