May 23, 2016 BY LeapRate Staff

Mauritius FSC terminates license of Africa focused retail forex broker IPG Markets

Mauritius financial regulator The Financial Services Commission (FSC) has issued a note that IPG Markets Ltd, bearing licence number IT12000004 and having its registered address at 10th Floor, NeXTeracom Tower 1, Cybercity, Ebene has surrendered its Investment Dealer (Discount Broker) Licence in accordance with Section 28 (5) of the Financial Services Act 2007 (the “Act”) on 26 April…

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May 23, 2016 BY LeapRate Staff

Forex sports sponsorship: ICM Capital backs England Polo Team

Continuing a theme we have been reporting on lately of increased sponsorship of sporting clubs and events by leading retail forex brokers worldwide, FCA regulated ICM Capital has become Official Sponsor of the England Polo Team at Chestertons Polo in the Park 2016. ICM Capital’s logo will be placed on the front of all Team England…

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May 23, 2016 BY Mike Fox

EBS BrokerTec completes rebrand of EBS Treasury

EBS BrokerTec, ICAP's market-leading electronic foreign exchange (FX) and fixed income business, announced today that it has completed a rebrand of the product formerly known as MyTreasury and launched EBS Treasury as a cash and FX liquidity management centre for treasurers. As announced in July 2015, EBS Treasury has now gone live with a new…

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May 23, 2016 BY LeapRate Staff

FXPRIMUS announces new three-pronged strategic direction

Retail forex broker FXPRIMUS, regulated by CySEC, has issued a statement on what it calls its new strategic direction. FXPRIMUS has been building up its management team over the past 12 months since moving its headquarters to Cyprus last summer, adding new key people in marketing, communications, trading, customer support and research & education (with…

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May 23, 2016 BY LeapRate Staff

Canada's BCSC issues warning regarding binary options broker Option.fm

Canadian financial regulator BCSC (the British Columbia Securities Commission) has added Option Financial Markets operated by B.O. Technologies Limited at website Option.fm to its Investment Caution list. Option Financial Markets claims to be based in Hong Kong and offers an online binary options trading platform. The BCSC became aware that a British Columbia resident was solicited by…

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May 23, 2016 BY LeapRate Staff

Canada's BCSC issues warning regarding binary options broker Option.fm

Canadian financial regulator BCSC (the British Columbia Securities Commission) has added Option Financial Markets operated by B.O. Technologies Limited at website Option.fm to its Investment Caution list. Option Financial Markets claims to be based in Hong Kong and offers an online binary options trading platform. The BCSC became aware that a British Columbia resident was solicited by…

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May 23, 2016 BY LeapRate Staff

Hotspot FX parent Bats Global Markets added to Wilshire 5000 stock index

Another milestone for Bats Global Markets Inc (BATS:BATS), the parent company of Forex ECN Hotspot FX. BATS, a leading global operator of exchanges and services for financial markets, has announced that it will be included in the Wilshire 5000 Total Market Index effective immediately, in conjunction with the monthly additions and deletions of the index. The Wilshire 5000 Total Market…

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May 23, 2016 BY LeapRate Staff

Tradeworks signs up Monex as its distribution partner in Indonesia - LeapRate Exclusive

LeapRate Exclusive... LeapRate has learned that financial market trading technology provider Tradeworks has signed up PT Monex Investindo Futures (Monex), the leading forex broker in Indonesia, to an exclusive distribution partnership for the Indonesian retail FX market. Under the agreement, Monex will offer the Tradeworks trade automation platform to their client base in Indonesia. Following a period of…

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May 23, 2016 BY LeapRate Staff

ADS Securities UK 2015 net loss balloons to £5.5 million

ADS Securities London Limited, the FCA regulated London-based subsidiary of United Arab Emirates forex and bullion trading brokerage ADS Holdings LLC, reported its 2015 financial results (see income statement below) indicating significant growth in the business, but also a large net loss for the year. ADS Securities' 2015 Revenues nearly doubled from the previous year,…

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