The move into summer months did not seem to slow down the stream of Forex Industry News this past week, with all the top stories once again appearing exclusively (or first, before being copied elsewhere) at LeapRate. We exclusively reported on Turkey's ban on accounts and trading with foreign Forex brokers, on GKFX's second major…
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This will be a week which many in the FX industry won't soon forget, in part because of what didn't happen. After several months of debate and a few more months of waiting, the FCA decided to delay its implementation of new rules governing the leveraged Forex and CFDs sector until at least early 2018. We…
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Forex Industry News at LeapRate this past week was very much a microcosm of what's going on both very publicly, as well as behind the scenes in the sector, over the past few months. Binary options brokers scrambling amid new laws and regulations; foreign FX brokers trying but not always succeeding to get a foothold…
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It was very much a week of new beginnings in Forex Industry News, with the key stories appearing exclusively at LeapRate: Betfred into getting the Retail FX business by launching TradeFred, FxPro launching spread betting, and Saxo Bank expanding its Australia footprint in a deal with leading online equities broker OpenMarkets. See below for more…
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CLS Group, the market infrastructure provider of risk mitigation services to the global FX market, today published a report in which they examine the impact of the UK general election on the foreign exchange (FX) spot market, using data published by CLS on Quandl. CLS do this by comparing GBPUSD hourly volumes on 09 June…
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Before we get to our review of this past week's top Forex Industry News stories, we'd once again like to thank our readers for helping LeapRate extend our lead over our competitors, as the most-read Forex Industry news website. With May data now out at leading website visitor tracking services, we're once again pleased to…
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Nobody like a tie. Not in sports. And certainly not in politics. But after a brief yet highly volatile UK election contest, it looks like that it what we just might get. Initial exit polls (see above, source: CNN) are indicating that Theresa May's Conservatives are likely to lose their parliamentary majority, yet remain as…
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Data from UK online financial trading firm IG Group Holdings plc (LON:IGG) and its political trading market indicate an expected Conservative majority government - although a smaller majority than was expected earlier in the campaign. IG clients have seen their expectations of a landslide Conservative win ebb, along with Theresa May’s lead in the polls.…
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It was week involving a number of somewhat severe regulator moves in Forex Industry News at LeapRate. Both the Cypriot and Australian financial regulators suspended / revoked the licenses of Retail Forex brokers. And in the US, an offshore broker was sued for taking US clients, a big no-no in the business. In our continuing…
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Mergers and Acquisitions activity led Forex Industry News this past week, on both the retail and institutional sides of the sector. The key deals - Euronext NV (EPA:ENX) buying FastMatch and ThinkMarkets acquiring Trade Interceptor - highlighted two of the key FX industry trends we've reported a lot on of late: consolidation, and the growing importance…
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