Exclusive: GVC’s InterTrader buys CFD and spreadbetting broker Sigma Trading LeapRate

September 26, 2018 BY LeapRate Staff

Exclusive: GVC's InterTrader buys CFD and spreadbetting broker Sigma Trading

LeapRate Exclusive... LeapRate has learned that FCA regulated institutional FX brokerage group Sigma Broking Limited has sold its CFD and spread betting arm Sigma Trading to Gibraltar based InterTrader Limited. InterTrader is the Retail financial trading arm of gaming giant GVC Holdings PLC (LON:GVC), and also provides liquidity services to Retail FX platforms. GVC is one of…

Trading Technologies teams up with TradeStation to offer its options-on-futures technology

September 25, 2018 BY Valentina Kirilova

KGI Securities contracts with Trading Technologies to distribute the TT platform

KGI Securities (Singapore) Pte Lte and Trading Technologies International, Inc. (TT), a global provider of high-performance professional trading software, have announced KGI Securities has contracted with Trading Technologies to distribute the TT trading platform. In doing so, KGI Securities’ global customer base now has access to TT’s comprehensive suite of trading tools, including MD Trader®,…

September 25, 2018 BY LeapRate Staff

BlackRock picks up $152 million, 7% stake in CFD broker Plus500

LeapRate has learned via regulatory filings that FCA regulated online CFDs broker Plus500 Ltd (LON:PLUS) has acquired another large institutional shareholder, with US investment giant BlackRock Inc. (NYSE:BLK) picking up a 7.02% interest in Plus500. At current market prices of £14.48 for PLUS the BlackRock stake in Plus500 is worth £115.8 million (USD $152 million). Most of the…

oneZero Financial Systems announces partnership with Jefferies Services

September 25, 2018 BY Valentina Kirilova

oneZero introduces more risk management tools in its new Liquidity Hub release

oneZero Financial Systems has just announced release 7.0 of its Liquidity Hub, introducing new auto-hedging, quote filtering and automated session controls. These capabilities empower broker-dealers and market makers to optimize their liquidity and client pricing to better compete in the institutional and retail FX, commodities and futures markets. We are excited to introduce the newest…

Data intelligence firm Thasos adds Chris Metaxas to its team as CRO

September 25, 2018 BY Valentina Kirilova

TMX Group announces organizational changes

TMX Group (TSX:X) has announced leadership changes at two of its subsidiaries: London-based Trayport Limited (Trayport), provider of technology and software solutions for energy traders, brokers and exchanges and Shorcan Brokers Limited (Shorcan), Canada's premier inter-dealer fixed-income bond broker. Kevin Heffron, President of Trayport is leaving Trayport to pursue other opportunities. Over the past nine…

September 25, 2018 BY LeapRate Staff

Exclusive: FIXI plc adds Tom Tragett as Chief Market Analyst, David Freeman as Head of Retail FX

LeapRate Exclusive... LeapRate has learned that FCA regulated institutional FX broker FIXI plc has appointed Tom Tragett as Chief Market Analyst. FIXI is controlled by Goran Drapac, also the founder and shareholder of Australia based Retail FX broker AxiCorp, which operates the AxiTrader brand. Tom Tragett has been involved in the FX markets for nearly 40…

September 25, 2018 BY Valentina Kirilova

NEX TriOptima simplifies compliance with the initial margin rules

NEX TriOptima, a NEX Group (LON:NXG) business which lowers costs and mitigates risk in OTC derivatives markets, has announced that it can simplify compliance with the initial margin (IM) rules with its end-to-end solution that requires just one simple trade file. Approximately ten firms were brought in-scope in September 2018. However, thousands of buy-side participants…

September 25, 2018 BY Valentina Kirilova

Cobalt names Darren Coote Managing Director

Cobalt, the foreign exchange (FX) post-trade processing network based on shared infrastructure and high performance technology, has informed that it has appointed FX industry veteran Darren Coote as managing director. Darren Coote has been working with Cobalt since the end of 2017 as a strategic advisor and will now take on responsibility for the day…

September 25, 2018 BY Valentina Kirilova

Integral appoints Gavin Bambury as Chief Technology Officer

Integral, the technology partner trusted by banks, brokers, and asset managers to help them outperform their competition in the foreign exchange market, has just announced the appointment of ex-ION Trading CEO Gavin Bambury as its Chief Technology Officer (CTO). He brings more than two decades of trading and technology experience to his role at Integral.…

September 25, 2018 BY LeapRate Staff

CMC Markets lowers guidance expecting 20% drop in Revenues

London based online FX, CFDs and spreadbetting broker CMC Markets Plc (LON:CMCX) has issued a Trading Update ahead of the close of the company's Fiscal 2019 second quarter at the end of September, indicating that it is forecasting a greater-than-expected drop in Revenues for the full year (which ends for CMC on March 31, 2019). CMC…

Category: Forex