The following article was written by Luis Aureliano, a business writer and financial analyst. With over 15 years of experience in global finance and an MBA in economics and management, Luis’s areas of expertise include business, marketing, communications, personal finance, macro economics, stocks and emerging markets. European Union law will no longer be the law…
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Shortly after the announcement of the Mauritius office opening, the retail Forex broker Alpari Limited shared another news regarding its expansion. myAlpari, in addition to other key services, is now available in Malaysian. The Malaysian version of Alpari's website will be launched in the coming days, allowing its clients from Malaysia to receive complete and…
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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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Bats Europe, a CBOE Holdings Inc. (NASDAQ: CBOE) company, just announced it has expanded its trade reporting facility, BXTR, to offer a new service that enables buyside firms to meet their trade reporting obligations under MiFID II. The new service, an assisted reporting model, allows buy-side firms to enable their brokers to submit trade reports on…
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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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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, 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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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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Forex ECN FastMatch is reporting that volumes in its system increased during March by 16% MoM, to average $19.2 billion ADV for the month. That makes March 2017 FastMatch's best ever month for trading volumes, handily topping the company's previous best of $17.1 billion ADV set in November 2016. FastMatch's good results come at…
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Institutional Forex ECN Hotspot FX has reported that March trading volumes increased by 10% MoM over February, clocking in at $29.7 billion average daily volume for the month. That also makes March Hotspot's second-best volumes month over the past year-plus, behind only November 2016's $30.4 billion, which was driven by high market volatility around the…
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