Saxo Bank hires Sberbank executive Damian Bunce as its new Chief Client Officer LeapRate

January 15, 2018 BY LeapRate Staff

Saxo Bank hires Sberbank executive Damian Bunce as its new Chief Client Officer

Copenhagen based multi asset broker Saxo Bank has made another senior addition to its executive management team, announcing the appointment of Damian Bunce as the company's new Chief Client Officer (CCO). Mr. Bunce's appointment becomes effective February 19, 2018. He joins Saxo Bank’s executive team and will report directly to Kim Fournais, CEO and Founder.…

January 15, 2018 BY Valentina Kirilova

Plus500 welcomes FCA's 'Dear CEO' letter

FCA regulated CFD broker Plus500 Ltd (LON:PLUS) informed that it takes note of the contents of a "Dear CEO letter" that the Financial Conduct Authority (FCA) has issued last week as a public announcement following its review of the CFD market. The announcement highlights the FCA's concerns regarding firms who offer and distribute CFDs to retail…

January 14, 2018 BY LeapRate Staff

Saxo Bank reports slow December with multi asset volumes down 26% MoM to $289 billion

Following a strong November which saw its most activity of the year, Copenhagen based multi asset broker Saxo Bank has reported that it ended 2017 with a somewhat slow month of December. December volumes totaled $289 billion at Saxo Bank, down 26% from November's $388 billion. FX volumes comprised 68% of the total in December…

January 14, 2018 BY LeapRate Staff

FX Industry Week Review: FBI investigates Binary Options fraud, MT4 sales stopped, Pepperstone exec leaves, and lots more…

As 2018 trading pulled into full swing with the new year's first complete week of activity, so did Forex Industry News. And, carrying over from last year, all the key stories appeared only at LeapRate including two key executive moves involving some of the world's leading FX brokers. Who's in and who's out after a…

January 12, 2018 BY Valentina Kirilova

FIA Tech launches Secure Lockbox for indirect clearing data

Another news from FIA Tech today, the company announced the expansion of its Owner & Controller Repository (OCR) service to securely and confidentially store data for firms offering indirect clearing services under MIFID II. The new Indirect Clearing Lockbox capability allows indirect clearers to store their client account data securely to be accessed by their…

January 12, 2018 BY Valentina Kirilova

EIB to finance a boost in production levels in Bulgaria with a €100 million loan

Bulgarian Presidency begins with EIB loan of EUR 100 million under Juncker Plan for agri-pharma business Huvepharma The European Investment Bank (EIB) loan guaranteed by the European Fund for Strategic Investments (EFSI) will create more than 200 jobs in rural areas and strengthen the agriculture sector in Bulgaria. The deal was signed in Sofia in…

January 12, 2018 BY Valentina Kirilova

MetaQuotes stops selling MT4 platform licenses

Forex trading platform developer MetaQuotes just announced that it has stopped selling MetaTrader 4 platform licenses to new customers. The MetaTrader 4 trading platform was released more than 12 years ago. Its architecture was designed under the limitations of that time, due to which it is no longer possible to implement new features that meet today's…

January 12, 2018 BY LeapRate Staff

Exclusive: Institutional Forex broker GMI hires Exness executive John Taylor as UK COO

LeapRate Exclusive... LeapRate has learned that institutional FX broker Global Market Index (or 'GMI') has hired former Exness executive John Taylor as COO of its FCA regulated UK operation, Global Market Index Limited. John Taylor served as CFO of Exness for the past three years, and helped spearhead the launch of Exness' UK operation and FCA…

January 12, 2018 BY Valentina Kirilova

Global Brokerage receives 79% yes votes to move forward with reorganization

Global Brokerage, Inc. (NASDAQ:GLBR), formerly known as FXCM Inc, announced that, after receiving votes from approximately 78.5% of the holders of its 2.25% Convertible Notes due 2018 (the "Current Notes") unanimously approving its proposed, prepackaged plan of reorganization (the "Plan"), Global Brokerage has filed a voluntary petition for reorganization under Chapter 11 of the Bankruptcy…

January 12, 2018 BY Valentina Kirilova

FIA Tech goes live with MiFID II Position Limits Databank and spot month calendar

FIA Tech has announced the expansion of its Position Limits Databank service to encompass position limits for commodity derivatives as set by European regulators under MiFID II. The enhanced position limits service went live as planned ahead of the launch of MiFID II on January 3 2018. To date, seven exchange groups have issued MiFID…

Category: Forex

Saxo Bank hires Sberbank executive Damian Bunce as its new Chief Client Officer

Plus500 welcomes FCA's 'Dear CEO' letter

Saxo Bank reports slow December with multi asset volumes down 26% MoM to $289 billion

FX Industry Week Review: FBI investigates Binary Options fraud, MT4 sales stopped, Pepperstone exec leaves, and lots more…

FIA Tech launches Secure Lockbox for indirect clearing data

EIB to finance a boost in production levels in Bulgaria with a €100 million loan

MetaQuotes stops selling MT4 platform licenses

Exclusive: Institutional Forex broker GMI hires Exness executive John Taylor as UK COO

Global Brokerage receives 79% yes votes to move forward with reorganization

FIA Tech goes live with MiFID II Position Limits Databank and spot month calendar

First Southern Fined $250,000 by FINRA Over Compliance Failures

Daman Markets Unveils Dirham-Based UAE Stock Trading

HSBC Continental Europe to Sell French Portfolio of Home and Other Retail Loans

Euroclear’s Q2 Business Income Strong, But ‘Marked by Volatility’

Citi and Ant International Pilot AI-Enabled Forecasting Solution