AxiTrader is the fifth forex broker added by Myfxbook to AutoTrade in just the past month. Myfxbook is on a roll in Australia. The social trading and copy trading service provider has added Australian's leading forex broker AxiTrader (a member of LeapRate's Approved List of global regulated forex brokers) to its growing list of outfits…
Read moreBank Of Russia will introduce G-20 regulations regarding derivatives contracts in about 18 months. Starting today, the Moscow exchange has a central clearing mechanism for derivatives contracts, and there is wide speculation that it will become mandatory in 18 months. According to newly installed regulatory head Sergey Shvetsov, it will bring additional transparency to the…
Read moreCanada's securities regulators getting tougher with FX brokers seeking Canadian clients. One of the Canadian financial regulators, the Ontario Securities Commission (OSC) brings the attention of local investors to the companies operating behind YoutradeFX (www.youtradefx.com) and YTFX Affiliate (www.ytfxaffiliates.com). Youtrade Investments MA Ltd and You Trade Holdings Limited have apparently been seeking Canadian clients, but…
Read moreOil's roller coaster ride has helped crude trading volumes in October. Based on information we've received from across the forex and CFD trading world, the second half of October has seen strong trading volumes in crude oil and related products, as the oil price volatility has increased (see chart below), primarily on the downside. With…
Read moreICAP looks to regain its leading position in forex liquidity providing. Interdealer broker ICAP has announced that Laurent Paulhac will join the company as managing director and will be in charge of its US based ICAP SEF LLC. He is joining the firm from the CME Group where he was managing the over-the-counter (OTC) products and…
Read moreEither way, talk of an IPO should be very helpful to Pepperstone's business. On a personal note, those of you who know me may have also known me in my previous life as an IPO banker for Robertson Stephens and Bear Stearns, helping growing technology-based companies take that first important step. And there was one…
Read moreList of brokers offering Tradable forex trading apps continues to grow.... Australia-based IC Markets has become the latest retail forex broker to offer Tradable's trading apps to its clients. IC Markets currently offers both MetaTrader and the cTrader ECN platform. Tradable's list of clients now includes both Monex's (Monex Japan and Monex Indonesia), UK brokers Tradenext…
Read moreTradenext has adopted X Open Hub's front and back office technology under the proprietary name FlexStation. FSA-regulated and Indian-owned FX broker Tradenext has decided to add X Financial Solutions' X Open Hub web trader to its existing MT4 and Tradable app platforms. LeapRate readers will recall that Tradenext was the first broker to formally launch…
Read moreWith a Scottish independence referendum a year away, how would this complication be handled? UK spreadbetting and forex industry firms must be licking their chops at the prospect of Scotland launching its own currency, as Scotland nears its referendum on independence on September 18, 2014. UK retail trading clients rank among the highest worldwide in…
Read moreOne small step for NASDAQ, one giant leap for Russian technology companies. NASDAQ OMX (NASDAQ:NDAQ) and Moscow Exchange have just signed a deal that brings smiles to the faces of the Russian tech community. A co-operation between the exchanges is exciting news for the Russian technology and biotech sectors. The aim of the agreement is…
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