RoboForex, the Belize-based unit of the Retail FX brokerage group, has announced that it is today adding EOS, a cryptocurrency which is now available for trading with the broker on both MT4 and MT5 platforms. Currently, RoboForex clients have 7 crypto instruments to choose from. RoboForex keeps expanding its crypto portfolio. The latest addition is…
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Binary options platform and broker turned Blockchain company TechFinancials Inc (LON:TECH) has announced that it has applied for admission of its entire issued share capital of 84,980,979 fully paid ordinary shares to trading on the NEX Exchange Growth Market. Admission is expected to take place on or around August 8, 2018. The company said that it…
Read moreThe UK’s leading wealth management and financial advice association PIMFA has issued a notice which raises its concerns on the potential impacts of a ‘no-deal’ Brexit, and how it will affect both private investors as well as PIMFA’s member firms. PIMFA is the leading trade association for firms that provide investment management and financial advice to…
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LeapRate Exclusive... LeapRate has learned that FX liquidity and prime brokerage services provider IS Prime, part of ISAM Capital Markets, has embarked on a campaign which is seeing it offer negative balance guarantees to Retail FX brokers, on a case by case basis. The FCA regulated Prime of Prime brokerage has apparently developed this offering following requests…
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LeapRate Exclusive Interview... In our continuing series of discussions and interviews with leading figures in the Retail and Institutional FX trading scene ahead of pending ESMA rule changes (now just a week away!), we're pleased to speak today with Hayel Abu-Hamdan, Director and COO of London based Hantec Markets. What is Hantec Markets's approach to…
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Online gaming and financial trading systems provider Playtech PLC (LON:PTEC) has announced that Susan Ball will join the Company's Board as a Non-Executive Director, effective August 1, 2018. Susan Ball is a Chartered Accountant with over 35 years' senior finance and board level experience in the gambling, leisure and consumer industries, with a focus in…
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UK online trading leader IG Group Holdings plc (LON:IGG) has reported its financial results for 2018 (IG has a May 31 fiscal year end), sporting record revenues and profits - but indicating that results will likely be lower in 2019 due to the CFD leverage caps being instituted by ESMA, scheduled to come into effect…
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Electronic market maker XTX Markets Limited has released its financial results for 2017, indicating significant growth in revenues although profits remained flat. XTX, which is controlled by founder and co-CEO Alex Gerko, reported that Revenues for 2017 rose by 17% from the previous year, £154.6 million (USD$ 203 million) versus £131.9 million. The company earned…
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FX liquidity provider CFH Clearing, part of the TradeTech Group financial unit of Playtech PLC (LON:PTEC), has announced that it has integrated PrimeXM’s XCore technology in London (LD4) and Tokyo (TY3). The company stated that this development gives CFH the market-leading ability to provide local liquidity to brokers and clients in both data centres. The integration…
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With cryptocurrency investment scams rising to become the #2 item leading to fraud related losses for investors, Australia's consumer watchdog ACCC (Australian Competition & Consumer Commission) has issued its Scamwatch updated figures for the first half of 2018, indicating a troubling rise in investment scams. Scamwatch said it is warning the Australian community to be…
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