LeapRate Staff
LeapRate Analyst
Joe Rundle Markets.com CEO
March 23, 2018 BY LeapRate Staff

Exclusive: Joe Rundle leaves ThinkMarkets to become Markets.com CEO

LeapRate Exclusive... LeapRate has learned that longtime Retail FX executive Joe Rundle has left his position as Director of Trading and Partnerships at ThinkMarkets, and joined Markets.com as its new CEO. Markets.com is the Retail FX brand name of CySEC licensed Safecap Investments Ltd., owned ultimately by Playtech PLC (LON:PTEC). Joe Rundle has been in the…

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LCG trading floor
March 22, 2018 BY LeapRate Staff

LCG shareholders approve going-private deal, FCA approval pending

Following our exclusive report from earlier this month revealing that FCA regulated Retail FX, CFDs and spreadbetting broker London Capital Group is going to be taken private by CEO Charles-Henri Sabet, the company has announced that a shareholders meeting was held yesterday and that the proposed transaction (see more details below) was approved as planned. The going-private…

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z.com trade capital raise
March 21, 2018 BY LeapRate Staff

Exclusive: Z.com Trade gets £2 million capital injection from parent GMO Financial Holdings

LeapRate Exclusive... LeapRate has learned that Japanese online and FX trading giant GMO Financial Holdings (TYO:7177) has invested an additional £2 million (USD $2.8 million) of capital into its FCA regulated UK subsidiary, GMO-Z.com Trade UK Limited, which operates the Z.com Trade brand. GMO is the world's largest Retail FX broker, mainly based on its leading…

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alpha fx group plc lse listing
March 21, 2018 BY LeapRate Staff

Alpha FX posts 60% Revenue growth in 2017 to £13.5 million

Corporate foreign exchange specialist Alpha FX Group plc (LON:AFX) has released its results for 2017, indicating healthy growth on both the top and bottom line. Alpha indicated that Revenue was up 60% in 2017 to £13.5 million (2016: £8.5 million), with operating profit up 29% to £5.6 million (2016: £4.4 million). The year was also a milestone…

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ADS Securities ferrari driving academy sponsor
March 20, 2018 BY LeapRate Staff

Forex Sports Sponsorship: ADS Securities backs Ferrari Driver Academy

Abu Dhabi based global investment and trading firm ADS Securities LLC (ADSS) has announced that it will be continuing and expanding its successful motorsport sponsorship program in 2018. For the last five years ADSS has supported the successful single-seater racing career of the highly talented Swiss driver, Louis Delétraz. Having worked with Louis since his…

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How to earn money from affiliate programs
March 20, 2018 BY LeapRate Staff

Redefining your affiliates under MiFID 2

The following article was written by Amram Margalit, content manager at Leverate. MiFID, or the Markets in Financial Instruments Directive, has presented European financial institutions with a vast array of challenges. One of these is the relationship with and definition of Introducing Brokers, or IBs. The real question is whether all member company affiliates must be classified…

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March 19, 2018 BY LeapRate Staff

Electronic Transaction Clearing settles charges of misusing client funds

The U.S. Securities and Exchange Commission (SEC) today announced that Electronic Transaction Clearing (ETC), a registered broker-dealer headquartered in Los Angeles, has agreed to settle charges that it illegally placed more than $25 million of customers’ securities at risk in order to fund its own operations. Among other things, the SEC found that ETC violated the…

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