Category: Brokers

saxo bank fx volumes
July 06, 2018 BY LeapRate Staff

Saxo Bank trading volumes down 6% in June to $380 billion

Continuing something of a slump for the Copenhagen based Retail FX broker, Saxo Bank has released data indicating that client FX and multi asset trading volumes in its system decreased by 6% during June, totaling $380 billion versus $405 billion in May. By contrast, Saxo Bank averaged volumes of $527 billion monthly in the first…

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FXCM fx volumes leucadia logo
July 04, 2018 BY LeapRate Staff

FXCM June 2018 FX trading volumes down 5% MoM to $202 billion

Retail FX broker FXCM has announced that its volumes in June were down by 5% month-over-month, $202 billion versus $212 billion in May. We are expecting a (quiet) rebranding of FXCM in the coming weeks. FXCM incorporated the name of its parent company Leucadia into its logo a few months back. However Leucadia recently renamed itself Jefferies Financial…

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June 29, 2018 BY LeapRate Staff

Forex broker Blackwell Global gives up its CySEC CIF license

Cyprus financial regulator CySEC has announced that at its meeting of June 25, 2018, it has decided to wholly withdraw the Cyprus Investment Firm (CIF) authorisation license with number CIF 159/11 of the company Blackwell Global Investments (Cyprus) Ltd. CySEC did not give any specific reason for its decision. However we understand that the giving up…

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iforex rebrand vestle
June 28, 2018 BY LeapRate Staff

FX broker iFOREX rebranding as Vestle in Europe

For the second day in a row, we have news of a fairly well known name in the Retail FX and CFDs sector rebranding. After our report yesterday breaking the news that Abu Dhabi (and London and Hong Kong) based ADS Securities was rebranding to ADSS, now we have learned that CySEC licensed iFOREX.com -…

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ADSS
June 27, 2018 BY LeapRate Staff

ADS Securities rebrands as ADSS, new website adss.com

Abu Dhabi based financial services company ADS Securities has announced that it is rebranding and will now be known as ADSS across all of its business units effective today, June 27, 2018. The main company website is now at www.adss.com. The brand was developed in-house by the ADSS marketing team with inputs from WMG and…

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June 26, 2018 BY LeapRate Staff

Plus500 shares rise 1% following formal move to LSE Main Market

Shares of Retail FX and CFD broker Plus500 Ltd (LON:PLUS) were up nicely this morning, rising by 1% and re-approaching the company's all-time high as the company began trading for the first time on the LSE Main Market. Plus500 announced last week that it had received final approvals for the move to the Main Market from the LSE…

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