Maria Nikolova
LeapRate Analyst
March 11, 2015 BY Maria Nikolova

ICAP, CME Group partner with The Beast Apps over market data solution

ICAP Information Services (IIS), the information subsidiary of ICAP Plc (LON:IAP), and global derivatives marketplace CME Group Inc (NASDAQ:CME) today announced a partnership with The Beast Apps Group. The focus of the collaboration is RapidRV, a real-time market data and analytics tool, aimed at providing market participants the capability to analyze relative value opportunities between…

Read more
March 10, 2015 BY Maria Nikolova

IG Group set to launch Apple Watch trading app

IG Group Holdings plc (LON:IGG) has made it official – it is about to launch a dedicated trading app for Apple Watch. The UK CFD and stockbroking expert is planning to roll out the new solution as soon as the latest Apple's product is out there. This means the new solution by IG, called IG…

Read more
March 10, 2015 BY Maria Nikolova

Italy's Consob warns of unauthorized brokers Fie World Finance, Bloombex

Italy's securities market regulator Consob on Monday issued warnings against Forex broker Fie World Finance Ltd and binary options broker Bloombex. The regulator is concerned that both companies try to lure Italian residents as their clients without having the adequate permission from the authorities. Consob notes that Fie World Finance Ltd is not authorised to…

Read more
March 10, 2015 BY Maria Nikolova

Canada blacklists 37 binary options brokers

The Canadian Securities Administrators (CSA), an organization which represents the securities regulators of 10 Canadian provinces and 3 territories, has published a “Black List” of unauthorized binary options brokers. The common feature of all companies that participate in the list is that they try to attract investors in Canada without having the proper licenses to…

Read more
March 06, 2015 BY Maria Nikolova

Phillip Boakes gets 10-year prison sentence over FX Ponzi scheme

Phillip Boakes, who defrauded investors of more than £3.5 million, was today sentenced at Southwark Crown Court to 10 years in jail. Boakes, who ran CurrencyTrader Ltd, a company engaged in Forex spread betting, lured investments using false instruments and taking deposits without having the proper authorization. In running a typical Ponzi scheme, Boakes funded…

Read more
March 06, 2015 BY Maria Nikolova

Canada's OSC warns of unauthorized binary options broker Titan Trade

The Ontario Securities Commission (OSC) today issued a warning about binary options broker Titan Trade Capital Limited. The regulator is concerned that the company, which offers its services via www.titantrade.com, is making its services available to residents of Ontario, without having the necessary license to do so. According to Canadian laws, companies are allowed to…

Read more
March 06, 2015 BY Maria Nikolova

Saxo Bank's daily Forex volumes drop 37.5% MoM in Feb'15

Saxo Bank, the Danish company that combines the roles of a retail Forex broker and a bank, earlier today posted its operating metrics for February 2015, with results lagging behind the robust performance seen in the start of the new year. Average daily Forex volumes at Saxo amounted to USD 9 billion in February 2015,…

Read more
March 05, 2015 BY Maria Nikolova

British Columbia regulator warns about unauthorized broker UK Options

The British Columbia Securities Commission (BCSC) has flashed its regulatory teeth again, warning against another unauthorized binary options broker that seeks to lure investors from the Canadian province. In its announcement, dated March 3, 2015, the regulator says that UK Options is not registered to provide any sort of investment services in British Columbia. Bear…

Read more
March 05, 2015 BY Maria Nikolova

KPMG invites 83,000 Alpari (UK) clients to use Claims Portal

KPMG, the firm responsible for the special administration of ill-fated Forex broker Alpari (UK) Limited, has issued another update to (former) clients of the broker. This time the joint special administrators focus on the work of the Claims Portal. After soft-launching the dedicated portal on February 26, 2015, offering access only to 500 clients of the…

Read more
March 05, 2015 BY Maria Nikolova

JPMorgan raises stake in Plus500 above 5%

Shares in Plus500 Ltd (LON:PLUS) keep attracting investors' attention, especially after the publication of stellar results for the fourth quarter and full year 2014. Another piece of evidence in this respect was apparent today, as JPMorgan Chase & Co. (NYSE:JPM) took its stake in the CFD broker above 5% again. The latest transaction raised the…

Read more