Finally, some good news from FXCM Inc (NYSE:FXCM). The global forex broker, which has spent most of the past year selling assets and dealing with the fallout of last January's Swiss Franc spike and the $275 million loss it caused at FXCM, has announced what it calls a new partnership with German Forex and CFD broker…
Read moreThe U.S. Financial Industry Regulatory Authority (FINRA) today released its Regulatory and Examination Priorities for 2016, highlighting three broad issues - supervision, risk management and controls; and liquidity. The letter also emphasizes firm culture, conflicts of interest and ethics, and the significant role each of these plays in the way a firm conducts its business. FINRA…
Read moreLeapRate Exclusive Interview... AvaTrade can easily be called one of the quiet success stories of the Retail Forex sector. Many in the industry were taken a little by surprise when AvaTrade's financials were revealed, exclusively by LeapRate, in some filings made by Playtech PLC (LON:PTEC) soon after Playtech announced its planned $105 million acquisition of…
Read moreThe Australian Financial Review claims that Australia's government should not be swayed by 'online forex cowboys'.
Read moreWharton Business School's Wharton Research Data Services (WRDS), the leading data research platform and business intelligence tool for corporate, academic and government institutions worldwide, has announced the addition of RavenPack News Analytics to its data offerings. A part of the Wharton School of the University of Pennsylvania, WRDS provides the leading business intelligence, data analytics, and financial…
Read moreThe first trading day of 2016 has not been a very pretty one for stock markets around the world, perhaps portending even more volatility ahead for traders in the new year. Circuit breakers were in effect in several markets, with: Shanghai Composite down 7% Japan's Nikkei 225 off 3% Hang Seng Index down 3% UK's…
Read moreCompetition in the ultra-competitive UK online market heating up as LCG joins ETX Capital and others in upgrading their technology and look to suit a new generation of traders.
Read moreIn what is normally a seasonally down month for FX trading volumes across both retail and institutional platforms, Hotspot FX actually saw a nice 8% MoM bump in FX trading volumes during December, averaging $24.1 billion per day versus $22.4 billion in November. However the $24.1B figure is down 13% YoY from $27.7B ADV last…
Read moreAs we prepare to change over our calendars to 2016, we would like to take this opportunity to thank all of our readers and clients for making 2015 a record year at LeapRate. The number of our followers and subscribers to our daily Forex Industry Newsletter continued to soar during the year. Some milestones we topped…
Read moreWe don't often make predictions at LeapRate, especially when it comes to share prices of publicly traded companies. However this one seems to have panned out. Our first reaction to FXCM's December 11 announcement that it is attempting to renegotiate the terms of its $300 million rescue loan with Leucadia National Corp (NYSE:LUK) was: Without looking…
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