LeapRate was first to report last week on the Australia government's move to change rules regarding what Retail Forex brokers, and those other regulated entities handling client money, can and cannot do with that money. There seems to still be some confusion out there in Forex-land as to what those rules were, what they will…
Read more
Financial services company TRAction Fintech has launched in the UK and Europe to assist brokers with reporting trades under the EMIR and MiFID legislation. When asked how TRAction Fintech planned to differentiate themselves in the competitive UK marketplace Quinn Perrott, General Manager, responded: There are 2 key areas where we think TRAction Fintech really distinguishes itself…
Read morePerrott had relinquished most of his management duties last year to new AxiTrader GM Alex Mackinnon. In what seems like an orderly and planned exit, AxiTrader co-founder Quinn Perrott has resigned for stated personal reasons. Perrott does remain a shareholder and board member. After hiring his own replacement in the person of ex-ODL and FCStone exec Alex…
Read more