LeapRate Exclusive Interview... In our continuing series of discussions and interviews with leading figures in the Retail and Institutional FX trading scene ahead of pending ESMA rule changes (now just a week away!), we're pleased to speak today with Hayel Abu-Hamdan, Director and COO of London based Hantec Markets. What is Hantec Markets's approach to…
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UK online trading leader IG Group Holdings plc (LON:IGG) has reported its financial results for 2018 (IG has a May 31 fiscal year end), sporting record revenues and profits - but indicating that results will likely be lower in 2019 due to the CFD leverage caps being instituted by ESMA, scheduled to come into effect…
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LeapRate Exclusive... LeapRate has learned via regulatory filings that Boston based investment management giant Fidelity Investments, through its FMR LLC subsidiary, has recently sold down some of its stake in online gaming and financial trading provider Playtech PLC (LON:PTEC). Fidelity was one of Playtech's largest shareholders with a 5.06% interest in the company, worth about £82…
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LeapRate Exclusive… LeapRate has learned via regulatory filings that FCA regulated financial and sports spread betting company Spreadex saw significant top line Revenue growth of 17% in its latest Fiscal year ended May 31, 2018. That, following a 2017 year where Revenues were flat. Overall, Spreadex brought in £58.9 million in Revenue in 2018, as noted up 17%…
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Retail Forex broker Alpari has just announced that it has added a new way of making deposits to your Alpari account - via cryptocurrencies. Alpari will not be charging a commission fee for deposits made in bitcoin. How does it work: To make a payment, you need to complete the form in myAlpari, log in,…
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LeapRate Exclusive… LeapRate has learned via regulatory filings that FCA regulated Retail and Institutional FX and CFD brokerage Valutrades Limited has raised £1.4 million (USD $1.9 million) in additional capital from its controlling shareholders Anil Bahirwani and Mohandas Lakhiani. Valutrades was originally set up about six years ago as the FCA-regulated UK business of Anil…
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CySEC licensed online trading platform Libertex has issued a statement that it is pleased to announce that from 3rd July, new currency pairs are available on the Libertex trading terminal which will allow traders to use new opportunities on the financial markets. Traders will be able to work with the following currency pairs on Libertex: EUR/TRY…
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LeapRate Exclusive... LeapRate has learned via regulatory filings that global Retail FX brokerage group ATFX has invested an additional £2 million (USD $2.6 million) of capital into its FCA regulated UK business, AT Global Markets (UK) Limited. The investment comes as the company is ramping up operations and personnel in London, ahead of continued planned…
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After posting 60% revenue growth last year, UK-based foreign exchange service provider Alpha FX Group plc (AIM:AFX) has issued a strong Trading Update for the six month period ended June 30, 2018. The company stated that it is pleased to report that revenue for the period is expected to be approximately £9.6 million (USD $12.7 million), representing…
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CySEC regulated online brokerage and investment company RoboMarkets has announced that it has signed an official partnership agreement with BC Žalgiris. Under this Agreement, RoboMarkets becomes an official sponsor of BC Žalgiris in the Lithuanian Basketball League (LKL) during the 2018/2019 season. Žalgiris is a basketball club based in Kaunas, Lithuania. It was founded back in…
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