Category: Brokers

May 10, 2017 BY Valentina Kirilova

Forex broker Pepperstone signs up to iSignthis KYC / AML services

iSignthis Ltd (ASX:ISX) just announced that it has entered into an agreement with Pepperstone Group Limited, for Paydentity and Payment Gateway services, for the group's UK and Australian operations. ISX will supply Paydentity and Payment gateway for UK and Australia. iSignthis Ltd will announce integration and go live dates once they have been agreed with Pepperstone.…

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IG Group office
May 09, 2017 BY LeapRate Staff

IG Group statement on BaFin CFD regulation for Germany

UK online trading leader IG Group Holdings plc (LON:IGG) has put out a statement to the effect that it welcomes the new CFD regulation put in place by Germany financial regulator BaFin. BaFin finalized new, relatively mild, rules for Forex and CFD brokerage, basically requiring just negative balance protection for German traders. No limits were…

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Sucden hires UBS FX exec Kirsty Gillies to head eFX Sales
May 09, 2017 BY Valentina Kirilova

Sucden launches OTC FX options service

International derivatives broker Sucden Financial has launched a new OTC FX options service. The new offering provides users with the ability to price their own option structures online and benchmark those prices against independent data for greater transparency. Having identified client requirements regarding liquidity, cost and the availability of independent pricing data, we realised that…

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cmc markets offices
May 09, 2017 BY LeapRate Staff

CMC Markets says it welcomes new Germany BaFin CFD regulation

UK based online brokerage house CMC Markets Plc (LON:CMCX) has put out a statement to the effect that it welcomes the new CFD regulation put in place by Germany financial regulator BaFin. BaFin finalized new, relatively mild, rules for Forex and CFD brokerage, basically requiring just negative balance protection for German traders. No limits were…

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Global Brokerage chapter 11 filing FXCM
May 08, 2017 BY LeapRate Staff

FXCM parent Global Brokerage Inc receives Nasdaq delisting notice

Adding to its mounting problems, Global Brokerage Inc (NASDAQ:GLBR) has announced that it has received a delisting notice from stock exchange Nasdaq. Global Brokerage, formerly FXCM Inc., is the publicly-traded holding company which now owns an effective 37% interest in operating company FXCM Group LLC. The remainder (or rather, majority) of FXCM Group is owned by…

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May 08, 2017 BY admin

Admiral Markets introduces new management team members

Forex brokerage company Admiral Markets Group AS has recently announced a change to its management structure. Two of the board members, Sergei Bogatenkov and James Chernikov have remained part of the board, while three new board members were appointed to complete the team: Jens Chrzanowski, Mindaugas Deksnys and Victor Gherbovet. They will be in charge of…

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Saxo Bank Geely group London Taxi
May 05, 2017 BY LeapRate Staff

London Taxis and Forex: Geely Group buys 30% stake in Saxo Bank

Copenhagen based multi-asset broker Saxo Bank has announced that co-founder Lars Seier Christensen will be fully exiting from his ownership interest in the company, selling his 25.71% stake to Chinese conglomerate Geely Group. Certain minority shareholders are expected to exercise tag-along rights as part of the offer from Geely, which is expected to own about 30% of…

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May 04, 2017 BY LeapRate Staff

CFI Group launches licensed Dubai DIFC forex brokerage operation

CFI Group Holding, the parent company of CySEC CIF licensed forex broker CFI Markets Ltd., has announced the launch of its latest subsidiary company: Credit Financier Invest (DIFC) Ltd. (CFI-DIFC), based in Dubai, United Arab Emirates. Regulated by the Dubai Financial Services Authority (DFSA), CFI-DIFC is authorized to operate as a Category 3A licensed entity, with…

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