LeapRate Staff
LeapRate Analyst
Gabriela Liber Equiti Group
February 12, 2018 BY LeapRate Staff

Equiti Group hires TradAir, TraderTools and Saxo Bank veteran Gabriela Liber for institutional FX sales

Equiti Group, the parent company of prime brokerage provider Divisa Capital and Retail FX arm Equiti.com, has announced that it has bolstered its institutional business team with the new appointment of Gabriela Liber as Senior Manager - Institutional Sales. The company stated that Ms. Liber brings her extensive international sales, trading and operational experience gained…

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Core Spreads website
February 12, 2018 BY LeapRate Staff

Exclusive: Spreadbetting broker Core Spreads raises £2.8 million, upgrades FCA license

LeapRate Exclusive... LeapRate has learned that Finsa Europe Ltd., which operates online spreadbetting, CFD and Forex trading brokerage brand Core Spreads (at corespreads.com), has received a capital injection of £2.8 million from the company's controlling shareholder Jasper White. The investment marks a large milestone for the company, as to date only £192,000 was invested in the company,…

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Cashless payment solutions provider Nayax establishes Europe operations in Lithuania
February 12, 2018 BY LeapRate Staff

SafeCharge ups investment in cashless payment solutions provider Nayax to $24.5 million

Payments services and technologies provider SafeCharge International Group Ltd (LON:SCH) has announced that it has invested further in Nayax Ltd., a leading global cashless payment solutions provider for the unattended machine industry. SafeCharge made its initial investment in Nayax in December 2016 and today's follow-on investment takes the total investment by SafeCharge to approximately USD $24.5 million, in…

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Formax ZuluTrade acquisition price
February 09, 2018 BY LeapRate Staff

Exclusive: Price paid by Formax for ZuluTrade: $12.4 million

LeapRate Exclusive... LeapRate has learned that China based Formax Group's acquisition late last year of social / copy trading platform provider ZuluTrade, and related companies, was concluded at a price of USD $12.41 million. Formax actually acquired a lot more than just the ZuluTrade name, technology and platform. Indeed, when breaking down the purchase price,…

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GLBR Chapter 11 bankruptcy approved
February 09, 2018 BY LeapRate Staff

Global Brokerage successfully exits bankruptcy, convertible notes replaced

FX brokerage holding company Global Brokerage Inc (OTCMKTS:GLBR), formerly known as FXCM Inc, has announced that it has successfully completed its prepackaged plan of reorganization, and has emerged from Chapter 11 bankruptcy. The effective date of its prepackaged Chapter 11 Plan of Reorganization of was confirmed by Bankruptcy Judge Michael E. Wiles on January 22, 2018,…

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AvaTrade crypto affiliates cpa
February 08, 2018 BY LeapRate Staff

Exclusive: AvaTrade restarts taking crypto trading clients via Affiliates with $100 CPA

LeapRate Exclusive... LeapRate has learned that one of the early regulated FX brokers in offering crypto trading to its clients – is restarting paying affiliates active in its affiliate program AvaPartners for bringing on board what it defines as 'cryptocurrency traders'. As was exclusively reported by LeapRate in December, AvaTrade decided to stop paying affiliate commissions for new crypto…

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