Estonia based Retail FX brokerage firm Admiral Markets Group AS has announced it has reduced its spreads on its most popular financial instruments, including top currency pairs like the EUR/USD. Admiral Markets clients can now trade its most popular Forex currency pairs at the following typical spreads: EUR/USD: 0.6 pips GBP/USD: 1.0 pips USD/JPY: 0.9…
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LeapRate Exclusive… LeapRate has learned that London based FX liquidity and prime brokerage services provider IS Prime has reported strong financials, with an increase in turnover year end 31 March 2018. Reported figures from the FCA regulated broker show a rise to £17.2 million year end 2018. The financials for IS Prime’s year end 2018 show…
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FCA regulated online CFDs broker Plus500 Ltd (LON:PLUS) has issued a second Trading Update during Q4. After indicating (in late October) that its Q3 Revenues fell by 40% from the previous quarter to $100.1 million, Plus500 has now announced that the strong momentum reported in its Q3 Trading Update has continued into November to date. Accordingly, the…
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FCA regulated online CFDs broker Plus500 Ltd (LON:PLUS) has continued to make purchases of its own stock pursuant to a recently announced share buyback. The company announced that last week it acquired a total of 30,455 PLUS shares, at an average share price of £12.744, for a layout of £388,119. That brings the grand total of shares…
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LeapRate Exclusive... LeapRate has learned that ASIC licensed Australia-based Retail FX brokerage group USGFX has taken a major step toward Europe, setting up a UK subsidiary called Union Standard International Group Limited (we'll call it USGFX UK). The company had applied for and received an FCA license for USGFX UK, which became effective on November 5.…
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Pepperstone Limited, the London based FCA regulated arm of leading Australian Retail FX brokerage group Pepperstone, has indicated in regulatory filings that the company brought in £4.98 million (USD $6.4 million) from CFD commissions and spreads for the fiscal year ended June 30, 2018, the company's first full year of operation. The company grew its…
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Canadian financial regulator BCSC (British Columbia Securities Commission) has issued a warning against offshore CFDs broker Rocket Consultant Group. The move comes just several days after a similar warning issued by New Zealand's FMA involving CCM Clearing Limited, a Bulgaria based entity which the FMA said is associated with Rocket Consultant Group. The FMA stated that Rocket Consultant Group could…
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Forex, CFDs and cryptocurrency derivatives trading broker ThinkMarkets has just announced that it has extended its CFD product offering to include global equities. The firm now covers trading in equity derivatives contracts from North America, Europe & Asia financial markets. The new instruments will be available on the firm’s proprietary trading platform, Trade Interceptor. In…
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For the first time since mid 2017, Playtech founder and (former) controlling shareholder Teddy Sagi has sold shares in the company. Regulatory filings in the UK indicate that Teddy Sagi's Brickington Trading Ltd holding company sold 5 million Playtech shares earlier this week, for proceeds of approximately £23.2 million (USD $30.2 million). The sale takes Mr.…
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IdentityMind, Digital Identities You Can Trust, has just announced that B2Broker, a provider of liquidity and technology solutions for the foreign exchange and cryptocurrency markets, has selected IdentityMind to meet its know your customer (KYC) and anti-money laundering (AML) compliance requirements for itself and its global business-to-business (B2B) clients. In our line of business, KYC…
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