ACM Gold's current problems with the FSB in South Africa apparently stem from its connection with Colin Davids, a popular Pastor with a taste for the high life financed by promising outsized Forex trading returns.
Read moreLeapRate Exclusive... Given the rapid stock market recovery over the past two days, people will probably not be referring to this past Monday's 4% drop in the equity markets as 'Black Monday' for very long. And in fact, Monday was likely a very good business day for those brokers and platforms which remain fairly well…
Read moreThings are not getting better for embattled South Africa-based retail forex broker ACM Gold. As the company is attempting to have its FSB license reinstated from 'provisionally withdrawn' status - which for the time being restricts ACM Gold to dealing with existing clients, but it cannot onboard any new clients - another of its sources…
Read moreThe London Stock Exchange's website has been down after-hours, with searches not working.
Read moreThe current bout of extreme market volatility won't last forever. The question in many traders' minds is - once this is over, where are we headed? Not too many analysts are willing to stick out their necks in this environment and look beyond the storm. However LeapRate is pleased to share with our readers the…
Read moreFurther to our earlier coverage of TradeKing's announced acquisition of futures broker MB Trading, LeapRate has received a copy of the following letter which was emailed today explaining the deal to TradeKing's more than 500,000 clients, from TradeKing CEO Don Montanaro (pictured at left). The MB Trading platform adds Futures trading to TradeKing’s portfolio of…
Read moreSucden's Michael Davies: Now is not the time to be aggressive on margins... we only saw a few minor currencies disappear for up to a minute on some bank platforms...
Read moreCoinsetter CEO Jaron Lukasiewicz: We are seeing a shift in where bitcoin trading takes place towards exchanges with more robust technology.
Read moreHighlight shifts to broker technology and systems as some systems failed, at least temporarily, as trading volumes soared.
Read moreNews and information giant Thomson Reuters Corp (NYSE:TRI), parent of Forex ECN FXall and the Thomson Reuters Matching electronic trading platform, is joining the long list of publicly traded companies utilizing share buybacks to put excess cash to use and boost share price. TRI announced after markets closed on Tuesday that it would buy up to…
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