Private equity firm CVC Capital has made another acquisition in the online space. Several months after partnering with Blackstone in the $4 billion buyout of online payments specialist Paysafe, CVC has acquired retail FX broker OANDA. The price and other terms of this deal, however, were not announced. The press release follows: CVC Capital Partners…
Read moreNinjaTrader, LLC has announced the addition of Oanda and City Index as supported forex brokerage service providers expanding the options available for forex traders. Raymond Deux, Founder and CEO of NinjaTrader said: Providing traders with choice when it comes to their brokerage and market data providers is a key component of what makes NinjaTrader unique.…
Read moreNEX Group plc (LON:NXG), a financial technology company at the centre of global markets, announced today its trading statement for the month of April 2018. Spot FX results were USD83.4 billion, 10% lower than previous month. US Treasury’s numbers were also down with 18% MoM. The complete results can be seen in the table below:…
Read moreRetail forex broker FXCM Group, LLC announced that it has today launched an Effective Spread Widget. The widget shows the FXCM quoted spread for its top FX pairs, overlaid with the spread at which trades were filled (the Effective Spread), the difference being clearly displayed in a table key. FXCM launches a brand new tool…
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LeapRate Exclusive... LeapRate has learned that FCA regulated CFDs and spreadbetting broker Capital Index (UK) Limited, owned by author and self proclaimed Master Trader Greg Secker (pictured above), posted a net profit of £398,000 in 2017 although the company saw a decline in both Revenues and Client Funds held. Revenues for 2017 at the MT4 broker…
Read moreInternational derivatives broker Sucden Financial has appointed Darren Barker. He will be joining the company's FX team and helping to expand its institutional client base, selling the firm’s broad range of electronic and voice services. Barker has over 30 years of experience in FX and specialises in selling a full range of FX products to…
Read moreThe global clearing house LCH has just announced that it has begun clearing of non-deliverable interest rate swaps. Market participants are now able to clear this product denominated in Chinese Yuan, Korean Won and Indian Rupee. This is the first time that SwapClear has offered clearing of derivatives denominated in these currencies. Clearing for Chinese Yuan,…
Read moreLeapRate Exclusive... LeapRate has learned that Jamieson Blake, Head of Client Experience at the FCA regulated, London based arm of ADS Securities, has resigned from the company. Jamieson Blake had been a key part of the team which has helped Abu Dhabi based ADS Securities grow its business in the UK, especially among retail investors.…
Read moreVirtu Financial, Inc. (Nasdaq:VIRT), a technology enabled global market maker, has just announced that it hired Pete Candler to help develop and grow its execution services business. Virtu, an electronic market maker and execution service provider, offers its execution technology and transparent post trade analytics to buy-side and sell-side clients. Candler is a seasoned professional…
Read moreJapanese Retail FX giant GMO Internet Group has taken another step in growing its UK and international presence, with the company's FCA regulated arm Z.com Trade announcing the launch of a new FX and cryptocurrency trading app called Pipster. Pipster was developed in partnership with Finatext UK, a branch of Finatext Ltd., a Tokyo based Fintech…
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