The following article was written by Reem Aboul Hosn, Research and Market Analyst Officer at Credit Financier Invest (CFI) Ltd. For the second time, the US-sanctions on Iran took effect on Tuesday which could push oil prices above USD 90 a barrel by the end of the year, analysts have advised. In the middle of…
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LeapRate Exclusive Interview... There has been a lot of change swirling lately at global broker ADSS - a rebranding of the company from ADS Securities, senior management changes, preparing for ESMA, and dealing with a new cryptocurrency trading clientele. We are very pleased to speak today with Mathieu Ghanem, Managing Director, Global Head of Sales and Marketing…
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Leading Swiss online banking and brokerage firm Swissquote Group Holding SA (SWX:SQN) has announced that it has acquired Luxembourg based online bank and investment firm Internaxx Bank S.A. for €27.7 million. The company said that the acquisition of Luxembourg-based Internaxx - which advertises itself as an investment firm for the expat community - gives Swissquote…
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FCA regulated Retail and Institutional FX and CFD brokerage Valutrades has announced the appointment of industry veteran Gavin Foster as a Non Executive Director of Valutrades Limited, effective immediately. Gavin Foster has been working as a strategic consultant to Valutrades since 2016 and this appointment represents an acknowledgment to the positive impact he has had…
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LeapRate Exclusive... LeapRate has learned that GKFX has continued to reshape its senior executive and directorship arms, with current board Chairman Nick Beecroft departing the board and the company bringing on board Marcus Scarlett as his replacement as Chairman. Mr. Scarlett's formal taking of a director position and the Chairman's role is still subject to regulatory…
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The following article was written by Artur Azizov, CEO of B2Broker. White Label solutions are an ideal opportunity to start a brokerage business quickly, without significant costs. They also allow existing businesses to on-board the latest technologies to meet client demand. The foreign exchange market generates vast daily trading volumes and continues to attract an…
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The following article was written by ATFX Chief Analyst of Asia Pacific, Martin Lam. The US non-farm payroll population reported 157,000 in July, a sharp drop from the previous month's 213,000 and the expected 190,000. The data disappointed the market and caused the dollar to fall. Fortunately, the US unemployment rate fell back to 3.9%, the…
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Continuing a somewhat troubling downward trend (see chart below), Copenhagen based Retail FX broker Saxo Bank has released data indicating that client FX and multi asset trading volumes in its system decreased by 17% during July, totaling $316 billion versus $380 billion in June. Within that total FX trading volumes were down 19%, to $226 billion,…
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After reporting record results in Q1 things seems to have cooled off somewhat during Q2 at X Trade Brokers Dom Maklerski SA (WSE:XTB). X Trade Brokers, which operates Retail Forex broker XTB.com as well as the X Open Hub trading platform, reported that Q2 2018 Revenues came in PLN 84.2 million (USD $22.8 million), down 26% from Q1's record at…
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Non-Zero (www.non-zero.io), which recently announced the Ethereum main-net launch of its retail financial markets blockchain platform, has announced that it has continued to build its management team. The company is led by Hadi Kabalan, as CEO. He has multiple years of experience in the tech and financial industries, holding the title of Executive Director at…
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