Gerald Segal
LeapRate Analyst
April 16, 2013 BY Gerald Segal

Tradable announces strategic partnership with First Derivatives

Enables brokers to use the liquidity management and reporting tools of First Derivatives' Delta Suite product through the platform. Tradable -- which has developed the first app platform specifically for FX trading apps, has announced a strategic relationship with software provider First Derivatives. The new alliance will enable brokers to use the liquidity management and reporting tools…

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April 16, 2013 BY Gerald Segal

Retail FX brokers see best-ever day in years due to Gold crash

Unprecedented volatility in Gold, increased volatility in everything else traded leads to huge rampup in trading volumes. LeapRate Exclusive.... LeapRate has learned, in discussions with senior management at various FX brokers in different locations worldwide, that the past two trading days (Fri Apr 12 and Mon Apr 15) were in aggregate two of their best-ever…

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April 15, 2013 BY Gerald Segal

Hotspot FX Reports 12% decrease in March volumes

All the major Forex ECNs saw a down month, except FXall. Similar to what we've already seen at Forex ECNs EBS and Thomson Reuters, March volumes decreased somewhat at Knight Capital's Hotspot FX after a quick start to the year in January and February. Among the major ECNs only FXall -- holding flat at $110…

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April 15, 2013 BY Gerald Segal

LeapRate adds David Frank as Forex News Editor

David Frank joins LeapRate from AvaFX and Goldman Sachs. LeapRate is pleased to announce the hiring of David Frank as our new Forex News Editor. David will be responsible for all content creation at LeapRate, and for expanding our coverage of Forex industry related news and analysis. "We are fortunate to have someone of David's…

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April 12, 2013 BY Gerald Segal

Binary Options transactions on mobile soar

MarketsPulse reports that 30% of Binary trades in its system were on mobile apps in February, up four-fold from last year. It seems as if Binary traders really like their mobile devices. Binary platform provider MarketsPulse has reported that in February more than 30% of Binary Options trades among its clients were completed via mobile…

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April 12, 2013 BY Gerald Segal

CIOT EXPO China online trading conference tomorrow in Shenzhen

The leading annual FX and online trading Expo in China. A reminder to our readers, that the annual CIOT EXPO for 2013 will be taking place this weekend (Saturday and Sunday) in Shenzhen, China, at the Shenzhen Grand Theater. For more information on speakers and the agenda, or if you'd like to register for the…

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April 11, 2013 BY Gerald Segal

U.S. Retail FX client assets continue to slip in February

Biggest drop was at Interactive Brokers, which dropped 22%. U.S. Retail Forex client asset data for the month of February is now out, and there weren't really any big surprises: Overall, U.S. Retail Forex assets dropped 2% from January to $641.6 million, and are down 15% from last year as the U.S. retail FX sector…

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April 11, 2013 BY Gerald Segal

Bitcoin bubble bursts, Bitcoin prices crash back to earth

Bit4X on MetaTrader; Coinsetter raises $500K; but when will the Bitcoin hit the "mainstream" retail FX world? The online virtual currency Bitcoin went on a wild roller coaster ride the past 24 hours, rising to hit a value of $266 then falling to a low of $105, before settling (at the time of this writing)…

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April 10, 2013 BY Gerald Segal

Gain Capital adopts 'poison pill' defense against FXCM hostile takeover

The Gain Capital (Forex.com) board puts in place a controversial "Shareholder Rights Plan". Well this certainly didn't take long -- and should confirm to our readers what we wrote yesterday, namely that FXCM-Gain Capital friendly discussions had been going on behind the scenes for quite some time between FXCM and Gain Capital management, before breaking down,…

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