LeapRate Exclusive Interview... As competition in the Retail FX space becomes more fierce, as clients start to trade more cryptocurrencies, and as regulators place more limitations on the sector, dealing properly with issues such as risk management and liquidity can often make the difference between success and failure (or even survival) for brokers. So it…
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London based electronic trading firm and exchange operator NEX Group PLC (LON: NXG) has issued a Trading Update for its first fiscal quarter of 2019, the three month period ended June 30, 2018 (NEX has a March 31 fiscal year end). Ahead of the company's £3.9 billion acquisition by US rival CME Group, expected to…
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After posting 60% revenue growth last year, UK-based foreign exchange service provider Alpha FX Group plc (AIM:AFX) has issued a strong Trading Update for the six month period ended June 30, 2018. The company stated that it is pleased to report that revenue for the period is expected to be approximately £9.6 million (USD $12.7 million), representing…
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LeapRate has learned that Cyprus based, CySEC licensed Retail FX broker and social trading platform Naga Markets (formerly SwipeStox) has hired experienced FX industry marketing executive Dominic Poynter as the company's new Head of Marketing & Affiliates. Naga also operates an offshore brokerage under the same brand, Naga Capital Ltd, based in St. Vincent & the…
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Cryptocurrency market maker B2C2 has announced a partnership with broker technology solutions provider oneZero Financial Systems, which will enable oneZero’s clients to gain access to B2C2, one of the largest cryptocurrency liquidity providers, as part of the oneZero EcoSystem. The integration of the firms’ trading systems will allow them to address significant demand among institutional…
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CySEC regulated online brokerage and investment company RoboMarkets has announced that it has signed an official partnership agreement with BC Žalgiris. Under this Agreement, RoboMarkets becomes an official sponsor of BC Žalgiris in the Lithuanian Basketball League (LKL) during the 2018/2019 season. Žalgiris is a basketball club based in Kaunas, Lithuania. It was founded back in…
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MetaTrader technologies specialist Gold-i has announced that it has expanded its team with a series of senior promotions and new appointments to reflect client demand and global growth opportunities for its multi-asset liquidity management and risk management products. Julian Elliott, former Operations Director at Gold-i has been promoted to Chief Commercial Officer, responsible for sales…
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London based Forex, CFDs and cryptocurrency derivatives trading broker ThinkMarkets has announced that it is extending its £1 million insurance cover to include Elective Professional Traders. Regulated by the UK’s financial watchdog, the FCA, since 2015, and under the supervision of ASIC in Australia, ThinkMarkets stated that it is not only overseen by some of the…
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LeapRate Exclusive... LeapRate has learned that FCA regulated Retail and Institutional FX and CFD brokerage Valutrades has hired Harry Campbell-Lamerton as the company's new Chief Operating Officer (COO). Harry Campbell-Lamerton joins Valutrades in London with over 10 years of experience in FX brokerage and Prime of Prime services. Most recently, he worked at the UK…
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Continuing a string of fairly anemic volume reports we have seen for the month of June 2018 from leading Retail and Institutional FX platforms, Gain Capital Holdings Inc (NYSE:GCAP) has reported that retail volumes - consisting mainly of activity at its FOREX.com unit, as well as City Index - declined by 12% from May, coming…
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