LeapRate Exclusive... LeapRate has learned that popular FX market analyst James Hughes has joined the London office of Australia based Retail FX broker AxiTrader. He will be serving as Chief Market Analyst for the UK and Europe for Axi. AxiTrader also has Sydney based analyst Greg McKenna in its home office. James Hughes was with GKFX…
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Forex ECN FastMatch has announced that individuals may now purchase FX Tape data from its website at a cost of €40 a month. Payment can be made by credit card. FastMatch launched its FX Tape service in September, as a new and innovative market data product that improves post-trade transparency in FX markets and allows market…
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FCA and CySEC regulated FX brokerage group Amana Capital has announced that, as a major addition to its services, it is adding the highly requested multi-asset trading platform MetaTrader 5 (MT5) to its suite of trading platforms. MT5 is the updated version of MetaQuotes Software's MetaTrader 4 (MT4) platform, widely regarded as the world’s most popular…
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Online trading and banking company Ally Financial Inc (NYSE: ALLY) has announced that Josh Wilsusen has joined the company as Managing Director for Public Policy and Government Affairs. As head of the company's Washington office, Wilsusen will oversee its public-policy strategy and direct its advocacy and outreach to executive, legislative, and other political bodies and officials…
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Claims that the German economy is overheating have been simmering for months now. FXTM’s Global Head of Currency Strategy and Market Research, Jameel Ahmad, discusses recent warnings by the German Council of Economic Experts that tough times could be on the cards for Germany. At the beginning of this year, fund managers looking to switch…
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Cryptocurrency liquidity provider B2C2 has announced the appointment of Peter Nielsen, Ruth Wandhöfer and Phil Weisberg to its advisory board. B2C2 is a leading cryptocurrency liquidity provider. Bridging the gap between traditional finance and cryptocurrency markets, the company is trusted by clients globally for its ability to provide seamless execution in 10+ local currencies. B2C2’s…
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Multi-asset execution and order management systems company FlexTrade has announced the rollout of an enhanced version of its multi-OMS aggregation functionality, an in-built feature of the FlexTRADER EMS, which allows users to merge and net orders across multiple OMSs regardless of the underlying version or implementation. According to Oliver Boatfield, EMEA Sales Director at FlexTrade UK: With…
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LeapRate Exclusive... LeapRate has learned that institutional boutique FX broker CrescoFX has successfully obtained a license from the FCA in the UK for its subsidiary Cresco Capital Markets (UK) Limited, with plans to expand both its institutional and Retail brokerage operations. The license was formally granted back on August 1, 2017. CrescoFX was established in…
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Bitcoin prices, on a tear lately, took a bit of a breather early Tuesday after word broke of a nearly $31 million heist at currency-backed cryptocurrency company Tether. Tether reported on its website (see full text of announcement below) that $30.95 million was improperly removed by hackers from the Tether treasury wallet, and sent to an…
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Australia financial regulator ASIC has obtained orders from the Supreme Court of Queensland appointing Mr. Michael McCann of Grant Thornton as a provisional liquidator to five companies within the Benchmark Private Wealth Group. These are: 1. Benchmark Private Wealth Pty Ltd; 2. Benchmark Wealth Property Services Pty Ltd; 3. Benchmark Private Wealth Holdings Pty Ltd;…
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