Mike Fox
LeapRate Analyst
October 27, 2014 BY Mike Fox

PFSOFT to support money managers with new Protrader MAM functionality

PFSOFT, developer of comprehensive brokerage software for operating on all major markets, including Forex, stocks, futures, forwards, options, and CFDs is proud to announce it is focused on Managers' needs providing them with Multi Account Management tools in company's latest development - Protrader 3. Now using Protrader MAM panel manager is able to create groups…

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October 27, 2014 BY Mike Fox

FCA regulated Berkeley Futures turns to FlexTrade for FX

FlexTrade Systems, a global leader in multi-asset execution and order management systems, today announced that UK based Berkeley Futures has implemented MaxxTrader, it’s white label ASP front-end platform, to facilitate global FX trading. Used as a complete FX solution, MaxxTrader will allow Berkeley to cover the full trading cycle, including price construction, distribution, trade execution,…

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October 27, 2014 BY Mike Fox

BNY Mellon launches Forex dealing room in Singapore

BNY Mellon, the world's largest custody bank by assets, said it appointed Keon Ho Kang to head its newly created foreign exchange dealing room in Singapore. The bank has launched the FX dealing room in Singapore to facilitate trades in G10 currencies and the Korean Won. The American investment giant said the move reflects Singapore's growing…

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October 27, 2014 BY Mike Fox

LeapRate Forex Weekly Look Back – Week of October 20th

LeapRate Forex Weekly Look Back – Week of October 20th FxPro preparing to launch FxPro Prime Brokerage services | https://www.leaprate.com/kEf3i Bye bye MetaTrader 4! MONEX Group formally announces phase-out | https://www.leaprate.com/mmAAu Plus500 triples its worldwide revenue in Q3 2014 | https://www.leaprate.com/7Iyao Op-ed: FX business now shares equities’ margin shrinkage | https://www.leaprate.com/CgQTN Infinigon launches API for…

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October 23, 2014 BY Mike Fox

Arsenal Football Club welcomes Markets.com as partner

Arsenal Football Club has welcomed Markets.com as an official partner. Named as Arsenal’s official Forex, CFD and Binary Trading Partner, Markets.com will activate the partnership in a number of territories, with a particular focus on Asia where the Gunners have strong support following recent pre-season tours and sustained digital fan engagement. The agreement will afford…

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October 23, 2014 BY Mike Fox

FXCM ex chief dealer Michael Romersa cashes in $1.4 million of FXCM shares

LeapRate has learned, via filings made with the U.S. Securities and Exchange Commission (SEC), that former FXCM (NYSE:FXCM) senior executive Michael Romersa has sold approximately $1.4 million worth of his FXCM shares over the past couple of days. He sold 85,470 shares at prices ranging from $16.32 to $16.78. The last reported sale of Mr.…

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October 22, 2014 BY Mike Fox

Billionaire hedge fund manager David Tepper is short the euro

David Tepper, the founder of hedge fund Appaloosa Management, said that he's short the euro during a talk at the Robin Hood Investors Conference in New York City. Tepper, whose fund specializes in distressed debt, said he expects that the European Central Bank will need to expand its balance sheet by instituting more quantitative easing…

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