What are the FCA's plans for the "day after" in case a Hard Brexit happens, with no agreement in place with the EU on MiFID and passporting? Why did Playtech raise €530 million? Why is FOREX.com parent company GAIN Capital returning $50 million in capital to shareholders? How did the shares of Retail FX brokers do…
Read more
Which Retail FX broker was the latest to renounce its CySEC CIF license, and leave Cyprus? Were ETX Capital and LCG able to rebound from losses in their most recently reported fiscal periods? Who became the latest significant institutional investor in Markets.com parent Playtech? Which FX industry executives changed places this week? (There were several!).…
Read more
Agricultural producer sentiment dropped to its lowest level since October 2016 as producers expressed concern over worsening farm financial conditions, according to the latest Purdue University/CME Group Ag Economy Barometer reading. The September barometer reading was 114, down 15 points since August. The barometer is based on a monthly survey of 400 agricultural producers from…
Read more
Looking back, this seems like the week when ESMA's Forex and CFD leverage cap - which ESMA formally extended for a further three months, with minor modifications - really began to make its mark on the online trading industry as a whole. Revenue and earnings misses. Executives departing. CFD brokers being sold. And this is probably…
Read more
The following article was written by ATFX Chief Analyst of Asia Pacific, Martin Lam. The Trump government of the United States announced last week that it has imposed an additional 10% tariff on Chinese imports worth US$200 billion. The renminbi is bearish. The negative news has caused the US dollar to see 6.86 against the…
Read more
If you weren't on LeapRate this week, then you missed (or heard late about) all the key Forex Industry News stories including: What are EU Forex brokers doing to circumvent the ESMA leverage cap? What measures are Chinese authorities taking to crack down on illegal FX brokerage activity? (And, what exactly does it consider "illegal"?)…
Read more
Forex industry news at LeapRate this week centered on a number of changes in ownership (and board seats) at some of the best-known names in the Retail FX sector. Who took over control of Saxo Bank? (And at what valuation?) Who sold control of Pepperstone? (And to whom?) Who is replacing Playtech and the company's…
Read more
Which Retail FX broker decided to 'move offshore', from its home country to St. Vincent? Which Plus500 shareholders pocketed more than $400 million from the sale of stock? What are Tickmill UK's trading volumes? Admiral Markets' revenues? Answers to these questions and more appeared first or only at LeapRate. Some of our most viewed and…
Read more
It was a fairly quiet last-week-of-summer for Forex Industry News, although we continued to bring our readers the key stories and analysis they won't find anywhere else. Which Retail FX brokers reported results this past week? Which CEO departed the London office of a major global FX broker? Which is the latest Retail FX broker…
Read more
Which Retail FX broker signed one of the largest sports sponsorships we've seen to date in the sector with not just one but seven (!) Premier League teams - and tied the deal to Bitcoin? For how much longer did ESMA extend its (temporary?) ban against offering Binary Options to retail traders in the EU?…
Read more