May 10, 2018 BY Valentina Kirilova

Evidence based investing platform Alpima hires Goldman Sachs veteran Anastasia Bikou as MD Sales

Alpima, the specialist front-office platform for institutional and professional investors, just announced the appointment of Anastasia Bikou as Managing Director of Sales. In this newly created role, Anastasia Bikou will report to Ilan Heimann, Head of Sales and Partnerships. Bikou joins Alpima from Goldman Sachs in London where she spent nine years and was most…

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May 10, 2018 BY Valentina Kirilova

Metamako enters security market, launches low-latency firewall solution

Metamako, provider of low-latency, FPGA-enabled network solutions, announced that it has now entered the security space with the announcement of its MetaProtect™ Firewall solution. The powerful 48-port (x10GbE) network appliance is designed to deliver new levels of ultra-fast firewall protection through packet filtering and logging. It is ideal for situations where a firewall solution is…

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May 10, 2018 BY LeapRate Staff

Social trading provider Ayondo posts $6.3 million loss in Q1-2018

FCA regulated social trading focused broker Ayondo has announced results for its publicly traded arm Ayondo Ltd., indicating growing Revenues but a large loss in the first quarter of 2018. Ayondo's Q1 results release mark its first as a public company. Ayondo went public on the Singapore Exchange in March in a $16 million IPO.…

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May 10, 2018 BY Valentina Kirilova

Scotiabank to acquire 51% of Banco Cencosud in Peru

Scotiabank announced that its Peruvian subsidiary, Scotiabank Peru, has reached an agreement with Cencosud Peru to acquire a 51% controlling interest in Banco Cencosud, which offers credit cards and consumer loans in Peru, for approximately CAD $130MM. Under the terms of the agreement, the two companies will also enter into a 15-year partnership to manage…

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May 10, 2018 BY Valentina Kirilova

TP ICAP revenue up 3% in four months period

TP ICAP plc has issued a scheduled trading update in relation to the four month period from 1 January 2018 to 30 April 2018. Revenue in the four months of £601 million was 3% higher than the prior period, consistent with its full year guidance in March. Trading was marked by improved conditions in rates…

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May 10, 2018 BY Valentina Kirilova

SEC charges hedge fund adviser with deceiving investors

The Securities and Exchange Commission (SEC) announced that it has charged New York-based investment adviser Premium Point Investments LP with inflating the value of private funds it advised by hundreds of millions of dollars. The SEC also charged Premium Point’s CEO and chief investment officer Anilesh Ahuja as well as Amin Majidi, a former partner…

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May 10, 2018 BY Valentina Kirilova

FCA warns against Dew Finance Services Limited firm

UK financial regulator Financial Conduct Authority (FCA) has issued its latest warning against an unregulated financial services provider targeting UK consumers. The FCA’s latest warning is against the company Dew Finance Services Limited. Dew Finance Services Limited is not authorised by the FCA but has been targeting people in the UK and is also carrying…

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May 09, 2018 BY LeapRate Staff

FXCM FX trading volumes slump 12% in April to $184 billion

Retail FX broker FXCM has reported its trading volume metrics for April 2018, which was the company's slowest month so far in 2018, although in line with what we have seen at several of the other leading online brokers. Overall, retail FX trading volumes were down 12% MoM from March to $184 billion, the first…

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May 09, 2018 BY LeapRate Staff

Amana Capital adds MT5 crypto CFD trading in Bitcoin, Ethereum, Litecoin and Ripple

Given the increased demand for cryptocurrencies, Amana Capital, a leading financial brokerage firm, announced today the long-anticipated launch of CFDs cryptocurrency trading on its MetaTrader 5 platform. This launch conforms with Amana’s mission in offering traders a wide variety of financial instruments and establishing a fully-fledged trading experience. In the first phase, Amana will offer…

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