Category: Forex

forex industry news update
May 21, 2017 BY LeapRate Staff

Forex Industry Week Review: FXCM new CEO and mega contracts, Exness FCA license upgrade, Binary Options chief arrested, and lots more…

It was one of those weeks in Forex Industry News where things were 'all over the place'. We saw senior executive moves at ADS Securities, ArgusFX, and of course FXCM parent Global Brokerage Inc, which finally replaced CEO Drew Niv. There were regulatory actions. And, the arrest of the owner of a Binary Options brokerage…

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May 19, 2017 BY LeapRate Staff

Finotec reports another slow year: Revenues £1.26 million, Profit £211,000

LeapRate Exclusive... LeapRate has learned via regulatory filings that FCA regulated FX liquidity and technology solutions provider Finotec has reported Revenues of £1.26 million and Net Profit of £211,000 in 2016. While an improvement over 2015 (Revenues £1.1 million, Net Loss £158,000), activity remained very slow in 2016 at one of the original players in Retail Forex. Finotec…

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May 19, 2017 BY Valentina Kirilova

OTC Markets Group welcomes Forbes Energy Services to OTCQX

OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, today announced Forbes Energy Services Ltd. (OTCQX: FLSS), an independent oilfield services contractor, has qualified to trade on the OTCQX® Best Market. Forbes Energy Services upgraded to OTCQX from the Pink® market. Forbes Energy Services begins trading today on…

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NSD and Interfax launch Single Disclosure Window product
May 19, 2017 BY Valentina Kirilova

Russia's NSD launches a service for prioritizing instructions when settling securities transactions

National Settlement Depository (NSD), Russia’s central securities depository, has launched a service allowing for the prioritization of the execution of instructions when settling securities transactions on a DVP basis (transaction code 19/0) or a FOP basis (transaction code 16). The prioritization service complies with international central securities depositories’ practice, increases settlement efficiency, and allows clients…

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May 18, 2017 BY Valentina Kirilova

UpTrader releases a portfolio of MetaTrader 5 brokerage solutions

The UpTrader integrator announced that has launched a portfolio of ready-made solutions for companies offering the latest-generation multi-asset platform Meta Trader 5. UpTrader is a technology provider with 10 years of experience creating products that comply with specific requirements set by brokers. The company offers a wide range of modules and individual solutions necessary for…

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May 18, 2017 BY Valentina Kirilova

IPC collaborates with OneAsia to provide financial market connectivity into China

IPC Systems, Inc., a global provider of secure, compliant communications and networking solutions for the financial markets community, today announced a collaboration with OneAsia, a provider of connectivity, data centre, managed cloud and technology infrastructure services in Asia, to equip investors around the world with the connectivity and technology critical for reliable, secure participation in…

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bitcoin futures
May 18, 2017 BY Valentina Kirilova

ICAP relative value team ICRV now offers Eris Swap Futures

The ICRV brokerage team of ICAP announced that now offers electronic and voice brokered Eris Swap Futures. ICRV is a market broker focused on relative value (RV) extending its trading algorithms and expertise to a global client base. Eris is now on their growing list of liquid markets. ICRV can execute custom strategies across fixed…

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