FX broker TigerWit gets $5 million investment from VC firm Susquehanna LeapRate

March 01, 2018 BY LeapRate Staff

FX broker TigerWit gets $5 million investment from VC firm Susquehanna

China based Retail FX brokerage company TigerWit Group has announced that it has secured a USD $5 million investment from US technology investment and venture capital firm Susquehanna International Group (SIG). The company stated that this capital will enable TigerWit to further advance its mobile-focused trading technology and invest in new innovative technologies to enhance the…

March 01, 2018 BY LeapRate Staff

Paysafe hires two new VP Sales, Gretchen Bender and Bill Ranta

Payments service provider Paysafe has announced two sales leadership appointments to its North American team with the hires of Gretchen Bender as Senior Vice President of Sales, ISO Agents & Direct Sales, and Bill Ranta, as VP of Sales, Card Not Present. This latest investment in its North American Payment Processing business forms part of…

March 01, 2018 BY LeapRate Staff

FastMatch has second best ever month with February 2018 FX trading volumes at $21.1 billion ADV

Continuing its rebound from a fairly weak Q4, as well as continuing a string of strong FX trading volume reports from leading ECNs for the month of February, data from Forex ECN FastMatch shows continued growth and the company's second best ever month. FX trading volumes at FastMatch averaged $21.1 billion daily in February 2018, up…

March 01, 2018 BY LeapRate Staff

Another volume record for Cboe FX (Hotspot), February trading at $44.3 billion ADV

It looks like the FX industry's strong trading start to 2018 which we saw in January has continued, and even strengthened, into the second month of the year. Data from institutional Forex ECN Cboe FX Markets – formerly known as Hotspot FX – indicates that the company accommodated daily average trading volumes of $44.3 billion in…

March 01, 2018 BY LeapRate Staff

GAIN Capital’s GTX sets (more) daily and monthly institutional FX volume records in February 2018

Another month, another volume record. Continuing what has been a very strong start to the year with record FX trading volumes reported in January, GTX – the institutional FX arm of retail forex broker Gain Capital Holdings Inc (NYSE:GCAP) – has reported that it beat those figures handily in February, and by a wide margin. GTX…

Bitcoin astounds again – Testing $9,000, share up to 61% - What’s next?

February 28, 2018 BY Mariela Naydenova

The real "Master" of Bitcoin

It was Forbes magazine that first talked about the power of decentralization and the power of blockchain, hence the power of Bitcoin. So, the real power control over Bitcoin is hard to pinpoint sometimes. Yet, in times of great fluctuation and price "turmoil", one group of "Bitcoiners" appear stronger than other. The so-called "hodlers" or…

February 28, 2018 BY LeapRate Staff

Pakistan Mercantile Exchange (PMEX) switches to MT5 trading platform

Cyprus based trading platform provider MetaQuotes has announced that the Pakistan Mercantile Exchange (PMEX) has decided to offer its MetaTrader 5 (MT5) trading platform to all its market participants. This means that 333 PMEX members will be able to operate their business on MT5, and to offer advanced trading and investment facilities to their clients. The…

February 28, 2018 BY LeapRate Staff

Exclusive: China regulators kicking foreign FX brokers out of the country

LeapRate Exclusive... Is this the end of an era? LeapRate has learned that Chinese authorities have been approaching a number of foreign based Retail FX brokers with offices and operations in the country, demanding that they immediately shut down any physical presence in China. The "roundup" of foreign FX brokers began about two weeks ago…

football index new website sports betting

February 28, 2018 BY LeapRate Staff

Football INDEX expands sports betting in Sweden and Canada

Football INDEX, the world’s first football stockmarket which enables ‘football traders’ to buy and sell real money shares in the world’s top professional footballers, has announced its expansion into Sweden and Canada. Football fans in Sweden and Canada can now capitalise on their football knowledge and build a portfolio by selecting from over 2,000 footballers…