Category: Forex

May 09, 2017 BY Valentina Kirilova

Settrade launches DCA function on streaming and "Settrade App"

Settrade.com Co., Ltd., an Internet trading platform and investment technology provider, has unveiled “Settrade DCA Order”, a new trading function that enables investors to invest in securities based on Dollar-Cost Averaging (DCA) technique, on its Streaming application. Settrade has also introduced “Settrade App”, the new application for iOS and Android, enabling investors to get up-to-date…

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IG Group office
May 09, 2017 BY LeapRate Staff

IG Group statement on BaFin CFD regulation for Germany

UK online trading leader IG Group Holdings plc (LON:IGG) has put out a statement to the effect that it welcomes the new CFD regulation 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 limits were…

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Sucden hires UBS FX exec Kirsty Gillies to head eFX Sales
May 09, 2017 BY Valentina Kirilova

Sucden launches OTC FX options service

International derivatives broker Sucden Financial has launched a new OTC FX options service. The new offering provides users with the ability to price their own option structures online and benchmark those prices against independent data for greater transparency. Having identified client requirements regarding liquidity, cost and the availability of independent pricing data, we realised that…

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May 09, 2017 BY Valentina Kirilova

Bats announces alternative to closing auctions

Bats, a CBOE Holdings, Inc. (NASDAQ:CBOE) company announced today that it is proposing to adopt a new, competitively priced alternative to the primary market closing auctions that take place at the end of the U.S. equities trading day, subject to regulatory approval. The creation of Bats Market Close (BMC), an end-of-day match process for non-Bats listed…

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cmc markets offices
May 09, 2017 BY LeapRate Staff

CMC Markets says it welcomes new Germany BaFin CFD regulation

UK based online brokerage house CMC Markets Plc (LON:CMCX) has put out a statement to the effect that it welcomes the new CFD regulation 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 limits were…

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Global Brokerage chapter 11 filing FXCM
May 08, 2017 BY LeapRate Staff

FXCM parent Global Brokerage Inc receives Nasdaq delisting notice

Adding to its mounting problems, Global Brokerage Inc (NASDAQ:GLBR) has announced that it has received a delisting notice from stock exchange Nasdaq. Global Brokerage, formerly FXCM Inc., is the publicly-traded holding company which now owns an effective 37% interest in operating company FXCM Group LLC. The remainder (or rather, majority) of FXCM Group is owned by…

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