Mike Fox
LeapRate Analyst
September 06, 2016 BY Mike Fox

BM&FBOVESPA becomes first exchange to join R3 distributed ledger consortium

São Paulo based financial exchange BM&FBOVESPA announced today it will be collaborating with over 60 of the world’s largest financial institutions to develop ground-breaking commercial applications for the financial services industry that leverage the appropriate elements of distributed and shared ledger technology. This initiative is part of the company’s strategy of supporting transformative projects that…

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September 06, 2016 BY Mike Fox

Virtual currencies unlikely to crowd out fiat currencies, according to new research

The SWIFT Institute has published a new research paper analysing whether Bitcoin will crowd out fiat currencies in the global community. The paper, entitled “Virtual currencies: Media of exchange or speculative assets?”, looks at the dynamic relationship between virtual currencies, such as Bitcoin, and fiat currencies, and evaluates any immediate risks that virtual currencies pose…

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September 06, 2016 BY Mike Fox

Match-Trade releases new MT4 White Label Manager Application

Match-Trade Technologies LLC, a Forex brokerage technology company headquartered in Irvine, California, is pleased to announce the launch of MT4 WL Manager application. This application is a broker specific business solution, which allows all White Label (WL) forex brokers to configure the most important business parameters of MT4 Servers in real-time. Match-Trade MT4 WL Manager…

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September 06, 2016 BY Mike Fox

Exness announces FCA license and launches plans to expand in Europe

Leading forex broker Exness is pleased to announce that its UK entity, Exness Europe Limited, has received regulatory approval from the Financial Conduct Authority (FCA), under Register number 730729. With its newly acquired FCA license, Exness, an international broker whose main client base is currently in Asia, the Middle East, and Africa, is set on…

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September 06, 2016 BY Mike Fox

ICAP EBS August volumes down 17.5% MoM to $68.4 billion ADV

Continuing the slow month of August FX volumes trend we have seen from a number of both retail and institutional eFX platforms, interdealer broker ICAP plc (LON:IAP) has reported that Forex volumes at its EBS subsidiary were down 17.5% MoM from July’s $83 billion to average $68.4 billion per day in August. This now marks the…

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September 06, 2016 BY Mike Fox

FXCM launches new Forex Market Depth Indicator

FXCM Inc. (NYSE:FXCM), a global online provider of forex trading, Contract for Difference (CFD), and related services, announces today the launch of the Forex Market Depth Indicator exclusively for its flagship Trading Station platform. The Forex Market Depth Indicator allows FXCM clients to see up to five levels of liquidity and depth for 17 of the…

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September 06, 2016 BY Mike Fox

Admiral Markets to offer lot fractions and expand index CFDs

Europe based brokerage Admiral Markets has announced an update to their CFD offering on indices of the world's largest exchanges, as follows: decreasing spreads and margin rates, expanding the list of instruments, adding special features, such as extended trading hours and fixed in-hour spreads. Also an improvement in the offering, Admiral Markets is offering the…

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September 05, 2016 BY Mike Fox

GMO Click Forex volumes tail off 30% MoM during August

GMO Click Securities, a subsidiary of GMO Click Holdings Inc (TYO:7177), has just published its key operating metrics for August 2016, with OTC FX volumes dipping below 1 trillion USD during an August with no significant activity to bolster markets and the VIX volatility index in a calm range. This month comes after trading volumes had bounced back…

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