t4b mt5 trade processor
July 09, 2018 BY LeapRate Staff

Tools for Brokers releases MT5 Trade Processor for Crypto and Forex brokers

Brokerage technology solutions provider Tools For Brokers has announced their most recent new product release, MetaTrader 5 Trade Processor. This product provides Crypto and Forex trading capabilities in one IT solution. Trade Processor is a secure, multi-part modular system, which combines risk-free liquidity bridge and market making order pool. Albina Zhdanova, COO of Tools For…

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atfx london taxi ads
July 09, 2018 BY LeapRate Staff

Exclusive: ATFX UK adds compliance expert Julian Courtney to its Board of Directors

LeapRate Exclusive... LeapRate has learned that FCA regulated AT Global Markets (UK) Limited, which operates the ATFX online trading brand in the UK, has added Julian Courtney to its Board of Directors as a non-executive director. Mr. Courtney’s appointment is pending regulatory approval. He will have particular responsibility for providing oversight and independent advice to the…

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saxo bank banking circle sold eqt
July 09, 2018 BY LeapRate Staff

Saxo Bank sells Banking Circle to Swedish PE firm EQT

Copenhagen based Retail FX brokerage group Saxo Bank is continuing a radical makeover of the company and jettisoning of non-core assets, agreeing to sell its Banking Circle payments unit to Swedish private equity firm EQT partners. The parties did not disclose a price for the transaction. Prending regulatory approval, the sale is expected to close…

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saxo bank fx volumes
July 06, 2018 BY LeapRate Staff

Saxo Bank trading volumes down 6% in June to $380 billion

Continuing something of a slump for the Copenhagen based Retail FX broker, Saxo Bank has released data indicating that client FX and multi asset trading volumes in its system decreased by 6% during June, totaling $380 billion versus $405 billion in May. By contrast, Saxo Bank averaged volumes of $527 billion monthly in the first…

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Alexis Webster FXTM
July 06, 2018 BY LeapRate Staff

FXTM hires former FOREX.com executive Alexis Webster as CCO

FCA and CySEC licensed Retail FX brokerage group FXTM has announced the appointment of Alexis (Lex) Webster as the company's new Chief Commercial Officer. As CCO, Lex will be responsible for overseeing various functions within the company, including the Sales, Marketing, Market Research and Partnership Support departments. Lex is a well-known figure in the financial services…

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SFC fines
July 05, 2018 BY LeapRate Staff

Credit Suisse hit with $77 million in fines for FCPA violations

The U.S. Securities and Exchange Commission today announced that Credit Suisse Group AG will pay approximately $30 million to resolve SEC charges that it obtained investment banking business in the Asia-Pacific region by corruptly influencing foreign officials in violation of Foreign Corrupt Practices Act (FCPA). Credit Suisse also agreed to pay a $47 million criminal…

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forex market update
July 05, 2018 BY LeapRate Staff

ATFX Forex market update: July 5, 2018

The following article was written by Ramy Abouzaid, Head of Research at ATFX, UAE. US-EU Auto Tariffs: A Closer Look Global Economic Indicators This Week’s Economic Calendar Under the radar: Trump directs his weapon towards European auto makers US President Donald Trump told reporters on an Air Force plane on Friday that his government's investigation…

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