Steffy Bogdanova
LeapRate Analyst

Experienced writer and journalist, working in the global online trading sector, Steffy is the Editor of LeapRate. She has previous experience as a copywriter and has been with the company since January 2020. Steffy has a British and American Studies degree from St. Kliment Ochridski University in Sofia.
StoneX
September 22, 2020 BY Steffy Bogdanova

StoneX's Prime Brokerage Group launches an outsourced emerging managers platform

Andrew Caplan, Head of Outsourced Trading at INTL Fillmore Advisors, a subsidiary of StoneX Group, sad: Emerging asset managers increasingly turn to outsourced trading desks to meet the challenges of heightened best execution requirements and market structure changes. Our team provides a premium service to these managers, offering our experience and professional buy-side traders as…

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September 21, 2020 BY Steffy Bogdanova

Fintech firm Neo introduces new multi-currency account for SMEs

Another advantage of the new accounts are their low fees. Treasurers are used to paying sizeable commissions and rates, much higher than interbank rates. Neo’s average trading fees vary between 0.05% and 0.25%. Laurent Descout, CEO and Founder of Neo, commented: The fintech revolution has impacted many areas of financial services to date, but corporate…

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ATFX
September 21, 2020 BY Steffy Bogdanova

ATFX adds Merck & Co share CFDs to its offering

Merck’s sales for last year rose 11% to $46.82 billion accomplishing the best annual revenue for the company since 2010. For the fourth quarter of 2020, experts forecast sales to growth of 2.05% to $47.8 billion. Income is expected to increase 9.6% to $5.69 a share. The company has received FDA approval for 63 new…

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Japan
September 21, 2020 BY Steffy Bogdanova

Crypto exchange Kraken returns to Japan

Kraken made its exit from the Japan market in 2018 so that it can refocus its resources on other markets that were growing exponentially at that time. The crypto exchange has been preparing for re-entering Japan for two years. In that period, the company established a Tokyo-based subsidiary, Payward Asia and built internal governance and…

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IG Group
September 18, 2020 BY Steffy Bogdanova

IG Group reports 62% increase in trading revenue for Q1 FY21

Other highlights of the Group’s report include: Q1 FY21 revenue in the Core Markets reached £170.8 million, up by 56% on the prior year (Q1 FY20: £109.4 million). Performance of the Retail client base in UK and Europe was strong, with growth delivered in both revenue per client and number of active clients. Q1 FY21…

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ASIC
September 18, 2020 BY Steffy Bogdanova

ASIC cancels Union Standard’s ASF licence

USGFX entered in to voluntary administration on 8 July with Andrew Cummins and Peter Krejci of BRI Ferrier (NSW) Pty Ltd appointed as administrator. Later on ASIC suspended the company’s Australian Financial Services licence until 23 September. The board of the UK division, USG UK announced that USG Group resolved on 15 August and the FCA regulated USG UK…

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Forex Weekly Look Back
September 18, 2020 BY Steffy Bogdanova

Forex Weekly Look Back: Plus500's investors deny Group CFO bonus, ISRA's Jeff Wilkins speaks about P&L and risk

CLS, the market infrastructure provider of risk mitigation services to the global FX market, has released its operating metrics for August 2020. The average daily traded volume submitted to CLS was USD1.649 trillion, down 0.5 percent from USD1.657 trillion in July 2020. Global technology provider First Derivatives announced the appointment of Steve Fisher as a Non-Executive Director of…

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