Category: Forex

GLBR Chapter 11 bankruptcy approved
February 09, 2018 BY LeapRate Staff

Global Brokerage successfully exits bankruptcy, convertible notes replaced

FX brokerage holding company Global Brokerage Inc (OTCMKTS:GLBR), formerly known as FXCM Inc, has announced that it has successfully completed its prepackaged plan of reorganization, and has emerged from Chapter 11 bankruptcy. The effective date of its prepackaged Chapter 11 Plan of Reorganization of was confirmed by Bankruptcy Judge Michael E. Wiles on January 22, 2018,…

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February 08, 2018 BY Valentina Kirilova

MarketInvoice partners with Euler Hermes

Business finance company MarketInvoice announced that it has established a partnership with Euler Hermes, trade-credit insurance company, which will provide credit insurance policies to customers of MarketInvoice in safeguarding their businesses. With Euler Hermes credit insurance, MarketInvoice customers who use invoice finance solutions will have the assurance that they are protected in the event their…

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BIS announces key appointments in Singapore and Switzerland
February 08, 2018 BY Valentina Kirilova

EFSF Board of Directors elects Harald Waiglein as new Chairman

The Board of Directors of the European Financial Stability Facility (EFSF) has today announced that elected Harald Waiglein as its Chairman. Mr Waiglein replaces Hans Vijlbrief, who served as Chairman of the Board since 2014 and was appointed President of the Eurogroup Working Group (EWG) on 22 January 2018. Harald Waiglein joined the Austrian Ministry…

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February 08, 2018 BY Valentina Kirilova

Virtu Financial's total revenues increase 170% YoY in Q4 2017

Virtu Financial, Inc. (NASDAQ: VIRT), a technology-enabled market maker and liquidity provider to the global financial markets, has today reported results for the fourth quarter and the full year ended December 31, 2017. Fourth Quarter and Full Year Selected Highlights Fourth Quarter 2017: Net income of $47.8 million, Normalized Adjusted Net Income* of $41.4 million…

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February 08, 2018 BY Valentina Kirilova

ULLINK delivers MiFID II best execution reporting in partnership with LiquidMetrix

ULLINK, a global provider of electronic trading and connectivity solutions to the financial community, announced that it has extended its successful partnership with LiquidMetrix to deliver MiFID II best execution reporting to multiple European Sell-Side clients. The solution, UL PUBLISHER for Best Execution, teams ULLINK’s fully-automated, post-trade data management hub with the LiquidMetrix Workstation for…

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February 08, 2018 BY Valentina Kirilova

Forex Sports Sponsorship: AvaTrade becomes Online Trading Partner of Man City

English Premier League football club Manchester City has announced a new multi-year regional partnership with AvaTrade to become the Club’s Official Online Trading Partner throughout China, Asia and Latin America. AvaTrade is an online trading broker, whose portfolio of traders span across the globe. The company is revolutionising the online trading industry by providing an…

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