Moscow Exchange to establish subsidiary focused on innovative projects LeapRate

July 05, 2017 BY Valentina Kirilova

Moscow Exchange to establish subsidiary focused on innovative projects

Moscow Exchange just announced it will commit its innovative technologies business line and work with fintech start-ups to a new subsidiary company, MOEX Innovations. The Exchange plans to invest up to RUB 1.2 bln into innovation-focused companies and projects. Alexander Afanasiev, Moscow Exchange's CEO, said: We are striving to reinforce our position as a leader…

July 04, 2017 BY LeapRate Staff

Exclusive: GKFX hires PhillipCapital and CMC Markets veteran George Sassoon as Head of Sales

LeapRate Exclusive... LeapRate has learned that FCA regulated Retail Forex and CFDs broker GKFX has made another addition to its senior management group, hiring George Sassoon as Head of Sales UK. George Sassoon joins GKFX after serving for two as Director of Sales - Europe in the London office of Singapore based broker PhillipCapital, helping PhillipCapital launch…

July 04, 2017 BY Valentina Kirilova

NEX Group releases steady June electronic markets volumes

Just one day after NEX Group PLC (LON:NXG) has announced that its NEX Optimisation unit has launched the FX industry’s first fully automated Settlement Netting Service, the company released its electronic markets volumes for the month of June 2017. US Treasury was $166.1 bln, 2% down MoM. US Repo was $226.5 bln, up 13% YoY…

FXTM analyzed 70 M&A deals to show stock performance and GDP comps

July 04, 2017 BY Valentina Kirilova

INTL FCStone completes merger of Sterne, Agee & Leach Inc. into INTL FCStone Financial Inc.

INTL FCStone Inc. (NASDAQ: INTL) announced the merger of its wholly owned subsidiary, Sterne, Agee & Leach, Inc. with and into its wholly owned subsidiary, INTL FCStone Financial Inc. (the Company). The merger further consolidates INTL FCStone's regulated entities, and is expected to result in operational efficiencies at INTL FCStone Financial Inc. and to enable…

July 04, 2017 BY Valentina Kirilova

Spotware Systems adds Stop Limit Order to cTrader platform

Spotware Systems just announced that they have added a new order type to their cTrader platform. This new order type is a Stop Limit Order, it has been added to desktop, web, iOS and Android versions of the platform, and it is available to all users of all brokers offering the platform. A Stop Limit…

July 04, 2017 BY Valentina Kirilova

Fullerton Markets promotes Paul Turner to Executive Director

Fullerton Markets has announced the promotion of Senior Compliance Manager Paul Turner to Executive Director. With over 40 years of accounting experience, Paul Turner has proved to be an invaluable resource to the expansion plans of Fullerton Markets. CEO of Fullerton Markets Mario Singh said: I am delighted to recommend Paul’s promotion to the board…

July 04, 2017 BY LeapRate Staff

Forex sports sponsorship: FXTM backs WTA Top 10 player Dominika Cibulkova

Continuing a trend we've been seeing lately, of leading retail forex brokers aligning themselves with 'brand ambassador' sports personalities, CySEC regulated FXTM has announced that it will become an official sponsor of Dominika Cibulkova, one of the top players on the women's tennis tour and a Top 10 ranked WTA player. (Ms. Cibulkova, from Slovakia,…

July 03, 2017 BY admin

Trump, UK elections drive record 1H trading volumes on DGCX

Dubai Gold and Commodities Exchange (DGCX), the region’s largest and most diversified derivatives bourse, witnessed a surge in Gold and currencies trading in June, which can, in part be attributed to the recent listing of additional ‘Calendar spreads’ on the Exchange’s Gold Futures and G6 Currency contracts. The currency segment continued their upward trajectory in…

July 03, 2017 BY LeapRate Staff

Exclusive: Turkey bans all accounts and trading with foreign Retail FX brokers

LeapRate Exclusive... LeapRate has learned that the Turkish government is issuing new regulations, which will make it illegal for Turkish residents to hold accounts or trade leveraged Forex or CFD products with foreign brokers not licensed by the country's Capital Markets Board (CMB). Turkey has been slowly tightening the screws when it comes to leveraged…

NetoTrade GBOCapital offshore forex broker warning

July 03, 2017 BY LeapRate Staff

Spain regulator CNMV warns against unlicensed offshore Retail FX brokers NetoTrade and GBO Capital

The National Securities Market Commission (Comisión Nacional del Mercado de Valores, or CNMV) in Spain has issued warnings against a number of unlicensed brokers and financial institutions targeting traders in the country. Included in the list released today are two unlicensed Retail Forex brokers, NetoTrade (operating from website netotrade.com) and GBO Capital (at gbocapital.com). Both…

Category: Forex