LeapRate Staff
LeapRate Analyst
April 11, 2018 BY LeapRate Staff

Orbex partners with Ajiad Securities to offer trading services on international markets in Jordan

CySEC regulated online forex broker Orbex has announced that it held its partnership ceremony at the Hotel Le Grand, Amman, Jordan, where several prominent figures representing the Jordanian Securities Commission (JSC), traders, and experts in the field of trading attended. As an international forex broker, the partnership with Ajiad Securities will enable access to trading…

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April 11, 2018 BY LeapRate Staff

Saxo Bank FX trading volumes down 27% in March to $317 billion

After a torrid start to the year including record trading volumes across nearly all its product categories in February, Copenhagen based online broker Saxo Bank has reported that March volumes cooled off somewhat, with declines in all areas. In February, Saxo reported an astounding total trading volume of $612.1 billion – the best volumes result we’ve ever…

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April 10, 2018 BY LeapRate Staff

How to get an LEI number if you don’t have a LOU (Local Operating Unit) in your country

The following article was written by Natallia Hunik, Global Head of Sales at Advanced Markets and Fortex, Inc. The global push for greater transparency in financial markets continues to gain traction with top tier regulators now requiring that all entities, engaged in trading financial markets, report their LEI (Legal Entity Identifier) number to regulatory repositories.…

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April 10, 2018 BY LeapRate Staff

Fortex hires Victor Hendrix from Beeks Financial Cloud as EVP Global Infrastructure Sales

Institutional FX trading solutions provider Fortex Technologies Inc has announced that Victor Hendrix has joined the company to create and lead its newest division XCLOUD. A global cloud server grid, XCLOUD offers liquidity-agnostic and broker-neutral trading Infrastructure as a Service (IaaS) to support all trading platforms and all bridge middleware. XCLOUD offers premium hosting and…

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April 09, 2018 BY LeapRate Staff

Libertex adds CFDs on Spotify and Dropbox shares

The Libertex trading platform has announced that it now provides its traders with an opportunity to open trading positions in two new instruments - CFDs on Spotify (SPOT) and Dropbox (DBX) stocks. The company stated that these new assets will appeal to those traders who are interested in opening up trading positions in promising technological…

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April 09, 2018 BY LeapRate Staff

Cryptocurrency CFDs require license, but not cryptos themselves: FCA

UK financial regulator the FCA has issued an interesting statement indicating that while cryptocurrencies are not currently regulated by the FCA, crypto derivatives - including cryptocurrency CFDs - are. According to the FCA, cryptocurrency derivatives are defined as being "financial instruments" under the Markets in Financial Instruments Directive II (MiFID II), even though the FCA does…

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