Category: Forex

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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February 23, 2018 BY Valentina Kirilova

Distributed Credit Chain forms strategic partnership with DATA

Distributed Credit Chain (DCC), an underlying public chain that deploys blockchain technology to construct distributed bank systems, today announced that it has signed a Memorandum of Understanding (MoU) to establish a strategic partnership with Decentralized AI-powered Trust Alliance (DATA), which is a blockchain based digital data authentication protocol powered by AI & P2P mobile storage…

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February 23, 2018 BY Valentina Kirilova

HSBC Germany increases revenues

The HSBC Trinkaus & Burkhardt Group (HSBC Germany) announced that it has continued to grow in the 2017 financial year, gaining further market shares in the competitive German banking market. Large mandates and the need to digitalise business processes further, mean the current financial year will see investments. For the first time HSBC Germany will…

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Rowena Harris-Doughty Monex
February 23, 2018 BY LeapRate Staff

Exclusive: Rowena Harris-Doughty leaves Destek for CMO role at Spot FX dealer Monex Europe

LeapRate Exclusive... LeapRate has learned that Rowena Harris-Doughty has left her role as Marketing Director at Retail FX broker Destek Markets, to become Marketing Manager at deliverable spot FX dealer Monex Europe. Not to be confused with either Monex Group Inc. (TYO:8698), the publicly traded Japanese FX broker or Indonesia-based PT Monex Investindo Futures, Monex Europe is…

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