Category: Brokers

Chapter 11 reorganization filing
January 12, 2018 BY Valentina Kirilova

Global Brokerage receives 79% yes votes to move forward with reorganization

Global Brokerage, Inc. (NASDAQ:GLBR), formerly known as FXCM Inc, announced that, after receiving votes from approximately 78.5% of the holders of its 2.25% Convertible Notes due 2018 (the "Current Notes") unanimously approving its proposed, prepackaged plan of reorganization (the "Plan"), Global Brokerage has filed a voluntary petition for reorganization under Chapter 11 of the Bankruptcy…

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swissquote bitcoin cfd
January 12, 2018 BY LeapRate Staff

Swissquote announces positive earnings surprise for 2017 driven by Cryptocurrency trading

Swiss online banking and brokerage leader Swissquote Group Holding SA (SWX:SQN) has announced that it will report better-than-expected results for the second half of 2017 (when final results are released in early March). The driver - cryptocurrency trading. Swissquote was the first European online bank to introduce Bitcoin CFDs in mid 2017 as well as trading…

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TigerWit China fx broker
January 11, 2018 BY LeapRate Staff

China FX broker TigerWit buys FCA regulated Mercor Index

Continuing its international expansion and clear plans to grow in Europe, China based Retail FX brokerage group TigerWit has announced that it has acquired Mercor Index, the UK based and FCA regulated broker set up by longtime London Capital Group Holdings plc (LON:LCG) CEO Simon Denham. Mr. Denham set up Mercor Index in 2015 after Charles-Henri…

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IG Group office
January 10, 2018 BY Valentina Kirilova

IG Group welcomes FCA's review of the CFD market

UK online trading leader IG Group Holdings plc (LON:IGG) noted that the Financial Conduct Authority (FCA) have today issued a letter to all providers and distributors of contracts for difference (CFD) products. IG informed that it welcomes the FCA's review on the provision and distribution of CFD products to clients on an advisory or discretionary…

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FXCM Group
January 09, 2018 BY Valentina Kirilova

FXCM Group releases free Forex tick data

Retail forex broker FXCM Group, LLC announced that it has just released free Forex tick data for the most popular currency pairs. Traders can import weekly tick data within seconds directly from FXCM servers to back-test algorithmic strategies, and create models with precision. With FXCM, traders have access to robust market data solutions, and advanced…

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LCG trading floor
January 09, 2018 BY LeapRate Staff

LCG shareholder vote on LSE delisting set for February 6

FCA regulated Retail Forex, CFDs and Spread Betting broker London Capital Group Holdings plc (LON:LCG) has announced that it plans to hold a shareholder vote on delisting the company’s shares from trading on the London Stock Exchange AIM market on February 6. When LCG originally announced its plans to delist from the LSE in late December,…

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Bitcoin
January 08, 2018 BY Valentina Kirilova

GAIN Capital continues global rollout of Bitcoin trading adding Australia and Singapore

GAIN Capital Holdings, Inc. (NYSE: GCAP) today announced the launch of Bitcoin trading in Australia and Singapore on the Company's City Index branded service, which is regulated by ASIC and MAS, respectively. GAIN Capital's Bitcoin offering enables its customers to trade the value of the cryptocurrency through a highly-regulated, trusted broker, without the need to…

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