July 12, 2016 BY LeapRate Staff
What’s your Brexit strategy?
What should regulated financial institutions in the UK be doing to protect their EU business post Brexit?
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July 12, 2016 BY LeapRate Staff
Investing 2016 H2 Post-Brexit Outlook by IG: Bitcoin, Large Caps, Flight to Yield
Chris Beauchamp, Head of Market Analysis at IG Group Holdings plc (LON:IGG), and Josh Mahony, Market Analyst, give their outlook for global markets as we head into the second half of 2016 in a very interesting and uncertain post-Brexit market environment. More of IG's market research can be seen here. [divide] The UK’s decision to leave the EU…
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July 12, 2016 BY LeapRate Staff
London: still THE city, not A city
The City has always been a ‘thriver’, as times change, it relishes uncertainty, turmoil, and dissention.
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July 11, 2016 BY LeapRate Staff
FXCM sees June Retail Forex trading volumes lowest since early 2015 at $275 billion
Going against a trend we have seen from most retail and institutional eFX trading venues, June Retail Forex volumes at FXCM Inc (NYSE:FXCM) were down 2% MoM at $275 billion. Brexit-driven volatility in the currency markets drove trading volumes higher in virtually every FX broker and institutional platform which reported so far for June, but not FXCM.…
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July 11, 2016 BY LeapRate Staff
Fiserv names New York Life President John Kim to its Board of Directors
Payments and processing technologies and solutions provider Fiserv Inc (NASDAQ:FISV) has announced the appointment of John Kim to its board of directors. John Kim is president of New York Life Insurance Company, the largest mutual life insurance company in America. He is responsible for all business units of the company, including oversight for a more than $1…
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July 11, 2016 BY LeapRate Staff
US Retail Forex assets rise 5% in May as FXCM, Forex.com and Oanda gain
CFTC data from US retail forex brokers is out for May, showing a surprising across-the-board pickup in activity at the leading brokers in the country. Overall, forex assets rose 5% to $516.2 million in May, after April saw the industry total fall below $500 million for the first time in several years. Each of the…
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July 11, 2016 BY LeapRate Staff
Forex Week in Focus, July 11: Bank of Canada, Bank of England meeting, China data
The following article is based on research by Marshall Gittler, Head of Investment Research for FXPRIMUS. [divide] Usually the week following the nonfarm payrolls is rather quiet, but this week we have several important events that are likely to move the FX market. Britain is of course at the center of the market, as is…
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July 11, 2016 BY LeapRate Staff
Taking the training wheels off your Forex demo account
For new traders, or even experienced ones used to dealing with a designated broker, the access to a demo account cannot be underestimated.
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July 11, 2016 BY LeapRate Staff
Myfxbook allows its CySEC CIF license to lapse
Cyprus financial regulator CySEC has announced that the CIF license of social trading site Myfxbook.com has lapsed (CIF # 255/14). Myfxbook had originally received a CIF license back in late 2014, when it was becoming apparent that European regulators were going to crack down on unlicensed social, copy, and autotrading websites, as well as 'trading…
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July 11, 2016 BY LeapRate Staff
JP Morgan sells remaining stake in SafeCharge as SCH shares continue downward
LeapRate Exclusive… LeapRate has learned from regulatory filings made by payments services and technologies provider SafeCharge International Group Ltd (LON:SCH) that global bank JPMorgan Chase & Co. (NYSE:JPM) has sold its remaining stake in the company (or, down to what SafeCharge called 'no longer a notifiable interest in the company'). JPMorgan had taken a 7.43% stake in SafeCharge late…
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