Category: Forex

forex industry news update

September 10, 2017 BY LeapRate Staff

FX Industry Week Review: FIXI expands UK retail, new CySEC broker license, record results and volumes, and lots more…

As FX traders headed back to their desks from summer break, there was a plethora of FX Industry News to report including new FX broker licenses, executive moves, and results galore. And, you read about it all exclusively at LeapRate. Who took over control of institutional FX broker FIXI plc, as it looks to expand…

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September 08, 2017 BY Valentina Kirilova

Huntington Bancshares names Jana Litsey as New General Counsel

American bank holding company Huntington Bancshares Incorporated (NASDAQ: HBAN) today announced that Jana Litsey is joining the company as general counsel, following the retirement of Richard "Dick" Cheap at the end of the year after 19 years of service to the Bank, all as general counsel. Litsey, an industry veteran, will join Huntington from Bank…

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September 08, 2017 BY Valentina Kirilova

Capital One joins Snowflake’s Series D funding round

Snowflake Computing announced that Capital One Growth Ventures, the venture investing arm of Capital One Financial (NYSE:COF), has joined its latest round of growth funding, bringing Snowflake’s Series D round to a total of $105 million. The Series D round was announced in April of 2017, led by ICONIQ Capital and accompanied by Madrona Venture…

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September 08, 2017 BY Valentina Kirilova

Visa appoints former Bank of England executive Charlotte Hogg as CEO of European Operations

Multinational financial services corporation Visa (NYSE:V) announced today it has appointed Charlotte Hogg as the new executive vice president and chief executive officer for its European operations, effective October 1, 2017. Ms. Hogg will report to Visa’s chief executive officer, Al Kelly, and Visa Europe Limited (VEL) board chairman, Gary Hoffman. Ms. Hogg will join the…

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SEC charges nine hackers and traders in Edgar hacking case

September 08, 2017 BY Valentina Kirilova

Equifax announces cybersecurity incident involving consumer information

Consumer credit reporting agency Equifax Inc. (NYSE: EFX) has announced a cybersecurity incident potentially impacting approximately 143 million U.S. consumers. Criminals exploited a U.S. website application vulnerability to gain access to certain files. Based on the company's investigation, the unauthorized access occurred from mid-May through July 2017. The company has found no evidence of unauthorized…

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September 08, 2017 BY Valentina Kirilova

Forexware releases a gateway to link OTC FX and Exchange Execution in MetaTrader 5

The US-based integrator Forexware announced that has developed a gateway to link OTC FX with Exchange Traded Futures and Equities in MetaTrader 5. Fred Scala, Global Head of Sales at Forexware stated: This is our most robust tool for brokers looking to develop a high-speed, end-to-end solution. With direct connections to top-tier FX liquidity providers…

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September 07, 2017 BY Valentina Kirilova

Paysafe partners with Zachary Claman DeMelo in his Verizon IndyCar Series debut

Paysafe secures naming rights to the No.16 Rahal Letterman Lanigan Honda for the GoPro Grand Prix of Sonoma Payments services company Paysafe Group Plc (LON:PAYS) announced a partnership with Zachary Claman DeMelo who will pilot the No. 16 Rahal Letterman Lanigan Paysafe Honda at the GoPro Grand Prix of Sonoma on September 17. This race…

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gold

September 07, 2017 BY Valentina Kirilova

INTL FCStone's Precious Metals Division triples amount of Gold traded on its PMXecute+ platform

More news on INTL FCStone Ltd (NASDAQ:INTL), as today the company has also announced that its Precious Metals Division's web-based physical gold trading platform, PMXecute+, has more than tripled the amount of gold traded since it last reported figures in June. Since its launch in February, 39 tons of gold – over 1.2 million ounces…

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September 07, 2017 BY admin

Singapore Exchange Forex futures volume for August rises 5% MoM

Singapore Exchange (SGX) Asia’s most international, multi-asset exchange today reported market statistics for August 2017. Total FX futures volume moved up 5% from the previous month to 800,350 contracts and up 75% from August 2016. The solid figures from SGX's FX segment attest to the slightly higher trend across the Forex trading industry for August…

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Bank of China (UK) Limited joins LCH’s SwapClear

September 07, 2017 BY Valentina Kirilova

LCH SwapAgent completes first trades

LCH SwapAgent, a service for the non-cleared derivatives market, announced today that it has processed its first trades. Citi and Deutsche Bank were the counterparties to the Swiss Franc-denominated interest rate swap and Euro-denominated inflation swap. The trades were processed through MarkitSERV. LCH SwapAgent is available for market participants trading non-cleared OTC interest rate derivatives.…

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