Maria Nikolova
LeapRate Analyst
February 25, 2016 BY Maria Nikolova

Israeli OCS approves merger of Spondoolies-Tech and Bitcoin firm BTCS

Israel's Office of Chief Scientist (OCS) has approved the proposed merger of blochain technology focused group BTCS Inc (OTCMKTS:BTCS) and Israeli transaction verification server manufacturer Spondoolies-Tech Ltd. The companies receive this regulatory nod of consent about five months after they sealed a definitive merger agreement. The OCS approval is one of two key conditions for…

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February 25, 2016 BY Maria Nikolova

Leucadia paints rosy picture of FXCM prospects

Investment holding group Leucadia National Corp (NYSE:LUK) has recently been quite vocal when it comes to FXCM Inc (NYSE:FXCM), to which it extended a $300 million loan following the sharp Swiss franc spike on January 15, 2015. In its annual report for 2015, Leucadia confirmed it was in discussions with the Forex broker over restructuring the…

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February 25, 2016 BY Maria Nikolova

Liquidators of BlackfortFX/Arena Capital recover only NZ$1.07 million

Grant Robert Graham and Neale Jackson of KordaMentha, who act as Liquidators of now defunct Forex broker BlackfortFX (aka Arena Capital Limited), have published their second report, updating investors about their actions. The liquidators have focused on recovering assets and, according to their report (see table below) they have managed to obtain receipts of NZ$1.07…

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February 25, 2016 BY Maria Nikolova

Hong Kong's SFC appoints Julia Leung as Executive Director, Intermediaries Division

Hong Kong's Securities and Futures Commission (SFC) today announces that Ms Julia Leung will become Executive Director, Intermediaries Division, effective June 19, 2016. Ms Leung, who is currently Executive Director, Investment Products, will succeed Mr James Shipton in the key role at the Intermediaries Division. Before joining the SFC, Ms Leung was the Under Secretary…

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February 25, 2016 BY Maria Nikolova

FXPRIMUS beefs up offering of MT4 trading tools

CySEC-regulated retail Forex broker FXPRIMUS has made a number of advanced trading tools available to its clients who use the MetaTrader 4 (MT4) platform and request additional functionalities. FXPRIMUS notes that it has made available more than 20 new modules, which can be of help to various categories of traders. The trading tools are accessible to…

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February 25, 2016 BY Maria Nikolova

FlexTrade integrates Symphony’s compliant messaging solution into the trading blotter

Provider of multi-asset execution and order management solutions FlexTrade Systems today announces the integration of Symphony Communication Services LLC’s platform with FlexTRADER EMS. As a result, secure and compliant messaging is brought directly into the trading blotter for any FlexTrade clients using Symphony. FlexTrade’s integration with Symphony enables traders to communicate and distribute content to…

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February 25, 2016 BY Maria Nikolova

FxPro launches updated version of cTrader app for iOS devices

Shortly after releasing an updated cTrader app for Android devices, retail Forex and CFD broker FxPro today announces the launch of an updated cTrader application for iOS gadgets. The updated app (Version 2.1.23) offers traders to choose between a Light theme and a Dark theme, with both having a new improved design. The current theme can be…

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February 25, 2016 BY Maria Nikolova

Playtech's financials unit sees revenues drop 21% Q/Q in Q4 2015, ending introducer relationships

Playtech's just-issued Q4 and Full Year 2015 financial report confirms our exclusive report from yesterday - that its financials division headlined by the Markets.com brand is going through a major restructuring. Our report had focused on the internal restructuring at Markets.com, including the firing of many sales, retention and customer service employees and the ending…

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