Marex Spectron, the global commodities broker, today announced record profits before tax of $27.0 million for the year through to 31 December 2016, a 53% increase on the $17.6 million reported in 2015, and maintains the firm’s positive earnings trajectory. Adjusted EBITDA for the year was also a record $37.1 million, compared with $31.0 million…
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LeapRate Exclusive Interview... The issue of transparency and fairness in the FX markets has been a hot one of late, with many institutional and retail players making changes in the way they trade and hedge (and with whom they trade and hedge) as a result. We are pleased to speak today on these topics and…
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Independent data, research and analysis provider Orca announced the launch of their new platform, aimed at helping financial advisers and sophisticated investors clearly visualise and seize the opportunities within the P2P market. The platform will allow users to perform in-depth due diligence on P2P investments, benchmark them in a way they would traditional asset classes,…
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Fineqia International Inc. (CNSX:BGO) announced that former managing director at the Indian subsidiary of Copenhagen based multi asset brokerage Saxo Bank A/S Rudra Dalmia has joined its board of advisors. Rudra Dalmia is a seasoned investment professional with more than 15 years experience in private equity, financial services and investment banking across Asia, Europe and the United States.…
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Russia-based integrator B2Broker announced that has started the development of institutional solutions for MetaTrader 5. The company creates high-quality solutions for brokers worldwide. Among B2Broker clients are individual investors, large licensed brokers, banks, hedge funds and professional managers. The most notable B2Broker turnkey solutions for MetaTrader 5 brokers include: Trader's room. A ready-made module for…
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CBOE Holdings, Inc. (NASDAQ: CBOE) just announced that the CBOE Futures Exchange (CFE) will be the first of the CBOE Holdings exchanges to migrate onto the Bats technology platform, with an expected switch-over on Sunday, February 25, 2018. The migration of the C2 and CBOE options exchanges will follow, with those dates to be announced…
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London-based online trading firm CMC Markets Plc (LON:CMCX) has issued a Trading Update for its Fiscal 2017 second half, which covers the six month period of October 1, 2016 – March 31, 2017. CMC has a March 31 fiscal year end. While CMC did not disclose any specific revenue, volume or earnings figures, it did…
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LeapRate recently caught up with Spotware Systems, the rising trading platform and forex technology company who has matured into the market by offering cutting edge platforms. The firm's advantage over others is its continuous engineering and refining of the software. This allows the company to retain traders once they switch to cTrader and produces positive…
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Belize financial regulator IFSC (International Financial Services Commission) has issued a warning regarding retail forex brokerage firm Premium Point Market, operating from website premierfxmarket.com. It has come to the notice of the IFSC that an entity calling itself Premier Point Market is falsely claiming to be registered in Belize. The representation made on the broker's website…
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LeapRate Exclusive... LeapRate has learned that FCA regulated FX broker IKON Finance has decided to exit the Retail Forex sector, to focus solely on institutional clients and services. In addition, due to regulatory restrictions which have been imposed on IKON by the FCA, IKON is no longer accepting any new clients. IKON has been instructed by…
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