London based investment manager Odey Asset Management has made filings indicating that it has acquired a 5.02% stake in online gaming and financial trading company Playtech PLC (LON:PTEC). The interest of about 15.9 million Playtech shares (consisting of 6.7 million Playtech ordinary shares and 9.2 million CFDs on Playtech shares) is worth approximately £78.8 million (USD…
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Following a record first half of the year which saw more than $2 trillion of client trading volumes booked, FCA and CySEC licensed Retail FX broker Exness has reported a fairly strong summer of FX trading volumes, with August's $331.9 billion on the heels of July's $343.5 billion. Although down from record volumes of $395 billion set in May 2018,…
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Global online brokerage firm Amana Capital has announced today the rollout of its new service, AmanaPRO. The company’s product portfolio is expanding into the institutional space as the firm capitalises on its technology and customer service to deliver its brand new product to the market. AmanaPRO is offering both MetaTrader 4 and MetaTrader 5 alongside a…
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Australian broker EightCap has just announced that it has launched MetaQuotes' multi-asset platform MetaTrader 5. Clients of the company can now trade in mobile and desktop versions of MT5. This new offering from EightCap also includes a web trader. EightCap clients gain access to 38 technical indicators, 21 timeframes, additional markets and the new economic…
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LeapRate Exclusive... LeapRate has learned that New Zealand based Retail FX brokerage Fullerton Markets has gone (farther) offshore, transferring all business from its NZ entity Fullerton Markets Limited (FML) to a newly created entity in offshore jurisdiction Saint Vincent & the Grenadines, called Fullerton Markets International Limited (FMIL). Fullerton Markets has been one of the…
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LeapRate Exclusive... LeapRate has learned that FCA regulated Retail FX and CFDs broker Hantec Markets has taken two major steps in the company's continued development. First, in the UK, Hantec has upgraded its FCA license from a matched-principal license to a full-scope IFPRU €730k license. And, the Hantec group has received authorization from the Jordan Securities…
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Soon after the launch of its Vietnamese website, global Forex brokerage group ATFX has announced the launch of its new Korean language website for the convenience of Korean traders. The company’s website is now available in fourteen different languages. The financial brokerage said that the launch of a dedicated website that delivers product information and…
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LeapRate Exclusive… LeapRate has learned that Geneva and Latvia based Retail FX brokerage group Dukascopy continued its fairly weak performance from 2017 into the first half of 2018. After posting a $2.4 million loss in 2017 amid a 12% Revenue drop, Dukascopy posted Revenues of CHF 14.3 million (USD $14.8 million) in the first six months of 2018, down…
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ATFX has announced its sponsorship of the Duke of Edinburgh cup earlier this month, in line with the company’s commitment to the future leaders within its communities. The Duke of Edinburgh Cup was established to support the Duke of Edinburgh International Award and young people all around the world. Founded by HRH Prince Philip, the…
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LeapRate Exclusive... LeapRate has learned that FCA regulated Retail FX and CFDs broker Valutrades will soon be posting its financial statements with regulatory authorities, indicating that the company continued to grow its revenue base in 2017. Overall, Valutrades grew its Revenue from £693,000 in 2016 to £1.22 million in 2017 – growth of 77%. Valutrades was…
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