December 14, 2015 BY LeapRate Staff

Gold-i and Corellasoft's Visual Edge enhanced with risk management tools for MT4 brokers

MT4 systems integrator Gold-i has announced that Visual Edge, its broker analytics product developed in partnership with Corellasoft, can now help MT4 brokers with risk management in addition to being used as a business analysis and client profiling tool. New features enable brokers using Visual Edge to view their B-Book exposure, grouped by any attribute such…

Read more
December 14, 2015 BY LeapRate Staff

Paysafe shares drop 9% as CVC and Investcorp sell their stake in the company

Paysafe Group Plc (LON:PAYS) saw its shares plummet 9% on Friday, as two of its major shareholders exited their investment in the payment services company. Private investment firms CVC Capital Partners and Investcorp Technology Partners announced late Thursday their intention to sell their entire 7.3% stake in Paysafe, comprising 35.1 million Paysafe shares. The shares were to be…

Read more
December 13, 2015 BY LeapRate Staff

Top Bitcoin Myths – #9: Bitcoin has no intrinsic value

The following guest post is one of a series courtesy of Marco Streng, CEO and Co-founder of Genesis Mining. [divide] It is commonly argued that Bitcoin has no intrinsic value. To address these concerns, it is important to first understand what defines value. In terms of a currency, value must meet the following criteria: Means of…

Read more
December 11, 2015 BY LeapRate Staff

Plus500 gets green light from FCA to onboard clients to its UK unit

Retail forex and CFD broker Plus500 Ltd (LON:PLUS) has issued a statement that it has decided to resume the onboarding new customers to its UK-based, FCA-regulated unit Plus500UK. It will begin taking clients into Plus500UK beginning next month. Plus500 halted taking new clients into its UK unit back in May, as part of an ongoing investigation into…

Read more
December 10, 2015 BY LeapRate Staff

FCA warns against clone of retail forex broker IIB International

UK financial regulator the Financial Conduct Authority (FCA) has issued a warning against a clone of regulated forex broker IIB International Broker. The real IIB, which also goes by IIB FX, is based in Sofia, Bulgaria. According to the FCA, fraudsters are using or giving out the following details as part of their tactics to scam…

Read more
December 10, 2015 BY LeapRate Staff

NFA fines Chicago-based XFA $75,000 and relegates it to introducing broker status

The self-regulatory organization for the U.S. derivatives industry, National Futures Association (NFA), has barred Chicago, Illinois based X-Change Financial Access LLC (commonly known as 'XFA') from operating as a futures commission merchant (or 'FCM'), allowing XFA to only operate as an NFA Member introducing broker. In addition, the NFA has ordered XFA to pay a $75,000 fine.…

Read more