Tickmill targets Malaysian FX market with new Malay language website LeapRate

March 01, 2018 BY LeapRate Staff

Tickmill targets Malaysian FX market with new Malay language website

After recently adding Portuguese and Vietnamese language websites, FCA regulated Retail FX and CFDs broker Tickmill has announced the launch of a Malay language website, targeting expansion in the Malaysian market. The company said that the launch of a dedicated website that delivers product information and content of specific relevance to its fast-growing Malaysian client base…

March 01, 2018 BY LeapRate Staff

Exclusive: Plus500 increases affiliate CPA payments for cryptocurrency traders

LeapRate Exclusive... LeapRate has learned that leading online CFDs broker Plus500 Ltd (LON:PLUS) has made some key adjustments to the CPA rates it pays its affiliates via its 500Affiliates.com program, with an increased focus on bringing on board clients who trade (primarily) cryptocurrencies. Or more accurately, Plus500 won't any more disincentivize affiliates for bringing on board…

Ayondo proceeding with $16 million Singapore IPO

March 01, 2018 BY LeapRate Staff

Ayondo confirms filing of IPO document with the Singapore Exchange

Further to our report from yesterday that FCA and BaFin regulated social trading and CFD broker Ayondo is gearing up for another run at a Singapore IPO, Ayondo today formally announced that it had filed preliminary IPO documents with the Singapore Exchange, to list the company on the SGX Catalist Board. The Ayondo announcement (see full…

Devexperts crypto derivatives trading platform dxtrade

March 01, 2018 BY LeapRate Staff

Devexperts adds Cryptocurrency Derivatives to its dxTrade multi-asset trading platform

Munich, Germany based Devexperts, which develops retail and institutional trading platforms and market data solutions, has announced today that its dxTrade multi-asset and multi-market trading platform now supports cryptocurrency spot and derivatives trading. dxTrade is a cutting-edge trading solution for experienced brokers with an established business process and customer base looking for new opportunities. It…

March 01, 2018 BY LeapRate Staff

TechFinancials gives up CySEC license, closes OptionFair as Binary Options focus switches to China

Binary options technology and brokerage company TechFinancials Inc (LON:TECH) has announced that it has notified Cyprus financial CySEC of its intention to withdraw the Cyprus Investment Firm (CIF) license of its regulated subsidiary B.O. TradeFinancials Limited (BOT), and that it plans to shut down its OptionFair binary options brand, returning all client funds. BOT is the…

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…