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Follow on Google News | LeapRate Updates its Online Forex Industry ReportLeapRate is pleased to announce the first major update to our Online Forex Industry Report, which we originally published in December 2010.
By: LeapRate Market size – we have revised (downward) our estimate of the global online Forex market, from $194 billion in daily volume to $172 billion. The downward revision follows on reports of lower trading volumes at several firms worldwide in the second half of 2010 and/or so far in 2011 (such as at Saxo Bank, FXCM, FxPro, FXOnline Japan, among others), and the implementation of leverage restrictions in the US and Japan. Valuations – we have added a page comparing public and M&A valuations for Forex companies. As well, we’ve updated the: - list of financings and M&A transactions in the Forex sector from 2005 to present, - list of leading Forex firms by region and estimated current trading volumes, - all tables and charts in the report, as appropriate, and - Company Summaries for Saxo Bank, IG Group, FXCM, Gain Capital, FxPro and AvaFX. You can download an excerpt of the updated report from our website at http://www.leaprate.com/ To order the complete report, please contact us at info@leaprate.com. # # # Which Forex firm should I trade with? LeapRate's Approved Forex Firms list ( http://www.leaprate.com/ End
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