LeapRate Staff
LeapRate Analyst
One Financial Markets logo
August 06, 2018 BY LeapRate Staff

AxiCorp acquires Middle East focused Retail FX broker One Financial

Consolidation in the Retail FX space continues. Australian-owned Retail Forex and CFDs brokerage group AxiCorp, which primarily operates the AxiTrader brand, has announced that it will acquire FCA regulated C B Financial Services Ltd, which operates the One Financial Markets (OFM) brand. The deal is predominantly cash-based and will be subject to customary regulatory approvals.…

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atfx london taxi ads
August 03, 2018 BY LeapRate Staff

Exclusive: ATFX upgrades to ‘IFPRU €730K’ FCA license

LeapRate Exclusive... LeapRate has learned that AT Global Markets (UK) Limited, the UK arm of global retail FX brokerage group ATFX, has upgraded its license from the FCA to a full-scope IFPRU €730,000 license, expanding the services it can provide to clients. ATFX's original license from the FCA was for a Limited License – matched principal broker.…

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japan forex
August 03, 2018 BY LeapRate Staff

Gold-i partners with WMC in Japan on crypto switch and FX Broker products

MetaTrader technologies and integration specialist Gold-i has announced that it has formed a partnership with World Mark Consultants (WMC) - one of Asia’s leading resellers of technology solutions for brokers - to accelerate growth in Japan. As part of the agreement, WMC will focus on client acquisition and will also provide product support in Japanese. The…

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FXSpotStream forex volumes
August 02, 2018 BY LeapRate Staff

FXSpotStream July 2018 FX volumes down 9% MoM to $27.7 billion ADV

After reporting record trading volumes in the first half of the year, multibank FX aggregation service FXSpotStream has reported figures indicating that July volumes were down slightly from June, off 9% to $27.7 billion ADV versus $30.4 billion the previous month. We'd note, however, that June's $30.4B figure was an all-time best for the company.…

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exness fx volumes
August 02, 2018 BY LeapRate Staff

Exness FX volumes rise 11% in July 2018 to $343 billion

After a record first half of the year which saw more than $2 trillion of client trading volumes booked, FCA and CySEC licensed Retail FX broker Exness has reported July FX trading volumes of $343.5 billion - 11% above June's $308.6 billion and one of Exness' busiest months ever. Exness saw 44,135 active traders in July, up from…

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Forex volatilities at low ebb, but how can SME’s protect against a surge?
August 01, 2018 BY LeapRate Staff

IOSCO issues 8 recommendations for trading venues to manage extreme volatility

The Board of the International Organization of Securities Commissions (IOSCO) today published eight recommendations to assist trading venues and regulatory authorities in the implementation of mechanisms to manage extreme volatility and preserve orderly trading. IOSCO is the leading international policy forum for securities regulators and is recognized as the global standard setter for securities regulation.…

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