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Gerald Segal is a Managing Director at LeapRate, which provides analysis of the Online Forex Trading world. Gerald's reports are a leading source of information on the size, growth and regulation of the Online Forex industry. Prior to founding LeapRate Gerald was an investment banker for 18... More
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  • Financial Regulators Look At The Licensing Of Auto And Copy Trading

    Those who make money by having retail traders copy or mirror their trades will need to be licensed.

    ASIC, FCA, copytrading, mirror trading, regulation, PAMM regulation, auto trading regulation, Australia, forex newsLeapRate Exclusive... LeapRate has learned that two of the world's leading financial regulators, certainly when it comes to forex regulation -- ASIC in Australia and the FCA in the UK -- are in the advanced planning stages of regulating the practice of copy trading / auto trading / mirror trading.

    While still not finalized in either instance, it appears as if both ASIC and the FCA will require anyone directing the investing and trading of client money, such as copy and mirror trade leaders as well as PAMM managers, to have an appropriate money managers' license, whether or not they actually hold client funds.

    For more details see LeapRate's Forex Industry News at leaprate.com.

    For more on the global Forex industry see the LeapRate-Dow Jones Forex Industry Report.

    fx brokers, forex brokers, trade forex, fx trading, avafx, axitrader, fxcm, alpari, swissquote, mig bank, FXCM, FXDD, FxPro, forex news

    Aug 13 11:07 AM | Link | Comment!
  • Financial Regulators Look At The Licensing Of Auto And Copy Trading
    Those who make money by having retail traders copy or mirror their trades will need to be licensed.

    ASIC, FCA, copytrading, mirror trading, regulation, PAMM regulation, auto trading regulation, Australia, forex newsLeapRate Exclusive... LeapRate has learned that two of the world's leading financial regulators, certainly when it comes to forex regulation -- ASIC in Australia and the FCA in the UK -- are in the advanced planning stages of regulating the practice of copy trading / auto trading / mirror trading.

    While still not finalized in either instance, it appears as if both ASIC and the FCA will require anyone directing the investing and trading of client money, such as copy and mirror trade leaders as well as PAMM managers, to have an appropriate money managers' license, whether or not they actually hold client funds.

    For more details see LeapRate's Forex Industry News at leaprate.com.

    For more on the global Forex industry see the LeapRate-Dow Jones Forex Industry Report.

    fx brokers, forex brokers, trade forex, fx trading, avafx, axitrader, fxcm, alpari, swissquote, mig bank, FXCM, FXDD, FxPro, forex news

    Tags: AMP, AMTD, BAC, BBD, BBVA, BCS, BGCP, BK, BMO, BNS, BTFRF, C, CM, CME, CS, DB, DJ, ETFC, FB, FTGI, FXCM, GCAP, GS, HSBC, IAPLF, IAPLY, IBKR, IGGRY, JEF, JPM
    Aug 13 11:05 AM | Link | Comment!
  • FXCM And Gain Capital Post Stellar Q2 Results

    Looks like its a great time to be a retail forex broker. FXCM posted record revenues and its shares traded up 8%. And Gain Capital (Forex.com) posted record revenues and profits -- and this is before it closes the acquisition of GFT. The secret? Rising margins. Details at LeapRate:

    Gain Capital (Forex.com) revenues and profits soar in Q2

    FXCM shares respond well to Q2 results and July volumes

    For more on the global Forex industry see the LeapRate-Dow Jones Forex Industry Report.

    fx brokers, forex brokers, trade forex, fx trading, avafx, axitrader, fxcm, alpari, swissquote, mig bank, FXCM, FXDD, FxPro, forex news

    Aug 07 5:40 PM | Link | Comment!
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