March 17, 2016 BY LeapRate Staff

Gain Capital shares drop 7%, set new 52 week low

Retail Forex broker Gain Capital Holdings Inc (NYSE:GCAP), parent of the Forex.com and City Index brands, saw its share price drop a further 7% on Wednesday to close at $6.68, its lowest closing price since January. During the trading day Gain shares actually dropped as low as $6.15 - down 14% on the day - before…

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March 15, 2016 BY LeapRate Staff

LMAX Exchange survey: Is the FX market transparent and fair?

LeapRate Exclusive Interview... The past year has seen its fair share of problems and scandals in both the retail and institutional arms of the FX market. The Swiss Franc spike. Last look abuse. Chat room collusion. Have we all learned something? Are things changing (for the better)? Do we feel more confident about our FX…

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March 15, 2016 BY LeapRate Staff

Markit launches FX trade affirmation service

Markit Ltd (NASDAQ: MRKT), a leading global provider of financial information services, today announced the launch of a new service that enables banks to affirm FX trades executed by inter dealer brokers.  Seven inter dealer brokers and eight banks have signed to use the service, which expands Markit’s centralised solutions for the FX market. Affirming…

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March 15, 2016 BY LeapRate Staff

7 attributes of successful salespeople

This article was written by Yael Warman, Content Manager at Leverate. Yael is a creative writer with a strong background in marketing and advertising. Yael has been a writer for over 10 years and has worked for clients in various industries as well as her own companies. Forex sales can be an extremely lucrative profession.…

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March 14, 2016 BY LeapRate Staff

IBFX / TradeStation Forex gets $1 million CFTC fine for capital violations

The U.S. Commodity Futures Trading Commission (CFTC) today issued an order filing and simultaneously settling charges against Plantation, Florida-based IBFX, Inc. (IBFX), formerly known as TradeStation Forex, Inc. IBFX is a wholly owned subsidiary of TradeStation Group, Inc. and a CFTC-registered Retail Foreign Exchange Dealer (RFED). The CFTC order requires IBFX to pay a $1…

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March 14, 2016 BY LeapRate Staff

SpotOption's Spot+ and the importance of automated brokerage solutions

LeapRate Exclusive Interview... The issue of Automation seems to be coming up a lot more lately in the lexicon of Forex and Binary Options brokers. Following the lead of brokers (such as Plus500) which have been very successful at automating their operations - including everything from customer acquisition to retention - we have been witnessing…

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