Continuing the fairly strong FX trading volume reports we have seen so far from some of the leading institutional FX firms, CySEC and FCA regulated Retail FX broker Exness has reported that forex volumes in its system came in at $260.6 billion in September. That figure was actually down 5% from August's $274.8 billion result, but still placed…
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LeapRate Exclusive... LeapRate has learned from industry sources that there have been a number of (additional) changes on the board of directors of Monecor (London) Limited, which operates FCA regulated online trading brokerage ETX Capital. Two of the company's non-executive directors, Mark Preston and Claire Hafner, have resigned. Mark Preston is the former Chairman and…
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Following a very strong month of August in which it reported record FX trading volumes of $343 billion, ASIC licensed IC Markets has indicated that it followed that up with $339 billion in September. Due to there being less trading days in September, IC Markets actually did set a monthly best in average daily volumes,…
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LeapRate Exclusive... LeapRate has learned via regulatory filings that AJF Financial Services Ltd, a Cyprus based investment group which operates a number of Retail FX, CFD, and Binary Options trading websites, has renounced its CySEC CIF license and will no longer regulated on the island. AJF first received its CySEC CIF license (number 295/16) in February…
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Global forex broker Gain Capital Holdings Inc (NYSE:GCAP), which operates the Forex.com retail and GTX institutional FX brands, has announced that Joseph A. Schenk, a current independent director of GAIN Capital, was appointed Chairman of the Board of Directors. Mr. Schenk replaces Peter Quick, who will resign as Chairman effective September 27, 2017. Mr. Quick will remain active…
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ASIC regulated online broker Berndale Capital, an Australian based and market leading provider of forex trading services and technology, is pleased to announce the introduction of Bitcoin trading. Available to all clients, the launch of the BTC/USD pair grows the Berndale trading instrument portfolio to 85, enabling greater investment diversification. Customers can trade price speculation…
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Retail FX broker FXCM Group LLC has put out an interesting press release (see text below), stating that it has agreed to terminate its Management Agreement with parent company Global Brokerage Inc (NASDAQ:GLBR). FXCM and GLBR became effectively separated when Leucadia National Corp (NYSE:LUK) took a direct equity stake in FXCM last year, and the two appointed…
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FCA regulated online CFD brokerage house CMC Markets Plc (LON:CMCX) announced that has today launched its native Spread Bet Application Programming Interface (API). This gives other institutions the ability to quote a ‘pounds per point’ price on any Index, Commodity, Treasury or Forex instrument that CMC offers, in a seamless manner. CMC first offered institutions…
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FCA regulated online broker ETX Capital today unveiled a new and improved version of its multi-asset class, proprietary web trading platform – TraderPro. Active clients have been given an exclusive first chance to try out the new platform. What’s new? According to ETX Capital: More intuitive - the new web trading platform has an enhanced…
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Saxo Bank has a new majority owner. The Copenhagen based multi asset online broker has announced that Finland's Sampo Oyj (HEL:SAMPO) is becoming a new shareholder in Saxo Bank, joining China's Geely Group which will now become Saxo Bank's largest (and controlling) shareholder. Geely and Sampo will jointly buy out the other two main outside shareholders…
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