After London Stock Exchange shareholders last week gave their nod of approval to the LSE's merger with Frankfurt-based Deutsche Borse, this week's vote by the other side of the transaction might be made a little bit easier. Deutsche Börse AG has announced that it is evaluating lowering the minimum acceptance threshold for the deal, technically…
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Canadian securities regulator the British Columbia Securities Commission (BCSC) has issued a warning to investors regarding binary options broker BigOption (at website bigoption.com), operated by Wirestech Limited. Most of warnings of this type involved unauthorized advertising to or contact with retail investors in Canada by unlicensed brokers, and this one is no different. According to the…
Read moreForex Industry News this week was again headlined by several stories seen exclusively on LeapRate (some of which were later copied on other blogs). There was definitely a UK focus to our coverage this week. LeapRate broke the news of FCA and ASIC regulated retail forex broker ThinkForex rebranding its operations to ThinkMarkets, including the launch of a…
Read moreLeapRate Exclusive… LeapRate has learned from regulatory filings made by payments services and technologies provider SafeCharge International Group Ltd (LON:SCH) that the company has recently bought back 500,000 of its own shares on the open market. The shares were purchased at an average price of £1.90, for a total cost to SafeCharge of £900,000 (before…
Read moreDiscipline, managing a healthy work-life balance, and progress tracking are just some of the secrets of successful traders.
Read moreOnline brokerage leader IG Group Holdings plc (LON:IGG) has filled the hole in its management ranks, created earlier this year when its longtime CFO Christopher Hill left the company to become CFO of investments and pension savings provider Hargreaves Lansdown PLC (LON:HL). Following Mr. Hill's departure IG had hired Deloitte partner (and head of Deloitte's Investment Management…
Read moreU.S.-based Bitcoin exchange Coinbase has apparently decided to end support for Canadian Dollar transfers in its system. It was less than a year ago when Coinbase expanded to Canada and decided to partner with Calgary-based payment processor Vogogo Inc (CVE:VGO) to provide transfers to CAD accounts. Coinbase's current decision comes among troubles at Vogogo. In mid June…
Read moreLeapRate Exclusive... LeapRate has learned that longtime ETX Capital executive Joe Rundle has resigned from the company. Rundle had been with the FCA-regulated ETX for more than 12 years, and along with ETX CEO Andrew Edwards was one of the few remaining employees at ETX dating back to before the company's takeover by an investor…
Read moreLeapRate Exclusive... LeapRate has learned via regulatory filings made by a subsidiary of Gain Capital Holdings Inc (NYSE:GCAP) that the company's long-serving regional director in the UK and COO of Gain Capital / Forex.com UK Matthew Wright has left the company. Mr. Wright's departure was effective June 30. The 44-year old Wright was one of…
Read moreCySEC regulated retail forex broker Exness has reported June volume metrics, indicating an 8% rise in FX trading volumes to $187.9 billion, up from $173.9 billion in May. The increase at Exness continues a trend we have seen at a number of leading retail and institutional eFX venues, with Brexit-driven volatility during June pushing trading…
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