IG Group is accelerating the launch of its Affiliate program in the wake of Plus500's problems, while ETX Capital is making special offers targeted at Plus500 affiliates.
Read moreThe timing seems interesting given what has happened this week to publicly traded CFD broker Plus500 Ltd (LON:PLUS), but the London Evening Standard has reported that UK spreadbetting broker CMC Markets is making progress on its IPO planned for later this year. We reported back in September that, following a nice turnaround in its finances,…
Read moreLeapRate Exclusive... LeapRate has obtained an official statement from management of retail forex broker FXPrimus regarding recent action taken against the company by Australian financial regulator ASIC. LeapRate readers will recall we reported yesterday that ASIC ordered FXPrimus to stop targeting Australian investors, just a week after blocking FXPrimus' planned IPO on the Australia Stock Exchange…
Read moreWe often think about bonuses and win-a-prize type raffles in the Forex world to be associated with retail brokers looking to offer something interesting to retail traders or IBs. Taking a page out of that book, top FX liquidity provider Sucden Financial is running an online survey using now-famous survey provider SurveyMonkey (following the recent…
Read moreLeapRate Exclusive... Binary options platform providers TechFinancials Inc (LON:TECH) has seen its shares trade down more than 25% this week, sinking below its IPO price for the first time since TechFinancials' IPO back in March. Originally placed at £0.27 in mid March, TechFinancials had seen its shares climb to as high as £0.48 in April…
Read moreFXCM basically giving away Faros to Jefferies LLC - another subsidiary of Leucadia - may indicate who is really calling the shots now at FXCM. And, for who's benefit the company is being run.
Read moreCFD broker Plus500 Ltd (LON:PLUS) has hit the first major speed bump in its existence as a public company, following a two-year march upward in its share price since going public in July 2013. As of the time of writing, Plus500 shares have dropped a whopping 28% (!!) Monday, following a posting Plus500 made to…
Read moreAfter we reported mid-week that its shares had dropped 19% since Q1 results were released on Friday May 8, shares of retail forex broker FXCM Inc (NYSE:FXCM) continued their freefall Thursday and Friday following a report by investment bank Keefe, Bruyette & Woods (KBW) setting a $1 price target on the company. FXCM shares dropped 9% on…
Read moreLeapRate Exclusive - LeapRate has learned that retail forex broker Plus500 Ltd (LON:PLUS) is currently experiencing a system overload, causing some delays in certain Plus500 client activities. Activities such as the uploading and checking of required client documents are taking more time than usual, causing delays for those clients (and prospective clients) waiting for those documents…
Read moreShares of retail forex broker FXCM Inc (NYSE:FXCM) continue to head south, following Q1 financial results which apparently both confused and disappointed investors. Interestingly, leading up to FXCM's Q1 results announcement last Friday FXCM shares traded up nicely - up 18% on Friday. But that optimism dissipated quickly once investors had the weekend to contemplate…
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