The New York based company makes (gradually) its beta platform open to the public The venture capital investors behind Coinsetter might be in for a small party. The forex trading platform based on Bitcoin has announced that it will be gradually opening its beta status to the public. Initially the process will roll out slowly…
Read moreOptionRally runs on the SpotOption platform. LeapRate has learned that binary options broker OptionRally has received its CySEC CIF license, making it now the seventh licensed binary options broker (list below). The license (CIF license # 220/13) was granted on November 7 to OptionRally's parent company Tifozi Investments Limited. OptionRally has had its run-ins with a…
Read moreStarting November 25 Alpari Russia will no longer support ZuluTrade. Alpari (Russia) has announced that they are breaking up with social and copy trading service provider ZuluTrade. All standard.zulutrade, ecn.zulutrade and ecn-new.zulutrade accounts at Alpari will be converted to MT4, tradable only through the MetaTrader 4 platform. Alpari clients who prefer automated trading will need, for the…
Read moreKCG Hotspot sees October volume metrics of $29.8 billion daily, up 4% from September. In October, we saw what we thought was an across the board decrease in institutional FX volumes: Thomson Reuters -12% FXall -5% EBS -5% CME Group (FX futures) -22% EBS and CME's figures were their lowest volumes reported in several years.…
Read moreFormer Boston Consulting Group Principal joins the company’s senior executive team One of the pioneers in the industry – the Canadian forex brokerage Oanda Corporation has appointed Mr. Vatsa Narasimha as Executive Vice President and Chief Strategy Officer. The company is seeking to continue its path of development and growth and created the new position…
Read morecTrader's ECN platform will soon integrate its own in-house copy trading capabilities. With competition increasing in the mirror and copy trading space, and alternatives to copy trading such as TickCOM's iSTRAT launching, comes word today that ECN platform provider Spotware is about to launch its own version of mirror trading on its cTrader platform. The…
Read moreSentenced to prison alongside his associates Robert J. Cannone and Francis Franco The US regulator CFTC has issued a statement announcing that it it obtained a court order against the principal of National Equity Holdings Thomas B. Breen for $1.75 mln, related to his fraudulent activities of solicitation, misappropriation of the firm’s customers’ funds and…
Read moreRussian based AForex the first brokerage to incorporate the joint solution Russian based FX brokerage AForex has announced the availability of leading copytrading platform MirrorTrader for live clients. Earlier in July, X Financial Solutions, the company behind the X Open Hub environment announced that it is teaming up with Tradency. As a result MirrorTrader will…
Read moreSkowronski had recently been promoted internally and moved from the US to head Alpari's non-Russia businesses out of London. We're sure there's more to this than initially meets the eye, but here is the text of Alpari's press release made today, on the resignation of Alpari UK CEO Daniel Skowronski, and his replacement by CMO/COO David…
Read moreWas FX benchmark manipulation the exception or the norm? Yesterday we bumped into a revealing article providing some more precise details about the foreign exchange manipulation investigations in the Financial Times called "Biggest banks face forex probe questions". As it turns out, according to the newspaper’s sources close to the forex probe, there are several forex…
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