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Home › Archives for Andrew Saks-McLeod › Page 171

Andrew Saks-McLeod
LeapRate Analyst
October 30, 2014 BY Andrew Saks-McLeod

KCG ends third quarter of financial year in the red with net loss of $9.6 million, evaluates future of successful Hotspot

Despite an overall loss across all operations, KCG's FX ECN, Hotspot, benefitted from a 15% QoQ rise in overall notional foreign exchange dollar volume showing that the firm's long-term approach by holding onto the FX platform was a worthwhile exercise. Could KCG sell Hotspot in future?

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October 30, 2014 BY Andrew Saks-McLeod

The gaming vs trading conundrum resurfaces as TRADOLOGIC platform goes live with SBOBET

SBOBET onboards TRADOLOGIC's binary options trading platform in order to add binary options to its existing range of gaming products

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October 30, 2014 BY Andrew Saks-McLeod

RoboForex transfers clients to new operations in Belize

The retail FX client base of RoboForex will now be administered from Belize instead of New Zealand

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October 30, 2014 BY Andrew Saks-McLeod

Moscow Exchange revises margin ratio - 6% level one across USD, CNY and EUR

Moscow-based National Clearing Center, a subsidiary of Moscow Exchange, has made a decision to revise the margin ratio across three currencies

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October 30, 2014 BY Andrew Saks-McLeod

Post cost cutting-cutting plan, MONEX Group's net loss remains as Q2 financial results announced

MONEX Group's total operating revenue decreased by 22%; decreased by 31% in Japan, decreased by 3% in China and increased by 1% in the U.S during the second quarter of the financial year ending March 31, 2015

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October 30, 2014 BY Andrew Saks-McLeod

Barclays, HSBC RBS plan £1 billion provision in Q3 for settlement of FX rigging probe

In preparation for the announcement of third quarter results for 2014, three of London's banking giants set aside £1 billion for potential settlement with the FCA on FX rate manipulation

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October 30, 2014 BY Andrew Saks-McLeod

Forex fraud lands Singapore CFO 39 month jail term

Seven years after Singaporean marine engineering giant Sembcorp's long-standing CFO brought the company to near bankruptcy, he is committed to jail. LeapRate explains the full circumstances surrounding the effect caused by Wee Sing Guan's actions

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October 29, 2014 BY Andrew Saks-McLeod

Moscow Exchange to halt FX trading on BKTRUB_TOM from Nov 3, 2014

As of Monday November 3, MOEX participants will no longer be able to trade BTKRUB_TOM, a bi-currency basket, including the US dollar and the euro, but payable in ruble.

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October 29, 2014 BY Andrew Saks-McLeod

Digital ad giant Matomy expands with $18 million acquisition of Austria's MobFox

Following Matomy Media Group's public listing on the London Stock Exchange, the firm has acquired MobFox in order to gain its mobile programmatic advertising solution

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October 29, 2014 BY Andrew Saks-McLeod

GoCoin partners with Shopify to provide Bitcoin, Dogecoin and Litecoin merchant services

"We're always looking for new technologies that will help our merchants run their businesses and increase sales" - Louis Kearns, Product Director, Integrations, Shopify.

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