Category: Brokers

Monex Australia FX broker
January 15, 2018 BY LeapRate Staff

Monex Group goes live with Australia online trading sub offering $10 US equity trades

Japan based online brokerage and trading provider Monex Group Inc. (TYO:8698) has announced that it has started taking on new clients in its recently established, ASIC licensed subsidiary in Australia, Monex Securities Australia Pty Ltd. And, from the looks of things, it seems as though Monex wants to carve itself a niche offering international investments to Australian…

Read more
ACON Actienbank acquired JFD Brokers
January 15, 2018 BY LeapRate Staff

JFD Brokers acquires control of German investment bank ACON

CySEC regulated retail forex and CFDs broker JFD Brokers has announced that it has acquired 51% of established German investment bank ACON Actienbank AG. JFD did not give a price for the acquisition, but did state that it also holds an option to acquire an additional 20% of ACON in the future, which could take its…

Read more
January 15, 2018 BY Valentina Kirilova

Plus500 welcomes FCA's 'Dear CEO' letter

FCA regulated CFD broker Plus500 Ltd (LON:PLUS) informed that it takes note of the contents of a "Dear CEO letter" that the Financial Conduct Authority (FCA) has issued last week as a public announcement following its review of the CFD market. The announcement highlights the FCA's concerns regarding firms who offer and distribute CFDs to retail…

Read more
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…

Read more
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…

Read more
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…

Read more
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…

Read more