Geneva based Retail FX broker and bank Dukascopy has just announced that it has expanded the range of CFD indices and commodities. Chinese index to US Dollar (CHI.IDX/USD) and Gasoil to US Dollar (DIESEL.CMD/USD) have been added on DEMO environment. Maximum leverage on CHI.IDX/USD and DIESEL.CMD/USD is set to 1:100. More detailed information about trading…
Read moreWells Fargo Asset Management (WFAM) announced the launch of the Global Equity Absolute Return Fund, a sub-fund of the Wells Fargo (Lux) Worldwide Fund, on 26 April 2018. The new fund broadens the current international product suite. The fund is UCITS (Undertakings for Collective Investment in Transferable Securities) compliant and available to both institutional and…
Read moreVan Hawke Sports has just announced the launch of the world’s first Sports Marketing agency focused exclusively on the Foreign Exchange (FX) and Cryptocurrency sectors. Headquartered in Mayfair, London, Van Hawke Sports is founded by FX industry marketing veteran Sunny Singh. He has brought together a team of sports sponsorship and marketing specialists to provide…
Read moreTrading technology solutions provider TradAir has announced that it has appointed Viral Tolat as Chief Executive Officer. TradAir co-founder Ayal Jedeikin was leading the company, along with other members of the senior executive management team, after the previous CEO Illit Geller decided to step down in June 2017. With Mr. Tolat's being named CEO, Ayal Jedeikin will…
Read moreHorizon Software, the provider of electronic trading solutions and algorithmic technology, announced today its intention to expand into the growing Indonesian market during 2018. With the largest economy in Southeast Asia, Indonesia is hugely significant for the development of the region’s financial sector. Horizon has been working closely with a number of institutions in Indonesia’s…
Read moreForex Industry News this past week at LeapRate covered topics including... Which senior executives have left FX platform and technology provider Leverate? And Saxo Bank? Which former Retail FX broker CEO (Oanda, Alpari) has launched a new regulated cryptocurrency exchange called DX.Exchange, in partnership with NASDAQ? Who is behind INFLYX, which has launched regulated liquidity…
Read moreLeapRate Exclusive... LeapRate has learned that multi-asset electronic trading solutions provider smartTrade Technologies was hit by hackers last week, at its LD4 hosting location. Service was partially and intermittently not accessible to smartTrade clients in LD4 for several hours last Wednesday, May 9. At around 5:30pm UTC a smartTrade monitoring tool raised an alert at…
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LeapRate Exclusive... LeapRate has learned that FCA regulated FX prime broker Price Markets UK Ltd has hired experienced FX industry executive David Hastings as its new Managing Director. In his new role, Mr. Hastings will report to Price Markets co-founder and CEO Alex Talei. David Hastings was most recently an FX consultant, providing consultancy covering…
Read moreForex trading platform developer MetaQuotes just announced that oneZero Financial Systems has enhanced the DMA solutions for the MT5 platform. The new offer from the US-based integrator includes advanced price monitoring tools, enhanced maker connectivity, and an improved oneZero Liquidity Hub gateway. Direct Market Access (DMA) from oneZero Financial Systems enables sending buy or sell orders…
Read moreFCA regulated Retail FX and CFD broker DF Markets has reported that its Revenues increased by 9% in 2017 to £2.6 million (USD $3.5 million), versus £2.4 million in 2016. On the bottom line, DF Markets posted a net profit of £478,000, up from £94,000 the previous year. DF Markets is a trading name of…
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