Category: Forex

June 07, 2018 BY LeapRate Staff

Plus500 increases expectations for 2018 results driven by crypto CFD trading

After reporting an absolutely monster Q1 which saw it more than double its previous best quarterly Revenues, to $297 million, CFD broker Plus500 Ltd (LON:PLUS) has issued a mid-quarter Trading Update stating that its business continues to trade strongly. Accordingly, the Plus500 Board has materially increased its expectations for the group's financial performance for the year…

Read more
June 07, 2018 BY LeapRate Staff

RoboMarkets adds US share trading in its R Trader terminal

RoboMarkets Ltd, the CySEC licensed arm of global FX brokerage group RoboMarkets, has announced that it has opened access to new trading instruments in its multi-asset R Trader terminal. From now on, RoboMarkets clients can start investing in real stocks from the largest American stock exchanges, and also take part in all corporate events as…

Read more
June 06, 2018 BY LeapRate Staff

ESMA Q1-2018 securities market Risk Dashboard cites ICOs, Binary Options and CFDs

Pan-European financial regulator European Securities and Markets Authority (ESMA) has issued today the latest iteration of its Risk Dashboard, covering risks in the EU’s securities markets for Q1-2018. Overall, ESMA stated that its overall risk assessment remains unchanged from Q4-2017, at high levels. ESMA said that it remains concerned about risks posed to investors, which have…

Read more
June 06, 2018 BY LeapRate Staff

FXCM May FX trading volumes up 15% MoM to $212 billion

Continuing the string of strong FX volume reports we have seen from across the Retail and Institutional trading world for the month of May 2018, retail broker FXCM has announced that its volumes in May were up 15% month-over-month, $212 billion versus $184 billion in April. We are expecting a (quiet) rebranding of FXCM in…

Read more
June 06, 2018 BY Valentina Kirilova

Trunomi teams up with Shyft Network, launch power Global ID and KYC

Trunomi, the consent framework and data rights management solution, has announced its official partnership with Shyft, a comprehensive blockchain-based digital ID solution for Know Your Customer (KYC) and Anti Money Laundering (AML) compliance. Together, they plan to leverage Shyft’s blockchain technology with Trunomi’s expertise in consumer consent frameworks to implement an innovative e-ID (electronic ID)…

Read more
June 06, 2018 BY LeapRate Staff

Invast Global becomes AFMA member and commits to the FX Global Code

Sydney, Australia based boutique prime broker Invast Global has announced that it has signed and issued a Statement of Commitment to the FX Global Code of Conduct. The announcement comes shortly after the firm was officially voted in as an institutional member of the Australian Financial Markets Association (AFMA). The Australian Financial Markets Association (AFMA) was…

Read more
June 05, 2018 BY Valentina Kirilova

INTL FCStone introduces web-based platform FXePrice

INTL FCStone Inc. (NASDAQ: INTL) has just announced that its London-based subsidiary, INTL FCStone Ltd's Global Payments Division ("the Company"), has introduced FXePrice, a proprietary web-based platform allowing the Company's local currency liquidity providers to streamline executable prices in 140 currencies and 175 countries. The Company has released the platform to select members of its…

Read more
June 05, 2018 BY LeapRate Staff

AxiTrader hires GBST executive Patrick Salis as CFO, Simon Hodgkiss becomes CRO

Australia based Retail FX brokerage group AxiCorp, which operates the AxiTrader brand, has announced a management shakeup which has seen the company hire Patrick Salis as the company's new Chief Financial Officer, replacing longtime CFO Simon Hodgkiss. Mr. Hodgkiss will remain at AxiTrader, taking on the newly created regulatory-focused role of Chief Risk Officer (CRO). Patrick…

Read more
June 05, 2018 BY Valentina Kirilova

HSBC, Morgan Stanley, Citi and JPMorgan execs elected to CLS board

CLS, a market infrastructure group delivering settlement, processing and data solutions, has just announced that four new directors were elected to its Board of Directors at the CLS Annual General Meeting (AGM) on 8 May 2018. The new additions to the Board include: Vincent Bonamy: Mr. Bonamy is currently Managing Director, Head of Global Intermediary…

Read more