Forex Industry Week Review: Binary options P2P exchange shut, InstaForex Russia license, Ireland CFD ban, and lots more… LeapRate

March 12, 2017 BY LeapRate Staff

Forex Industry Week Review: Binary options P2P exchange shut, InstaForex Russia license, Ireland CFD ban, and lots more…

Platforms shut down, offices opened and closed, executive hirings, regulator bans, joint ventures, new licenses, results good and bad... this week's Forex Industry News had it all. And once again, you read about the key stories exclusively or first at LeapRate. With that in mind, we wanted to take this opportunity to thank you, our readers.…

March 10, 2017 BY Valentina Kirilova

Dollar firms to seven week highs against the yen

The dollar hit seven-week highs vs the yen today, as investors awaited U.S. jobs data ahead of next week's Federal Reserve meeting, while weak inflation figures pushed the Norwegian crown to four-month lows against a stronger euro, Reuters reported. The single currency rose a third of a percent to a four-day high of $1.0619, having…

March 10, 2017 BY LeapRate Staff

Affiliate software used by Forex brokers: Cellxpert's Itamar Ronen speaks

LeapRate Exclusive Interview... It isn't easy to get big companies to implement your software for mission critical uses. And in the online trading business, where bringing in new clients is certainly essential, a broker's affiliate program - and the software running that program - can make the difference between success and failure. We thought then…

March 10, 2017 BY LeapRate Staff

Exness retail forex volumes down 7% in February to $249 billion

Exness also reported highest ever number of active clients during a calendar month at 42,423.

March 10, 2017 BY LeapRate Staff

LQD Markets bankruptcy update: $2.7 million repaid to clients, expected deficiency of $2.9 million

Special administrator RSM Restructuring Advisory LLP has filed an update on its work on the bankruptcy of retail forex broker LQD Markets. LQD Markets went belly-up in the wake of the January 2015 Swiss Franc spike - meaning that some former clients are still waiting for their money back, more than two years on. According…

March 10, 2017 BY Valentina Kirilova

Jacob Frenkel appointed to CME Group's Competitive Markets Advisory Council

Derivatives marketplace operator CME Group Inc (NASDAQ:CME) announced the appointment of a new member to its Competitive Markets Advisory Council (CMAC), Jacob Frenkel, Chairman of the Board of Trustees for the Group of Thirty (G-30), a private, nonprofit, international body comprised of financial industry leaders; as well as Chairman of the Board of Governors of…

March 10, 2017 BY LeapRate Staff

InstaForex subsidiary Fix Trade becomes seventh Bank of Russia Forex license recipient

LeapRate Exclusive... LeapRate has learned from filings made in Russia that the Bank of Russia has issued a seventh license to operate a retail forex brokerage operation in the country, to Fix Trade LLC. Fix Trade is a Russian subsidiary of InstaForex, an (otherwise) unlicensed retail forex broker focusing on the CIS countries and the…

March 09, 2017 BY LeapRate Staff

Gain Capital reports strong Q4 results, but multi-year low Forex volumes in February

Retail forex broker Gain Capital Holdings Inc (NYSE:GCAP) has reported its 2016 year-end and Q4 financial results, as well as trading volume metrics for the month of February 2017. And, the results are very mixed. On the one hand, Q4 was a very strong one at Gain Capital and its Forex.com retail FX unit, following…

March 09, 2017 BY LeapRate Staff

JFD Brokers launches new, visually-oriented website

Continuing a theme we are seeing from a number of leading retail forex brokers over the past few months, CySEC-regulated JFD Brokers has just announced a redesign of its website with what it calls a 'clean design'. The trend in Retail Forex, certainly compared to the Home Pages of brokers in the not-so-distant past, is…

March 09, 2017 BY Valentina Kirilova

GTX hires Citigroup veteran Ed Schwartz for FX Agency Sales

GAIN GTX LLC (GTX), a registered swap dealer, has hired Ed Schwartz as Managing Director, Agency Sales. Prior to joining GTX, Ed Schwartz was at Citi, where he was responsible for covering global macro and real money accounts. He previously held senior sales and trading roles at Bank Julius Baer, JP Morgan and Bankers Trust-Deutsche Bank.…

Category: Forex

Forex Industry Week Review: Binary options P2P exchange shut, InstaForex Russia license, Ireland CFD ban, and lots more…

Dollar firms to seven week highs against the yen

Affiliate software used by Forex brokers: Cellxpert's Itamar Ronen speaks

Exness retail forex volumes down 7% in February to $249 billion

LQD Markets bankruptcy update: $2.7 million repaid to clients, expected deficiency of $2.9 million

Jacob Frenkel appointed to CME Group's Competitive Markets Advisory Council

InstaForex subsidiary Fix Trade becomes seventh Bank of Russia Forex license recipient

Gain Capital reports strong Q4 results, but multi-year low Forex volumes in February

JFD Brokers launches new, visually-oriented website

GTX hires Citigroup veteran Ed Schwartz for FX Agency Sales

FINRA Fines Cantor Fitzgerald for Regulation Notification Failures

Deutsche Börse’s Eurex Announces Launch of Futures on the MSCI Korea Index

Beeks Financial Cloud Group Announces ‘Significant’ Proximity Cloud Wins

CME Average Daily Volume Hits New Heights in Q2

ICE Sets New H1 Record for Volumes Traded