The rebranding of FXCM Inc to Global Brokerage Inc (NASDAQ:GLBR), and the change of its NASDAQ ticker symbol from the eponymous FXCM to GLBR, hasn't exactly seemed to work. At least so far. Shares of FXCM / GLBR continued to fall in its first week trading under its new moniker, down 16% on the week. GLBR…
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Forex and commodities broker, HotForex, just announced that has launched the new design of its myHotForex Client Area. HotForex aims to smoothen its traders’ and affiliates’ experience when managing their accounts, making deposits or withdrawals. The new myHotForex area includes: responsive and user-friendly design extra convenient navigation straightforward access to key information fine-tuned functionalities, ease…
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Forex trading platform developer MetaQuotes just announced that T4B.com (formerly known as Tools for Brokers) has developed a set of solutions for the MetaTrader 5 trading platform to provide brokers with additional services and simplify their transition to the new technology. For the last seven years, the integrator team has been developing MetaTrader 4 plugins…
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Breaking Forex News... Ireland has become the latest country to crack down on leveraged Forex and CFD trading. The Central Bank of Ireland (CBI), which also acts as the country's financial regulator, has announced that is has published a consultation paper on distribution of CFDs, which include in its definition leveraged Forex pairs trading. The…
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LeapRate Exclusive… LeapRate has learned via regulatory filings that global investment bank Morgan Stanley (NYSE:MS) has increased its stake in CFD broker Plus500 Ltd (LON:PLUS) to 7.82%, up from 6.5% in mid February and 2.4% as at the end of last year. Plus500 shares, and those of other leading UK online brokers including IG Group…
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Fiserv, Inc. (NASDAQ: FISV), a global global provider of financial services technology solutions, has opened its third Contact and Servicing Center, expanding its business process outsourcing capacity by 22% into Lake Mary, Florida to meet the growing demand of automotive lenders and financial institutions for customer care, collateral management and back office functions. Fiserv has…
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It was another very busy week of Forex Industry News, with LeapRate once again bringing you exclusively the big stories of the week - Pepperstone UK suspending all trading, and ETX Capital making another acquisition. There were also a number of senior personnel moves this week involving ADS Securities, INFINOX, and JFD Brokers. Our most…
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Continuing its string of warnings against unregulated brokers and other scams targeting retail traders in Canada, Canadian securities regulator the Ontario Securities Commission (OSC) has added to its Warning List trading signals provider Scion Forex Account Management, operating as Scion Forex and doing business at website scionforex.com. The Scion Forex website shows the company having offices…
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m-FINANCE Limited, a Forex and Bullion trading solutions provider with headquarters in Hong Kong and operations throughout Greater China has announced a new strategic partnership with IG Group Holdings plc (LON: IGG) that allows m-FINANCE’s brokerage clients to access IG’s unique liquidity pool. With headquarters based in the UK, IG is the largest retail FX…
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Japanese online trading company Monex Group Inc. (TYO:8698) has reported its monthly business metrics for the month of February 2017, indicating a general decrease in activity from January. Overall at Monex, the number of Daily Average Revenue Trades (DARTs – the number of trades and transactions per day which generate revenue) was 262,809 in February –…
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