One of the recurring themes we cover at LeapRate is that of risk management for Forex brokers. It is clear to us that some brokers do it well and some, let's say, not so well. Why does risk management remain such a ‘pain point’ for so many brokers? We're pleased to present our conversation on…
Read moreThe UK Financial Conduct Authority (FCA) has put out details of the cloned firm Jabac Finances Limited. Fraudsters are using the details of firms, authorised by the FCA, to try to convince people that they work for a genuine, authorised firm. Fraudsters are using or giving out the following details as part of their tactics…
Read moreCopenhagen based Forex and multi asset broker Saxo Bank today announced the appointment of Steve Weller as CEO of the MENA Region. Steve Weller will be based in Saxo Bank’s Dubai office and report directly to Damian Bunce, CCO of Saxo Bank. In his new role, Weller will assume the overall responsibility to grow and…
Read moreRetail Forex broker Alpari just announced that Vladimir Verbitskiy has been named to the post of Chief Executive Officer at the international financial Alpari brand. Verbitskiy previously worked as a business advisor to the brand’s owner; Andrey Dashin, and held the position of an independent director in the company. In his new role, he will…
Read moreLeapRate Exclusive... LeapRate has learned that FCA regulated broker ITI Capital Limited has made another addition to its senior management team, hiring Richard McCall as the company's new COO. Richard McCall was with proprietary trading firm Sun Trading International for the past four years, as its COO. Prior he was COO - EMEA Equity Derivatives in…
Read moreThe Hong Kong subsidiary of the international derivatives broker Sucden Financial just announced that it has appointed Phil Kim as Head of eFX Sales, Asia Pacific in Hong Kong. His focus will be on expanding the company's institutional eFX liquidity offering within the Asia Pacific region. Phil Kim has 13 years of experience in institutional…
Read moreUK 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 Quality Lending Service. Quality Lending Service is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…
Read moreLeapRate Exclusive... LeapRate has learned that Geneva and Latvia based Retail FX brokerage group Dukascopy continued its weak performance from the first half of 2017 into the second half of the year. Overall, Dukascopy posted Revenues of CHF 29.1 million (USD $29.0 million) in 2017, down 12% from CHF 33.2 million in 2016. The company…
Read moreTotal trading volume across Moscow Exchange (MOEX)’s markets rose by 9.1% in April 2018 to RUB 77.4 trln, the exchange has announced. All main markets showed turnover growth: the Equity Market by 83.5%, the Bond Market by 33.2%, the Derivatives Market by 24.7%, the Money Market by 7.6% and the FX Market by 6.3%. The…
Read moreBrickblock raises €5 million Series A with ambition to be the market-leading tokenized real estate investment platform. Finch Capital, a financial technology venture capital firm, announced that it will provide funding for the further development of the decentralized platform and the ambitious growth plans of the company Brickblock is a fintech company providing a decentralized…
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