LeapRate has learned that a number of leading retail forex brokers are altering trading conditions in advance of this Sunday's French elections. The first round of polling is not expected to elect a new President, with the expected final runoff between the two top vote-getting candidates set to take place two weeks later, on Sunday…
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LeapRate Exclusive... LeapRate has learned via regulatory filings made in the UK that FCA regulated broker Tradeslide Trading Tech Limited, which operates the Darwinex.com forex social and copy trading network, has seen a nice bump in Revenues and Profits during its second full year of operation. Darwinex Revenues grew from just €146,500 in 2015 to…
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The REAL story apparently involves Czech police, organized crime investigators, frozen assets, offshore companies, and suspicions of fraud and money laundering.
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Hong Kong Forex retail forex broker KVB Kunlun Financial Group Ltd (HKG:8077) has issued a statement warning investors that it expects to report a loss for the first quarter of 2017. Profit (or more accurately, loss) warnings have become something of a bad habit lately at KVB. For the company, controlled by China's CITIC Securities Company…
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Expected losses from a collapsed Queen St Forex Brokers firm have grown considerably as it was revealed the company owes creditors more than $10 million. The state of Forex Brokers, founded in 1995 and operating out of the Dingwall Building, was disclosed by liquidators who also said assets of the company appeared insufficient to repay…
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Exclusive... LeapRate has learned during the past weeks in close contact with management and is now able to share with the public that Christopher Gore will be taking on the CEO role of major Australian headquartered MT4 Forex and CFD brokerage GO Markets. Mr. Gore started his tenure with the Melbourne-based firm back in 2009 as a…
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Gallant Capital Markets Ltd, the British Virgin Islands incorporated parent company of retail forex broker GCMFX, has announced on its website gcmfx.com that it has filed for bankruptcy via a voluntary petition under Chapter 11 of the United States Bankruptcy Code, with the United States Bankruptcy Court for the Eastern District of New York. GCMFX…
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Derivatives marketplace operator CME Group Inc (NASDAQ:CME) today announced that it intends to close its London-based derivatives exchange and clearing house, CME Europe and CME Clearing Europe, by year-end 2017. During the coming months, CME Group will work closely with all market participants and regulators to ensure a smooth transition and an orderly wind down…
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Migration of major brokers to MetaTrader 5 is well underway. MetaQuotes Software Corp. today announced that XM.com, IC Markets and Hedge Total will launch the multi-asset HFT platform this spring. Chris Zacharia, Marketing Director of XM Group, commented: It is something we have been patiently expecting for a long time, and I truly believe it…
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An Auckland-based foreign exchange broker has collapsed, leaving dozens of customers owed more than $1 million facing "significant" losses, NZ Herald reported. Forex Brokers was established in 1995 and had an office in the Dingwall Building on Auckland's Queen Street. Companies Office filings show shareholders of the company yesterday appointed PKF Corporate Recovery & Insolvency…
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