April 17, 2016 BY Mike Fox

CashBackForex lauches new website for Asian market

CashBackForex, a leading provider of  FX rebates since 2008, has launched a new website, www.rebatekingfx.com, aimed at growing market share from the Asian FX market. Lke its cousin CashBackForex, the new site offers volume rebates at more than 40 brokers, 7 payout methods, instant rebates at select brokers, 5 official support languages and a 24 hour support team…

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April 17, 2016 BY Mike Fox

FXStreet beta finally goes live

First reported a couple of weeks ago on LeapRate, we interviewed CEO of FXStreet Carolina May regarding the new FXStreet beta version which was slowly being rolled out. Today, the beta has become live on www.fxstreet.com. The new website goes live before the new trading week begins. FXStreet hopes to capitalize on new screen resolutions…

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April 13, 2016 BY Mike Fox

ETX Capital unveils trader sentiment mapper

ETX Capital today announced per the company blog the roll-out of a new feature for the English website – a client sentiment mapper. Spread Betting and Forex trading clients of ETX Capital will be able to look at a product and see how fellow traders as a whole have been trading it. They will be…

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April 13, 2016 BY Mike Fox

Japan corporate accounts to see leverage cap on Forex trading

An article by the Nikkei Asian Review today stated that Japan's Financial Services Agency (FSA) plans to start setting the maximum amount of leverage corporate investors can use in FX margin trading. No specific leverage total was specified in the piece and is still being debated according to the article. To mitigate risks in the market,…

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April 12, 2016 BY Mike Fox

ETX Capital appoints industry veteran Arman Tahmassebi new COO

London based FCA regulated brokerage ETX Capital today announced the appointment of Arman Tahmassebi as Chief Operating Officer (COO). Mr. Tahmassebi's most recent prior appointments in the London brokerage industry include serving as Chief Operating Officer at London Capital Group from January 2015 to January 2016 as well as Global Head of Operations at IG…

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April 11, 2016 BY Mike Fox

Pragma launches SmartFix algorithm to improve FX trading performance against WM/R 4pm

Pragma Securities, a leading provider of high performance algorithmic trading tools, has launched Pragma SmartFix, a new execution algorithm designed to improve average execution performance against the daily 4pm WM/Reuters foreign exchange benchmark fixing. The algorithm is based on patterns detailed in a research paper released by Pragma today. Following recommendations from regulators in the…

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April 11, 2016 BY Mike Fox

Advanced Markets and Fortex welcome Bjorn Enqvist as Managing Director

Advanced Markets LLC, the leading institutional liquidity provider and prime of prime, and Fortex Inc., the pace-setting FX technology company, have today announced the appointment of  Bjorn Enqvist to the role of Managing Director. Bjorn will be responsible for  driving business growth in Europe and worldwide through his vast expertise and institutional insight. Bjorn joins…

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April 04, 2016 BY Mike Fox

U.S. Forex brokers show mixed data for client assets in February

February data from just released CFTC reports filed by April 1st reveal that Forex brokers within the United States for February in total increased assets to get back above the $500 million handle to $518,945,514 from the $499,339,084 low point reported in January. (see graphs above and below). Notable changes which recently have occurred in the report is the removal of MB…

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April 04, 2016 BY Mike Fox

CQG partners with OANDA to expand U.S. Forex trading

Continuum, CQG's enterprise API division, has partnered with OANDA, a provider of online Forex and over-the-counter commodities and indices trading services, to enhance its US-based FX trading offering. The connection to OANDA's fxTrade platform is powered by Continuum's API, Continuum Connect. Customers using CQG Integrated Client, CQG QTrader, CQG M, and CQG FX, as well as those…

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