February 26, 2016 BY Maria Nikolova

BGC Partners enters into new unsecured credit agreement to fuel growth

BGC Partners, Inc. (NASDAQ:BGCP), an international brokerage company servicing the financial and real estate markets, today announces that it has sealed a committed unsecured credit agreement with a group of lenders. The agreement provides for maximum revolving loans of $150 million, with the option to increase the aggregate loans to $200 million. On February 25,…

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February 26, 2016 BY Maria Nikolova

MetaQuotes: Clients of 190 brokers already use MetaTrader Virtual Hosting

MetaQuotes Software, the developer of the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms today announces that clients of 190 brokers already use the MetaTrader Virtual Hosting service. The service has been particularly useful for traders that use trading robots and/or have subscribed to signals, as these require continuous operation. MetaQuotes also notes that…

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February 26, 2016 BY Maria Nikolova

UK payments regulator PSR wants banks out of VocaLink payments system

The UK Payment Systems Regulator (PSR) has on Thursday published the provisional findings of its market review into the ownership and competitiveness of the infrastructure that supports the payments systems; Bacs, Faster Payments System (FPS) and LINK. The above-mentioned payment systems are currently owned by a relatively small number of banks, which also control the…

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February 26, 2016 BY Maria Nikolova

Updated eToro Social Trading app for Android offers detailed trading history

Social investment services provider eToro keeps beefing up the capabilities of its mobile applications, with the Social Trading app for Android devices getting updated earlier this week. After adding seamless switching between Real & Virtual accounts to the capabilities of the solution in January, eToro is making further strides into improving the trading experience for fans of…

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February 25, 2016 BY Maria Nikolova

Lars Seier Christensen, Bjarne Riis to launch World Tour cycling team

A follow-up to LeapRate's earlier report about the collaboration between Lars Seier Christensen, Saxo Bank co-founder and former co-CEO, and Bjarne Riis, a former manager of the Tinkoff-Saxo team and 1996 Tour de France winner. Earlier today, Mr Riis and Mr Christensen unveiled more information about the project, dubbed Riis*Seier. Both have invested around EUR 5…

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