Category: News

July 15, 2013 BY Gerald Segal

ZoneOptions becomes the third CySEC regulated binary options broker

ZoneOptions joins Banc de Binary and OptionWeb as licensed binary options brokers. LeapRate Exclusive... LeapRate has learned that Binary Options broker ZoneOptions' parent company Rodeler Limited has received its CySEC CIF license, making ZoneOptions just the third binary broker to be formally regulated in Cyprus. The announcement should be made by CySEC in the coming…

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July 15, 2013 BY Gerald Segal

CLS has best ever month settling Forex trades in June

At $5.58 trillion per day in June, CLS volumes were up 15% over May. CLS, which operates the largest multicurrency cash settlement system, announced that in June it cleared $5.58 billion per day of matched forex instructions -- its best ever month and only the fifth time ever that volumes topped $5 trillion. CLS's figures indicate…

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July 12, 2013 BY Gerald Segal

Leverate introduces low cost Forex platform for start-up brokers

Leverate's LXSuite Venture Edition comes with no set-up and no monthly fees. After about two years of slowing global forex industry trading volumes, bringing about forex industry consolidation and fewer forex company startups, the 2013 resurgence in Forex trading volumes has brought with it a major reversal -- and the re-emergence of many new Forex broker…

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July 11, 2013 BY Gerald Segal

Alpari Russia forex volumes top $135 billion per month in Q2

Alpari does more than half of all its forex volumes in Russia and the CIS. Global forex broker Alpari Group has made an interesting (and only partial) disclosure of its first half and Q2 volumes. Alpari indicated that in Q2 volumes from Alpari Russia averaged $135.3 billion per month, and $131.4 billion for the full…

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July 11, 2013 BY Gerald Segal

Swissquote adds trading in Chinese Yuan, Brazilian Real and Indian Rupee

With the Swiss National Bank keeping its 1.20 CHF per € cap, thereby killing CHF volatility, Swiss Forex brokers look to other products. Leading Swiss retail forex broker Swissquote, a member of LeapRate's Approved List of global regulated forex brokers, has added the Chinese Yuan (USDCNY), Brazilian Real (USDBRL) and Indian Rupee (USDINR) forex pairs to…

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July 11, 2013 BY Gerald Segal

Liquid Markets opens London office

Cyprus firms continue to reposition and rebrand away, although other forex brokers continue to flock to the country. LeapRate has learned that Cyprus-based and CySEC-regulated forex broker Liquid Markets (previously Tadawul FX) has opened a new office in London. The move comes after Liquid Markets' regulator CySEC granted permission to the company to operate in the…

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July 10, 2013 BY Gerald Segal

Plus500 IPO valuation – vs. KVB Kunlun IPO and vs. comps

How does Plus500's proposed IPO compare with existing forex industry public market valuations? LeapRate Exclusive.... The past two weeks have seen some extraordinary IPO activity in the retail forex industry. After more than two and a half years of quiet -- FXCM and Gain Capital (Forex.com) were the last two forex brokers to go public,…

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July 09, 2013 BY Gerald Segal

FCA celebrates 100 days as UK regulator, with a mission statement

Martin Wheatley, FCA CEO, declares that the FCA is 'a very different animal' than its predecessor the Financial Services Authority (FSA). Today (Tuesday July 9) marks 100 days since the UK's Financial Conduct Authority (or 'FCA') came into being, replacing the Financial Services Authority (or 'FSA') as the main financial regulator in the UK, including…

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July 08, 2013 BY Gerald Segal

US Forex market leads in mobile trading, but is shrinking

Investment Trends research confirms our recent reports -- that the US forex industry is getting smaller, and more concentrated. Australia based forex industry research firm Investment Trends has just come out with their US forex market report for 2013. Most of the key findings of the report will be familiar to our readers, with perhaps…

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