LeapRate Exclusive... LeapRate has learned that institutional FX services firm MahiFX (UK) Limited, the UK arm of New Zealand based FX brokerage and technology group MahiFX, has posted modest growth and profit for its 2017 fiscal year (ended March 31, 2017). And, that the company - which was originally founded as a Retail FX broker…
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LeapRate Exclusive... LeapRate has learned that longtime ETX Capital executive Vincenzo Roselli has left the company, to join Investoo Group as a senior executive. Mr. Roselli is now in charge of growing Investoo's relationships with FX, CFD and cryptocurrency brokers. At ETX, which Mr. Roselli came to from the online gaming industry, he was responsible…
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Special administrator RSM Restructuring Advisory LLP (formerly known as Baker Tilly Restructuring and Recovery LLP) has filed an update on its work on the bankruptcy of retail forex broker LQD Markets. LQD Markets went belly-up in the wake of the January 2015 Swiss Franc spike – meaning that some former clients are still waiting for their…
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Continuing a very good month for some of the world's leading eFX providers, FX brokerage group Gain Capital Holdings Inc (NYSE:GCAP) has reported a very nice month of August, with double digit percent increases in trading volumes in both its Forex.com retail forex unit as well as in institutional volumes. Forex.com saw one of its best…
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Foreign exchange execution services and data analytics provider Curex Group announced today that Andre Severi has joined its ranks as Managing Director. Based in London, Andre Severi will focus on the development of customer relationships for Cürex throughout continental Europe, the UK, Ireland and the Middle East. A 25 year FX markets veteran, Mr. Severi…
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FCA regulated Retail FX and CFDs broker Hantec Markets has announced an agreement with West Ham United as the Club’s new official FX partner. Hantec Markets join West Ham United at an exciting time, as the East London club embark on their second season at the iconic London Stadium. And Hantec Markets, as was exclusively reported…
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CySEC regulated retail forex and CFDs broker JFD Brokers announced that it has promoted Mohamed Hassan to Chief Business Development Officer, in charge of expanding markets, as JFD reaches out to international audiences across the globe. As he joins the Executive board, Hassan’s focus will be to lead the international growth of JFD into several regions including…
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SBI FX Trade Co., Ltd. established as a pure-play forex brokerage company from Japan-based financial services group SBI Holdings Inc (TYO: 8473) announced today an extension of their spreads campaign now through Saturday 14 October. Since Monday 28 August, SBI FX Trade decreased their spreads by 61% on 8 currency pairs to extremely thin margins by…
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The Malaysian Straight Times is reporting that a group of Malaysian investors is now seeking answers after they thought they were investing in a reliable FX trading strategy from a company called RCFX but, in the end, failed to get their promised returns. The group claimed they have been cheated out of RM703,000 Malaysian Ringgit…
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LeapRate Exclusive... LeapRate has learned that FCA regulated Retail FX and CFDs broker Hantec Markets has gone live with a new and redesigned website and client portal. And, that the broker - which had a great 2016 fiscal year with Revenues up 62% and client assets doubling to £21 million - seems to have improved on…
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