ASIC regulated retail forex broker Vantage FX has announced that it will keep in place the higher margin requirements it put place in several steps leading up to last week's UK Brexit referendum. However Vantage FX did remove the Close-Only trading status it assigned to several GBP and EUR currency pairs soon before the vote…
Read moreIt will be a long time before we better understand the implications of the #VoteLeave victory in last week's UK Brexit referendum. Indeed it will be a while - perhaps even months or years - before we really find out what the new relationship will be between the UK and the rest of Europe. And what…
Read moreCFD broker Plus500 Ltd (LON:PLUS) has issued a statement in the wake of Friday's market volatility after the Leave victory was announced in the Brexit referendum. As with several similar announcements we've reported on for other brokers, Plus500 said that Friday's action had no material adverse effect on the company. In fact, quite the opposite. Plus500…
Read moreRetail forex broker Alpari has announced that it was added to the list of Registered Forex Brokers by The National Bank of Belarus, the country's central bank and financial regulator. Belarus is a fairly sizable country of about 10 million people, nestled between Poland, Russia and Ukraine. Alpari joins fellow Russian brokerage giant Forex Club as…
Read moreOne of the big winners from the post-Brexit panic of trading were institutional Forex ECN platforms, which saw a huge ramp-up in trading volumes on Friday in the aftermath of the VoteLeave victory in the UK Brexit referendum. Thankfully these ECNs - whose income is directly linked to volumes - seemed to operate in a…
Read moreForex platform and technology provider Leverate has issued a statement in the wake of last week's post-Brexit referendum volatility, saying that it and its clients were unscathed after the Brexit outcome. Leverate indicated that trading volumes Friday executed on its platforms were nearly 3 times normal, and that its systems remained strong handling the heightened volumes…
Read moreForex Industry News this week at LeapRate was dominated by three main themes: Brexit, Brexit and Brexit. It was a week which will reshape not just the political landscape in Europe, but the financial markets as well, with the FX sector at the head of the pack. We're pleased to report that some of our unique coverage…
Read moreThis article was written by Richard Perona, VP of Institutional FX at Advanced Markets. Major market events are generally accompanied by periods of massive uncertainty, volatility and downright fear. It doesn’t matter whether these events are expected, like the Brexit vote, or unexpected like the SNB move last year, the outcome is the same. Many…
Read moreIsrael based Blockchain startup Colu has announced that it has raised $9.6 million from venture capital investors Aleph (headed by former Benchmark partner Michael Eisenberg), Spark Capital, and Digital Currency Group, as well as former Thomson Reuters CEO Tom Glocer. The current financing round brings the amount raised by the company to over $12 million. Colu is…
Read moreOnline trading firm CMC Markets has issued a statement in the wake of today's post-Brexit vote market volatility. The statement reads as follows: CMC Markets Plc Statement on market volatility as a result of the EU referendum CMC Markets plc ("CMC" or "the Company") can confirm that despite the extreme volatility in the financial markets…
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