Maria Nikolova
LeapRate Analyst
February 05, 2016 BY Maria Nikolova

Thomson Reuters SEF captures 55% of trading flow in FX dealer-to-client segment in Q4 2015

Thomson Reuters SEF (Swap Execution Facility) which in January this year obtained permanent CFTC registration captured the bulk of dealer-to-client Forex flows in the final quarter of 2015, according to data from Clarus Financial Technology. The data shows that Thomson Reuters SEF captured 55% of the trading flow in the FX dealer-to-client market segment in Q4…

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February 05, 2016 BY Maria Nikolova

HYIP scheme architect gets $1.12 million penalty in Quebec

Quebec court has imposed a fine of CAD 1.54 million (USD 1.12 million) on Alain André Desarzens, an operator of a high-yield investment program. The legal decision comes after an investigation by the Quebec financial markets regulator AMF, which showed that Mr Desarzens was running numerous HYIP promotions online and via emails. He was promising…

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February 04, 2016 BY Maria Nikolova

Court imposes $2.5M penalty on Worth Group and its principals for illegal off-exchange precious metals scheme

US regulators have once again acted against violations of the Dodd-Frank Act, and the provision against financed precious metals transactions carried on off-exchange, in particular. The U.S. Commodity Futures Trading Commission (CFTC) has just announced that the U.S. District Court for the Southern District of Florida entered a Consent Order of Permanent Injunction against Florida-based…

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February 04, 2016 BY Maria Nikolova

RoboForex amends trading conditions for MT4 Pro-Cent accounts

Retail Forex broker RoboForex is about to change the trading conditions for Pro-Cent accounts for the MetaTrader 4 (MT4) platform. From February 8, 2016, onwards, the minimum order size for trades from such accounts will rise from its current level of 0.01 lots to 0.1 lots. The broker explains that the change stems from the performance…

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February 04, 2016 BY Maria Nikolova

ICE sees 29.5% YoY rise in net income in FY 2015

Operator of global exchanges and clearing houses and provider of data and listings services Intercontinental Exchange Inc (NYSE:ICE) has just published its financial report for the full year to December 31, 2015. The company reported total revenues of $4.68 billion for 2015, up 7.6% from the result of $4.35 billion reported in 2014. Net income…

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February 04, 2016 BY Maria Nikolova

FXPRIMUS donates portion of each trade made in Dec 2015 to charitable causes

CySEC-regulated FX broker FXPRIMUS has announced that the company has donated 0.05 USD of every trade made in the month of December 2015, to two charitable organizations. The campaign is a part of FXPRIMUS’ Corporate Social Responsibility strategy. The management of FXPRIMUS confirms that the two recipient charitable organizations include the Cyprus-based Elpida Foundation –…

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February 04, 2016 BY Maria Nikolova

Zee Gold DMCC becomes Broker Member of DGCX

The Dubai Gold & Commodities Exchange (DGCX) today announces that Zee Gold DMCC, a subsidiary of Shirpur Gold Refinery Limited and part of Essel Group, has become a Broker Member of the Exchange. The Shirpur Gold Refinery is India's first and largest gold refinery with an installed refining capacity of 217MT per annum of Gold and…

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February 04, 2016 BY Maria Nikolova

France's AMF adds five Forex companies to “Black List”

France's financial markets regulator AMF has been very active in issuing warnings against unauthorized binary options and FX brokers. Today, the French watchdog updated its “Black List” of unauthorized Forex companies that target French investors, adding five more brokers to the list. The latest additions to the “Black List” are: www.activmarkets.com / ACTIVMARKETS; www.brokers500.com /…

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