LeapRate Exclusive... LeapRate has learned that the longtime CEO of London-based FX, CFDs and spreadbetting broker ETX Capital, Andrew Edwards (pictured above), has resigned. We also understand that Mr. Edwards has left ETX to take a similar job at a rival firm, which will be unveiled shortly. Replacing Mr. Edwards as CEO of ETX Capital,…
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JPMorgan Chase & Co. (NYSE: JPM) has announced that it will redeem on December 1, 2017 all of the 125,750 outstanding shares of its 5.50% Non-Cumulative Preferred Stock, Series O (“Series O Preferred Stock”). The shares of Series O Preferred Stock are represented by 50,300,000 depositary shares which are currently traded on the New York…
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CFD broker Plus500 Ltd (LON:PLUS) has announced that it has extended its sponsorship agreement with the Brumbies, the Australian professional rugby union football team to be its Official Sponsor for the next three years. Plus500 first became a sponsor of the Brumbies in December 2016. As part of the Agreement, the Plus500 logo will continue…
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Leading off our reports of FX trading volumes for October by leading Retail and Institutional eFX platforms, Forex ECN FastMatch data shows a 14% decline in activity from September, although September was a very strong month. FX trading volumes at FastMatch averaged $18.0 billion daily in October, as compared to $20.9 billion in September. But…
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GTX, the institutional FX arm of retail forex broker Gain Capital Holdings Inc (NYSE:GCAP), has reported a 10% decline in trading volumes during the month of October, after seeing near-record trading volumes during the months of August and September. The weaker volumes, although still strong on a historical basis, were driven by low currency volatility…
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Beginning our peek into October 2017 trading volumes at leading eFX trading platforms, data from institutional Forex ECN Hotspot FX - recently rebranded as CBOE FX Markets - indicates that October was a very good month, although not quite as good as September. FX trading volumes at Hotspot FX averaged $32.0 billion daily in October,…
Read moreState Street Corporation (NYSE: STT) today launched the latest findings from its Brexometer Index, a quarterly pulse survey of institutional investor sentiment about the United Kingdom’s departure from the European Union. The Q4 2017 survey indicates a slight decrease in confidence, with 40 percent of respondents expecting positive global economic growth in the near-medium term…
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Forex and CFD technology solutions provider Spotware Systems, the developer of the popular cTrader trading platform, have announced the soft launch of brand new cTrader mobile applications for both Android and iOS devices. The new cTrader mobile applications have been built from the ground up in a native format. Once the rollout is complete this new…
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LeapRate Exclusive... LeapRate has learned from sources in Poland that the country's Ministry of Finance has decided to delay its plans to further limit the Retail FX and CFDs sector in the country. Poland was one of the first EU countries to rein in Retail FX trading, passing a law in July 2015 which set…
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BT today announced a strategic collaboration with Amazon Web Services (AWS) in a move that reinforces its position as a driving force in cloud services and will help customers fully reap the benefits of AWS in the UK and around the globe. The announcement represents a significant milestone in the evolution of BT’s ‘Cloud of…
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