At the end of the first half of 2017, Alpari’s trading turnover across the key markets in which it operates came to 600.9bn USD. This marks a 16% increase on the same period in 2016. The international brand’s trading turnover has increased on most of the more popular currency pairs among traders and investors. The…
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Warsaw based X Trade Brokers Dom Maklerski SA (WSE:XTB), which operates Retail Forex broker XTB.com as well as the X Open Hub trading platform, has issued preliminary Q2 results indicating improved performance for the company over what was a very slow Q1. XTB continued its quite unusual pattern of up-and-down performance, with Revenues up to PLN…
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Hong Kong retail forex broker KVB Kunlun Financial Group Ltd (HKG:8077) has issued a statement warning investors that it expects to record a significant decrease in net profit for the first six months of 2017, as compared to the net profit recorded for the six months ended 30 June 2016. Profit warnings have become something of…
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LeapRate Exclusive... LeapRate has learned via regulatory filings that FCA regulated financial and sports spread betting company Spreadex saw no growth in its latest Fiscal year ended May 31, 2017. However Spreadex continued to generate healthy profits, up slightly from the previous year. Overall, Spreadex brought in £50.276 million in Revenue in 2017, virtually identical to last…
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Swiss interdealer broker Compagnie Financière Tradition (SWX:CFT) has reported first-half consolidated revenue of CHF 411.4m, compared with CHF 425.2m in the same period in 2016, a decrease of 0.6% at constant exchange rates. In current currencies, the reported revenue remains impacted by the weakness of pound sterling following the vote on Brexit, down 3.3% compared…
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In a dramatic hostage situation now entering its sixth day, Chinese clients of Australia based retail FX brokerage USGFX continue to hold a number of the company's employees as hostages, barricaded inside USGFX's Shanghai offices. Somewhere between 30 to 50 USGFX clients entered the offices last Wednesday, demanding the return of about $2.6 million in…
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Saxo Capital Markets UK Limited, the UK subsidiary of Copenhagen based multi asset broker Saxo Bank, announced today that it has reduced the minimum spread for UK clients trading the UK100, the CFD index of the 100 largest UK listed companies by market capitalisation. Saxo offers spreads from as low as 0.8 basis points. The reduction in…
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Continuing out coverage of leading Retail FX brokers partnering with top sports personalities, CySEC licensed retail forex broker UFX.com has just announced a new partnership with Spanish football star Andrés Iniesta. The FC Barcelona Captain has joined UFX as its international Brand Ambassador. This marks the second sports celebrity Brand Ambassadorship for UFX, which also…
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New Zealand based Retail FX brokerage firm Blackwell Global has announced that it has taken public a company called Blackwell Global Holdings Limited on the New Zealand Stock Exchange's NZX Main Board, via a transaction that effectively amounts to a reverse takeover of a publicly traded shell company called NZF Group Limited. The initial market…
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LeapRate Exclusive... LeapRate has learned that Australia based Retail FX and CFDs broker Pepperstone has taken another major step in re-opening its FCA regulated UK arm, Pepperstone Limited, hiring a new Head of UK Compliance in the person of Zack Ioannou. Zack Ioannou joins Pepperstone from GCM Prime, where he has also been the designated compliance…
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