LeapRate Exclusive... LeapRate has learned that FCA and ASIC regulated retail forex broker ThinkForex is about to rebrand its operations under the ThinkMarkets brand. The ThinkMarkets.com beta site has been live for about a week at www.thinkmarkets.com. We expect a formal announcement from the company in the near future. Alongside the new name, logo and…
Read moreInternational derivatives marketplace CME Group Inc (NASDAQ:CME) has announced the promotion of Young-Jin Chang to the role of Global Head of Metals Products. Reporting to Derek Sammann, Senior Managing Director, Global Head of Commodities & Options Products, Chang will be responsible for the strategic development, management and profitability of the global product suite, including both precious…
Read moreThe U.S. Commodity Futures Trading Commission (CFTC) today issued an Order filing and simultaneously settling charges against Barclays Bank PLC, a unit of Barclays PLC (LON:BARC), for failing to submit accurate large trader reports (LTRs) for physical commodity swap positions, in violation of Section 4s(f) of the Commodity Exchange Act (CEA) and CFTC Regulations 20.4,…
Read moreCyprus regulator CySEC celebrated its 20th anniversary yesterday with a special event held at the Presidential Palace in Nicosia. The event was attended and addressed by the President of the Republic, Mr. Nicos Anastasiades, the Minister of Finance, Mr. Harris Georgiades, and the Chair of the European Securities and Markets Authority (ESMA), Mr. Steven Maijoor, within the…
Read moreAs shares of Credit Suisse Group AG (VTX:CSGN) hit multi-year lows - dropping below CHF 10 in Swiss Exchange trading for the first time since early this century (their 2008 bank crisis lows were in the mid-20s) - IG Group Holdings plc (LON:IGG) market analyst Laurent Bakhtiari takes a look at what might be ahead for the…
Read moreAnyoption analyst Brett Chatz takes an interesting look at the very volatile GBPUSD 'Cable' trade, and what traders need to look for this week. For more of Brett’s research see the Anyoption blog. [divide] The sterling is poised to break through the critical support level of 1.30 this week…. It has been a tumultuous time…
Read moreContinuing the healthy-June-FX-volumes trend we have seen from a number of both retail and institutional eFX platforms, interdealer broker ICAP plc (LON:IAP) has reported that Forex volumes at its EBS subsidiary were up 29% MoM from May to average $97.4 billion per day in June. We'd note that May volumes at EBS were their lowest in…
Read moreMore good news for UK online broker London Capital Group Holdings plc (LON:LCG). After reporting in June that it had a strong start to 2016 and would be rid of all its debt as part of a £10 million capital injection and recapitalization of the company, LCG reported in a regulatory filing to the London Stock…
Read moreGarcia was also sentenced to 78 months in prison for his Ponzi scheme activities.
Read moreInteresting idea to build traffic - give away money. Well, at least in digital currency called Steem Dollars. Yesterday, a rapidly expanding social media site called Steemit (www.steemit.com) gave away digital currency worth approximately $1.3 million to its users. It wasn't a hoax or a stunt - it is all part of the plan for Steemit, a…
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