Continuing a fairly flat month for volumes we have been seeing from leading retail and institutional eFX industry trading venues, CySEC and FCA regulated broker Exness has reported that forex volumes in its system came in at $252.0 billion in June, slightly below $253.1 billion last month. Both May and June volumes showed a nice increase over…
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Continuing a trend we've been seeing lately, of leading retail forex brokers aligning themselves with 'brand ambassador' sports personalities, CySEC regulated FXTM has announced that it will become an official sponsor of Dominika Cibulkova, one of the top players on the women's tennis tour and a Top 10 ranked WTA player. (Ms. Cibulkova, from Slovakia,…
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FCA regulated Forex and CFD broker Plus500 Ltd (LON:PLUS) has issued a Half Year Trading Update, indicating that its business did very well in the just-completed second quarter of the year. Without giving specific numbers, which will be delivered in early August, Plus500 stated that the business has continued to trade very strongly, with both revenues and…
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LeapRate Exclusive... Further to our exclusive report earlier in the week that longtime CMC Markets Plc (LON:CMCX) shareholder, New York based investment bank Goldman Sachs Group Inc (NYSE:GS), had decided to sell down its stake in CMC Markets, LeapRate has learned that Goldman has indeed continued to sell, now down to below the 3% reporting threshold…
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FCA regulated Forex and CFD broker Plus500 Ltd (LON:PLUS) has indicated that in accordance with the terms of its Share Buyback Programme announced on 2 June 2017, the Company acquired 22,000 ordinary shares of ILS 0.01 each in the capital of the Company ("Shares") on 28 June 2017 at a price of 548.68 pence per…
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Multi-asset brokerage Blackwell Global announced today a partnership deal with Everton Football Club. With aims to increase its global footprint, this is its first sporting sponsorship, as well as the Club’s first Official Forex and Brokerage Partner. This move is meant to increase Blackwell’s profile in the UK, after the company received its FCA license…
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Retail Forex, CFDs and Spread Betting broker London Capital Group Holdings plc (LON:LCG) has released its 2016 full year results, indicating that the company is indeed well along in its restructuring and turnaround, but still has a long way to go. On the top line, LCG was able to generate healthy revenue growth following its rebranding…
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Copenhagen based multi asset broker Saxo Bank has announced that it has decided to end operations through its Turkish subsidiary, Saxo Capital Markets Menkul Değerler A/Ş, to reduce complexity in the organization and bolster relationships with strong partners in Turkey. The company's office in Istanbul will be shut down. Saxo Bank had opened its Istanbul…
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Retail forex broker FXCM Group, LLC announced that has launched FXCM Market Data Signals, a trading support tool offering traders powerful insights to help them find potential trading opportunities using FXCM’s proprietary Speculative Sentiment Index (SSI) along with the Grid Sight Index (GSI). FXCM Market Data Signals enable clients to stay up to speed on…
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The Financial Conduct Authority (FCA) earlier has today published the final findings of its asset management market study and announced the package of remedies it will take forward to address the concerns identified in its interim report into the sector. Here's what Ian Peacock, Head of UK and Ireland at IG Group Holdings plc (LON:IGG), has to…
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