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Home › Archives for Andrew Saks-McLeod › Page 114

Andrew Saks-McLeod
LeapRate Analyst
January 21, 2015 BY Andrew Saks-McLeod

Fixing the fix! Integral Development Corporation introduces execution service for accurate tracking of WM/Reuters rate

Integral Development Corporation, along with Russell Investments, have introduced RFX Network which is designed to help institutional investors including asset managers obtain currency exchange rates that seek to minimize tracking error with respect to the rates published by WM/Reuters.

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January 21, 2015 BY Andrew Saks-McLeod

Gain Capital COO Jeffrey Scott exercises 27,750 options, sells 39,750 shares pocketing net proceeds of $192,000

GAIN Capital COO Jeffrey Scott sold 39,750 shares at a total value of $330,211, as well as exercising options, for which he paid $137,850, generating net proceeds of $192,361

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January 21, 2015 BY Andrew Saks-McLeod

SafeCharge completes 2014 on high note, expects $24.5 million EBITDA

Payment provider SafeCharge has issued a trading update, stating that fourth quarter continued to be strong. As a result, the Company expects that adjusted EBITDA for the full year will be ahead of market expectations and at least US$24.5 million

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January 21, 2015 BY Andrew Saks-McLeod

Oiling the wheels! Goldman Sachs faces lawsuit for allegedly duping Colonel Gadaffi's officials

Wall Street giant Goldman Sachs faces a High Court lawsuit in Britain over a Libyan government wealth fund which lost £660 million and was funded by Libyan officials who were allegedly courted with luxurious parties, girls and overseas travel

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January 20, 2015 BY Andrew Saks-McLeod

Former Falcon Brokers executive Carla Skaf appointed Regional Sales Manager at Amana Capital

Carla Skaf has substantial sales experience in the retail FX sector, having held business development positions with Alpari, FXTM and Falcon Brokers. Concentrating on the Middle Eastern markets, she joins Amana Capital as Regional Sales Manager

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January 20, 2015 BY Andrew Saks-McLeod

Skrill begins lifting restrictions on Forex broker merchant accounts - LeapRate Exclusive

Following a temporary suspension of payment to certain FX brokerages at the end of last week resulting from the market volatility caused by the Swiss National Bank's removal of the 1.20 floor on EURCHF, Skrill has begun reinstating payments to brokerages

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January 20, 2015 BY Andrew Saks-McLeod

CLS collaborates with TriOptima to deliver new FX compression service

CLS and TriOptima are delivering a collaborative service to address several needs of market participants, including the regulatory requirement for financial counterparties to consider the use of a compression service for non-centrally cleared OTC derivatives if available

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January 20, 2015 BY Andrew Saks-McLeod

EXNESS reinstates CHF and RUB pair trading with higher margin requirements

EXNESS has reinstated trading with pairs which include the Swiss franc and Russian ruble, however the company has adopted conservative leverage limits

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January 20, 2015 BY Andrew Saks-McLeod

CME Group homes in on GFI, ups its offer to $5.85 per share

This new offer price represents more than an 88% premium above the closing price of $3.11 per share of GFI Group common stock on July 29, 2014, the last day of trading prior to the announcement of the CME transaction

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January 20, 2015 BY Andrew Saks-McLeod

Moscow Exchange undergoes internal audit for IOSCO benchmark principles on FX, equity and money markets

Moscow's increasingly pominent executing venue has been the subject of an internal audit , the results of which have been included in a report on principles for financial benchmarks

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