Category: Brokers

Gain Capital forex.com
October 30, 2017 BY LeapRate Staff

Shares of FX broker GAIN Capital rise 20% after posting Q3 results

Shares of Retail and Institutional FX broker Gain Capital Holdings Inc (NYSE:GCAP) rose 20% on Friday, after the company reported its Q3 results after markets closed on Thursday evening. GAIN shares closed the week at $7.35, up more than $1 from Thursday's close of $6.14. This also represents GAIN Capital shares' highest trading level since May.…

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Alpari Latvia license
October 27, 2017 BY LeapRate Staff

Exclusive: Alpari back in the EU, receives Latvia license

LeapRate Exclusive... LeapRate has learned that Russia based Retail FX broker Alpari has initiated its return to the EU market, receiving an investment brokerage license from Latvia's financial regulator FKTK. Alpari has established Latvian subsidiary Alpari Europe IBS AS, which will be part of the international financial brand Alpari. The FKTK license was received earlier…

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Gaitame Japan forex website
October 27, 2017 BY LeapRate Staff

Gaitame.com Japan retail FX revenues down 20% in Q3, parent Tradition up 2.5%

Swiss interdealer broker Compagnie Financière Tradition SA (SWX:CFT) has reported preliminary summary results for Q3 2017, indicating continued weakness in its Japan Retail FX business, Gaitame.com. Overall, in the third quarter, consolidated revenue at Tradition was CHF 189.4 million (USD $190 million), compared with CHF 187.5 million in the same period in 2016, representing an…

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Gain Capital forex.com
October 27, 2017 BY Valentina Kirilova

GAIN Capital Q3 Revenues up 13% YoY

GAIN Capital Holdings, Inc. (NYSE: GCAP), the global provider of online trading services, and its Forex.com retail forex unit announced financial results for the third quarter of 2017, indicating that: Net revenue increased 13% year-over-year to $81.3 million GAAP net loss of $2.6 million, or $0.04 per share; adjusted net income of $2.1 million, or $0.05…

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Swissquote Malta 5 year anniversary
October 26, 2017 BY LeapRate Staff

Swissquote Malta to add Pension Custodial services as it celebrates five years in the EU country

Gland, Switzerland based online banking and brokerage leader Swissquote Group Holding SA (SWX:SQN) has announced plans to expand its regulated operation in Malta, as it held an event to celebrate five years as a licensed entity on the EU island country. Since its incorporation in October 2012, Swissquote Financial Services (Malta) Ltd has developed into…

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US retail forex market
October 26, 2017 BY LeapRate Staff

US Retail FX numbers plummet following FXCM market exit

A new report issued by Australia based research house Investment Trends has, not surprisingly, found that the US Retail and margin trading FX sector has taken a big hit in 2017, following the (forced) exit from the market earlier this year of former #1 broker FXCM. FXCM, and its founder and CEO Drew Niv, were banned…

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