March 08, 2017 BY LeapRate Staff
FCA gets more than 4,000 submissions on Forex and CFD leverage / bonus rule proposals
Given the large response, the FCA will take more time than expected in finalizing the new rules.
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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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February 23, 2017 BY LeapRate Staff
BlackRock takes 9.2% position in UK Forex and CFDs broker IG Group - LeapRate Exclusive
LeapRate Exclusive... LeapRate has learned via regulatory filings that BlackRock, Inc. (NYSE:BLK) has upped its position in UK online broker IG Group Holdings plc (LON:IGG) to over 9%. New York based BlackRock is the world's largest asset manager, with more than $5 trillion in assets under management. IG Group is the UK's largest online broker,…
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February 15, 2017 BY LeapRate Staff
Norway central bank Norges takes 3% position in Skrill and NETELLER parent Paysafe Group
LeapRate Exclusive… LeapRate has learned via regulatory filings made in Norway and the UK that Norway’s central bank, Norges Bank, has taken a 3% equity position in the shares of online payments services giant Paysafe Group Plc (LON:PAYS). Paysafe’s brand portfolio includes NETELLER and Skrill, MeritCard, paysafecard, payolution, Income Access and FANS Entertainment. The Norges…
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February 14, 2017 BY LeapRate Staff
CMC Markets issues IPO bonus shares one year after
London-based online trading firm CMC Markets Plc (LON:CMCX) has announced the issuance of 28,861 shares, as part of the bonus offer to clients from its IPO last year. Last week marked one year since CMC Markets' IPO. In the IPO, an offer was made to retail clients who purchased shares in the offering, that they…
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February 12, 2017 BY LeapRate Staff
Forex Industry Week Review: FXCM US ban and client sale, FCA secret leverage meeting, and lots more…
Forex Industry News at LeapRate was clearly dominated this past week by the drama surrounding FXCM Inc (NASDAQ:FXCM) after it and its CEO were banned from the company's home US FX market. More of our coverage from the past week follows below. But there was much more. We reported exclusively on the secret talks being…
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February 09, 2017 BY LeapRate Staff
FCA holds secret roundtable with Forex and CFD brokers on leverage and bonus issues - LeapRate Exclusive
LeapRate Exclusive... LeapRate has learned that a secret, invitation-only meeting was held yesterday in London between the FCA and senior representatives from several of the leading regulated Forex and CFD brokers in the UK. The meeting was meant to help clear the air between the regulator and the brokers regarding the way the FCA 'surprised'…
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February 06, 2017 BY LeapRate Staff
Norwegian central bank Norges takes 3% position in CMC Markets
LeapRate Exclusive... LeapRate has learned via regulatory filings made in Norway and the UK that Norway's central bank, Norges Bank, has taken a 3% equity position in the shares of UK online Forex and CFDs broker CMC Markets Plc (LON:CMCX). The Norges Bank stake in CMC consists of 8.77 million shares, worth about £9.6 million (USD…
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January 30, 2017 BY LeapRate Staff
Super Bowl LI 2017 and the Markets: What can traders expect?
Recent and current teams suggest a potentially wild ride for traders.
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January 29, 2017 BY LeapRate Staff
Forex Industry Week Review: Saxo Bank layoffs, IG bans Binary Options traffic, IS Prime buys ThinkLiquidity , and lots more…
A little bit of everything in this past week's Forex Industry News at LeapRate: M&A activity, restructuring and layoffs, good and not-so-good financial reports from retail forex brokers... And the key stories you read about exclusively or first at LeapRate: Saxo Bank laying off 3% of its workforce, IG Group ending relationships with Binary Options…
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