Category: Forex

August 21, 2017 BY Valentina Kirilova

FXCM Group clarifies its relationship to Global Brokerage Inc.

Retail forex broker FXCM Group and Leucadia National Corporation (NYSE:LUK) today responded to questions from FXCM’s customers regarding FXCM’s relationship to Global Brokerage, Inc. (NASDAQ:GLBR). Leucadia, a diversified holding company with a $8.5 billion market value, holds a 49.9% equity interest and up to a 65% economic interest in FXCM and is firmly committed to…

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August 21, 2017 BY Valentina Kirilova

Daniel J. Martin joins McQueen as a Financial Analyst

Dan Martin has joined McQueen Financial Advisors as a Merger Valuation Specialist / Financial Analyst. McQueen Financial is a  provider of investment advisory services and a variety of consulting services to community-based financial institutions throughout the United States. At McQueen, Mr. Martin will be a part of the Merger Valuation Team, providing analytics frequently involving…

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August 21, 2017 BY Valentina Kirilova

IG Group launches trading on Ethereum

UK online trading leader IG Group Holdings plc (LON:IGG) today announced that has launched trading on Ether, the token of the Ethereum network. This development enables traders to take a position on whether the value of the cryptocurrency will rise or fall, without having to take the risks associated with buying and storing it. Rupert…

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Via Varejo concludes migration of shares to B3’s Novo Mercado
August 21, 2017 BY Valentina Kirilova

Flex receives approval for additional share repurchases

Sketch-to-Scale solutions provider  Flex (NASDAQ: FLEX) announced that on August 15, 2017, it received shareholder approval to purchase up to 20% of its outstanding shares. Since the beginning of fiscal 2012 through the first quarter ended June 30, 2017, the Company repurchased approximately 298.8 million shares for approximately $2.6 billion and retired all of these shares.…

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Pepperstone UK
August 21, 2017 BY Valentina Kirilova

Pepperstone EEA clients required to close and transfer Australian accounts to Pepperstone UK

LeapRate Exclusive… After we exclusively reported back in February that leading Australia based retail forex and CFDs broker Pepperstone suspended all activity in its FCA-regulated UK subsidiary Pepperstone Limited, a week ago LeapRate has shared that the company has finalized its management and operational changes and is now once again open for business in the UK. When…

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August 21, 2017 BY Valentina Kirilova

Hotspot expands sales team with Mike Cahill’s appointment

Forex ECN Hotspot FX, a CBOE Holdings, Inc. (NASDAQ:CBOE) company, announced Mike Cahill’s appointment to the firm’s London-based sales team. Mr. Cahill, who was previously responsible for relationship management within KCG’s FX market-making business, joins Hotspot as a Director, FX Sales, and will be responsible for covering European systematic trading and asset management firms. Based…

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forex industry news update
August 20, 2017 BY LeapRate Staff

FX Industry Week Review: Israel Binary Options law delay, Forex.com fundraising, and lots more…

While the online trading industry was taking somewhat of an end-of-summer breather with less press releases, deals, executive hires and the like, there was still plenty of Forex Industry News to report. How is internal party politics delaying Israel's new Binary Options ban legislation from being actually implemented? Why is Forex.com parent Gain Capital Holdings Inc…

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August 18, 2017 BY Valentina Kirilova

HSBC selects Capita as it targets further broker channel growth

HSBC (NYSE:HSBC) announced that has has selected Capita’s Omiga mortgage software, as the bank seeks to further grow its broker distribution channel for mortgages. Capita’s software will provide a single platform which drives greater automation, making it easier for brokers to transact with lenders, upload documents, and track details of mortgage applications and decisions. The…

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August 18, 2017 BY Valentina Kirilova

IC Markets adds cryptocurrency trading with Bitcoin CFDs

ASIC regulated Retail Forex broker IC Markets announced today that has added Bitcoin (BTCUSD) to its growing product offering. The addition of Bitcoin, 2017’s best performing asset with a price increase exceeding 350%, comes after burgeoning client demand as the Cryptocurrency soars to record highs. The IC Markets Bitcoin product is traded as a CFD,…

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