LeapRate Exclusive... LeapRate has learned that Australia based Retail FX and CFDs broker Pepperstone has taken another major step in re-opening its FCA regulated UK arm, Pepperstone Limited, hiring a new Head of UK Compliance in the person of Zack Ioannou. Zack Ioannou joins Pepperstone from GCM Prime, where he has also been the designated compliance…
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LeapRate Exclusive... LeapRate has learned that Australia based retail forex broker Pepperstone has accepted the resignation of UK director Mohammed Tayeb, replacing him on the board of Pepperstone Limited with the company's Melbourne, Australia based CEO APAC, Phil Horner. The move comes as Pepperstone is scrambling to renew activity in its FCA regulated UK arm. LeapRate…
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LeapRate Exclusive... LeapRate has learned that Pepperstone, one of Australia's leading retail forex brokers, has expanded its social and auto trading offering by adding RoboX from Tradency. We had reported that Pepperstone recently launched Tradency’s other main product, its MirrorTrader forex auto trading platform. Apparently the company decided to expand its agreement with Tradency, adding its…
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Leading Australia-based retail forex broker Pepperstone has announced a series of margin / leverage changes for its trading clients, which will take effect later this week ahead of next Sunday's second round of voting to select a new President in France. According to Pepperstone, the election will be a major test for the European Union…
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Australia financial regulator ASIC has added its powerful voice to the fray regarding the new rules governing what Forex brokers can and cannot do with client money, following the passage yesterday by Australia’s parliament of the Treasury Laws Amendment (Measures No 1) Bill 2016, known more commonly as the Retail Client Money law. The new…
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Breaking Forex News... LeapRate has learned that Australia's parliament today passed the Treasury Laws Amendment (Measures No 1) Bill 2016, known more commonly as the Retail Client Money law. We had reported back in November that the Australian government was going to change the rules as to what ASIC licensed retail brokers offering over-the-counter derivatives products (read:…
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Financial trading technology provider Tradency has announced that leading Australian retail forex broker Pepperstone is set to launch Tradency's MirrorTrader service. The MirrorTrader service will enhance Pepperstone's offering for clients with automatic execution of unique algo-strategies. Tradency's MirrorTrader provides technology for retail clients, which traditionally had only been available to institutional traders. The MirrorTrading concept…
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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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It was another very busy week of Forex Industry News, with LeapRate once again bringing you exclusively the big stories of the week - Pepperstone UK suspending all trading, and ETX Capital making another acquisition. There were also a number of senior personnel moves this week involving ADS Securities, INFINOX, and JFD Brokers. Our most…
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LeapRate Exclusive... LeapRate has learned that Australia-based retail forex broker Pepperstone has suspended trading for clients in its UK subsidiary Pepperstone Limited. LeapRate had exclusively reported last September on Pepperstone's somewhat quiet entry into the FCA regulated broker market. Pepperstone acquired what is now its UK subsidiary from online entrepreneur Mohammed Tayeb, who alongside his broker Omar…
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