LeapRate Staff
LeapRate Analyst
June 13, 2016 BY LeapRate Staff

Bats expands in Europe with launch of 18 new UK focused stock indices

Kansas City based financial exchanges operator Bats Global Markets Inc (BATS:BATS) has announced that its European arm, Bats Europe, is launching a UK-focused benchmark index series. Bats will launch 18 different indices covering large to small cap securities and 12 industry sectors. The indices were developed in consultation with investors and index users, to offer a robust and…

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June 10, 2016 BY LeapRate Staff

How to build trust on a Forex broker website

Katya Yun, Head of Marketing at MT4 technologies provider Takeprofit Technology, takes a look at what Retail Forex brokers can and should do to build trust in their brands. Takeprofit’s products include A and B-book risk management solutions, the Klondike liquidity bridge, and the Ashira automated dealer anti-cheating defense. Takeprofit’s clients have included Forex brokerages and white-label…

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June 10, 2016 BY LeapRate Staff

FXCM shares drop 9% after weak May FX volumes reported

Retail forex broker FXCM Inc (NYSE:FXCM) saw its share price drop more than 9% on Thursday, after reporting weak May trading volume metrics. Institutional FX volumes dropped 33% MoM in May at FXCM to $50 billion, while all-important Retail FX volumes were off 2% from April, to $280 billion for the month. FXCM shares closed Thursday…

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June 10, 2016 BY LeapRate Staff

CySEC impersonators trying to scam money from investors

Cyprus financial regular CySEC has issued a warning regarding individuals impersonating CySEC officers, looking to trick investors into paying them money. Following up on an earlier similar warning we reported on at the end of last year, CySEC would like to inform investors and the general public that it has come to its attention that its logo,…

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June 10, 2016 BY LeapRate Staff

AxiTrader Chairman Goran Drapac on new CEO Rajesh Yohannan - who he's replacing, Goran's own new role...

Leading Australia-based retail forex broker AxiTrader quietly let it slip out that it has hired a new CEO, former OANDA Head of APAC Rajesh Yohannan (pictured at left). Yohannan will actually act as CEO of AxiTrader's parent company AxiCorp Financial Services Pty Ltd, which incorporates both its retail and institutional trading arms that operate mainly under the…

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June 09, 2016 BY LeapRate Staff

SEC pays second largest Whistleblower award to date at $17 million

The U.S. Securities and Exchange Commission today announced a whistleblower award of more than $17 million to a former company employee whose detailed tip substantially advanced the agency’s investigation and ultimate enforcement action. The award is the second-largest issued by the SEC since its whistleblower program began nearly five years ago. The SEC issued a…

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