FCA regulated Tickmill launches FX liquidity and white label arm Tickmill Prime LeapRate

May 11, 2017 BY Valentina Kirilova

FCA regulated Tickmill launches FX liquidity and white label arm Tickmill Prime

UK FCA regulated global provider of FX and CFD brokerage services Tickmill launched Tickmill Prime, which is designed to provide brokers, banks, hedge funds, money managers and professional traders with access to FX and CFD liquidity, advanced technology and white label solutions. Tickmill has invested heavily in its infrastructure in Equinix data centres in London,…

May 11, 2017 BY LeapRate Staff

Hong Kong forex broker KVB Kunlun posts HK$18.9 million loss in Q1

Following our earlier report about the Q1 profit warning it issued, Hong Kong Forex retail forex broker KVB Kunlun Financial Group Ltd (HKG:8077) has followed up by releasing its full first quarter 2017 results, indicating a major slowdown in business and a large net loss. Overall, Revenues at KVB Kunlun came in at just HK$65.6 million…

May 11, 2017 BY Valentina Kirilova

Blackwell Global adds Tung Shing veteran Gary Cheung as Hong Kong CEO

SFC regulated multi-asset brokerage Blackwell Global Hong Kong has today announced that it has appointed finance veteran Gary Cheung Wai Kwok as Chief Executive Officer with immediate effect. Mr Cheung’s leadership appointment is part of a rigorous and comprehensive nomination that was made in alignment with the company’s mission and direction. He has been in…

May 10, 2017 BY Valentina Kirilova

Prime Broker and Clearing firm GPP announced rebrand

Prime Broker and Clearing firm GPP announced that it relocates to larger offices to accommodate growing business lines and coincides move with a rebrand and new website. So far GPP's number of clients is up 14% compared to last year. In February GPP launched Structured Products Business and is set to launch new business lines…

May 10, 2017 BY LeapRate Staff

LCG hires Emilio Lobo as Head of Business Development

LeapRate Exclusive... LeapRate has learned that UK online brokerage London Capital Group Holdings plc (LON:LCG) has continued to build its management team, hiring forex industry veteran Emilio Lobo as its new Head of Business Development. Mr. Lobo spent the last year consulting on MiFID II product development and compliance. From 2013-2016 he ran the IronFX representative…

May 10, 2017 BY Valentina Kirilova

Forex broker Pepperstone signs up to iSignthis KYC / AML services

iSignthis Ltd (ASX:ISX) just announced that it has entered into an agreement with Pepperstone Group Limited, for Paydentity and Payment Gateway services, for the group's UK and Australian operations. ISX will supply Paydentity and Payment gateway for UK and Australia. iSignthis Ltd will announce integration and go live dates once they have been agreed with Pepperstone.…

May 09, 2017 BY LeapRate Staff

IG Group statement on BaFin CFD regulation for Germany

UK online trading leader IG Group Holdings plc (LON:IGG) has put out a statement to the effect that it welcomes the new CFD regulation put in place by Germany financial regulator BaFin. BaFin finalized new, relatively mild, rules for Forex and CFD brokerage, basically requiring just negative balance protection for German traders. No limits were…

Sucden hires UBS FX exec Kirsty Gillies to head eFX Sales

May 09, 2017 BY Valentina Kirilova

Sucden launches OTC FX options service

International derivatives broker Sucden Financial has launched a new OTC FX options service. The new offering provides users with the ability to price their own option structures online and benchmark those prices against independent data for greater transparency. Having identified client requirements regarding liquidity, cost and the availability of independent pricing data, we realised that…

May 09, 2017 BY LeapRate Staff

CMC Markets says it welcomes new Germany BaFin CFD regulation

UK based online brokerage house CMC Markets Plc (LON:CMCX) has put out a statement to the effect that it welcomes the new CFD regulation put in place by Germany financial regulator BaFin. BaFin finalized new, relatively mild, rules for Forex and CFD brokerage, basically requiring just negative balance protection for German traders. No limits were…

May 08, 2017 BY LeapRate Staff

FXCM parent Global Brokerage Inc receives Nasdaq delisting notice

Adding to its mounting problems, Global Brokerage Inc (NASDAQ:GLBR) has announced that it has received a delisting notice from stock exchange Nasdaq. Global Brokerage, formerly FXCM Inc., is the publicly-traded holding company which now owns an effective 37% interest in operating company FXCM Group LLC. The remainder (or rather, majority) of FXCM Group is owned by…

Category: Brokers