Tag: Asia FX

April 02, 2014 BY Andrew Saks-McLeod

LeapRate Exclusive: Western firms may benefit as new Indonesian rulings strive to banish FX

Indonesia's national financial markets regulator will not issue new licenses to FX firms. Will Australian firms reap the rewards? For a great many retail FX companies, the Asia-Pacific region is considered a land of tremendous opportunity. China was considered the mainstay of western FX firms' focus when channeling efforts toward the region, however as time…

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June 05, 2013 BY Gerald Segal

MIG BANK to target Asia from new Hong Kong subsidiary and office

Opening of MIG Capital Asia Limited comes more than a year after we reported MIG opening a Hong Kong rep office. Leading Swiss Retail FX brokerage MIG BANK, a member of LeapRate's Approved List of global regulated FX brokers, announced that it has formally launched its Hong Kong subsidiary, MIG Capital Asia Limited, and a new office…

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May 23, 2013 BY Gerald Segal

Ariel Communications targets Asia FX clients with IFIS

IFIS will provide Ariel Communications with localized product development, project management and on-site second line support. Ariel Communications, a full service, bespoke software development house whose main product is Ariel iTrade – a complete multi-asset FX, CFD and Financial Spread Betting trading platform – has announced that it has entered into a distribution agreement with Singapore-based financial…

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May 06, 2013 BY Gerald Segal

China Retail FX volumes up 30% so far in 2013

As the Yuan continues to strengthen, Chinese FX traders also come out to trade. LeapRate Exclusive... LeapRate has learned, in discussions with various retail FX brokerages, that trading volumes from China-based clients have soared this year by about 30% -- and even more at some firms which have been actively targeting the Chinese market. What's…

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April 22, 2013 BY Gerald Segal

China expected to further relax Yuan currency trading rules

Expansion of Yuan trading range band should increase Yuan volatility, and bring out more Chinese retail FX traders. China is a hot and much-sought after market for retail FX brokers (part of the reason we posited for the FXCM-Gain acquisition) -- and it is likely to heat up even more. Bloomberg News has reported, quoting UBS…

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