Swiss forex broker Dukascopy has published its Annual Report for 2016, which includes some fairly interesting insights into the company's business, and its results over the past few months. The STP broker reported that for the full year 2016 Revenues were down 5% from 2015, coming in at CHF 33.2 million (and with the USD…
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Leading Australia-based retail forex broker Pepperstone has announced a series of margin / leverage changes for its trading clients, which will take effect later this week ahead of next Sunday's second round of voting to select a new President in France. According to Pepperstone, the election will be a major test for the European Union…
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LeapRate Exclusive Interview... It hasn't been easy running a Retail Forex brokerage lately. Regulatory changes, technology which is constantly changing, ever increasing competition... Continuing our series of discussions with various industry leaders, we are pleased to present our recent conversation with Olga Rybalkina, CEO of CySEC regulated FXTM. Olga has quite a lot to say…
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LeapRate Exclusive... It looks like the folks at CySEC have been busy. And, despite CySEC's introduction late last year of more strict rules governing the operations of retail forex brokers - e.g. no bonuses, limited leverage, call center location... - the desire for brokers to become licensed in the EU via Cyprus remains in high…
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Japanese online trading company Monex Group Inc. (TYO:8698) just announced its financial results for fiscal year ended March 31, 2017. The highlights are: Japan segment Segment profit of JPY 1,768M, which is 70% decrease YoY in FYE Mar. 2017, due to decrease in stock and FX trading volume and increase in costs for parallel operation…
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Investment firm Leucadia National Corp (NYSE:LUK) has issued its Q1 results report, which included some interesting updates on its $300 million loan to retail forex broker FXCM. Leucadia lent the money to FXCM back in January 2015, enabling FXCM to overcome a $276 million loss it took in the form of unrecoverable negative client balances following…
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Retail Forex broker Alpari Limited announced that by the end of March 2017 its trading turnover across the key markets in which it operates came to 110.6 billion USD. This marks an improvement of over 17% compared to February. Turnover increased on the majority of traders' and investors' most popular currency pairs. More specifically, the…
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Swiss interdealer broker Compagnie Financière Tradition (SWX:CFT) reported first-quarter consolidated revenue of CHF 213.4 million compared with CHF 219.5 million in same period in 2016, up 0.2% in constant currencies. At current exchange rates, consolidated revenue showed a decrease of 2.8%, impacted by the weakness of pound sterling compared to the same period last year.…
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Copenhagen based multi asset broker Saxo Bank has announced that it will be raising margin requirements on client accounts over the weekend of the second round of the French Presidential election. While in normal markets most major currency pairs can be traded at Saxo Bank with leverage of 100x (or a 1% margin requirement), next…
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In October 2016, Copenhagen based multi asset broker Saxo Bank launched electronic bond trading for mid-sized institutions and retail investors, covering over 5,000 government and corporate bonds across developed and emerging markets. The idea behind the launch was to make trading of liquid bonds more efficient through a full digital value chain by routing Saxo’s…
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