It looks like the Q2 results profit warning issued by Hong Kong based retail forex broker KVB Kunlun Financial Group Ltd (HKG:8077) was something of a head-fake. While required by Hong Kong Exchange rules since overall, the company's first half 2017 results were significantly down from first half 2016, KVB actually had a much-improved second…
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This week Forex Industry News at LeapRate had it all. Regulatory back-and-forth including a change and delay in Israel's long-awaited Binary Options law. New Forex sports sponsorships. Broker results. Executive moves... Why was Israel's Binary Options Law delayed, and how was it changed from its original intention? Which regulator got both Apple and Google to pull…
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The following article was written by AMarkets, a St. Vicent & the Grenadines (FSA) regulated global forex broker established in 2007. Choosing a broker is a difficult task, and not just for novice traders, but also for experienced professionals, in particular, because of common opinion about companies having a direct interest in their trader’s losses from…
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LeapRate Exclusive... LeapRate has learned that FX liquidity solutions provider PrimeXM has hired FX industry veteran Mukrram Ali as its Director of Business Development. Mr. Ali joins PrimeXM after three years in FX sales at MahiFX. He has also worked in FX Sales at Valbury Capital and at FXCM. PrimeXM is a technology provider to…
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More news from Thomson Reuters (NYSE:TRI) today, as TAB Dashboard has become the first alternative finance data intelligence app added to Thomson Reuters Eikon App Studio. Created by Cambridge-based TAB U.K., TAB Dashboard is the world’s most comprehensive source of intelligence on the global alternative finance market, and its deployment on Eikon opens up a…
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Global retail forex and multi-asset broker HotForex has announced that it has launched the Autochartist service to its global customer base. Autochartist is a market leader in automated technical analysis. Autochartist tools can be installed on clients' MT4 terminals to scan opportunities across all charts. Live HotForex account holders can now experience an even further…
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Trio of partnerships offers Thomson Reuters (NYSE:TRI) customers the resources to grow managed accounts revenue; bolsters portfolio of service provider partnerships. Agreements with FolioDynamix, Helix Financial Systems, and Vestmark mark over 150 service providers Thomson Reuters offers North American Wealth Management customers. The addition of these three firms to the Thomson Reuters Wealth Management partner roster…
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The U.S. Senate has voted unanimously to confirm the nomination of J. Christopher Giancarlo as Chairman for the U.S. Commodity Futures Trading Commission. In addition, Brian D. Quintenz and Rostin Behnam were unanimously confirmed as Commissioners. Giancarlo has served as Acting Chairman since January. Giancarlo issued the following statement regarding his confirmation: I am humbled…
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The Securities and Exchange Commission (SEC) announced that David W. Grim, Director of the Division of Investment Management, will leave the agency next month after more than 20 years of public service. Mr. Grim, who joined the Division directly from law school and rose to become its leader, has left a legacy of regulatory policy…
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After a worrisome first quarter in which Revenues plummeted to their lowest level since early 2013, global FX brokerage house Gain Capital Holdings Inc (NYSE:GCAP) has reported a much better set of results for Q2-2017. Overall, Revenues at GAIN Capital increased by 65% over Q1 to $98.1 million, much more in line with what the company…
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