December 02, 2015 BY Maria Nikolova

Belize's IFSC warns against unauthorized Forex broker TradingBanks

Shortly after warning against unauthorized Forex broker Grizzly Limited, the International Financial Services Commission of Belize (IFSC) has issued another warning against an unlicensed company, offering Forex services. The IFSC warns that an entity calling itself “TradingBanks” claims to be a brand owned and operated by one of the companies licensed by the Belize financial…

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December 02, 2015 BY Maria Nikolova

Australia's DMM FX says its network is now enhanced

Australian retail Forex broker DMM FX Australia Pty Limited (DMM FX) today provided another update regarding the problems experienced by some of its clients in late October. DMM FX said on Wednesday that it has rectified the recent issue, which resulted in intermittent access issues to the trading server for some clients. The company initially…

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December 02, 2015 BY Maria Nikolova

Japanese broker FXTF marks 60,000 Forex trading accounts

Japan's retail Forex broker FXTrade Financial (FXTF) has announced that the total number of Forex trading accounts opened by its clients exceeded 60,000 on November 30, 2015. This is a landmark achievement for the company, which is amid the handful of Japanese Forex companies offering MetaTrader 4 (MT4) to its clients. The company mentions that…

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December 02, 2015 BY Maria Nikolova

CBOE Holdings' trading volumes drop 16% M/M in November 2015

CBOE Holdings, Inc (NASDAQ:CBOE), the holding company for Chicago Board Options Exchange (CBOE), C2 Options Exchange (C2), CBOE Futures Exchange (CFE), and other subsidiaries, has just published its volume metrics for November 2015, with the results highlighting a downward trend already exhibited in September and October 2015. Total trading volume in November for options contracts…

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December 01, 2015 BY Maria Nikolova

FxPro bolsters lineup of spot indices with four new instruments

Retail Forex broker FxPro keeps expanding the offering of trading instruments for its clients. Today the company announced the launch of four new spot indices: • US30 (Dow Jones Industrial Average); • USSPX500 (S&P 500); • AUS200 (ASX 200); • Japan225 (Nikkei 225). The new instruments complement a menu of dozens of spot indices from various…

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December 01, 2015 BY Maria Nikolova

LME Clear launches new trade compression service

LME Clear, the clearing house for the London Metal Exchange (LME) market, on Monday announced the successful rollout of two new services: trade compression and the ability to post metals warrants as collateral. The new trade-compression service enables members to cut the notional value of their positions and simplify their portfolio management. It also enables…

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December 01, 2015 BY Maria Nikolova

eToro adds 100 new instruments to offering

Social investment expert eToro has boosted its offering for traders via the addition of 100 new instruments. The new instruments include Italian and Spanish stocks. The stocks represent various industries, including utilities, consumer goods and basic materials. eToro now also offers a variety of exchange traded funds (ETFs) drawn from different national markets. The list includes…

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December 01, 2015 BY Maria Nikolova

Morgan Stanley to fire a quarter of its FX traders

Poor financial performance is taking its toll on Wall Street investment bank Morgan Stanley (NYSE:MS). As per LeapRate's earlier report, the bank posted a set of disappointing financial metrics for the third quarter of 2015, including a 42% decrease in fixed-income trading revenues. The poor trading results will cost hundreds of jobs at Morgan Stanley, with…

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