Exclusive: China’s Ping An to lead HK$200 million investment in FX broker KVB Kunlun LeapRate

January 29, 2018 BY LeapRate Staff

Exclusive: China's Ping An to lead HK$200 million investment in FX broker KVB Kunlun

LeapRate Exclusive... LeapRate has learned via regulatory filings that Hong Kong based Retail FX broker KVB Kunlun Financial Group Ltd (HKG:6877) is set to announce the raising of a HK$200 million (USD $26 million) investment, to be led by Chinese insurance and investment giant Ping An Insurance (Grp) Co of China Ltd (SHA:601318). We expect the company…

Broadridge presents new securities lending assessment solution for mutual funds

January 25, 2018 BY Valentina Kirilova

Broadridge launches multi-market aggregation and execution tool for Repo markets

Broadridge Financial Solutions, Inc. (NYSE:BR) today announced the launch of its new Repo Order Quote (ROQ) solution, a multi-market aggregation and execution tool for repo markets. The solution is now in use with a major European bank. ROQ allows repo traders to view liquidity and pricing across multiple electronic marketplaces. The system enables traders to…

January 25, 2018 BY Valentina Kirilova

Alpari’s trading turnover exceeds 1.3 trillion USD in 2017, 29% up YoY

The international financial Alpari brand just informed that its trading turnover in 2017 exceeded 1.3 trillion USD, marking a 29% increase on 2016. This was largely a result of growth in trader and investor activity, high volatility on currency markets, improvements to our product line, the development of investment and technological services, and improvements to…

January 25, 2018 BY LeapRate Staff

CMC Markets reports less active clients, but higher revenue-per-client in Q3-2018

London based online FX, CFDs and spreadbetting broker CMC Markets Plc (LON:CMCX) has issued a trading update for its fiscal 2018 third quarter, covering the period from October to December 2017. CMC has a March 31 fiscal year end. Overall, CMC reported mixed results, with fewer active clients but a healthy rise in revenue per client…

January 23, 2018 BY LeapRate Staff

IG Group reports record 1H-2018 Revenue, establishes Germany sub ahead of Brexit

UK online trading leader IG Group Holdings plc (LON:IGG) has reported its results for the first half of fiscal 2018 (i.e. the six month period ended November 30, 2017), indicating record half-year Revenues for the company. IG Group has a May 31 fiscal year end. Beyond the numbers, IG Group also outlined a number of…

January 18, 2018 BY LeapRate Staff

Global Brokerage files to qualify its 'new' $172.5M debt to replace Convertible Notes

Global Brokerage Inc (OTCMKTS:GLBR), formerly known as FXCM Inc, has taken the next step in its Chapter 11 bankruptcy reorganization, filing a 'T-3' form with the US Securities and Exchange Commission (SEC) to qualify the new debt it will issue to current holders of the company's $172.5 million of outstanding Convertible Notes. The new debt will…

January 16, 2018 BY LeapRate Staff

Blockchain, Forex and Iced Tea: LBCC to merge with Stater Global Markets

Worlds colliding. NASDAQ traded Long Blockchain Corp (NASDAQ:LBCC) - formerly known as Long Island Iced Tea Corp. - has announced its planned merger with the parent company of FCA regulated FX broker Stater Global Markets. However, the deal seems to revolve around the new passion of both companies - Blockchain technology. Long Blockchain announced that it…

January 16, 2018 BY LeapRate Staff

Saxo Bank launches entry level Essential account with negative balance protection on OTC leveraged products

Copenhagen based multi asset broker Saxo Bank has announced the launch of a new entry level account, called Saxo Essential, with industry leading pricing and prudent risk limits on margin trading of OTC products. The introduction of Saxo Essential coincides with recent regulatory initiatives aimed at reducing the amount of leverage available to retail clients…

January 16, 2018 BY LeapRate Staff

Exclusive: IronFX 'mystery' investor: Singapore's Torch Investment, backed by Saudi Arabia's ZAD

LeapRate Exclusive... LeapRate has learned that the unnamed 'mystery' investor which agreed to put up to $100 million into Cyprus based retail FX broker IronFX is Singapore based regulated investment fund Torch Investment Management Pte Limited. IronFX announced in August that it had arranged a $100 million investment from a 'major family office investment outfit'. We reported…

Admiral Markets continues investing in FinTech, this time in the Bankish company

January 16, 2018 BY Valentina Kirilova

Admiral Markets introduces free credit card payments

Global forex broker Admiral Markets just announced that from now on that deposits via credit card will also be handled as cheaply as possible – 100% free. Starting from 15 January 2018, all credit card payments will be made absolutely free. Admiral Markets shared that has made this step, because Forex and CFD order execution…

Category: Brokers

Exclusive: China's Ping An to lead HK$200 million investment in FX broker KVB Kunlun

Broadridge launches multi-market aggregation and execution tool for Repo markets

Alpari’s trading turnover exceeds 1.3 trillion USD in 2017, 29% up YoY

CMC Markets reports less active clients, but higher revenue-per-client in Q3-2018

IG Group reports record 1H-2018 Revenue, establishes Germany sub ahead of Brexit

Global Brokerage files to qualify its 'new' $172.5M debt to replace Convertible Notes

Blockchain, Forex and Iced Tea: LBCC to merge with Stater Global Markets

Saxo Bank launches entry level Essential account with negative balance protection on OTC leveraged products

Exclusive: IronFX 'mystery' investor: Singapore's Torch Investment, backed by Saudi Arabia's ZAD

Admiral Markets introduces free credit card payments

CME Announces Launch of Futures on Mexico’s IPC Index

Citi Elects Jonathan Moulds as a New Independent Director

Australian Regulator ASIC Issues Infringement Notices for Equity Trustees Limited

DTCC Central Securities Depository Subsidiary Exceeds $100 Trillion in Assets Under Custody

Dukascopy Adds 303 New Trading Instruments