April 19, 2016 BY LeapRate Staff

Tradeworks hires former OANDA trading coach and bestselling author Stuart McPhee - LeapRate Exclusive Interview

LeapRate Exclusive Interview... LeapRate has learned that Stuart McPhee has joined Copenhagen-based algo trading tools developer Tradeworks, which we earlier reported has just completed a $500,000 capital raise. McPhee is a fairly well known and recognized celebrity in the FX trading world. The trading expert and author of Trading in a Nutshell has spent most of the last…

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April 19, 2016 BY LeapRate Staff

Saxo Bank grows China presence with Wallstreet CN and LeanWork agreements

Retail forex broker Saxo Bank has taken a big step in growing its presence in mainland China, several months after the Copenhagen-based company first established an office in Shanghai. Saxo Bank announced today a tri-party agreement with Wallstreet CN and LeanWork. The users of Wallstreet CN, one of the most popular financial content providers in Greater China, will…

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April 19, 2016 BY LeapRate Staff

Deutsche Bank head of global FX Ahmet Arinc reportedly on leave

Bloomberg is reporting that global head of FX at Deutsche Bank AG (USA) (NYSE:DB), Ahmet Arinc, is on leave from the company, citing people with knowledge of the situation. Deutsche Bank is the only one of the major global banks which has not yet reached a settlement deal with the US Department of Justice regarding allegations that…

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April 18, 2016 BY LeapRate Staff

Israel court overturns algo trading ban at USG Capital

Some good news for Israel based retail forex brokers, or at least those who serve Israel based clients. Israel business newspaper Globes has reported that the Tel Aviv District Court has overturned a previous decision by the Israel Securities Authority (ISA), which had frozen retail forex broker USG Capital's algorithmic trading business on the grounds that it…

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April 18, 2016 BY LeapRate Staff

Understanding Financial Markets: Part 3

Anyoption analyst Elise Blanford takes an interesting look at explaining the inter-connectivity of global financial markets. For more of Elise’s research see the Anyoption blog. [divide] Oil Tanks & Bottoms Out Near $27 Before Upsurge Begins From well over $100 per barrel, the price of crude oil dropped to the upper $20 range by February…

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April 18, 2016 BY LeapRate Staff

AFX Capital launches QuanticAM Lab hedge fund incubation program

CySEC regulated retail forex broker AFX Capital is reporting that its Quantic wealth management unit is launching something called QuanticAM Lab. The lab's aim is to discover trading talent and leverage the existing Quantic infrastructure to allow money managers to grow their assets under management and succeed more rapidly. Quantic's head of sales Francois Nembrini told LeapRate: QuanticAM Lab is…

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