Retail forex broker FXTM has announced its sponsorship of the Sahara Force India Formula One team to become the “Official Forex Partner” for the 2017 season. FXTM has been very creative with its sports sponsorships. The company also backs world record BASE jumper Valery Rozov. The Sahara Force India Formula One team jumped onto the watch list…
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CLS Group (CLS), a provider of risk mitigation and operation services for the global foreign exchange (FX) market, and TriOptima, a NEX Group (LON:NXG) business which lowers costs and mitigates risk in OTC derivatives markets, just announced that counterparties have eliminated US$1 trillion in gross notional value from their FX forward and swap portfolios using…
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FX Junction, the world's largest open social trading network for Forex traders just announced that has expanded its language offering with the addition of Bahasa Indonesia. Matus Bajko, Head of Software Development, stated: We are continually adding new languages to support our global expansion and Indonesian Social Traders represent a rapidly growing community on FX…
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Forex trading platform developer MetaQuotes just announced several updates have been made in MetaTrader 5 platform. The highlights are the fast switching between windows and changing price values with the mouse wheel. Terminal Fast switch between the 'Toolbox' and 'Strategy Tester' windows. New option allows editing prices and volumes of orders using the mouse wheel: Now,…
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Deutsche Boerse's Clearstream just announced that phase 2 of the Bridge enhancements will be effective on 19 June 2017. The main goal will be to further improve the matching process to near real-time and to almost triple the number of inter-ICSD settlement transmissions. These enhancements will be brought about by the introduction of a rolling…
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We continued to bring LeapRate readers exclusive coverage and analysis of the continuing drama surrounding FXCM Inc (NASDAQ:FXCM) in this week's Forex Industry News, as the company continues to deal with the aftershocks of its ban from the US forex market. Data on FXCM's US operations, another regulatory fine, changes at the FXCM UK board, competitors…
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Hong Kong-based social trading startup 8 Securities has launched a mobile-only robo-adisory service targeting the millennial generation that constructs portfolios with exchange traded funds (ETFs) listed on the Tokyo Stock Exchange (TSE). Back in December, LeapRate reported on the official launch of the robo-advisor app. Available on iOS and Android, Chloe first asks users to complete…
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CBOE Holdings, Inc. (NASDAQ: CBOE) and Bats Global Markets, Inc. (Bats: BATS) announced that the companies expect to complete CBOE Holdings' acquisition of Bats Global Markets on February 28, 2017. Earlier this month, CBOE Holdings received its final remaining regulatory approval from the United Kingdom's Financial Conduct Authority (FCA), meaning that all U.S. and European…
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Information giant Thomson Reuters Corp (NYSE:TRI) announced that Shawn Malhotra has been appointed Vice President of the new Thomson Reuters Toronto Technology Centre. In this role, Shawn will help drive the centre’s focus on emerging skills such as cognitive computing, visualization, user experience and cloud development. Located in Bremner Tower, the Toronto Technology Centre co-locates…
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Bats Global Markets (Bats:BATS) and TRAFiX, a fintech company and innovator in next-generation Order and Execution Management Systems, today announced TRAFiX will offer access to the Bats Auction Mechanism (BAM), launched last year on the exchange group’s EDGX Options Exchange. BAM is an options auction process that provides Members with an opportunity for price improvement for…
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