Category: Brokers

stock market selloff
October 11, 2018 BY LeapRate Staff

Forex broker shares caught up in global stock selloff

Shares of leading publicly traded Retail FX and CFD brokers traded down on Wednesday and early Thursday, in concert with the global stock market selloff taking place over the last 24 hours. Led by a dive in US shares on Wednesday which saw the Dow Jones and S&P indices off by more than 3%, and…

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FP Markets Australia fx broker
October 11, 2018 BY Valentina Kirilova

Australia FX broker FP Markets launches MetaTrader 5

ASIC regulated Retail FX and CFDs broker FP Markets has announced that it has just added the multi-asset platform MetaTrader 5 to its offering of existing trading solutions. FP Markets is a forex broker with over 13 years of experience in the industry. The new platform enables the company to offer more tools for comprehensive…

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Gain Capital forex.com
October 10, 2018 BY LeapRate Staff

GAIN Capital shares up 9% after $50 million buyback revealed

Shares of Retail FX brokerage group Gain Capital Holdings Inc (NYSE:GCAP) rose by more than 9% on Tuesday after the company revealed plans to buy back up to $50 million of its own shares. Gain Capital's plans involve a Dutch Auction style buyback, which will see it pay between $7.24 and $7.94 per share tendered in…

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gain capital forex.com share buyback
October 09, 2018 BY LeapRate Staff

GAIN Capital buying back $50 million in shares at 5-15% premium

FX brokerage group GAIN Capital Holdings Inc. (NYSE:GCAP), which operates the FOREX.com and City Index Retail Forex brands, has announced that it commenced a "modified Dutch auction" tender offer to purchase up to $50 million of shares of its common stock, or such lesser number of shares of its common stock as are properly tendered and not properly…

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GO Markets launches Meta Trader 5
October 08, 2018 BY Valentina Kirilova

GO Markets launches Meta Trader 5

ASIC regulated Retail FX broker GO Markets has announced that it now provides the ability to its clients to trade via MetaTrader 5. GO Markets customers have access to the desktop, mobile and web platform versions. The Melbourne based company is one of the pioneers of online trading in Australia providing brokerage services in the…

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playtech offices
October 08, 2018 BY LeapRate Staff

Playtech raises €530M in junk bonds to repay Snaitech debt

Online gaming and financial trading company Playtech PLC (LON:PTEC) announced late Friday that it has successfully priced €530 million (USD $611 million) in new junk debt. The 3.75% senior secured five-year notes due 2023 are expected to be assigned a rating of BB by S&P Global Ratings Europe Limited, UK Branch and Ba2 by Moody's Investors Service…

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saxo bank fx volumes
October 05, 2018 BY LeapRate Staff

Saxo Bank September 2018 FX trading volumes hit multi-year lows

It looks like Saxo Bank's new ownership group has its work cut out. Continuing a very disturbing trend, trading volumes at Copenhagen based Retail FX broker Saxo Bank declined for the fourth consecutive month in September 2018, dropping to their lowest level since 2015. Saxo's all-important FX trading volumes - which account for more than…

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