May 19, 2017 BY LeapRate Staff
Saxo Bank reports client collateral deposits reach all time high above DKK 100 billion
Record collateral deposits and trading volumes achieved against backdrop of market volatility.
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May 19, 2017 BY LeapRate Staff
Exclusive: FXCM hands out another $1.6 million-plus contract, to COO David Sakhai
LeapRate Exclusive... Times are clearly not easy at retail forex broker FXCM, or at its (50.1%) parent company Global Brokerage Inc (NASDAQ:GLBR). Trading volumes are down at FXCM. The company has large financial obligations to Leucadia National Corp (NYSE:LUK) and to its convertible bond holders, who may be able to force the company into an event of…
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May 18, 2017 BY Valentina Kirilova
ICAP relative value team ICRV now offers Eris Swap Futures
The ICRV brokerage team of ICAP announced that now offers electronic and voice brokered Eris Swap Futures. ICRV is a market broker focused on relative value (RV) extending its trading algorithms and expertise to a global client base. Eris is now on their growing list of liquid markets. ICRV can execute custom strategies across fixed…
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May 18, 2017 BY Valentina Kirilova
Exness lowers margins requirements for over 50 exotic currency pairs
Cyprus-based retail forex broker Exness announced that has lowered the margin requirements for over 50 exotic currency pairs. Lowering the margin requirements for such a wide selection of exotic currency pairs gives small investors the opportunity to enter the market accessing a more diverse range of currency pairs, without having to sustain higher margin requirements.…
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May 18, 2017 BY LeapRate Staff
Exclusive: FXCM UK does not expect market maker repercussions like in the US
LeapRate Exclusive... LeapRate has learned via regulatory filings that the FCA regulated UK arm of retail forex broker FXCM, Forex Capital Markets Limited, does not expect regulatory action to be taken against the company, similar to what happened in the US. In the US, of course, FXCM and its then-CEO Drew Niv were fined $7…
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May 18, 2017 BY LeapRate Staff
Exclusive: Exness upgrading FCA unit, expects FX operations launch in September 2017
LeapRate Exclusive... LeapRate has learned via regulatory filings that Cyprus-based retail forex broker Exness has made an application to the UK financial regulator FCA to increase the scope of its FCA-licensed arm, Exness Europe Limited (Exness UK). Exness received its initial FCA license in September of last year, which LeapRate discussed at the time with Exness…
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May 18, 2017 BY LeapRate Staff
Playtech shareholder vote rejects 1.5 million share grant to CEO Mor Weizer as shares hit all-time high
LeapRate Exclusive... LeapRate has learned via regulatory filings that shareholders of online gaming and trading giant Playtech PLC (LON:PTEC) have rejected a resolution put forth by the company's board of directors, to issue a one-time grant of 1.5 million Playtech shares to CEO Mor Weizer. Weizer has been CEO of Playtech since 2007. The shareholder…
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May 17, 2017 BY LeapRate Staff
JFD Brokers launches new Affiliate and IB franchise program and website
CySEC regulated retail forex and CFDs broker JFD Brokers has announced the launch of a new franchise program, where partners can benefit exclusively from JFD’s global brand name, building their own regional office while simultaneously empowering their business. The company’s brand new dedicated partnerships website, recently launched, is a direct way for partners and IBs to…
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May 17, 2017 BY Valentina Kirilova
GAIN Capital announces expanded $35 million stock repurchase program
More news from retail forex broker Gain Capital Holdings Inc (NYSE:GCAP) today. The company announced that its Board of Directors has authorized an expanded stock repurchase program, under which the company may repurchase up to $35 million of its outstanding common stock, nearly doubling the amount approved as of March 31, 2017. Our Board of…
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May 17, 2017 BY Valentina Kirilova
GKFX launches GKPro leveraged FX and CFD institutional platform based on TradAir
TradAir, the global provider of trading technology solutions for banks, brokers, prime of primes and regulated marketplaces, announced that FCA regulated broker GKFX, are now live with TradAir’s new high-performance Margin/Credit FX-CFD Trading Platform. Margin/Credit FX-CFD Trading Platform is developed in response to demand from institutional brokers, for a margin and credit solution in one…
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