March 12, 2014 BY Gerald Segal

Leverate brings social trading to the Sirix Mobile HTML5 platform

Sirix allows social interaction and copy trading among clients of many brokers within the Sirix system. Leading forex platform provider Leverate has announced a significant upgrade to its Sirix social and copy trading platform, bringing social trading functionality to the Sirix Mobile HTML5 platform. This addition allows mobile traders to join the Sirix Social Community and…

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March 11, 2014 BY Gerald Segal

SafeCharge plans IPO, reveals financial info

Payment processor SafeCharge expects Revenue of $61 million in 2014, EBITDA of $18 million. IPO fever is in the air..... Israel business newspaper Globes reports that payment processor SafeCharge is going to pursue an IPO on the London Stock Exchange's AIM market. SafeCharge is owned 90% by online gaming software magnate Teddy Sagi of Playtech…

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March 10, 2014 BY Gerald Segal

SpotOption branches out, introduces Forex platform

The leading Binary Options platform provider aims to take binaries' simplicity to the Forex world. Binary options platform provider SpotOption has announced the introduction of a new product and market for the company -- Forex. We can't say we're surprised, as those who follow LeapRate know that we've recently seen leading forex platform providers such as…

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March 10, 2014 BY Gerald Segal

PFSOFT introduces a start-your-own-Bitcoin-exchange platform product

Protrader Exchange Solution provides all the needed components to launch and manage a crypto-currency exchange. Financial platform provider PFSOFT, maker of the Protrader multi-asset trading platform, has introduced a new product called Protrader Exchange Solution. Protrader Exchange Solution is an end-to-end commercial exchange solution available for crypto-currency and derivative trading. The new offering provides all the needed components…

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March 07, 2014 BY Gerald Segal

Russia FX regulation update – Putin wants Forex license

Original bill to be brought to the Duma spring session, special Forex license to be required. It has been nine months since the first reading of Russia's proposed new Forex law in the Duma, back in June 2013, but it does now seem as if the process is picking up steam. According to Russian self-regulatory…

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March 07, 2014 BY Gerald Segal

Bitcoin prices recover from Mt Gox bankruptcy

After last week's bankruptcy, Bitcoin prices have bounced back by 20%, traders keep pouring in. It is hard to keep a good cryptocurrency down.... Despite the problems which led to last week's Mt Gox bankruptcy, and with it the disappearance of about 5% of all outstanding Bitcoins, traders and investors have voted with their feet…

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March 06, 2014 BY Gerald Segal

FXCM reports flat revenues in Q4, February volumes down 11%

Full press release for FXCM's Q4 and full year 2013 results follows. Details and analysis to follow... The complete FXCM Q4 press release can be seen here. FXCM Inc. Announces Fourth Quarter 2013 and Full Year 2013 Results Record 2013 Revenues and EBITDA Releases February 2014 Monthly Operating Metrics Full-Year 2013 Highlights:• Full year U.S.…

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