Interesting interview today in Israeli business website Globes with CFD broker Plus500 co-founder and Managing Director Alon Gonen. Plus500 is arguably one of the most successful forex startups from Retail Forex's golden age of new firm creation in the late 2000's, having successfully gone public on the London Stock Exchange (LON:PLUS) with a market cap…
Read moreA memorandum has been circulated to RBS staff asking them to commit spare time to extra-curricular activities such as minor repairs, maintenance and cleaning - could the financial giant be feeling the pinch post-FX manipulation fine?
Read moreSaxo Bank's average daily volumes declined very slightly from $17.1 billion in October to $15 billion in November, however despite not matching October's high, volumes in November remain stable
Read moreChristopher Engel, along with his company Pinnacle Forex Group LLC collected client funds for purchasing FX contracts, but withdrew and misappropriated them. Despite never having been registered with the CFTC, an offense in the US, the authority has successfully issued an $819,000 fine
Read moreThrough filings made with the London Stock Exchange, LeapRate has learned that former London Capital Group (LON:LCG) CEO Simon Denham has sold most of his remaining stake in the company. Earlier this week Mr. Denham sold exactly 4 million LCG shares for about £1.36 million ($2.1 million), leaving him with just under 2.4 million remaining…
Read moreIntercontinentalExchange experienced a downturn in exchange-traded FX average daily volumes in November to 42,000 contracts compared to 44,000 contacts in October
Read moreAfter four and a half years at boutique algorithmic trading company Quantica Trading, Jamie Oschefski heads to New York-based Rizm to assume his senior sales position
Read moreChangeTip, the popular social media tipping platform, announced today that it has raised a $3.5 million Series A Round. Bitcoin investment firm Pantera Capital is leading the round, with participation from Bold Start Ventures, DCG, CryptoCurrency Partners, 500 Startups, and others. This latest round of funding will be allocated towards product enhancement, platform engineering development,…
Read moreIn today’s digital era, the ability to accurately register customers has become a fundamental business requirement for any organization wanting to operate an effective worldwide trading platform – especially as more and more customers are signing up using their mobile phones.
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