Finally acting somewhat like a company which has filed for a Chapter 11 reorganization, shares of Global Brokerage Inc (NASDAQ:GLBR) slipped by 10% on Tuesday closing at an all time low of 95 cents. GLBR shares are now down 27% from when the Chapter 11 plan was released a week and a half ago. We'd…
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FCA and CySEC regulated FX brokerage group Amana Capital has announced that, as a major addition to its services, it is adding the highly requested multi-asset trading platform MetaTrader 5 (MT5) to its suite of trading platforms. MT5 is the updated version of MetaQuotes Software's MetaTrader 4 (MT4) platform, widely regarded as the world’s most popular…
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LeapRate Exclusive... LeapRate has learned that institutional boutique FX broker CrescoFX has successfully obtained a license from the FCA in the UK for its subsidiary Cresco Capital Markets (UK) Limited, with plans to expand both its institutional and Retail brokerage operations. The license was formally granted back on August 1, 2017. CrescoFX was established in…
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Retail Forex broker Alpari has reported that FX trading volumes in its system hit $121.6 billion in October 2017, its best monthly result of the year and 6% above September's $114 billion. Alpari stated that the mid-Autumn month saw trading increases in all the major currency pairs. The biggest increase in turnover came from the…
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Warsaw based X Trade Brokers Dom Maklerski SA (WSE:XTB), which operates Retail Forex broker XTB.com as well as the X Open Hub trading platform, issued today a response to reports that Poland's Financial Supervision Authority (Komisja Nadzoru Finansowego, or KNF) was going to initiate proceedings against the company for perpetrating Forex Fraud. As we reported earlier…
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CySEC regulated retail forex and CFDs broker JFD Brokers has announced the launch of a new trading product, offering clients the opportunity to trade physical shares from its platform MT5+. JFD stated that with this launch, adding to its FX and CFD products, the company will become a true multi-asset broker, remaining one step ahead…
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FCA regulated CFD broker Plus500 Ltd (LON:PLUS) has announced that it has extended its official Main Sponsor agreement with Club Atlético de Madrid, SAD, for the 2018/2019, 2019/2020 and 2020/2021 seasons, with both parties actively considering extending the relationship further. Plus500 first became the Official Main Sponsor of FC Atletico Madrid in January 2015 and…
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LeapRate Exclusive Interview... We often begin interviews with leading FX industry figures with a lengthy "setting the stage" intro. But not here. Following this weekend's news of the Chapter 11 reorganization filing by Global Brokerage Inc (NASDAQ:GLBR), we're just as curious as our readers to hear directly the people leading FXCM Group, in which GLBR owns…
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ASIC regulated Retail FX broker International Capital Markets Pty. Ltd. (IC Markets) informed that it has launched Stock CFD trading for clients on the MT5 platform. The release of Stock CFDs follows the addition of the multi asset MetaTrader 5 platform by IC Markets in May earlier this year, along with a number of other…
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Continuing a fairly slow October we have seen at some of the world's leading FX and CFD brokers, Copenhagen based multi asset broker Saxo Bank has released figures indicating that FX and overall trading activity was down slightly month-over-month. Overall, total multi-asset trading volumes at Saxo Bank were down 4% MoM in October, $328.5 billion…
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