Category: Forex

JFD Brokers expands tradeable stocks’ portfolio
November 06, 2018 BY LeapRate Staff

JFD Brokers completes the acquisition of ACON Bank

Almost 11 months after JFD Brokers started the acquisition of the investment bank ACON, the German financial industry regulator Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) as well as the Central Bank of Germany (Bundesbank) approved the deal. With the acquisition, the multi asset broker and portfolio manager JFD Brokers enhances its product portfolio with investment banking, trading…

Read more
November 06, 2018 BY Valentina Kirilova

Anthony S. Kelly, Co-Chief of Asset Management Unit, to leave SEC

The Securities and Exchange Commission (SEC) has announced that Anthony S. Kelly, Co-Chief of the Enforcement Division’s Asset Management Unit, will be leaving the agency this month after more than 18 years of service. The Asset Management Unit is the Division’s largest specialized unit and focuses on misconduct by investment advisers and service providers to…

Read more
soren kyhl saxo bank
November 05, 2018 BY LeapRate Staff

Forex broker Saxo Bank promotes Soren Kyhl to Deputy CEO

Continuing to reshape its senior management team after control of the company passed to China's Geely Group, Copenhagen based Retail FX broker Saxo Bank has announced two changes to the Board of Management, involving two current executives at the company. The latest changes include: Board of Management member Søren Kyhl has been promoted to Deputy CEO…

Read more
MAS Monetary Authority of Singapore
November 05, 2018 BY Valentina Kirilova

Bank Indonesia and MAS establish US$10 billion bilateral financial arrangement

Bank Indonesia (BI) and the Monetary Authority of Singapore (MAS) have established a bilateral financial arrangement of USD 10 billion equivalent. The arrangement will enable the two central banks to access foreign currency liquidity from each other, if needed, to preserve monetary and financial stability. The bilateral financial arrangement, which will be in place for…

Read more
Iain Rogers GMI
November 05, 2018 BY LeapRate Staff

Exclusive: Iain Rogers leaves Pepperstone for COO job at GMI UK

LeapRate Exclusive... LeapRate has learned that Pepperstone UK Managing Director Iain Rogers has resigned his position in the company. And, following a brief garden leave, Mr. Rogers plans to join FCA regulated institutional FX and CFDs broker Global Market Index Limited (GMI UK), as the company's new COO. Iain Rogers joined Pepperstone about a year and…

Read more
November 05, 2018 BY Valentina Kirilova

DIFC signs landmark agreement with China Banking Association

Dubai International Financial Centre (DIFC), the financial hub in the Middle East, Africa, and South Asia region (MEASA), has announced that it has signed a landmark Memorandum of Understanding (MoU) with China Banking Association (CBA). This will be a significant addition to the Centre’s global network of strategic partnerships. DIFC and CBA will collaborate on…

Read more
exness fx volumes
November 05, 2018 BY LeapRate Staff

Exness has second best ever month for FX trading volumes at $377 billion

FCA and CySEC licensed Retail FX broker Exness has reported an 8% rise in FX trading volumes for the month of October 2018, its second consecutive month of growing volumes following a relatively slow summer trading season. October volumes came in at $377.0 billion at Exness, versus $349.1 billion in September. The $377 billion figure represented Exness’…

Read more
Pepperstone office
November 05, 2018 BY LeapRate Staff

Exclusive: Pepperstone grows revenues 54% in 2018 to AUD $256 million

LeapRate Exclusive... LeapRate has learned via regulatory filings that leading Australian retail forex brokerage group Pepperstone has continued its impressive growth trajectory, growing the business by more than 50% in Fiscal 2018. Pepperstone has a June 30 fiscal year end, so the results described are for the year ended June 30, 2018. Fiscal 2018 completed…

Read more