Citi invests in low latency connectivity provider TransFICC LeapRate

August 20, 2018 BY Valentina Kirilova

Citi invests in low latency connectivity provider TransFICC

TransFICC, the specialist provider of low-latency connectivity for Fixed Income and Derivatives Markets, has just informed the public that it has secured a strategic investment from Citi. Citi joins existing shareholders, Illuminate Financial, Main Incubator (part of Commerzbank) and The FinLab. TransFICC resolves the issue of market fragmentation by providing banks and asset managers with…

August 20, 2018 BY LeapRate Staff

Brokeree Solutions introduces MT5 Synthetic Symbols

Brokeree Solutions, the Estonia based provider of high-grade technology solutions for forex brokers, has announced that it is introducing a new innovative solution that enables FX brokers to improve their offering by adjusting incoming symbols and creating new ones. With Brokeree’s new MT5 Synthetic Symbols solution plugin, forex brokers can convert inconvenient measures into something more…

August 20, 2018 BY LeapRate Staff

Exclusive: GCM Prime sees Revenues drop and posts $3.2M loss in 2017

LeapRate Exclusive… LeapRate has learned via regulatory filings that FCA regulated Forex and CFD brokerage GCM Prime Ltd has seen a drop in Revenues and a virtual evaporation of all client money held at the company during 2017. On the top line, Revenues for 2017 at GCM Prime were down 25% to $2.1 million, versus an…

August 20, 2018 BY LeapRate Staff

Hong Kong forex broker KVB Kunlun sees Revenues dip 4% in 1H2018 to $39M

Following a strong comeback in the second half of 2017 which followed nearly two years of weak results, Hong Kong retail forex broker KVB Kunlun Financial Group Ltd (HKG:8077) has released its 1H-2018 financials indicating that activity slowed somewhat during the first six months of the year. Overall, Revenues at KVB Kunlun for the first six…

August 19, 2018 BY LeapRate Staff

FX Industry Week Review: Forex broker results, Regulated crypto exchange planned, and lots more

Which Retail FX brokers posted financial and operating results this past week? Which Forex group is setting up a regulated institutional crypto exchange in Malta? Which longtime Google executive joined Plus500 as the company's new CTO? Answers to these questions and more appeared first or only at LeapRate. Some of our most viewed and commented-on…

Thomson Reuters and Moody’s Analytics partner on IFRS9 SPPI solution

August 17, 2018 BY Valentina Kirilova

Thomson Reuters Eikon to offer content from financial streaming platform Real Vision

Information giant Thomson Reuters (NYSE:TRI) has just announced that it will now offer clients access to in-depth content from Real Vision, the premiere video-on-demand service for financial and business media. The agreement will enable banks, brokerage houses, asset managers, hedge funds and other Thomson Reuters clients to purchase Real Vision subscriptions for employees, and for…

August 17, 2018 BY Valentina Kirilova

Tradeweb brings RFQ trading to the options industry

Trading platform Tradeweb has announced the launch of the Tradeweb U.S. options platform for institutional customer-to-dealer trading. Designed to improve efficiency and access to liquidity in the surging U.S. options market, the Tradeweb U.S. equity options platform allows institutional investors to directly source full-size price quotes from multiple market makers using the request for quote…

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

August 16, 2018 BY Valentina Kirilova

TABB Group adds two capital markets industry veterans to its team

TABB Group has just announced that it has added to its team two capital markets industry veterans, George Bollenbacher as head of fixed income research, and Russell Rhoads, as head of derivatives research. George Bollenbacher, a longtime industry expert and thought leader, has spent twenty years as a bond trader and ten years in the…

Non-Zero lists its NZO token on the LATOKEN Exchange

August 16, 2018 BY LeapRate Staff

Exclusive: Non-Zero's Hadi Kabalan on the next-generation FX brokerage and Ethereum tokens

LeapRate Exclusive Interview... One thing seems certain nowadays - the advent of blockchain and cryptocurrencies is going to change the world of finance in general, and the FX trading industry in particular. How that will happen, however, isn't quite as clear. One group which seems to have a vision is 180 Capital, which is launching…

August 16, 2018 BY LeapRate Staff

Saxo Bank 2018 first half Revenues decrease to $230 million

Copenhagen based Retail FX and CFDs broker Saxo Bank has reported its results for the first half of 2018, indicating an overall slowdown in business. On the top line, in what the company said was a period with low market volatility and the introduction of a new competitive pricing structure, Revenue for the Group reached…

Category: Forex