Credit Financier Invest (CFI) Ltd, previously known as CFI Markets and part of CFI Financial Group Holding, has announced that it has received authorization to set up a Branch in the United Kingdom. The company plans now to set up its branch in London and said that it is set to launch its activity there soon.…
Read moreContinuing its steady move toward building up its presence in Asia and the Far East, and China in particular, Copenhagen based Retail FX broker Saxo Bank has announced that it has added access to China A-shares to its global multi-asset offering. Saxo Bank clients are able to trade A-shares listed on the Shanghai and Shenzhen stock…
Read moreRetail Forex broker Alpari's trading turnover in key markets continued its plunge to US$136.1 billion in May - down 2% MoM. The most popular currency pair, EURUSD, became even more popular among Alpari's clients, following a 15% increase in its turnover during the reference period. At the same time, the trading volume on the GBPUSD…
Read moreFCA regulated FX and CFDs broker ActivTrades has just announced the opening of a new entity in Nassau, ActivTrades Corp. This strategic move enables ActivTrades to better serve its international client base and business partners, especially in South America and Asia. The new entity is fully regulated by the Securities Commission of the Bahamas and…
Read moreINTL FCStone Inc. (Nasdaq: INTL), today announced that it has executed a sale and purchase agreement to acquire FX broker Carl Kliem S.A, of Luxembourg. Closing is conditional upon approval of the Commission de Surveillance du Secteur Financier. Carl Kliem is an independent interdealer broker based in Luxembourg, a leading European financial hub, which provides…
Read moreLeapRate Exclusive… LeapRate has learned via regulatory filings that Hirose Financial UK Ltd., the FCA regulated arm of Japanese retail forex brokerage group Hirose Tusyo Inc (TYO:7185), saw its Revenues tumble 36% in Fiscal 2018 (year ended March 31, 2018) to just £317,000, down from £496,000 last year. That follows a 47% revenue decline last year in…
Read moreLeapRate Exclusive... LeapRate has learned via regulatory filings that US based investment banking giant Morgan Stanley (NYSE:MS) has cut its long-held position in FCA regulated CFD broker Plus500 Ltd (LON:PLUS) from 6% to under 3%. Morgan Stanley has been a long-term shareholder in Plus500, with its position in the company hovering at around 6% for…
Read moreLeapRate Exclusive... LeapRate has learned via regulatory filings that FxPro UK Limited, the FCA regulated arm of global Retail FX broker FxPro, saw a healthy increase in activity in 2017. FxPro UK grew its Revenue base by 36% in 2017 to £4.4 million (USD $5.9 million), up from £3.2 million in 2016. The company turned in a…
Read moreTaking an interesting twist on sports investing, Switzerland based online trading group Swissquote Group Holding SA (SWX:SQN) has launched a Football Fever Certificate, allowing investors access to a basket of listed companies comprised of World Cup sponsors and European football clubs. The Football Fever Certificate can be traded on the Swiss stock exchange (SIX), under the…
Read moreFollowing a fairly slow April, FX brokerage group GAIN Capital Holdings Inc (NYSE:GCAP) saw a healthy uptick in activity in May. Retail FX volumes were up by 9% MoM to $243.3 billion at the company's FOREX.com and City Index brands, or $11.1 billion in average daily volumes. Institutional volumes at GAIN's GTX brand soared by…
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