Online trading industry leading broker IG Group Holdings plc (LON:IGG) has reported its results for Q3-2017, indicating a slower quarter than its record Q2, but still coming in fairly strong. IG Group has a May 31 fiscal year end, so the quarter in question was the three month period of Dec-Jan-Feb. Before we get to…
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LeapRate Exclusive… Some of the world's leading institutional investors continue to make big bets on a turnaround in shares of leading UK online brokers, which were hit hard late last year after the FCA proposed new strict rules governing Forex and CFD trading. LeapRate has learned via regulatory filings that BlackRock, Inc. (NYSE:BLK) has increased…
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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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Financial research outlet Investment Trends has released its latest report on the Australia foreign exchange trading sector, showing continued growth of the Retail Forex sector down under. The latest report is based on a survey of more than 13,000 traders and investors conducted by Investment Trends in November 2016. Overall, Investment Trends calculated 4% growth…
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Given the large response, the FCA will take more time than expected in finalizing the new rules.
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Online trading industry broker IG Group Holdings plc (LON:IGG) has announced that it is offering commission free trading on all ETFs held in ISA accounts, allowing investors to buy and sell them for free during March and April. IG's ISA offer allows new and existing customers to trade from a range of more than 1,200 ISA…
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It was a week about change in Forex Industry News. And as usual, you read about it first or exclusively at LeapRate. The drama at FXCM Inc (NASDAQ:FXCM) cost CEO Drew Niv his job. Longtime Oanda UK CEO Daniel Skowronski left. Investing.com shut its auto trading service for Forex brokers, SignalTrader.com. In more positive news, LeapRate…
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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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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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Forex Industry News at LeapRate has a very 'affiliate' feel to it this past week, with LeapRate reporting exclusively about major changes made to the affiliate programs at two of the leading online brokers on both sides of the pond, Gain Capital Holdings Inc (NYSE:GCAP) and IG Group Holdings plc (LON:IGG). On the regulatory side of…
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