March 08, 2017 BY LeapRate Staff
CMC Markets builds Australia stockbroking business with new ANZ partnership
CMC Markets will now become the second-largest stockbroker in Australia, Revenues to grow by A$40M.
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March 07, 2017 BY LeapRate Staff
FXCM enjoys its last month atop US Retail Forex client stats
The CFTC has published US retail forex broker data for the month of January 2017, indicating a slight 1.3% rise in assets held by US retail forex traders to $532 million, up from $523 million in December 2016. Continuing to lead the way in December was FXCM, now a unit of the recently rebranded Global Brokerage Inc…
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March 06, 2017 BY LeapRate Staff
Ticker change not helping, FXCM / GLBR shares down another 16%
The rebranding of FXCM Inc to Global Brokerage Inc (NASDAQ:GLBR), and the change of its NASDAQ ticker symbol from the eponymous FXCM to GLBR, hasn't exactly seemed to work. At least so far. Shares of FXCM / GLBR continued to fall in its first week trading under its new moniker, down 16% on the week. GLBR…
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March 06, 2017 BY Valentina Kirilova
HotForex upgrades its myHotForex Client Area
Forex and commodities broker, HotForex, just announced that has launched the new design of its myHotForex Client Area. HotForex aims to smoothen its traders’ and affiliates’ experience when managing their accounts, making deposits or withdrawals. The new myHotForex area includes: responsive and user-friendly design extra convenient navigation straightforward access to key information fine-tuned functionalities, ease…
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March 06, 2017 BY LeapRate Staff
Morgan Stanley ups holding in CFD broker Plus500 to 7.82%
LeapRate Exclusive… LeapRate has learned via regulatory filings that global investment bank Morgan Stanley (NYSE:MS) has increased its stake in CFD broker Plus500 Ltd (LON:PLUS) to 7.82%, up from 6.5% in mid February and 2.4% as at the end of last year. Plus500 shares, and those of other leading UK online brokers including IG Group…
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March 05, 2017 BY admin
IG partners with China focused Forex broker m-FINANCE for liquidity
m-FINANCE Limited, a Forex and Bullion trading solutions provider with headquarters in Hong Kong and operations throughout Greater China has announced a new strategic partnership with IG Group Holdings plc (LON: IGG) that allows m-FINANCE’s brokerage clients to access IG’s unique liquidity pool. With headquarters based in the UK, IG is the largest retail FX…
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March 03, 2017 BY LeapRate Staff
Monex Group FX volumes down 21% in February to ¥156 billion ADV
Japanese online trading company Monex Group Inc. (TYO:8698) has reported its monthly business metrics for the month of February 2017, indicating a general decrease in activity from January. Overall at Monex, the number of Daily Average Revenue Trades (DARTs – the number of trades and transactions per day which generate revenue) was 262,809 in February –…
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March 03, 2017 BY LeapRate Staff
Retail Forex and CFD broker INFINOX ups client insurance protection to £500,000
FCA regulated retail forex and CFD broker INFINOX Capital Limited has announced that it has raised the threshold of clients’ insurance above the £50,000 compensation per customer provided by the Financial Services Compensation Scheme (FSCS), which is the fund of last resort for customers of UK authorised firms provided in case of a firm’s default or…
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March 03, 2017 BY LeapRate Staff
Swissquote reports rise in 2016 Revenues and Profit, Forex business declines
Swiss online banking and brokerage leader Swissquote Group Holding SA (SWX:SQN) has announced its results for 2016, indicating a nice rise in both Revenues and profitability. All areas of Swissquote contributed to the increase, except the company's eForex business which saw slightly lower trading volumes, although margins did increase along with eForex customer assets. Forex…
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March 02, 2017 BY LeapRate Staff
JFD Brokers adds Forex regulatory expert Demetris Tsingis to its Board
LeapRate Exclusive... LeapRate has learned that CySEC regulated retail forex and CFDs broker JFD Brokers has added Demetris Tsingis to its Board of Directors as an independent non-executive director. Demetris Tsingis runs FINCAP Advisers Ltd., a boutique financial advisory firm which provides turnkey tailored services to regulated financial entities, offering licensing and post-licensing services across all renowned EU…
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