Copenhagen based Retail FX broker Saxo Bank has just announced that it has reached a conditional agreement with Dutch online brokerage BinckBank on a recommended all-cash public offer of EUR 6.35 (cum dividend) per issued and outstanding ordinary share and priority share of BinckBank representing a total consideration of EUR 424 million. The offer price…
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Retail forex broker FXCM Group, LLC has today released execution data for November 2018. The company has recently added three new CFD products, including Commodity CFDs and the Index CFD US2000. November 2018 All Instruments Highlights: 64.0% of orders executed at price 24.7% of orders executed with positive slippage 11.3% of orders executed with negative…
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Tools For Brokers, a provider of fintech solutions for the crypto and forex industry, has just included the basic version of Brokers’ Business Intelligence in the company’s Gold package. Brokers’ Business Intelligence is a cross-functional risk management and business analytics service: the basic version of product includes efficient toolkits for money management and decision making.…
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After reporting multi-year lows in trading volumes in September, retail FX brokerage group Gain Capital Holdings Inc (NYSE:GCAP) had a very nice rebound in October, with volumes up 55% MoM, coming in at $231 billion. November activity at GAIN Capital, which operates the FOREX.com and City Index retail forex brands, was down 10% MoM, dropping at $207 billion. Number of…
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The international broker Grand Capital has just announced that it has launched MetaQuotes' MetaTrader 5 trading platform with hedging. Features of MetaTrader 5 offering include: Advanced trading opportunities: netting and hedging order accounting systems, market depth, separate accounting of orders and deals. Extended analytics: 21 timeframes, in-chart calendar. Developing and testing trading robots: multi-currency strategy tester and…
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UK online trading leader IG Group Holdings plc (LON:IGG) has just issued an update ahead of entering its close period following the end of the first half of the financial year ending 31 May 2019 (FY19). Revenue in the first half is expected to be around 6% lower than in the same period in FY18,…
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Retail forex broker FXCM Group, LLC has just announced that it has added three new CFD products which clients can now begin trading. The new products are: Commodity CFDs - WHEATF and CORNF, which have the Wheat and Corn Futures as their underlying references; the Index CFD US2000, a cash-based CFD of the Russell 2000…
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Prokopios Katsaros, Head of Brokerage at Cyprus-Based Prime Brokerage TopFX, has joined LeapRate for an interview, sharing details about the company's 2-in-1 broker solution, its partnership with Forex software provider Spotware, and more. LR: Hi Prokopios, and thanks for joining us today. Please let us know a little more about TopFX’s 2-in-1 solution for brokers, and…
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Estonia based Retail FX brokerage firm Admiral Markets Group AS has announced it has reduced its spreads on its most popular financial instruments, including top currency pairs like the EUR/USD. Admiral Markets clients can now trade its most popular Forex currency pairs at the following typical spreads: EUR/USD: 0.6 pips GBP/USD: 1.0 pips USD/JPY: 0.9…
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LeapRate Exclusive… LeapRate has learned that London based FX liquidity and prime brokerage services provider IS Prime has reported strong financials, with an increase in turnover year end 31 March 2018. Reported figures from the FCA regulated broker show a rise to £17.2 million year end 2018. The financials for IS Prime’s year end 2018 show…
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