This is clearly in a different league than some of the recent Forex Sports Sponsorships and brand ambassador-ships we’ve been reporting on the past while, which have become a very hot issue in the FX industry of late. Japanese online e-commerce giant Rakuten Group has inked a three-year, eight figure deal to become a shirt…
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Copenhagen based online brokerage provider Saxo Bank has reported a nice 4% increase in August trading volumes, at $348.4 billion, up from $336.4 billion in July. While Saxo Bank saw healthy double digit percent increases in its non-FX products of Fixed Income (up 14%), Commodities (31%) and Equities (12%) during August, its core FX trading volumes…
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Retail forex broker FXCM, the operating unit of Global Brokerage Inc (NASDAQ:GLBR), reported fairly healthy FX trading volumes for the month of August, in line with what we've seen from a number of other leading eFX providers. FXCM volumes were $223 billion in August, up 13% over July, making the month one of FXCM's best…
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Special administrator RSM Restructuring Advisory LLP (formerly known as Baker Tilly Restructuring and Recovery LLP) has filed an update on its work on the bankruptcy of retail forex broker LQD Markets. LQD Markets went belly-up in the wake of the January 2015 Swiss Franc spike – meaning that some former clients are still waiting for their…
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Continuing a very good month for some of the world's leading eFX providers, FX brokerage group Gain Capital Holdings Inc (NYSE:GCAP) has reported a very nice month of August, with double digit percent increases in trading volumes in both its Forex.com retail forex unit as well as in institutional volumes. Forex.com saw one of its best…
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FCA regulated Retail FX and CFDs broker Hantec Markets has announced an agreement with West Ham United as the Club’s new official FX partner. Hantec Markets join West Ham United at an exciting time, as the East London club embark on their second season at the iconic London Stadium. And Hantec Markets, as was exclusively reported…
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SBI FX Trade Co., Ltd. established as a pure-play forex brokerage company from Japan-based financial services group SBI Holdings Inc (TYO: 8473) announced today an extension of their spreads campaign now through Saturday 14 October. Since Monday 28 August, SBI FX Trade decreased their spreads by 61% on 8 currency pairs to extremely thin margins by…
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LeapRate Exclusive... LeapRate has learned that FCA regulated Retail FX and CFDs broker Hantec Markets has gone live with a new and redesigned website and client portal. And, that the broker - which had a great 2016 fiscal year with Revenues up 62% and client assets doubling to £21 million - seems to have improved on…
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LeapRate Exclusive... Further to our exclusive coverage of Swiss FX broker Dukascopy's first half 2017 results, LeapRate has received a formal response and explanation from company executive Laurent Bellieres, Chief Financial and Chief Risk Officer, as to "what happened" in the first six months of this year. What were Dukascopy's trading volumes during the first…
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LeapRate Exclusive... LeapRate has learned via regulatory filings that FCA regulated CFDs broker Walbrook Capital Markets Limited posted a £4.0 million (USD $5.2 million) loss in 2016 amid plunging revenues. Walbrook was originally known as FXCM Securities, the UK CFD arm of Global Brokerage Inc (NASDAQ:GLBR) unit FXCM. FXCM sold the company in late 2015 to…
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