June 13, 2016 BY LeapRate Staff

Bats expands in Europe with launch of 18 new UK focused stock indices

Kansas City based financial exchanges operator Bats Global Markets Inc (BATS:BATS) has announced that its European arm, Bats Europe, is launching a UK-focused benchmark index series. Bats will launch 18 different indices covering large to small cap securities and 12 industry sectors. The indices were developed in consultation with investors and index users, to offer a robust and…

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June 11, 2016 BY Mike Fox

Belize financial regulator warns on 'Profitable Forex EA' fraud

Today the International Financial Services Commission of Belize (IFSC) whom regulates many Forex brokers and international financial firms, notified that an entity calling itself ‘Profitable FX EA’ is falsely and fraudulently representing that it is licensed by the International Financial Services Commission of Belize. You can see the fake license emanating from their website below. The website also claims this…

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June 10, 2016 BY Mike Fox

TMX Group announces resignation of CFO as he bolts to NASDAQ

TMX Group Limited today announced that Michael Ptasznik, Chief Financial Officer (CFO), has resigned from the organization to pursue an opportunity with The NASDAQ Stock Market. Mr. Ptasznik joined TMX Group in 1996 as Director of Finance Planning and Analysis and became CFO in 2000. As CFO, he led the company's finance, corporate development and strategic…

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June 10, 2016 BY LeapRate Staff

How to build trust on a Forex broker website

Katya Yun, Head of Marketing at MT4 technologies provider Takeprofit Technology, takes a look at what Retail Forex brokers can and should do to build trust in their brands. Takeprofit’s products include A and B-book risk management solutions, the Klondike liquidity bridge, and the Ashira automated dealer anti-cheating defense. Takeprofit’s clients have included Forex brokerages and white-label…

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June 10, 2016 BY LeapRate Staff

FXCM shares drop 9% after weak May FX volumes reported

Retail forex broker FXCM Inc (NYSE:FXCM) saw its share price drop more than 9% on Thursday, after reporting weak May trading volume metrics. Institutional FX volumes dropped 33% MoM in May at FXCM to $50 billion, while all-important Retail FX volumes were off 2% from April, to $280 billion for the month. FXCM shares closed Thursday…

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June 10, 2016 BY LeapRate Staff

CySEC impersonators trying to scam money from investors

Cyprus financial regular CySEC has issued a warning regarding individuals impersonating CySEC officers, looking to trick investors into paying them money. Following up on an earlier similar warning we reported on at the end of last year, CySEC would like to inform investors and the general public that it has come to its attention that its logo,…

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June 10, 2016 BY Mike Fox

Things to consider when starting up your brokerage

The following article is courtesy of Konstantin Rabin of ForexBonusLab.com -- Even though many people feel that retail FX sector is over saturated, we still see new brokers popping out every day. The reason for this is simple. FX still remains an over profitable industry. Nevertheless, the competition is severe and today it is as…

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