Category: Forex

April 03, 2017 BY LeapRate Staff

IS Prime launches PredatorWatch for forex brokers to identify toxic clients before they trade

Following its recent acquisition of  risk management solutions provider ThinkLiquidity, brokerage solutions provider IS Prime has announced the launch of a new product called PredatorWatch, out of its newly minted division IS Risk Analytics (ISRA). ISRA's PredatorWatch is meant to help brokers to identify toxic clients before or shortly after they trade. PredatorWatch uses ISRA’s wide client…

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ic markets fx volumes
April 03, 2017 BY Valentina Kirilova

Australia retail forex broker IC Markets reports record volumes of $234 billion for March

ASIC regulated Retail Forex broker IC Markets has announced today that it has yet again registered a record month for trading volumes in March 2017. March volumes totalled US$234 billion. Sydney-based IC Markets does not usually report its monthly volumes – last time its best-ever month was November 2016 at $188 billion. According to IC Markets’ Managing…

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April 03, 2017 BY LeapRate Staff

New Zealand to require Spot Forex, CFD and Binary Options brokers to obtain a Derivatives License

New Zealand financial regulator The Financial Markets Authority (FMA) has issued a statement today confirming that it plans to require all brokers offering spot forex, CFD and binary options trading to obtain a derivatives license in the country. Until now, all 'short-term' derivatives trading was exempt from FMA licensing. The move, marking a change in…

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GTX forex volumes
April 03, 2017 BY LeapRate Staff

GTX sees record forex ECN volumes in March, up 23% MoM

GTX, the institutional FX arm of retail forex broker Gain Capital Holdings Inc (NYSE:GCAP), has reported that March trading volumes in its system increased nicely from what was a fairly quiet February. 2017 started off extremely strong at GTX, with record ECN / SEF volumes of $12.1 billion ADV in January. However trading activity cooled…

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forex industry news update
April 02, 2017 BY LeapRate Staff

Forex Industry Week Review: Binary Options brokers leave Cyprus, IKON transfer to Hantec, Australia client money rules, and lots more…

It was another very busy and exciting week of Forex Industry News, with all the key stories appearing first or exclusively at LeapRate. Forex and Binary Options brokers suspended in Cyprus and the UK, key executive moves, new law passed (in Australia) for handling retail client money, results from key brokers - this past week…

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March 31, 2017 BY Valentina Kirilova

UK Bond Network launches Innovative Finance ISA

FCA-authorised UK Bond Network (UKBN), the alternative finance provider that specialises in structuring and distributing investment opportunities in secured corporate bonds, has launched its Innovative Finance ISA (IFISA) following regulatory approval. UK Bond Network is among the few peer-to-peer platforms to have been approved to date and has partnered with Goji, a specialist builder of P2P…

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March 31, 2017 BY Valentina Kirilova

BrokerTec Europe completes e-MID SIM SpA acquisition

BrokerTec, NEX Group (LON:NXG)’s global electronic fixed income trading platform, announced today that following Bank of Italy approval it has completed the transaction to acquire a majority stake in e-MID SIM SpA (e-MID), the first Italian electronic central limit order book (CLOB) platform for interbank deposits and Overnight Indexed Swaps (OIS). The transaction offers BrokerTec…

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