Competition in the ultra-competitive UK online market heating up as LCG joins ETX Capital and others in upgrading their technology and look to suit a new generation of traders.
Read moreThe Malta Financial Services Authority (MFSA) has announced that its Board of Governors has appointed Aldo Giordano as Director of the regulator's Resolution Unit. The appointment came into effect on January 1, 2016. Mr Giordano first joined the MFSA in 2002 as Deputy Director within the Banking Supervision Unit which encompassed both licensing and policy…
Read moreTokyo Financial Exchange (TFX) has just posted its operating metrics for December 2015, with Forex volumes recovering from November lows, although they were still weaker than a year earlier. TFX saw Click 365 total trading volumes, that is, the volume of Exchange FX Margin contracts, amount to 3,523,536 in December 2015, a result which is…
Read moreJapanese Forex broker Monex Inc, a subsidiary of Monex Group, Inc. (TYO:8698), today announced that it has appointed Nana Otsuki as executive director and chief analyst, effective from January 1, 2016. Ms Otsuki was ranked second among bank analysts in Japan by Nikkei Veritas in 2015. She joins Monex from Merrill Lynch Japan Securities Co.…
Read moreProvider of FX software and analytical solutions FX Blue is starting the new year by beefing up the analytical and charting functionalities available to clients. The company announced on Saturday that it has introduced a new type of dynamic charts. The new charts show the range of performance (banked profit) within each week or month.…
Read moreIn what is normally a seasonally down month for FX trading volumes across both retail and institutional platforms, Hotspot FX actually saw a nice 8% MoM bump in FX trading volumes during December, averaging $24.1 billion per day versus $22.4 billion in November. However the $24.1B figure is down 13% YoY from $27.7B ADV last…
Read moreIt is no secret the goals of the growing Bitcoin industry to achieve mainstream adoption for the decentralized non-governmental backed digital currency. To a certain degree, the achievements are very real for Bitcoin in its brief history. 2015 was a year of more adoption and more stability in price after a very volatile 2014, which…
Read moreAs we prepare to change over our calendars to 2016, we would like to take this opportunity to thank all of our readers and clients for making 2015 a record year at LeapRate. The number of our followers and subscribers to our daily Forex Industry Newsletter continued to soar during the year. Some milestones we topped…
Read moreWe don't often make predictions at LeapRate, especially when it comes to share prices of publicly traded companies. However this one seems to have panned out. Our first reaction to FXCM's December 11 announcement that it is attempting to renegotiate the terms of its $300 million rescue loan with Leucadia National Corp (NYSE:LUK) was: Without looking…
Read moreRetail Forex and CFD broker Plus500 Ltd (LON:PLUS) has just published a list of its 10 most traded contracts for difference (CFDs) for 2015. The ranking (which you can see on the picture above) features several instruments which one would expect to see. Such examples are Oil, that is, Light Sweet Crude Oil, as well…
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