FX Industry Week Review: Playtech-Alpha deal size, GAIN Capital business exit, FX broker results, and lots more LeapRate

June 10, 2018 BY LeapRate Staff

FX Industry Week Review: Playtech-Alpha deal size, GAIN Capital business exit, FX broker results, and lots more

Why is the Playtech acquisition of Alpha Capital Markets likely to be completed at a much lower valuation than the previously advertised $150 million? Which business line did GAIN Capital shutter? Will ESMA's binary options ban and CFD leverage cap, set to come into effect this summer, apply to non-EU clients of EU brokers? How…

June 04, 2018 BY LeapRate Staff

Exclusive: Alpha results pre Playtech acquisition - Revenues £24.6M, EBITDA £3.5M

LeapRate Exclusive... LeapRate has learned via regulatory filings a number of further not-yet-disclosed details about Playtech's 2017 acquisition of Forex and multi-asset market maker and white label provider Alpha Capital Markets (formally ACM Group Limited). And, that the "$150 million" deal which saw Playtech buy ACM last year is likely to be completed at a…

August 27, 2017 BY LeapRate Staff

FX Industry Week Review: Playtech buys Alpha, China broker expands UK, Binary Options funds recovery, and lots more…

We normally list the week's key executive moves at the bottom of our weekly FX Industry News summary. However this week saw an extraordinary number of hires and departures involving CFH Systems, AxiTrader, Pepperstone, ADS Securities, CMC Markets Plc (LON:CMCX) - with all these moves being exclusively reported at LeapRate. (What was everyone else writing…

May 05, 2017 BY LeapRate Staff

Alpha 1H-2017 results: Revenues £12.9 million, Profit £1.8 million, Client Cash £75 million

Institutional FX brokerage ACM Group plc, more commonly known in the industry as just Alpha, has issued its results report for the first half of fiscal 2017 (September 30 year end, first half results are through March 31, 2017). At the half year mark the transformation process that the company began during the previous financial…

March 26, 2017 BY LeapRate Staff

Forex Industry Week Review: Spain CFD rules, XTB's new CEO, IG and Alpha results, and lots more…

Another wild week in Forex Industry News with more regulator action, more executive moves, more financial results from leading brokers and liquidity providers... ... and you read about all the important stories first or exclusively at LeapRate. Our top guest post of the week was also our most read and discussed post: Why has mobile adoption…

March 20, 2017 BY LeapRate Staff

Alpha Q1 results: Revenues £5.7 million, Profit £1.2 million, Client Cash £45 million

Following on our exclusive coverage of the 2016 results (12 months to September 30, 2016) of institutional FX brokerage ACM Group plc, more commonly known in the industry as just Alpha, we have been provided the company's results for the first quarter of fiscal 2017 indicating that Alpha's 2016 restructuring and strategy of focusing on…

March 19, 2017 BY LeapRate Staff

Forex Industry Week Review: CySEC toughens on bonuses, EZTrader raises $3.5M, Stan Wawrinka ad debut, and lots more…

Some of our most popular, shared and commented-on posts this week in Forex Industry News at LeapRate included: CySEC gets tougher on bonus schemes, banning referral payments, trading competitions, and cash rebates. Cyprus financial regulator CySEC has issued an information circular, providing what it calls “additional guidance” to CIF licensed brokers on the types of bonus…

March 17, 2017 BY LeapRate Staff

Institutional FX broker Alpha Capital Markets post £2.1 million loss in 2016

LeapRate Exclusive... LeapRate has learned via regulatory filings in the UK that FCA regulated institutional FX brokerage ACM Group plc, which operates under the brand name Alpha Capital Markets, has posted a loss of £2.1 million (USD $2.6 million) in fiscal 2016. Alpha has a September 30 fiscal year end. The news was not all…

ESMA Chairman targets asset managers for adequacy of liquidity concerns

March 15, 2017 BY LeapRate Staff

Alpha and Gold-i partner to offer MT4 / MT5 multi asset bridge and liquidity

Trading solutions and liquidity provider Alpha Capital Markets, and MetaTrader technology solutions firm Gold-i, have announced a joint effort to provide Alpha's liquidity solutions to MT4 and MT5 brokers, using Gold-i's bridge gateway. Gold-i launched its MT5 gateway last November. We understand that Alpha and Gold-i are currently finalizing implementation on their first joint client.…

September 19, 2016 BY LeapRate Staff

Templeton Securities changes name of its FCA regulated retail FX brokerage to TempleFX

LeapRate Exclusive... LeapRate has learned that FCA regulated stock broking house Templeton Securities has changed the name of its Retail Forex arm from TempletonFX to simply TempleFX. We had reported exclusively back in early July about Templeton's plans to launch a retail forex arm. TempleFX is operating as an Introducing Broker to Alpha Capital Markets…

Tag: Alpha Capital Markets