TradAir appoints co founder of Integral and ex CTO of EBS Viral Tolat as CEO LeapRate

May 21, 2018 BY Valentina Kirilova

TradAir appoints co founder of Integral and ex CTO of EBS Viral Tolat as CEO

Trading technology solutions provider TradAir has announced that it has appointed Viral Tolat as Chief Executive Officer. TradAir co-founder Ayal Jedeikin was leading the company, along with other members of the senior executive management team, after the previous CEO Illit Geller decided to step down in June 2017. With Mr. Tolat's being named CEO, Ayal Jedeikin will…

May 21, 2018 BY Valentina Kirilova

Horizon Software expands its footprint in Indonesia

Horizon Software, the provider of electronic trading solutions and algorithmic technology, announced today its intention to expand into the growing Indonesian market during 2018. With the largest economy in Southeast Asia, Indonesia is hugely significant for the development of the region’s financial sector. Horizon has been working closely with a number of institutions in Indonesia’s…

May 20, 2018 BY LeapRate Staff

FX Industry Week Review: Leverate departures, Regulated crypto exchange launch, and lots more

Forex Industry News this past week at LeapRate covered topics including... Which senior executives have left FX platform and technology provider Leverate? And Saxo Bank? Which former Retail FX broker CEO (Oanda, Alpari) has launched a new regulated cryptocurrency exchange called DX.Exchange, in partnership with NASDAQ? Who is behind INFLYX, which has launched regulated liquidity…

May 18, 2018 BY LeapRate Staff

Exclusive: smartTrade hit by hackers at LD4 causing downtime to clients

LeapRate Exclusive... LeapRate has learned that multi-asset electronic trading solutions provider smartTrade Technologies was hit by hackers last week, at its LD4 hosting location. Service was partially and intermittently not accessible to smartTrade clients in LD4 for several hours last Wednesday, May 9. At around 5:30pm UTC a smartTrade monitoring tool raised an alert at…

May 18, 2018 BY LeapRate Staff

Exclusive: David Hastings joins FX prime broker Price Markets as Managing Director

LeapRate Exclusive... LeapRate has learned that FCA regulated FX prime broker Price Markets UK Ltd has hired experienced FX industry executive David Hastings as its new Managing Director. In his new role, Mr. Hastings will report to Price Markets co-founder and CEO Alex Talei. David Hastings was most recently an FX consultant, providing consultancy covering…

May 18, 2018 BY Valentina Kirilova

oneZero enhances DMA solutions for MT5 platform

Forex trading platform developer MetaQuotes just announced that oneZero Financial Systems has enhanced the DMA solutions for the MT5 platform. The new offer from the US-based integrator includes advanced price monitoring tools, enhanced maker connectivity, and an improved oneZero Liquidity Hub gateway. Direct Market Access (DMA) from oneZero Financial Systems enables sending buy or sell orders…

May 18, 2018 BY LeapRate Staff

Forex broker DF Markets sees Revenues of £2.6M in 2017, Client Funds down to £4.1M

FCA regulated Retail FX and CFD broker DF Markets has reported that its Revenues increased by 9% in 2017 to £2.6 million (USD $3.5 million), versus £2.4 million in 2016. On the bottom line, DF Markets posted a net profit of £478,000, up from £94,000 the previous year. DF Markets is a trading name of…

May 18, 2018 BY Valentina Kirilova

Avelacom launches new Warsaw PoP at Atman Data Center

Global connectivity provider Avelacom just announced that it is expanding its footprint in Warsaw making it easier for latency sensitive clients in the financial services industry to access emerging markets in Europe. Avelacom selected Atman Data Center colocation facility for its established connections with electronic trading ecosystem. Atman has a well-established position as a DC provider…

May 18, 2018 BY Valentina Kirilova

ANZ to sell its 55% stake in Cambodian JV ANZ Royal Bank

ANZ Bank New Zealand has just announced it had reached an agreement to sell its 55% stake in Cambodian JV ANZ Royal Bank to J Trust, a Japanese diversified financial holding company listed on the Tokyo Stock Exchange. The decision to sell the stake is in line with ANZ Group’s ongoing strategic review of international…

May 17, 2018 BY LeapRate Staff

Exclusive: INFLYX launches risk management services to FX and CFD brokers

LeapRate Exclusive... LeapRate has learned that a new EU regulated provider of liquidity and risk management services has launched, based in Cyprus, called INFLYX. Seeking to broaden the scope of liquidity services to Forex and CFD brokers, INFLYX has launched a programme of comprehensive solutions for managing liquidity risk. This programme is intended to minimise exposure…

Category: Forex