Liquid Markets’ administrators agree 546 clients’ claims, worth $4.34 million LeapRate

February 29, 2016 BY Maria Nikolova

Liquid Markets' administrators agree 546 clients' claims, worth $4.34 million

The administrators of LQD Markets UK (Liquid Markets), which stopped operations following the January 15, 2015 events, today published a report regarding the recent progress of their work. RSM Restructuring Advisory, previously known as Baker Tilly, say that they have agreed compensation claims with 546 former clients of the broker. The claims are worth a total…

February 20, 2016 BY Maria Nikolova

Leucadia's loan to FXCM: $144.7 million repaid, $192.7 million outstanding at year-end

Leucadia National Corp. (NYSE:LUK), which provided FXCM Inc (NYSE:FXCM) with a $300 million loan in January 2015, following the “Black Thursday” events associated with the Swiss franc spike, on Friday published its report for the year to December 31, 2015. The report provides details on the status of the loan repayment, as well as on how…

March 18, 2015 BY Andrew Saks-McLeod

Saxo Bank CEO Kim Fournais talks to LeapRate about a strong 2014 and the challenges that lie ahead

"Our capital position helped us withstand the extreme market impact and most investors appreciate that. We have since been focusing on making sure that our risk models are dynamic and robust" says Saxo Bank CEO Kim Fournais in an exclusive interview with LeapRate

March 13, 2015 BY Andrew Saks-McLeod

Analysis: What is the real cost? We have not seen the end yet

FXCM's initial confirmation of negative client balances was $225 million, however it has now been revealed that it stands at $276 million. With a $51 million gulf, and only a handful of brokers having reported their negative equity exposure, what is the true cost? LeapRate takes a detailed look

March 12, 2015 BY Andrew Saks-McLeod

Denmark defends currency peg despite Euro turmoil

In contrast to Switzerland's removal of the peg on its sovereign currency during times of Euro uncertainty, Denmark's central bank is doing its utmost to hang on

March 12, 2015 BY Andrew Saks-McLeod

Guest Editorial: Forex technology insider discusses risk management and black swans

Leverate's Trading Optimization Director Sami Mana reflects on the events of January 15 this year

March 08, 2015 BY Andrew Saks-McLeod

Op Ed: The February volume crunch

What is really worse? Low trading volumes, or a single black swan event? Andrew Saks-McLeod takes a look at the dichotomy between two scenarios

February 06, 2015 BY Andrew Saks-McLeod

Can combining A-book and B-book execution be the antidote to negative client balances? So says Synergy FX

Australia's Synergy FX now offers hybrid accounts in which the execution method combines aspects of A-book and aspects of B-book execution in order to protect clients against exposure to negative balances resulting from extreme market volatility as per the events of January 15 this year

February 04, 2015 BY Andrew Saks-McLeod

Denmark sells record amount of Krone in January to stave off black swan events

Denmark's Nationalbanken purchased $16.34 billion worth of foreign currency in January 2015, which translates to 106.3 billion Danish Krone, the highest amount ever, as the nation's economists attempt to maintain the currency's peg at a time when the Euro is floundering

January 19, 2015 BY Andrew Saks-McLeod

Invast Australia confirms strong financial position after Thursday's black swan event in Switzerland

Invast's Australian operations has completed a review of all CHF positions for potential adjustment, and concluded that no client adjustments are necessary, with full financial strength being maintained by the firm

Tag: black swan