Exclusive: former GKFX exec Jacob Plattner lands as CEO at Belize forex broker Scope Markets LeapRate

May 11, 2017 BY LeapRate Staff

Exclusive: former GKFX exec Jacob Plattner lands as CEO at Belize forex broker Scope Markets

LeapRate Exclusive... LeapRate has learned that Jacob Plattner has joined Belize based FX broker Scope Markets as its new CEO. As was exclusively reported at LeapRate last summer, Mr. Plattner resigned his position as Managing Director at FCA licensed broker GKFX, one year after joining the company following five years at Alpari UK, where Mr. Plattner…

May 11, 2017 BY LeapRate Staff

Exclusive: Anthony Mazzarese jumps from FXCM to Jefferies as SVP FX Prime Brokerage

LeapRate Exclusive... LeapRate has learned that Anthony Mazzarese has made the jump from the FXCM Pro division of Global Brokerage Inc (NASDAQ:GLBR) to investment bank Jefferies LLC, joining Jefferies as SVP FX Prime Brokerage. Mr. Mazzarese rejoined FXCM in 2015 following FXCM's acquisition of CitiFX's mid-market FX margin business. He helped successfully transitioned the CitiFX margin business to FXCM post…

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 09, 2017 BY LeapRate Staff

Crowd Trading launches as new FX social 'participative' trading platform

LeapRate Exclusive... LeapRate has learned that a new FX social trading site and service has just been launched in Switzerland, with something of a new take on the concept. The new company, called Crowd Trading (at www.crowd-trading.com) has been launched by a number of engineers at a Swiss Forex broker, led by Managing Partner Alexandru Craciun.…

May 09, 2017 BY LeapRate Staff

Social trading CFD broker Ayondo raises £850,000 as transaction volume grows

LeapRate Exclusive... LeapRate has learned via regulatory filings made in Switzerland and the UK that social trading and CFDs broker Ayondo has invested £850,000 (USD $1.1 million) more into its FCA regulated UK arm Ayondo Markets Limited. The move was made to help the support and provide additional capital to Ayondo Markets, which apparently is…

May 08, 2017 BY LeapRate Staff

GCM Prime 9 months 2016: Revenue £1.5M, Operating Loss £227,000, Client Cash £15M

LeapRate Exclusive… LeapRate has learned via regulatory filings that FCA regulated Forex and CFD brokerage GCM Prime Ltd has grown its business nicely in its first full year of operation. For the nine months ended December 31, 2016, GCM Prime brought in Revenues of £1.5 million, had an operating loss of £227,000, and grew its Client…

May 08, 2017 BY LeapRate Staff

Retail Forex broker HYCM sees revenues flat in 2016 at £3.1 million, activates Cyprus office

LeapRate Exclusive… LeapRate has learned via regulatory filings that FCA regulated Retail Forex and CFD brokerage HYCM brought in revenues of £3.1 million in 2016, a figure virtually identical to that of 2015. Net profit for the year at HYCM of £362,000 was also about the same as last year. The results include those of HYCM…

May 04, 2017 BY LeapRate Staff

One Financial Markets grows Revenues 34% in 2016 to $37.7 million, monthly volumes $40 billion

LeapRate Exclusive... LeapRate has learned via filings made in the UK and the UAE that Arab-focused retail forex broker One Financial Markets has seen a nice bump in its business activity and profitability in 2016, after what was a fairly difficult 2015 for the company. On the top line, One Financial brought in record Revenues…

May 04, 2017 BY LeapRate Staff

ActivTrades 2016 Revenues up 11% to £34.9 million as international growth continues

LeapRate Exclusive... LeapRate has learned via regulatory filings that FCA regulated MT4 broker ActivTrades has just reported its financial results for what seems to have been a very successful 2016. ActivTrades, which is controlled by Swiss entrepreneur Alex Pusco who still serves as the company’s CEO, saw Revenues grow by 11% in 2016 to £34.9…

May 03, 2017 BY LeapRate Staff

iProov founder Andrew Bud resigns from board of Forex and CFDs broker ETX Capital

LeapRate Exclusive... LeapRate has learned via regulatory filings in the UK that Andrew Bud has resigned from the board of directors of Monecor (London) Limited, parent company of FCA-regulated Retail Forex and CFDs broker ETX Capital. Andrew Bud is founder and CEO of iProov, a London-based startup in the field of facial recognition and user…

Category: Exclusive