Mike Fox
LeapRate Analyst
October 16, 2014 BY Mike Fox

Advanced e-trading techniques available from ICAP Patent Brokerage

ICAP Patent Brokerage,  the world's largest intellectual property brokerage and patent auction firm, announced yesterday for sale patents disclosing computerized methods and systems for trading articles including stocks, foreign exchange, futures, cereals, and ores based on certain conditions predetermined by the user. This IP package is available from inventor Min-Ho Cha, as part of the Financial Auction…

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October 16, 2014 BY Mike Fox

FxPro sets new MT4 margin and stopout levels

A quick note from globally regulated broker FxPro today, they have announced that margin call and stop out levels for MT4 will be changing as of October 20, 2014. At margin levels of 25% the Firm will have the discretion to begin closing positions, starting from the most unprofitable one. In addition, at margin levels…

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October 15, 2014 BY Mike Fox

GAIN Capital shares soar 12% Tuesday after Zacks upgrade

Gain Capital Holdings (Forex.com) (NYSE:GCAP) was upgraded by Zacks from a rating of “underperform” to a “neutral” in their latest report released on Monday. The firm put a $6.30 target price on the stock. Note that despite the upgrade Zacks still has just a $6.30 price target on the stock, well below its current price…

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October 14, 2014 BY Mike Fox

IronFX celebrates one year anniversary of Lisbon office

IronFX. leading globally regulated broker is reporting that back on September 20th 2014, the company held a celebration to commemorate the first anniversary of the IronFX Global office in Lisbon. The ceremony was held at the scenic setting of the Lisbon office rooftop, with a guest list of up to 120 people, including clients, partners…

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October 14, 2014 BY Mike Fox

CLS trading volumes surge to all-time record high in September

Average daily volumes in the global FX market hit a record high in September, data from FX settlement system CLS showed on Tuesday. The value of all transactions through the CLS system, which is used almost universally by the banking industry to process or settle trades, rose to $5.94 trillion a day last month, around…

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October 14, 2014 BY Mike Fox

Moscow Exchange has 75 minute midday suspension of derivatives trading

Trading on Moscow Exchange's Derivatives Market was resumed at 3:30pm MSK after it was suspended from 2:14 pm MSK. Order cancellation became available at 3:15 MSK. Trading was suspended following detection of a malfunction in the market data distribution system, which was caused by a core system error. The suspension did not impact interim clearing…

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