Will the latest wave of financial market volatility lead to strong August trading volumes at Retail Forex brokers?
Read moreBinary platform provider and operator TechFinancials Inc (LON:TECH) saw its shares tumble more than 25% Friday after a Trading Update revealed disappointing Revenues for the first half of 2015. TechFinancials - which sells a turnkey binary options platform solution and also operates its own regulated binary options brokerage OptionFair - said that first half revenues…
Read moreAs was exclusively reported at LeapRate at the beginning of June, retail forex broker and social trading leader eToro has developed plans to do away with the separate 'Openbook' social trading brand, and fold Openbook's functionality into an upgraded and unified eToro platform. Several months in the works, and eToro has now formally unveiled the…
Read moreLeapRate Exclusive... LeapRate has learned that publicly traded CFD broker Plus500 Ltd (LON:PLUS) has changed over management of its FCA regulated UK subsidiary Plus500UK. Entering as CEO of Plus500UK is Mark Winton, a seasoned FX industry executive who most recently was Head of Compliance at Alpari UK. Winton also worked previously at London Capital Group Holdings…
Read moreSeparately, ACM Gold's longtime CEO Irfan Pardesi has left his executive position in the company to become co-CEO of South African discount airline Skywise Airlines.
Read moreSpreadex paid out dividends of more than £20 million to shareholders over the past year.
Read moreLeapRate takes a deeper look at understanding FXCM's half-billion dollar loss in 1H-2015 - and why FXCM shares are trading so low.
Read moreJapanese online trading broker Monex Group, Inc. (TYO:8698) has announced that it has concluded its one month share buyback, acquiring 3,546,200 shares for a total of ¥1.16 billion (or about $9.35 million). About half of the buyback occurred over the last week, ending on August 7. The shares acquired represent about 1.2% of outstanding Monex shares. When it…
Read moreCanada's leading securities regulator, the Ontario Securities Commission (OSC), has issued warnings against one FX and two Binary Options online brokers - BerkleyFX, Amber Options and OptiCrown. None of the three aforementioned firms are regulated by the OSC. The three new additions to the OSC's warning list are the first online brokers added since warnings regarding OneTwoTrade,…
Read moreNot a proud day in the history of FXCM Inc (NYSE:FXCM). The venerable retail forex broker, which went public in December 2010 at $14 per share, saw its shares dip below $1.00 for the first time into 'penny stock' territory. FXCM shares dropped 17% at open today, down from $1.03 all the way to $0.86. At…
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