LeapRate

June 04, 2018 BY LeapRate Staff

Exclusive: Alpha results pre Playtech acquisition - Revenues £24.6M, EBITDA £3.5M

LeapRate Exclusive... LeapRate has learned via regulatory filings a number of further not-yet-disclosed details about Playtech's 2017 acquisition of Forex and multi-asset market maker and white label provider Alpha Capital Markets (formally ACM Group Limited). And, that the "$150 million" deal which saw Playtech buy ACM last year is likely to be completed at a…

June 03, 2018 BY LeapRate Staff

Exclusive: FOREX.com Head of Research James Chen jumps to Investopedia

LeapRate Exclusive... LeapRate has learned that popular FX research analyst and longtime Head of Research at FOREX.com, James Chen, has moved to Investopedia.com. Mr. Chen will become Investopedia's Director of Trading & Investing, taking a major role in the direction of the website's research and education products. James Chen has been Head of Research at…

May 31, 2018 BY LeapRate Staff

Exclusive: Playtech's Markets.com launching MarketsX aimed at high net worth traders

LeapRate Exclusive... LeapRate has learned that Markets.com, the Retail FX and CFD brokerage arm of online gaming and financial giant Playtech PLC (LON:PTEC), is planning on launching a new branded service targeting the high end of the retail client spectrum. The new service will be called MarketsX. Looking to break out of its long-term core area…

May 24, 2018 BY LeapRate Staff

Exclusive: OANDA CEO Vatsa Narasimha on the CVC acquisition, and the future

LeapRate Exclusive Interview... While it is still early in 2018, clearly the Deal of the Year so far in the world of FX brokerage is the sale of OANDA to private equity firm CVC Capital Partners. How did the deal come about? What does the acquisition mean for the company, and its future? We're pleased…

May 23, 2018 BY LeapRate Staff

Exclusive: FIXI plc raises £2.2M from shareholders, hires executives ahead of Retail FX expansion

LeapRate Exclusive... LeapRate has learned that FCA regulated, London based institutional FX broker FIXI plc has raised an additional £2.2 million (USD $3.0 million) in capital from its shareholders, and hired a number of senior executives, ahead of a planned expansion into Retail FX. First, regarding the fundraising.... FIXI shareholders led by Goran Drapac -…

May 22, 2018 BY LeapRate Staff

Exclusive: GKFX posts 14% decrease in 2017 Revenues to £60.9 million

LeapRate Exclusive... LeapRate has learned that FCA licensed Spreadbetting, FX and CFDs broker GKFX Financial Services Limited has seen a halt to its growth spurt of the past few years, with 2017 Revenues declining by 14% to £60.9 million (USD $81.8 million). However a best set of cost controls helped the company turn around its small…

May 22, 2018 BY LeapRate Staff

Exclusive: Former ADS Securities exec Jamieson Blake joins specialty lender Basset and Gold

LeapRate Exclusive... Following our exclusive report from earlier this month that Jamieson Blake, Head of Client Experience at the FCA regulated London based arm of ADS Securities, had resigned from the company, LeapRate has now learned that Mr. Blake has landed - at specialty lending and retail investment firm Basset and Gold, as Head of Relationship…

May 21, 2018 BY LeapRate Staff

Exclusive: Spotware Systems begins rollout of cTrader 3.0 trading platform to brokers

LeapRate Exclusive... LeapRate has learned that financial technology provider Spotware Systems has started rolling out the new cTrader version 3.0 to brokers. cTrader 3.0 has been a long-awaited major upgrade of the popular trading platform. Spotware indicated that this marks an important milestone for cTrader, since it is a merger of two separate applications, cTrader…

May 18, 2018 BY LeapRate Staff

Exclusive: smartTrade hit by hackers at LD4 causing downtime to clients

LeapRate Exclusive... LeapRate has learned that multi-asset electronic trading solutions provider smartTrade Technologies was hit by hackers last week, at its LD4 hosting location. Service was partially and intermittently not accessible to smartTrade clients in LD4 for several hours last Wednesday, May 9. At around 5:30pm UTC a smartTrade monitoring tool raised an alert at…

May 18, 2018 BY LeapRate Staff

Exclusive: David Hastings joins FX prime broker Price Markets as Managing Director

LeapRate Exclusive... LeapRate has learned that FCA regulated FX prime broker Price Markets UK Ltd has hired experienced FX industry executive David Hastings as its new Managing Director. In his new role, Mr. Hastings will report to Price Markets co-founder and CEO Alex Talei. David Hastings was most recently an FX consultant, providing consultancy covering…

Category: Exclusive

Exclusive: Alpha results pre Playtech acquisition - Revenues £24.6M, EBITDA £3.5M

Exclusive: FOREX.com Head of Research James Chen jumps to Investopedia

Exclusive: Playtech's Markets.com launching MarketsX aimed at high net worth traders

Exclusive: OANDA CEO Vatsa Narasimha on the CVC acquisition, and the future

Exclusive: FIXI plc raises £2.2M from shareholders, hires executives ahead of Retail FX expansion

Exclusive: GKFX posts 14% decrease in 2017 Revenues to £60.9 million

Exclusive: Former ADS Securities exec Jamieson Blake joins specialty lender Basset and Gold

Exclusive: Spotware Systems begins rollout of cTrader 3.0 trading platform to brokers

Exclusive: smartTrade hit by hackers at LD4 causing downtime to clients

Exclusive: David Hastings joins FX prime broker Price Markets as Managing Director

AUD Looks To End April On A Positive Note

Exxon Mobil Price Drops As Refining Costs Increase

No Curtain Call For Paramount’s CEO As Skydance Merger Looms

Alphabet Pays The First Dividend In Its History

Gold Price Holds Steady While US GDP Shakes Up Dollar