February 13, 2017 BY LeapRate Staff
Drew Niv and Brandon Mulvihill withdraw from FXCM UK board
Does this portend a departure of Drew Niv from FXCM altogether?
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February 13, 2017 BY Valentina Kirilova
Gain Capital institutional arm GTX to use Ideal Prediction's analytics
GTX, the institutional foreign exchange (FX) arm of Gain Capital Holdings Inc (NYSE:GCAP), and Ideal Prediction, an independent trading analytics and data science company, are offering clients FX data and advanced analytics to optimize their FX trading. The market data, tools, and services enable buy-side and sell-side market participants to optimize profitability and simulate strategies…
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February 13, 2017 BY Valentina Kirilova
Just2Trade releases MT5 multi asset integration solution
Forex trading platform developer MetaQuotes just announced that the pool of liquidity providers for MetaTrader 5 is expanding. In the wake of the brokers' interest in the platform, Just2Trade Online Ltd has released an integration solution based on the MetaTrader 5 Gateway to MetaTrader 5. According to Just2Trade Head of Operations Evgeny Zhilin, this is…
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February 13, 2017 BY LeapRate Staff
Forex brokers actively looking to poach FXCM clients, IBs and Affiliates - LeapRate Exclusive
LeapRate Exclusive... It isn't often that a large block of active retail forex traders (or IBs) come up for grabs. So when it happens, it shouldn't really come as a surprise that rival retail forex brokers do all they can to get a piece of that action. This is, after all, an industry more dependent…
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February 13, 2017 BY Valentina Kirilova
Turkey looks to boost the Lira by allowing FX based securities for foreign issuers
Turkey’s treasury is set to pave the way for foreign investors to issue foreign exchange-based securities as part of the Istanbul Finance Center project, in a move to attract more foreign investors into the country’s capital markets, Hurriyet Daily News has announced. Deputy Prime Minister Mehmet Şimşek commented: Foreign investors and issuers can make transactions…
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February 13, 2017 BY LeapRate Staff
Invast adds Andrew Pal and Cassandra Lister as Prime Broker and Investment Banking advisors for Asia
Australia based international forex broker Invast Global has announced the appointment of industry veterans Andrew Pal and Cassandra Lister as specialist consultants, further strengthening the firm’s Asian prime brokerage and Liquidity offering. With a distinguished, twenty-year career at UBS under his belt, most notably as the Executive Director & CEO of UBS Futures Singapore, Andrew Pal…
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February 13, 2017 BY LeapRate Staff
ADS Securities adds Hong Kong SFC Type 6 Corporate Finance license
The license will allow ADS to act as financial advisor in Hong Kong for M&A transactions, fundraising and other corporate activities.
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February 13, 2017 BY LeapRate Staff
Spotware's cTrader platform adds trading with hedging accounts via FIX API
Forex and CFD technology solutions provider Spotware Systems has announced its most recent update for its cTrader platform, trading with hedging accounts via FIX API. The scope of cTrader’s FIX API now includes application messages for Request for Positions and Position Report to allow traders to manage open positions through FIX API. In August 2016…
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February 13, 2017 BY LeapRate Staff
FXCM US clients: Revenues $52 million, EBITDA loss $12 million, Net Loss $18 million
Retail forex broker FXCM Inc (NASDAQ:FXCM) filed early Monday some more details regarding the US clients it is offloading to rival Gain Capital Holdings Inc (NYSE:GCAP). The sale is occurring after FXCM and its CEO Drew Niv were issued a ban from the US forex market, following settlement of allegations that FXCM defrauded its customers over…
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February 09, 2017 BY LeapRate Staff
FCA holds secret roundtable with Forex and CFD brokers on leverage and bonus issues - LeapRate Exclusive
LeapRate Exclusive... LeapRate has learned that a secret, invitation-only meeting was held yesterday in London between the FCA and senior representatives from several of the leading regulated Forex and CFD brokers in the UK. The meeting was meant to help clear the air between the regulator and the brokers regarding the way the FCA 'surprised'…
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