Mike Fox
LeapRate Analyst
March 15, 2016 BY Mike Fox

Admiral Markets to offer more leverage on CFDs up to 200:1, reduce spreads

Globally regulated Forex brokerage Admiral Markets announced this week an extension on its offering. From the session opening Monday March 28 2016, Admiral Markets CFDs on indices and commodities will be: accessible, via reduced margin requirements and contract size cost effective, via reduced spreads. Leverage enhancements The leverage rate on most popular indices, commodities and CHF currency pairs will…

Read more
March 14, 2016 BY Mike Fox

CQG adds historical data and research platform Portara to its offering

Portara uses a subscription-based pricing model, making it affordable to any hedge fund or CTA regardless of budget. CQG, a global provider of high-performance trade routing, reliable market data, and advanced technical analysis, has added Portara® to its main product suite. This award-winning historical data extraction and research platform includes historical data from the CQG Data Factory. Portara…

Read more
March 11, 2016 BY Mike Fox

Orbex expands its cooperation with research provider Trading Central

CySEC regulated Forex brokerage Orbex is expanding its cooperation with the leading independent financial research provider – Trading Central. Informed trading decisions within your platform have become more attainable through the partnership. Orbex clients are able to access Trading Central service in 4 new languages: Italian, Spanish, Indonesian and Turkish.  The new languages are now available on Trading Central…

Read more
March 10, 2016 BY Mike Fox

Leucadia and FXCM sign MoU to deepen and extend partnership

Leucadia National Corporation (NYSE:LUK) and FXCM Inc. (NYSE:FXCM) today announced that they have entered into a memorandum of understanding to amend the terms of their Amended and Restated Credit Agreement and their Amended and Restated Letter Agreement, each dated January 24, 2015.  The nonbinding MOU remains subject to the execution of definitive agreements and Board and regulatory approvals.  Leucadia…

Read more
March 10, 2016 BY Mike Fox

FXCM reports down 2015 4th qtr results; while February retail volumes fall 7% but institutional sees a boost

FXCM Inc. (NYSE:FXCM), a leading global provider of Forex trading services today announced for the quarter ended December 31, 2015, U.S. GAAP trading revenue from continuing operations of $65.4 million, compared to $93.5 million for the quarter ended December 31, 2014. U.S. GAAP net loss attributable to FXCM Inc. from continuing operations was $85.7 million for the quarter ended…

Read more
March 10, 2016 BY Mike Fox

U.S. Forex brokers drop record 8.2% in assets for January 2016

January data from just released CFTC reports filed by January 31st reveal that Forex brokers within the United States for January dropped 8.9% in assets to fall under the $500 million handle to $499,339,084 from $544,087,054 reported in December of 2015 (see graph above). Notable changes which recently have occurred in the report is the removal of MB Trading when back in…

Read more
March 07, 2016 BY Mike Fox

Thomson Reuters spot Forex volumes fall 10% MoM to $111 billion

Thomson Reuters just released February volume data across all Forex trading platforms, daily spot trading volumes fell in February by 10%, a month marked by high volatility across financial markets, with Oil and China demanding much of the headline risk. Spot currency trading volume totaled $111 billion last month, down 10% from $123 billion in January,…

Read more