LeapRate Exclusive... LeapRate has learned that former GKFX CEO Brian Myers has re-joined the Retail FX sector, hired as CEO of the fairly new Retail FX and CFDs brand Equiti.com, for the UK and the EU. He will also formally act as the CEO and a director of the company's FCA regulated arm, Divisa UK…
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LeapRate Exclusive... LeapRate has learned that former ADSS and Saxo Bank executive Jamieson Blake has left his new job with Basset & Gold after less than two months, joining interdealer broker Compagnie Financière Tradition as Business Development Manager. He will be based in London for the Swiss listed company. LeapRate had exclusively reported back in…
Read moreLeapRate Exclusive... LeapRate has learned that FX and multi-asset liquidity provider and prime broker INFLYX has hired FX industry veteran Paul Orford as the company's new Head of Institutional Sales. Based in Cyprus, INFLYX is a trade name of CySEC-licensed ICC Intercertus Capital Limited. ICC also operates Retail FX brokerage brand EVERFX. LeapRate reported exclusively…
Read moreLeapRate Exclusive... LeapRate has learned that automated regulatory compliance specialist muinmos has appointed Jonas Nielsen, former CEO of FX platform, data and charting provider NetDania Markets, as its new Business Development Director. Jonas Nielsen was CEO of Copenhagen based NetDania Markets for the past eight years. He brings a wealth of experience to muinmos in…
Read moreLeapRate Exclusive… LeapRate has learned via regulatory filings that Hirose Financial UK Ltd., the FCA regulated arm of Japanese retail forex brokerage group Hirose Tusyo Inc (TYO:7185), saw its Revenues tumble 36% in Fiscal 2018 (year ended March 31, 2018) to just £317,000, down from £496,000 last year. That follows a 47% revenue decline last year in…
Read moreLeapRate Exclusive... LeapRate has learned via regulatory filings that US based investment banking giant Morgan Stanley (NYSE:MS) has cut its long-held position in FCA regulated CFD broker Plus500 Ltd (LON:PLUS) from 6% to under 3%. Morgan Stanley has been a long-term shareholder in Plus500, with its position in the company hovering at around 6% for…
Read moreLeapRate Exclusive... LeapRate has learned via regulatory filings that FxPro UK Limited, the FCA regulated arm of global Retail FX broker FxPro, saw a healthy increase in activity in 2017. FxPro UK grew its Revenue base by 36% in 2017 to £4.4 million (USD $5.9 million), up from £3.2 million in 2016. The company turned in a…
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LeapRate Exclusive... LeapRate has learned that London based Retail FX group GKFX has gone outside the company to hire a new CEO, to replace its recently departed chief executive Brian Myers. Joining GKFX as its new CEO is Rob Woolfe, formerly a co-founder and CEO of UK/Cyprus spreadbetting firm Capital Index. We expect the company…
Read moreLeapRate Exclusive... LeapRate has learned that Copenhagen based Retail FX broker Saxo Bank has added another member to its senior management team, hiring longtime Nordea executive Oliver Zecevic as the company's new Head of Operations. Oliver Zecevic had been with Nordea for his entire working career, joining the Danish based banking and financial group out of…
Read moreLeapRate Exclusive... LeapRate has learned that FX brokerage group GAIN Capital Holdings Inc (NYSE:GCAP) has decided to discontinue its international money transfer business. The service was being offered only in the UK. GAIN Capital first announced plans in early 2016 to launch a separate money transfer business under the separate brand and website ForeignExchange.com. The business…
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