February 27, 2015 BY Maria Nikolova

BGC Partners, GFI Group say tender offer completed successfully

There is a positive development on the news LeapRate reported a week ago about BGC Partners, Inc. (NASDAQ:BGCP), a global brokerage company servicing the financial and real estate markets, and GFI Group Inc. (NYSE:GFIG) agreeing on a tender offer of $6.10 per share. The companies announced today that the tender offer had been completed successfully.…

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February 27, 2015 BY Maria Nikolova

MQL5.community celebrates 500,000 users

MetaQuotes Software Corp., the software developer that gave the Forex world the popular platforms MetaTrader 4 and MetaTrader 5, today announced that the number of registered users of the MQL.5 community had crossed the mark of 500,000. In the middle of this month, the number of traders that have an account on MQL5.com, surpassed half…

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February 26, 2015 BY Maria Nikolova

Alpari RU to reinstate minimum deposit requirements

Alpari RU, the retail Forex broker active in Russia and the Commonwealth of Independent States, today published a reminder to its clients that the promo-campaign removing the minimum deposit requirements for all sorts of trading accounts will soon come to an end. The “Easy Start” promo, launched on January 21, 2015, gave all clients of…

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February 24, 2015 BY Maria Nikolova

Financial Conduct Authority warns about Ikon Finance clone

The Financial Conduct Authority (FCA) has been rather active lately in cautioning the public about clone firms. The latter usually abuse a trademark, emulate a name of a firm, its services and websites, in order to fraudulently benefit from the established reputation of a regulated entity. Earlier today, the UK watchdog published a warning about…

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February 23, 2015 BY Maria Nikolova

Alpari Japan to shut down MT4, Alpari Direct

Alpari Japan K.K., the Japanese subsidiary of Alpari UK, which is now under special administration, announced today the pending halt of its offering of Metatrader 4 (MT4) and Alpari Direct. The broker will stop supporting trading on the platforms from March 13, 2015. All clients are now instructed to get their trade reports and different…

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February 21, 2015 BY Maria Nikolova

Deutsche Bank increases its stake in Plus500 to 7.23%

Interest by investment banks into Plus500 Ltd (LON:PLUS) is not losing its force, as Deutsche Bank AG (FRA:DBK) has just raised its shareholding in the CFD broker. According to data released on Friday, the investment bank bought 2,124,445 shares in the broker on February 18, 2015. This way, the total number of shares Deutsche Bank…

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February 20, 2015 BY Maria Nikolova

Greece gets four-month rescue extension, euro seems to like it

A press conference following Eurogroup talks has just concluded, with what was initially dubbed as meager speculation now officially confirmed – an accord has been reached among eurozone finance ministers to extend the rescue programme for indebted Greece. Christine Lagarde, managing director of the International Monetary Fund, commented on the terms of the agreement, shedding light on…

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February 20, 2015 BY Maria Nikolova

BGC Partners, GFI Group agree on $6.10 per share tender offer

BGC Partners, Inc. (NASDAQ:BGCP), a global brokerage company servicing the financial and real estate markets, and GFI Group Inc. (NYSE:GFIG), a provider of trading technologies and support services to the global OTC and listed markets, today announced that they have reached an agreement on a tender offer of $6.10 per share. Under the terms of…

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February 20, 2015 BY Maria Nikolova

EUR edges higher amid speculation of agreement on Greek deal

The eurozone currency managed to recover some losses this evening amid reports that a preliminary agreement was reached during talks of Eurogroup members on a Greek deal. Bloomberg quoted a Greek government official saying that an agreement might have been reached today and the deal would see the Greek rescue program extended beyond the end of…

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