Global CFD broker Plus500 Ltd (LON:PLUS) has just released its preliminary unaudited results for the year ended 31 December 2019. The broker divides 2019 into two distinct halves, with strong improvement in H2 2019. All key metrics showed better performance in H2 2019 compared to H1 2019, impacted by extremely low volatility in Q1 2019.…
Read more
The international provider of trading services in CFDs, Plus500, announced a new share buyback programme today. The board of directors approved new buyback programme to additional $30.0 million of Plus500’s shares, just having completed the programme from August 2019 for $50.0 million. The purchases of share will take place in an open market transaction and…
Read more
The US online trading services provider, GAIN Capital Holdings, Inc. (NYSE: GCAP), announces operating metrics for January 2020. The OTC trading volume for the retail segment was $161.4 billion, making a 23.4% increase in MoM but still down 12.3% compared to January the previous year. The average daily volume OTC trading made a 17.7% MoM…
Read more
The Exness Group has just announced that its trading volume for the month of January is US$417.7 billion. The company reported that this is the highest month since its creation back in 2008. LeapRate reminds that by the middle of 2014 the Exness Group clients' monthly trading volume was more than 180 billion USD and…
Read more
LMAX Group, the independent operator of institutional execution venues for FX and crypto currency trading, reported record profitability and financial performance for the year ended 31 December 2019. 2019 financial highlights include: Gross Revenues of US$59.6m, up 19% from 2018 Gross Profit of US$56.3m, up 27% from 2018 Statutory EBITDA of US$26.2m, up 30% from…
Read more
Multibank FX aggregation service FXSpotStream just released its volumes report for the first month of 2020. The ADV figures for January are based on 22 trading days. ADV in January increased 19.11% to USD37.033 billion compared to December 2019. January’s ADV of USD37.033 billion was 9.74% greater than CBOE HotSpot’s ADV of USD33.592 billion – exceeding…
Read more
Singapore-based broker Straits Financial Services Pte. Ltd. just announced that is now providing prime-of-prime (PoP) brokerage services to Spotex, a developer of modular, technology systems for foreign exchange brokers and institutional ECN operator. The partnership enables clients to access institutional FX liquidity via Straits Financial and provides a gateway for brokers to deploy Spotex’s modular…
Read more
GMO-Z.com Trade UK Limited, FCA-regulated and an affiliated company of GMO CLICK Securities Inc., has just announced that it has teamed up with RegTech solutions muinmos PASS and NorthRow. The company aims to accelerate its client onboarding processes for its forthcoming prime-of-prime brokerage services. GMO-Z.com’s prime-of-prime brokerage services will be offered under the new Z.com…
Read more
Admiral Markets UK announced today the launch of their new wallet feature in Trader’s Room. The wallet will serve as a central account that links trading accounts with funds from banks, e-wallets, credit cards, etc. The feature will allow direct deposits rather than going around transferring money to individual trading accounts. The transferred funds will…
Read more
Fintech company and brokerage ATFX recently launched Adobe Sign as a new service for its clients in South East Asia. The new service allows clients to sign electronic forms and send them back to the company in a minute. LeapRate reminds that the broker also recently launched ATFX Connect for institutional clients, Biometric facial recognition…
Read more