Trafigura PTE Ltd chooses AxiomSL for its global trade and transaction reporting provider LeapRate

April 24, 2017 BY Valentina Kirilova

Trafigura PTE Ltd chooses AxiomSL for its global trade and transaction reporting provider

AxiomSL, the global provider of regulatory reporting and risk management solutions announced today that Trafigura PTE Ltd, a commodity trading firm, will begin using AxiomSL’s platform for its global trade and transaction reporting. Trafigura PTE Ltd will roll-out AxiomSL’s solution across a multitude of trade and transaction reporting regimes, including Dodd-Frank, MAS, REMIT and EMIR…

April 24, 2017 BY Valentina Kirilova

Plato Partnership and LiquidMetrix co-operate to assess block trade performance

Plato Partnership Limited, a not-for-profit company bringing solutions and efficiencies to today’s equity marketplace, announced its intention to enter into a cooperation agreement with LiquidMetrix, an execution specialist and an operating division of Strategic Insight (SI). Under this new partnership, the two companies will research, design and implement a stronger methodology for assessing block trade…

Crude oil prices could bounce as Coronavirus panic settles

April 24, 2017 BY Valentina Kirilova

Oil recovers lost ground, market still under pressure

Oil prices recovered ground on Monday following last week's big losses, driven by expectations that OPEC will extend a pledge to cut output to cover all of 2017, although a relentless rise in U.S. drilling capped gains, Reuters reported earlier today. U.S. West Texas Intermediate (WTI) crude oil futures CLc1 added 26 cents, or 0.5%,…

April 23, 2017 BY LeapRate Staff

French Elections and Forex: Exit polls are a French asset and Euro positive outcome

The following is based on research from Peter Rosenstreich, Head of Market Strategy at Swissquote Group Holding SA (SWX:SQN). If the current French Presidential exit polls are correct, then they are showing a very market-friendly result. The failure of Marine Le Pen or Jean-Luc Melenchon to surge on voting day should be viewed as a vote for…

April 23, 2017 BY LeapRate Staff

Forex Industry Week Review: GCMFX bankruptcy, GO Markets CEO in, TechFinancials COO out, and lots more...

Management changes continued to dominate Forex Industry News this week, with all the key changes reported first or exclusively at LeapRate. In more detailed coverage, we unveiled what seems to be behind the bankruptcy of retail forex broker GCMFX - and it certainly wasn't what the company is claiming. Politics also made its way into…

April 21, 2017 BY Valentina Kirilova

Turquoise Plato announces solution to liquidity issues facing small businesses

Plato Partnership Limited, a not-for-profit company bringing creative solutions and efficiencies to today’s equity marketplace, and Turquoise, the European multilateral trading facility, today announce their intention to develop a mechanism that allows users to call a liquidity event for less liquid securities, including small and medium-sized enterprises (SMEs). SMEs are a vital driver of growth…

France enters the blockchain ‘arms race’ with largest European incubator

April 21, 2017 BY LeapRate Staff

Forex brokers cutting leverage ahead of Sunday's Presidential election in France

LeapRate has learned that a number of leading retail forex brokers are altering trading conditions in advance of this Sunday's French elections. The first round of polling is not expected to elect a new President, with the expected final runoff between the two top vote-getting candidates set to take place two weeks later, on Sunday…

April 21, 2017 BY Valentina Kirilova

KCG announces Q1 2017 earnings, Virtu Financial Inc. acquires all shares of KCG's Class A Common Stock

KCG announces consolidated earnings of $0.05 per diluted share for the first quarter of 2017 KCG Holdings, Inc. (NYSE: KCG) today announced that it has reached a definitive agreement for Virtu Financial, Inc. (NASDAQ: VIRT) to acquire all outstanding shares of KCG's Class A Common Stock for $20.00 per share in cash. The price represents…

April 21, 2017 BY Valentina Kirilova

MT5 lands first German client in Forex and CFDs group FXFlat / CapTrader

Forex trading platform developer MetaQuotes has just announced that the first MetaTrader 5 broker in Germany is the company FXFlat. The advent of MetaTrader 5 is going full speed with FXFlat becoming the first German broker to offer an alternative for MetaTrader 4. The company is a full-fledged STP broker regulated by the Federal Financial…

April 21, 2017 BY Valentina Kirilova

Bloomberg and Bats Europe announce joint initiative on MIFID II reporting

Bloomberg and Bats Europe, a CBOE Holdings Inc. (NASDAQ: CBOE) company, have announced they plan to provide Bloomberg customers with the ability to use their respective Approved Publication Arrangements (APA) to fulfil MiFID II transparency reporting requirements. Under MiFID II, market participants are facing a steep increase of reporting tasks they need to manage, for…

Category: Forex