February 27, 2015 BY LeapRate Staff
Investors betting on a better offer for KVB Kunlun
KVB shares restart trading Friday on the HKEx at a price more than double CITIC's existing HK$0.65 per share offer.
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February 26, 2015 BY LeapRate Staff
KPMG making Claims Portal live for test run with 500 Alpari UK clients - LeapRate Exclusive
LeapRate Exclusive... LeapRate has learned that Alpari UK Special Administrator KPMG is about to go live with the Claims Portal, in an initial beta test run for 500 clients. KPMG will select (randomly, we believe) approximately 500 Alpari UK clients, all with cash-only balances, to test the Claims Portal. Those 500 clients (who do not…
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February 26, 2015 BY LeapRate Staff
Where will KVB Kunlun shares trade on Friday?
KVB last traded on January 29 at HK$1.41 per share, well above the HK$0.65 offer CITIC intends to make to public shareholders.
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February 20, 2015 BY LeapRate Staff
FXCM Inc shares dip back below $2 as investors begin to lose faith
The change in the effective capital structure at FXCM Inc (NYSE:FXCM) following the $300 million lifeline it received last month from Leucadia National Corp (NYSE:LUK) has left the investment community somewhat unsure as to how to value FXCM going forward. That, as well as how the events of January 15 have affected FXCM's business prospects. Immediately…
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February 18, 2015 BY LeapRate Staff
Investment Trends Australia report - Oanda and AxiTrader continue to lead retail forex customer service
Australia based research firm Investment Trends has published an updated report on FX and CFD trading in its home market. Overall, FX trading has dipped slightly down under (in the 12 months leading up to November 2014), with 49,000 investors placing at least one FX trade through an Australian provider, down from 51,000 in 2013 -…
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February 18, 2015 BY LeapRate Staff
US Retail Forex client assets hit multi-year low in December 2014 at $551 million
FXCM Inc saw a 12% drop in US retail client assets - before the events of January 15.
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February 18, 2015 BY LeapRate Staff
ICAP plc shares rise above £5 for first time since mid 2011 riding wave of increased volumes
However top London City research analysts remain mixed in their outlook for ICAP shares moving forward.
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February 16, 2015 BY LeapRate Staff
Alpari RU introduces 30% Bonus Credit for ex Alpari UK clients
LeapRate Exclusive... We continue to follow the saga of Alpari UK, which remains in administration by KPMG with funds of former Alpari UK clients (although apparently safe and accounted for) still not yet returned to their rightful owners more than one month after Alpari UK entered insolvency. Last week, we reported that Alpari UK's intellectual property…
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February 16, 2015 BY LeapRate Staff
Netagio reverses course, closes Bitcoin exchange while launching a wealth storage business
UK-based Bitcoin, GBP, USD and EUR exchange Netagio has announced a restructuring of its current business with a view to closing its Bitcoin exchange, instead launching a wealth storage business. Netagio will provide physical vault safekeeping options globally for retail and institutional investors, high net worth individuals and family offices. As part of the new corporate…
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February 16, 2015 BY LeapRate Staff
ASIC highlights MT4 Virtual Dealer risks in canceling Australia licence of retail forex broker Enfinium
Australia financial regulator ASIC has continued its tough recent stance on the retail forex sector, with the cancellation of the Australian Financial Services (AFS) license of retail forex broker Enfinium Pty Ltd following a detailed investigation. ASIC's main concern surrounded Enfinium's use of the Virtual Dealer plugin for MT4. Virtual Dealer gives a broker the ability to add…
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