Interactive Brokers Group, Inc. (NASDAQ:IBKR), one of the major online trading services providers in the US, has just published its key operating metrics for March 2016, with trading activity continuing to lose pace after daily average revenue trades already declined in February 2016. On the brighter side, client equity and client accounts kept climbing in…
Read moreBitcoin trading platform BitQuick, which fell victim to a cyber attack about two weeks ago, has provided an update regarding the status of customer data. The company points to the receipt upload function as the likely source of the exploit. It also discovered that its database was likely leaked, with names, email addresses and phone…
Read moreA week ago, MetaQuotes Software, the developer of the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, announced the launch of hedging capabilities on the MT5 platform and today these capabilities are extended to the MT5 application for Android devices. The application now supports a second position accounting system – Hedging, which allows opening multiple…
Read moreInteractive Brokers Group, Inc. (NASDAQ:IBKR), one of the major online trading services providers in the United States, has introduced new features to the Trader Workstation (TWS) platform. LeapRate has already informed you of some of the novelties in build 956 (currently in beta), such as Daily P&L Alerts on Positions and new Technical Indicator columns. The…
Read moreHong Kong's Securities and Futures Commission (SFC) has earlier today updated its Alert List, with the latest addition being Crown Star Investment Limited. The company, operating via www.csigrouphk.com, offers a variety of investment services and claims to be regulated by Hong Kong authorities. The SFC says that the company is not licensed and notes that…
Read moreJapanese retail Forex broker Monex FX, part of Monex Group, Inc. (TYO:8698), has extended the period of its latest spread reduction campaign until the end of April 2016. The campaign started in February this year and was set to end today – April 1, 2016, but the broker decided to prolong the offer until April…
Read moreJapan’s Financial Services Agency (FSA) has earlier today updated its Warning List of investment companies soliciting Japanese clients without having any necessary permission from the authorities. Amid the latest additions is Sumo Forex Limited, a retail Forex broker providing its services via www.sumoforex.com. The company claims to have an address in New Zealand. The FSA…
Read moreThe Tokyo Financial Exchange (TFX) has just posted its operating metrics for March 2016, with trading activity slowing down in comparison with a relatively robust February. TFX's Click 365 total trading volumes, that is, the volume of Exchange FX Margin contracts, dropped 23.1% from February 2016 levels to 3,436,055 contracts. On the brighter side, the…
Read moreBGC Partners, Inc. (NASDAQ:BGCP), a brokerage company servicing the financial and real estate markets, on Thursday updated its outlook for the quarter ending March 31, 2016. BGC currently expects that its revenues for distributable earnings and for its pre-tax distributable earnings for the first quarter of 2016 to be towards the mid-point of the range…
Read moreSeasonal factors took their toll on Hotspot FX trading volumes in March 2016, with weak trading activity on March 25th and March 28th weighing on the overall results. As a result, the eFX institutional platform of Bats reported a double-digit decrease in trading volumes for last month, following a solid February. Hotspot FX average daily…
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