LeapRate Staff
LeapRate Analyst
Spotware launches cXchange cryptocurrency exchange solution
November 08, 2018 BY LeapRate Staff

Spotware cXchange integrated with institutional crypto platform BitGo

Trading solutions provider Spotware has announced that its cryptocurrency exchange solution, cXchange, has been integrated with BitGo, the market leader in institutional cryptocurrency financial services. Spotware has just completed a deep integration between cXchange and BitGo’s wallet API platform. This integration allows any cXchange operator to plug in their BitGo Business Wallet thanks to the…

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EtherDelta logo
November 08, 2018 BY LeapRate Staff

ERC20 platform EtherDelta's founder Zach Coburn charged with operating an unregistered exchange

The U.S. Securities and Exchange Commission (SEC) today announced settled charges against Zachary Coburn, the founder of EtherDelta, a digital "token" trading platform. This is the SEC's first enforcement action based on findings that such a platform operated as an unregistered national securities exchange. According to the SEC's order, EtherDelta is an online platform for secondary market trading of…

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XTB fx broker office Warsaw
November 08, 2018 BY LeapRate Staff

Forex broker XTB sees Revenues down by 43% in Q3 to $12.7M

After reporting fairly strong results for the first half of the year, things seems to have cooled off somewhat during Q3 at X Trade Brokers Dom Maklerski SA (WSE:XTB) thanks to lower market volatility and ESMA's new CFD rules. X Trade Brokers, which operates Retail Forex broker XTB.com as well as the X Open Hub trading platform, reported that Q3…

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gain capital forex.com share buyback
November 07, 2018 BY LeapRate Staff

GAIN Capital $50M share buyback to be done at $7.84 per share

Retail FX brokerage group Gain Capital Holdings Inc (NYSE:GCAP) has announced the preliminary results of its "modified Dutch auction" tender offer, which expired at 5:00 P.M., New York City time, on November 6, 2018. GAIN Capital, which operates the FOREX.com and City Index retail forex brokerage brands, announced its intention to buy back up to $50 million of its own…

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Infinox website
November 07, 2018 BY LeapRate Staff

Exclusive: Infinox more than doubles Revenues in 2018 to £41.7M

LeapRate Exclusive... LeapRate has learned via regulatory filings that FCA regulated retail FX and CFDs broker Infinox Capital saw tremendous growth for the second year in a row in Fiscal 2018 (the company has a March 31 fiscal year end). Revenues at Infinox, formerly known as GO Markets UK, more than doubled during 2018 to £41.7…

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hantec markets office
November 07, 2018 BY LeapRate Staff

Exclusive: Hantec Markets grows revenues 38% to £5.3M in 2018

LeapRate Exclusive... LeapRate has learned via regulatory filings that FCA regulated retail FX and CFDs broker Hantec Markets had a fairly successful Fiscal 2018 year, with the company growing its Revenues by 38% and turning a 2017 net loss into a handy net profit for the year. Hantec has a June 30 fiscal year end,…

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Plus500 office
November 06, 2018 BY LeapRate Staff

Plus500 begins share buyback slowly acquiring £105,000 in stock

FCA regulated online CFDs broker Plus500 Ltd (LON:PLUS) has begun its recently announced share buyback fairly slowly, with the company acquiring a total of 8,155 of its own shares via broker Liberum Capital in open market transactions since first announcing the buyback late last month. Plus500 paid an average price of £12.9655 per share, for a grand…

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JFD Brokers expands tradeable stocks’ portfolio
November 06, 2018 BY LeapRate Staff

JFD Brokers completes the acquisition of ACON Bank

Almost 11 months after JFD Brokers started the acquisition of the investment bank ACON, the German financial industry regulator Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) as well as the Central Bank of Germany (Bundesbank) approved the deal. With the acquisition, the multi asset broker and portfolio manager JFD Brokers enhances its product portfolio with investment banking, trading…

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soren kyhl saxo bank
November 05, 2018 BY LeapRate Staff

Forex broker Saxo Bank promotes Soren Kyhl to Deputy CEO

Continuing to reshape its senior management team after control of the company passed to China's Geely Group, Copenhagen based Retail FX broker Saxo Bank has announced two changes to the Board of Management, involving two current executives at the company. The latest changes include: Board of Management member Søren Kyhl has been promoted to Deputy CEO…

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