Category: Forex

February 26, 2018 BY Valentina Kirilova

Virtu and Fidessa announce liquidity partnership

Fidessa group plc (LON:FDSA) and Virtu Financial (NASDAQ:VIRT) today announced a partnership to connect Virtu Systematic Internaliser’s customisable liquidity to Fidessa’s market access solutions. Fidessa’s partnership with Virtu enables clients to access Virtu’s fully transparent and disclosed liquidity, together with improved upstream workflow to manage the more complex trading environment brokers now find themselves in.…

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Tim Hughes TigerWit
February 26, 2018 BY Valentina Kirilova

China FX broker TigerWit appoints IG Group's Tim Hughes as CEO

The TigerWit Group has announced that following the acquisition of Mercor Index it has changed the business name to TigerWit Limited and appointed Tim Hughes as Chief Executive Officer (CEO), with Mercor founder Simon Denham becoming Chief Risk Officer (CRO). The move brings together two former competitors, with Tim Hughes having been a longtime senior…

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February 26, 2018 BY Valentina Kirilova

NEX and CFETS launch Chinese FX trading platform

NEX (LON:NXG), a financial technology company at the centre of the global markets, announced that it has partnered with China Foreign Exchange Trade System (CFETS), China's interbank market trading platform and infrastructure provider, to launch 'CFETS FX2017' (FX2017), a next-generation trading platform for the Chinese foreign exchange (FX) market. Having selected NEX to deliver the…

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LCG trading floor
February 26, 2018 BY LeapRate Staff

Olivia Blanchard in, Nicholas Lee and Frank Chapman out from LCG Board

Retail Forex, CFDs and Spread Betting broker London Capital Group Holdings plc has announced some changes to its board of directors. Joining the LCG board is Olivia Blanchard, who will become a Non-Executive Director of the company, effective immediately. Olivia Blanchard has worked in a number of sectors including private banking, investment banking, asset management and institutional…

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forex industry news update
February 25, 2018 BY LeapRate Staff

FX Industry Week Review: FXCM rebrands, Markets.com $7.6M crypto hit, Autochartist acquires, iForex fined, and lots more…

Which leading Retail FX brokers saw Revenues and Profits decline in the second half of 2017? What does FXCM's logo rebrand look like? Which Retail FX trading tool did Autochartist buy? Why was iForex fined €138,000 by CySEC? What made the infamous Swiss Franc spike of January 15, 2015 even worse? Which FX industry executive…

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BIS announces key appointments in Singapore and Switzerland
February 23, 2018 BY Valentina Kirilova

Klarna Bank AB appoints Niklas Savander to Board of Directors

Klarna Bank AB has announce the appointment of Niklas Savander to the Board of Directors with effect from Thursday 22nd of February 2018. Niklas Savander will replace Niklas Adalberth. Sebastian Siemiatkowski, CEO and co-founder of Klarna: After 13 years and many, many professional and personal milestones together, I want to thank Niklas Adalberth for his…

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Hantec Markets spread betting
February 23, 2018 BY LeapRate Staff

Hantec Markets launches Spread Betting on MT4

FCA regulated Retail FX brokerage group Hantec Markets has expanded its product offering in the UK, with the company today announcing the addition of Spread Betting. Clients can now open a Spread Betting account which gives them access to bet on 50+ financial instruments covering currencies, bullion, commodities and indices. Hantec Markets will now be offering…

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Edificio Oceanía Business Plaza Panama
February 23, 2018 BY LeapRate Staff

Direct Trading Technologies launches LATAM division

Direct Trading Technologies has announced the launch of their LATAM entity, DTT Español, regulated by the Superintendencia del Mercado de Valores de Panamá. Expected to launch March 1, their office in Panama is strategically located in the center of Latin American and will cater to clients throughout the region. DTT’s FX and CFD product offering…

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Saxo Bank office
February 23, 2018 BY LeapRate Staff

Saxo Bank revenues and profits slow during second half of 2017

Copenhagen based multi asset brokerage group Saxo Bank A/S has released its financial results for 2017, showing moderate growth and improved profitability over 2016, but also revealing that the company's business slowed considerably in the second half of the year. For the full year 2017, Revenues at Saxo Bank came in at DKK 3.03 billion…

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