INTL FCStone sees Revenues down 10% QoQ hit by historically low commodities volatility LeapRate

May 10, 2017 BY LeapRate Staff

INTL FCStone sees Revenues down 10% QoQ hit by historically low commodities volatility

INTL FCstone Inc (NASDAQ:INTL) has announced its financial results for the fiscal year 2017 second quarter ended March 31, 2017, indicating a slowing of its business as commodities volatility hit all-time lows during the quarter. Total revenues at FCStone were down 10% QoQ, $5.46 billion in Q2 versus $6.07 billion in Q1. Lower costs however contributed to a…

May 10, 2017 BY admin

Match-Trade's Imran Firoz on winning Forex broker technology

This week LeapRate caught up with Imran Firoz, Managing Director (pictured above) of US-headquartered Match-Trade Technologies, a global Forex brokerage software provider. His early experience in the FX industry was as the Chief Financial Officer of a brokerage firm where he provided financial oversight to accounting & finance departments of the company and advised the…

May 10, 2017 BY Valentina Kirilova

Prime Broker and Clearing firm GPP announced rebrand

Prime Broker and Clearing firm GPP announced that it relocates to larger offices to accommodate growing business lines and coincides move with a rebrand and new website. So far GPP's number of clients is up 14% compared to last year. In February GPP launched Structured Products Business and is set to launch new business lines…

May 10, 2017 BY LeapRate Staff

LCG hires Emilio Lobo as Head of Business Development

LeapRate Exclusive... LeapRate has learned that UK online brokerage London Capital Group Holdings plc (LON:LCG) has continued to build its management team, hiring forex industry veteran Emilio Lobo as its new Head of Business Development. Mr. Lobo spent the last year consulting on MiFID II product development and compliance. From 2013-2016 he ran the IronFX representative…

May 10, 2017 BY Valentina Kirilova

Thomson Reuters and S&P Global enter strategic transcript data agreement

A strategic data agreement between Thomson Reuters (NYSE:TRI) and S&P Global (NYSE: SPGI) will deliver the industry’s most comprehensive transcript data service to financial services professionals, Thomson Reuters reported earlier today. Under the agreement, S&P Global Market Intelligence (a division of S&P Global) will become a major provider of transcript coverage on both public and…

May 10, 2017 BY LeapRate Staff

AvaTrade Israel sub ATrade fined NIS 150,000 by ISA for misleading video advertising

Israeli financial regulator ISA (Israel Securities Authority) has fined the ATrade subsidiary (atrade.co.il) of global retail forex broker AvaTrade NIS 150,000 (USD 42,000), due to a misleading video the company was circulating as part of a recent promotional campaign. ATrade is one of six retail FX brokers which have received the relatively new ISA license,…

May 10, 2017 BY Valentina Kirilova

Index Industry Association welcomes three new members

Index Industry Association (IIA), a global organization of index administrators, has today announced the addition of three new members. CBOE Holdings (CBOE), China Central Depository & Clearing Co., Limited (CCDC) and the Tokyo Stock Exchange , Inc. (TSE) will join IIA in promoting awareness of the function of indices in global markets. Since its launch…

May 10, 2017 BY Valentina Kirilova

Horizon Software extends “buy and build” capability for algo trading

Horizon adds new algo trading strategy templates for clients to customise Horizon Software just announced that will give clients control over their algo trading strategies, with the ability to modify the built-in templates in the Horizon Platform for Automated Trading. The three new templates which can be modified are: Quote Reply Market Making, Hedge Volatility…

May 10, 2017 BY Valentina Kirilova

Forex broker Pepperstone signs up to iSignthis KYC / AML services

iSignthis Ltd (ASX:ISX) just announced that it has entered into an agreement with Pepperstone Group Limited, for Paydentity and Payment Gateway services, for the group's UK and Australian operations. ISX will supply Paydentity and Payment gateway for UK and Australia. iSignthis Ltd will announce integration and go live dates once they have been agreed with Pepperstone.…

May 09, 2017 BY LeapRate Staff

Plus500 statement on BaFin CFD regulation for Germany

FCA regulated Forex and CFD broker Plus500 Ltd (LON:PLUS) has added its voice to the general positive consensus of reaction to the new CFD brokerage and trading regulations put in place by Germany financial regulator BaFin. BaFin finalized new, relatively mild, rules for Forex and CFD brokerage, basically requiring just negative balance protection for German traders. No…

Category: Forex