LeapRate Exclusive Interview... It isn't easy to get big companies to implement your software for mission critical uses. And in the online trading business, where bringing in new clients is certainly essential, a broker's affiliate program - and the software running that program - can make the difference between success and failure. We thought then…
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Exness also reported highest ever number of active clients during a calendar month at 42,423.
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Special administrator RSM Restructuring Advisory LLP has filed an update on its work on the bankruptcy of retail forex broker LQD Markets. LQD Markets went belly-up in the wake of the January 2015 Swiss Franc spike - meaning that some former clients are still waiting for their money back, more than two years on. According…
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Derivatives marketplace operator CME Group Inc (NASDAQ:CME) announced the appointment of a new member to its Competitive Markets Advisory Council (CMAC), Jacob Frenkel, Chairman of the Board of Trustees for the Group of Thirty (G-30), a private, nonprofit, international body comprised of financial industry leaders; as well as Chairman of the Board of Governors of…
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LeapRate Exclusive... LeapRate has learned from filings made in Russia that the Bank of Russia has issued a seventh license to operate a retail forex brokerage operation in the country, to Fix Trade LLC. Fix Trade is a Russian subsidiary of InstaForex, an (otherwise) unlicensed retail forex broker focusing on the CIS countries and the…
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Retail forex broker Gain Capital Holdings Inc (NYSE:GCAP) has reported its 2016 year-end and Q4 financial results, as well as trading volume metrics for the month of February 2017. And, the results are very mixed. On the one hand, Q4 was a very strong one at Gain Capital and its Forex.com retail FX unit, following…
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Continuing a theme we are seeing from a number of leading retail forex brokers over the past few months, CySEC-regulated JFD Brokers has just announced a redesign of its website with what it calls a 'clean design'. The trend in Retail Forex, certainly compared to the Home Pages of brokers in the not-so-distant past, is…
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GAIN GTX LLC (GTX), a registered swap dealer, has hired Ed Schwartz as Managing Director, Agency Sales. Prior to joining GTX, Ed Schwartz was at Citi, where he was responsible for covering global macro and real money accounts. He previously held senior sales and trading roles at Bank Julius Baer, JP Morgan and Bankers Trust-Deutsche Bank.…
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CFD broker Plus500 Ltd (LON:PLUS) sets out below the process by which Plus500 will withhold tax on any dividends distributed by the Group, including with respect to the upcoming dividend, as set forth below. On 7 February 2017, the Group announced a final dividend per share of $0.3799 ($43.6 million) and a special dividend per…
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LeapRate Exclusive... LeapRate has learned that FCA regulated retail forex broker GKFX has hired Hannah Hill as its new Head of Public Relations and Brand. Ms. Hill is a well known Forex industry figure. She worked most recently in the London office of Israel-based retail forex broker eToro as Head of Brand Marketing, helping eToro…
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