After reporting multi-year lows in trading volumes in September, data from Retail FX brokerage group Gain Capital Holdings Inc (NYSE:GCAP) indicate that the company had a very nice rebound in October, with volumes up 55% MoM, coming in at $231 billion. October activity at GAIN Capital, which operates the FOREX.com and City Index retail forex brands,…
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Online gaming and financial trading company Playtech PLC (LON:PTEC) has issued a Trading Update for Q3 (technically, for the period since June 30, 2018), indicating that overall not much has changed since 1H results were reported in August. The company stated that it remains on track to achieve adjusted EBITDA for 2018 in the range of…
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After freezing its assets earlier this year, Australia financial regulator ASIC has announced that it has cancelled the Australian financial services (AFS) licence of the retail OTC derivative issuer, AGM Markets Pty Ltd. AGM's brands include AlphaTrade Group and FirstIndex (firstindex.com). An ASIC investigation found AGM’s financial services business involved core elements of unconscionability and unmanaged…
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Forex and CFD broker Tickmill has just announced that October 2018 has been its most successful month up to date with a record-breaking $145.53 billion in trading volume. This figure marks an increase of more than 23% from the Group’s consolidated trading volume for September which was previously the highest for the Group. Commenting on…
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After reporting fairly strong results for the first half of the year, things seems to have cooled off somewhat during Q3 at X Trade Brokers Dom Maklerski SA (WSE:XTB) thanks to lower market volatility and ESMA's new CFD rules. X Trade Brokers, which operates Retail Forex broker XTB.com as well as the X Open Hub trading platform, reported that Q3…
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Retail FX brokerage group Gain Capital Holdings Inc (NYSE:GCAP) has announced the preliminary results of its "modified Dutch auction" tender offer, which expired at 5:00 P.M., New York City time, on November 6, 2018. GAIN Capital, which operates the FOREX.com and City Index retail forex brokerage brands, announced its intention to buy back up to $50 million of its own…
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Tradeview LTD, a Cayman Islands regulated broker-dealer, has just announced the launch of US equity trading directly on the Metatrader 5 platform. Traders now have direct market access (DMA) to stocks listed on the New York Stock Exchange, NASDAQ and the American Stock Exchange. Integrating real equities onto MT5 gives Tradeview a major competitive advantage…
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LeapRate Exclusive... LeapRate has learned via regulatory filings that FCA regulated retail FX and CFDs broker Infinox Capital saw tremendous growth for the second year in a row in Fiscal 2018 (the company has a March 31 fiscal year end). Revenues at Infinox, formerly known as GO Markets UK, more than doubled during 2018 to £41.7…
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LeapRate Exclusive... LeapRate has learned via regulatory filings that FCA regulated retail FX and CFDs broker Hantec Markets had a fairly successful Fiscal 2018 year, with the company growing its Revenues by 38% and turning a 2017 net loss into a handy net profit for the year. Hantec has a June 30 fiscal year end,…
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FCA regulated online CFDs broker Plus500 Ltd (LON:PLUS) has begun its recently announced share buyback fairly slowly, with the company acquiring a total of 8,155 of its own shares via broker Liberum Capital in open market transactions since first announcing the buyback late last month. Plus500 paid an average price of £12.9655 per share, for a grand…
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