LeapRate Exclusive... LeapRate has learned that Finsa Europe Ltd, which operates the Core Spreads financial spreadbetting and CFDs brand, has posted a net loss of £135,000 for 2017 (year ended November 30) versus a net profit of £147,000 in 2016. The loss came as Core Spreads grew Revenues from £8.0 million in 2016 to £11.4…
Read moreAfter a very strong start to the year including best-in-two-years volumes during February from its Retail FX units Forex.com and City Index, GAIN Capital Holdings Inc (NYSE:GCAP) has reported somewhat of a slowdown in activity during March, but still a fairly good result concluding what was a healthy amount of activity overall during Q1. GAIN Capital…
Read moreLeapRate Exclusive... LeapRate has learned that popular financial news site Investing.com has appointed Mickey Winitsky as its new CEO. Mickey Winitsky is replacing Itay Gissin, who was brought in by Investing.com founder Dror Efrat in 2014 to take over some of the key senior management responsibilities. Mr. Efrat remains active with the company. Mickey Winitsky is…
Read moreDigital asset trading platform Bitfinex has announced the introduction of 12 new token listings to its trading platform. The crypto exchange, which services for digital currency traders and global liquidity providers, announced the introduction to the platform of the following tokens: Aion (AION), IOSToken (IOST), Request Network (REQ), Raiden Network (RDN), Loopring (LRC), BnkToTheFuture Token (BFT), Cofound.it…
Read moreThe UK Financial Conduct Authority (FCA) has put out details of the cloned firm Bee Loans. 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 to…
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 Linq Capital National Bank. Linq Capital National Bank is not authorised by the FCA but has been targeting people in the UK and is also carrying…
Read moreDeutsche Börse has announced that Godewind Immobilien AG (ISIN: DE000A2G8XX3) was just listed in the Prime Standard of the Frankfurt Stock Exchange. Its shares opened trading at €3.60 following an issue price of €4.00. A total of 93.75 million shares were admitted for trading, of which 15 million stemmed from current share capital. J.P. Morgan…
Read moreIn March, Eurex Clearing’s OTC Interest Rate Derivatives (IRD) segment saw record activity under the new Partnership Program. Volumes increased around elevenfold compared to March 2017 with a total of EUR 1.7 trillion notional cleared. The total notional outstanding reached EUR 4.7 trillion compared to EUR 1.2 trillion in March 2017. Eurex Clearing’s Partnership Program…
Read moreBelize financial regulator IFSC has issued a Warning Notice regarding a company called Lanvert Limited. The entity is not licensed under the IFSC Act to provide, carry on, transact, or hold himself out as providing, carrying on, or transacting any of the international financial services as set out in the Schedule of the IFSC Act…
Read moreLondon-based Prime of Prime brokerage Stater Global Markets has announced that it has extended the choice of trading venues on offer to its institutional clients, with the addition of Cboe FX and FastMatch. This latest development from the London-headquartered Prime of Prime brokerage gives clients more options to access large pools of diversified liquidity. Ramy…
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