LeapRate Exclusive… LeapRate has learned that Estonia based Retail FX brokerage firm Admiral Markets Group AS has posted a nice rise in Revenues for the first half of 2018, with its Profit for the six month period nearly matching that of the entire 2017 year. Admiral Markets - which is physically represented in 16 countries including…
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Almost immediately following the expiry of the 180 day lockup which they agreed to following their last share sale in early March 2018, the founding group of Plus500 shareholders have announced that they have sold another chunk of stock, representing more than half of their remaining collective stake in the company. In total, the shareholder…
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Estonia based Retail FX and CFD brokerage group Admiral Markets AS has announced that it has applied for a credit institution licence through the Estonian Financial Supervision Authority, which is currently processing the application. Admiral Markets said that it has made the application for a credit institution licence to support its core service offering -…
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LeapRate Exclusive... LeapRate has learned via regulatory filings that Tickmill UK Ltd, the FCA licensed arm of Estonian-controlled Retail FX brokerage group Tickmill, posted fairly impressive results during its first full year of operation. Tickmill UK received its FCA authorization in July 2016, and started trading activities in November 2016. The Tickmill group was established…
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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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