FCA regulated Forex and CFD broker Plus500 Ltd (LON:PLUS) has indicated in regulatory filings that it acquired 120,000 of its own shares in open market transactions last week, as the beginning moves of a planned $10 million share buyback. In total, Plus500 spent £657,159 (USD $839,000) in Week 1 of the buyback, spreading the purchases…
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Before we get to our review of this past week's top Forex Industry News stories, we'd once again like to thank our readers for helping LeapRate extend our lead over our competitors, as the most-read Forex Industry news website. With May data now out at leading website visitor tracking services, we're once again pleased to…
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About six months after releasing the desktop version of its JForex 3 FX trading platform, Swiss retail forex broker Dukascopy Bank has announced the release of the next generation of its web platform - JForex Web 3 - with higher performance, improved user experience and no Java requirements. The new web platform’s interface is now…
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CySEC regulated retail forex and CFDs broker JFD Brokers just announced that it has hired James Chen as Head of Asian Markets, as the company reaches out to international audiences across the globe. Focusing on attracting new retail clients and IBs in the Asia Pacific region, JFD also plans to expand its asset and wealth…
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Retail forex broker Gain Capital Holdings Inc (NYSE:GCAP) today reported its operating metrics for the month of May 2017. OTC Trading Volume at Gain's Forex.com Retail FX unit was up 19% from April's $185.0 billion, to $219.5 billion in May. Active OTC Accounts were slightly up to 135,070. ECN Volume made 63.2% YoY jump to…
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LeapRate Exclusive... LeapRate has learned in conversations with senior management and others close to the situation that several big changes are cooking at leading CySEC and FCA regulated retail forex broker FxPro. We'd note, before outlining some of these changes below, that a number of rumors are being spread via email by someone who is…
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Solactive, the innovative German index engineer, and Panthera Solutions announced that are launching the Solactive Panthera World Market Portfolio Index. This index seeks to replicate the global market portfolio as measured by Monaco-based asset allocation consultancy Panthera Solutions through a multi-asset indexing strategy. Specifically, the index is composed of ETFs and minor cash positions tracking…
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Nobody like a tie. Not in sports. And certainly not in politics. But after a brief yet highly volatile UK election contest, it looks like that it what we just might get. Initial exit polls (see above, source: CNN) are indicating that Theresa May's Conservatives are likely to lose their parliamentary majority, yet remain as…
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National Settlement Depository (NSD), Russia’s central securities depository, announced that has expanded settlement opportunities for its clients: it has conducted the first DVP transaction via a correspondent account with the Bank of Russia. Along with DVP settlements in NSD and on accounts with foreign banks, NSD also provides its clients with the opportunity to conduct…
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TradAir, the global provider of Trading Technology solutions for banks, brokers, prime of primes and regulated marketplaces, announced today that Illit Geller, co-founder and Chief Executive Officer, has decided to step down as CEO. Illit will remain a member of the Company’s Board of Directors, and the Board has launched an executive search for a…
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