Forex Weekly Look Back: LeapRate reports from FXIC Mexico City, while January Forex volumes off to strong start

A look back at the most intriguing and popular Forex industry news stories from the past week at LeapRate. To make sure that you receive timely access to all LeapRate news, sign up to our Daily Forex Industry Newsletter on the right. →

Last week, LeapRate’s Andrew Saks-McLeod spent the week in Mexico City amongst fellow FX industry players conducting business in the Latin American market and western hemisphere. Shift Forex’s 2nd Annual FOREX INDUSTRY CONFERENCE LATIN AMERICA took place at the Marquis Reforma in the heart of the financial district in Mexico City. To check out some special reports from the conference see the links below: (Make sure to stay tuned this week as LeapRate releases more news, views and reviews from the FXIC LATAM 2015 event.)


Last week, we also saw continued volume strength across retail platforms when GAIN Capital reported it’s highest retail metric ever in January. Moreover, FXCM reported it’s second best retail monthly volume metric (a welcome sign for many long term investors in the publicly traded company). The CHF fireworks of last month, while disrupting and causing many to question the right path for any additional regulations relating to the FX brokerage model didn’t cause any hiccups it terms of trading activity as markets hum along…

Additional regulatory safeguards to client funds (negative balance question) may or may not come later, but the volatility of last month in the wake of the Swiss spike, as predicted has in turn many brokers raking in record profits to kick off the year…ETX Capital, released a mid-quarter report last week stating they are on pace for record profits and Saxo Bank reported a 15% MoM increase in volumes from December.

Finally worth mentioning, LeapRate formally presented it’s Alpari UK client petition to administrator KPMG, impressed by receiving over 200 signatures in the first 2 days of the petition, KPMG re-assured LeapRate that all clients will receive their funds back as soon as possible. Check this out and all other highlighted news from last week in the short links below.

Israeli FX regulations |
Saxo Bank January Vols |
SpotOption/CPattern |
ETX Capital strong start |
Alpari UK insolvency update |
LeapRate reports from Mexico City |

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