Category: Forex

May 10, 2018 BY Valentina Kirilova

Metamako enters security market, launches low-latency firewall solution

Metamako, provider of low-latency, FPGA-enabled network solutions, announced that it has now entered the security space with the announcement of its MetaProtect™ Firewall solution. The powerful 48-port (x10GbE) network appliance is designed to deliver new levels of ultra-fast firewall protection through packet filtering and logging. It is ideal for situations where a firewall solution is…

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May 10, 2018 BY LeapRate Staff

Social trading provider Ayondo posts $6.3 million loss in Q1-2018

FCA regulated social trading focused broker Ayondo has announced results for its publicly traded arm Ayondo Ltd., indicating growing Revenues but a large loss in the first quarter of 2018. Ayondo's Q1 results release mark its first as a public company. Ayondo went public on the Singapore Exchange in March in a $16 million IPO.…

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May 10, 2018 BY Valentina Kirilova

Scotiabank to acquire 51% of Banco Cencosud in Peru

Scotiabank announced that its Peruvian subsidiary, Scotiabank Peru, has reached an agreement with Cencosud Peru to acquire a 51% controlling interest in Banco Cencosud, which offers credit cards and consumer loans in Peru, for approximately CAD $130MM. Under the terms of the agreement, the two companies will also enter into a 15-year partnership to manage…

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May 10, 2018 BY Valentina Kirilova

TP ICAP revenue up 3% in four months period

TP ICAP plc has issued a scheduled trading update in relation to the four month period from 1 January 2018 to 30 April 2018. Revenue in the four months of £601 million was 3% higher than the prior period, consistent with its full year guidance in March. Trading was marked by improved conditions in rates…

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May 09, 2018 BY LeapRate Staff

FXCM FX trading volumes slump 12% in April to $184 billion

Retail FX broker FXCM has reported its trading volume metrics for April 2018, which was the company's slowest month so far in 2018, although in line with what we have seen at several of the other leading online brokers. Overall, retail FX trading volumes were down 12% MoM from March to $184 billion, the first…

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May 09, 2018 BY LeapRate Staff

Amana Capital adds MT5 crypto CFD trading in Bitcoin, Ethereum, Litecoin and Ripple

Given the increased demand for cryptocurrencies, Amana Capital, a leading financial brokerage firm, announced today the long-anticipated launch of CFDs cryptocurrency trading on its MetaTrader 5 platform. This launch conforms with Amana’s mission in offering traders a wide variety of financial instruments and establishing a fully-fledged trading experience. In the first phase, Amana will offer…

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May 09, 2018 BY LeapRate Staff

HotForex extends sponsorship of SlideSports' Tio Ellinas

International multi-asset broker HotForex has announced that it is continuing its sponsorship of race car driver Tio Ellinas, showing its trust to the young sportsman. This is the fourth time HotForex backs Tio Ellinas, who continues competing at Porsche Carrera Cup Great Britain but has now switched teams to race with SlideSports. After having made…

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May 09, 2018 BY Valentina Kirilova

Dukascopy Bank SA launches new office in Dubai

Geneva based Retail FX broker and bank Dukascopy has just announced the opening of its Representative Office in Dubai (DIFC). The establishment of the office in Dubai follows the earlier opening of the Moscow, Hong Kong, Kiev, Kuala Lumpur and Tokyo offices, and is a part of the global expansion strategy of Dukascopy Group. The…

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