Category: Exclusive

Core Spreads website
February 12, 2018 BY LeapRate Staff

Exclusive: Spreadbetting broker Core Spreads raises £2.8 million, upgrades FCA license

LeapRate Exclusive... LeapRate has learned that Finsa Europe Ltd., which operates online spreadbetting, CFD and Forex trading brokerage brand Core Spreads (at corespreads.com), has received a capital injection of £2.8 million from the company's controlling shareholder Jasper White. The investment marks a large milestone for the company, as to date only £192,000 was invested in the company,…

Read more
Formax ZuluTrade acquisition price
February 09, 2018 BY LeapRate Staff

Exclusive: Price paid by Formax for ZuluTrade: $12.4 million

LeapRate Exclusive... LeapRate has learned that China based Formax Group's acquisition late last year of social / copy trading platform provider ZuluTrade, and related companies, was concluded at a price of USD $12.41 million. Formax actually acquired a lot more than just the ZuluTrade name, technology and platform. Indeed, when breaking down the purchase price,…

Read more
amas Szabo Pepperstone
February 07, 2018 BY LeapRate Staff

Exclusive: Tamas Szabo joins as director at Pepperstone UK

LeapRate Exclusive... LeapRate has learned via regulatory filings that Tamas Szabo (pictured above) has stepped onto the board of Pepperstone Limited, the FCA regulated subsidiary of leading Australia based Retail FX broker Pepperstone, as Pepperstone begins to expand its operations in the UK and Europe. As was exclusively reported by LeapRate, last October Pepperstone hired…

Read more
Blueberry Markets website
February 02, 2018 BY LeapRate Staff

Exclusive: Blueberry Markets hires AxiTrader and Royal Financial FX sales exec Ben Clay

LeapRate Exclusive... LeapRate has learned that Australian Retail FX broker Blueberry Markets has added to its business development team, recruiting Ben Clay, a senior executive from Royal Financial Trading’s Australian operation. He had also spent seven years as a senior sales trader at AxiTrader. Ben Clay joins Dean Hyde and Tim Mansell as the latest high…

Read more
FXCM UK
January 31, 2018 BY LeapRate Staff

Exclusive: Management changes at FXCM, Juan Cafe promoted to COO

LeapRate Exclusive... LeapRate has learned that FXCM Group has made some senior management changes, as the company continues to shift its operating focus to London, under FXCM CEO Brendan Callan. The primary change involves the promotion of longtime FXCM US employee Juan Cafe to the #2 position in the company. Mr. Cafe will be COO…

Read more