Offshore retail forex broker Tallinex and a Utah IB hit with CFTC lawsuit for taking US customers LeapRate

June 01, 2017 BY LeapRate Staff

Offshore retail forex broker Tallinex and a Utah IB hit with CFTC lawsuit for taking US customers

Legal website Law360 is reporting that the US CFTC has filed a lawsuit against offshore retail forex broker Tallinex, for illegally taking on US clients. The CFTC also named a US introducing broker of Tallinex, called General Trader Fulfillment LLC. The suit was filed in the U.S. District Court for the District of Utah - apparently because General…

June 01, 2017 BY LeapRate Staff

Exclusive: GBE Brokers hires Jaymes Marsh as Global Head of Marketing

LeapRate Exclusive... LeapRate has learned that CySEC regulated retail forex and CFD broker GBE Brokers has hired FX industry veteran Jaymes Payten-Marsh to a newly created position of Global Head of Marketing. Mr. Marsh joins GBE Brokers in Cyprus. He was previosuly Marketing Director at FxNet, and Head of Marketing and Communications at FXTM. GBE Brokers, whose management…

June 01, 2017 BY LeapRate Staff

GAIN Capital's Forex.com launches new HTML5 web trading platform

Gain Capital Holdings Inc (NYSE:GCAP) retail forex unit Forex.com has announced the release of a new web trading platform to its U.S. customers. Forex.com's new web trading platform was developed in partnership with TradingView, which offers one of the most powerful web-based charting platforms available today. Developed in HTML5, it supports PC/Mac users and all…

June 01, 2017 BY LeapRate Staff

IG Group shares rise 5% after issuing rosy Q4-2017 outlook

Shares in UK online trading leader IG Group Holdings plc (LON:IGG) rose by 5% in Wednesday trading, after the company issued a fairly rosy Trading Update for its fiscal fourth quarter of 2017. IG has a May 31 fiscal year end, so the period in question is for the three month period of March-April-May 2017. IG…

June 01, 2017 BY LeapRate Staff

TFX Click 365 Japan Forex Trading Volume down 1% MoM for May

Data released today by the Tokyo Financial Exchange indicated that forex trading volumes were down slightly during the month of May in Japan. The TFX indicated that the total trading volume of its FX Daily Futures contracts (Click 365) was 2,220,588, down 1.2% MoM versus April but off 26.2% from last year May. Average daily forex trading…

June 01, 2017 BY LeapRate Staff

NEX Group promotes Samantha Wren to CFO, adds Ken Pigaga to the Board

Electronic trading network operator NEX Group PLC (LON:NXG) has announced today that Stuart Bridges, Group Chief Financial Officer, has stepped down from the Board and will be leaving the company later in the year. Samantha Wren, currently Chief Commercial Officer for NEX Markets, has been appointed to the CFO role and will join the Board…

June 01, 2017 BY LeapRate Staff

FastMatch reports record forex volumes of $22.5 billion ADV in May 2017

Forex ECN FastMatch has some good news for its soon-to-be-new owners, Euronext NV (EPA:ENX). Data from FastMatch indicate that volumes in its system increased by 18% MoM in May, to average $22.5 billion ADV for the month. That makes May 2017 FastMatch’s best ever month for trading volumes, well ahead of March’s $19.2 billion, and the first time…

June 01, 2017 BY LeapRate Staff

Hotspot FX May 2017 forex volumes up 1% MoM to $28.1 billion ADV

Beginning our peek into May 2017 trading volumes at leading eFX trading platforms, data from institutional Forex ECN Hotspot FX indicates that May trading volumes increased slightly by just over 1% MoM from April, clocking in at $28.1 billion average daily volume for the month. Hotspot's figures would have been even higher - $29.9 billion,…

June 01, 2017 BY LeapRate Staff

GTX sees forex trading volumes up 9% MoM in May 2017 to $306.5 billion

GTX, the institutional FX arm of retail forex broker Gain Capital Holdings Inc (NYSE:GCAP), has reported that May trading volumes in its system increased slightly from April, although they didn't quite reach the record volumes GTX reported in March. GTX saw total trading volumes of $306.5 billion in May, or $13.3 billion ADV, versus $280.7…

May 31, 2017 BY Valentina Kirilova

Block trading remains a growth area despite trader uncertainty around forthcoming regulations

SIX Swiss Exchange Survey Regulation is overwhelmingly the biggest hurdle traders face, according to a major survey of equity, bond and other product traders in the UK and Europe conducted by SIX Swiss Exchange. An overwhelming 65% of respondents believed increasing regulation, such as MiFID II and FinfraG, would have the biggest impact on their…

Category: Forex

Offshore retail forex broker Tallinex and a Utah IB hit with CFTC lawsuit for taking US customers

Exclusive: GBE Brokers hires Jaymes Marsh as Global Head of Marketing

GAIN Capital's Forex.com launches new HTML5 web trading platform

IG Group shares rise 5% after issuing rosy Q4-2017 outlook

TFX Click 365 Japan Forex Trading Volume down 1% MoM for May

NEX Group promotes Samantha Wren to CFO, adds Ken Pigaga to the Board

FastMatch reports record forex volumes of $22.5 billion ADV in May 2017

Hotspot FX May 2017 forex volumes up 1% MoM to $28.1 billion ADV

GTX sees forex trading volumes up 9% MoM in May 2017 to $306.5 billion

Block trading remains a growth area despite trader uncertainty around forthcoming regulations

Exness takes the spotlight at Money Expo Abu Dhabi 2025

Crossover Markets: Kevin Wolf Appointed New CFO

Deutsche Börse Posts 6% Revenue Rise in Q1

Mastercard Unveils New Capabilities to Power Stablecoin Transactions

LSEG Extends Cloud Collaboration with AWS