LeapRate Exclusive Interview... One thing seems certain nowadays - the advent of blockchain and cryptocurrencies is going to change the world of finance in general, and the FX trading industry in particular. How that will happen, however, isn't quite as clear. One group which seems to have a vision is 180 Capital, which is launching…
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LeapRate Exclusive... LeapRate has learned that Forex brokerage technology group Nukkleus Inc (OTCMKTS:NUKK) is planning on launching a regulated cryptocurrency exchange, which would cater to the institutional and high-end-retail trading segment. Via regulatory filings made by the publicly traded company, we have learned that the Nukkleus recently incorporated a new Malta based holding company called Nukkleus…
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LeapRate Exclusive... LeapRate has learned that FCA regulated FX prime broker Price Markets UK Ltd has hired experienced FX industry executive Ed Anderson as its new Head of Business Operations. The move actually marks something of a homecoming for Mr. Anderson, who was previously with Price Markets (when the company was associated with LCG) from 2013-2014,…
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LeapRate Exclusive... LeapRate has learned that global Retail FX brokerage Blackwell Global successfully upgraded the FCA license of its UK arm Blackwell Global Investments (UK) Limited, to a full-scope "IFPRU €730k" license. The new license became effective as of August 1. Blackwell Global UK's previous license, received in early 2016 as was also exclusively reported…
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LeapRate Exclusive Interview... There has been a lot of change swirling lately at global broker ADSS - a rebranding of the company from ADS Securities, senior management changes, preparing for ESMA, and dealing with a new cryptocurrency trading clientele. We are very pleased to speak today with Mathieu Ghanem, Managing Director, Global Head of Sales and Marketing…
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LeapRate Exclusive... LeapRate has learned that GKFX has continued to reshape its senior executive and directorship arms, with current board Chairman Nick Beecroft departing the board and the company bringing on board Marcus Scarlett as his replacement as Chairman. Mr. Scarlett's formal taking of a director position and the Chairman's role is still subject to regulatory…
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LeapRate Exclusive... LeapRate has learned that AT Global Markets (UK) Limited, the UK arm of global retail FX brokerage group ATFX, has upgraded its license from the FCA to a full-scope IFPRU €730,000 license, expanding the services it can provide to clients. ATFX's original license from the FCA was for a Limited License – matched principal broker.…
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LeapRate Exclusive... LeapRate has learned that FCA regulated institutional FX and CFDs broker Global Market Index Limited (GMI UK) has hired two senior London based FX Sales executives from FXCM. The two new hires joining GMI are Chris Hossain-Nelson, former Global Head of Institutional Partnerships at FXCM, and Aaron Brown, former Head of IB Sales.…
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LeapRate Exclusive... While much of the attention being paid to ESMA's new rules governing Retail FX and CFD brokerage and trading has been focused on the client-facing no-bonus and leverage-cap parts of the legislation, in the back offices of many Forex brokers the past few weeks have been spent rapidly redoing advertising and marketing campaigns.…
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LeapRate Exclusive... LeapRate has learned that regulated cryptocurrency exchange DX.Exchange has raised a significant amount of venture capital from Silicon Valley-Israeli VC firm NFX. DX.Exchange was launched earlier this year by former Oanda UK and Alpari UK CEO Daniel Skowronski, as was exclusively reported by LeapRate back in May, and is being being built on Nasdaq’s…
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