GAIN Capital’s Q1 results, Forex regulatory changes, and more: CEO Glenn Stevens speaks LeapRate

May 15, 2017 BY LeapRate Staff

GAIN Capital's Q1 results, Forex regulatory changes, and more: CEO Glenn Stevens speaks

LeapRate Exclusive Interview... It would be an understatement to offer that the Q1 results recently announced by Forex brokerage house Gain Capital Holdings Inc (NYSE:GCAP) were disappointing. Revenues were down nearly 50% from the previous quarter. Revenues from retail clients were down 60%. The company posted a $19 million loss. Was this a one-time anomaly, or…

May 15, 2017 BY LeapRate Staff

Exclusive: Morgan Stanley takes 5.1% position in gaming and FX provider Playtech

LeapRate Exclusive... LeapRate has learned via regulatory filings made in the US and the UK that New York based global investment bank Morgan Stanley (NYSE:MS) has become one of the largest shareholders of Playtech PLC (LON:PTEC), taking a 5.1% position in the company. Playtech is one of the world's leaders in providing software and systems to the…

FlexTrade integrates MSCI Risk and Factor Analysis

May 15, 2017 BY LeapRate Staff

FlexTrade launches FlexAlgoWheel interface for trading algo selection

Multi-asset execution and order management systems company FlexTrade Systems has announced the rollout of FlexAlgoWheel, its next generation, data-driven interface to algo selection. FlexAlgoWheel incorporates real-time internal and external inputs as well as TCA to optimize the broker and algo selection process. According to Vijay Kedia, President and CEO of FlexTrade, An important, yet repetitive…

May 15, 2017 BY LeapRate Staff

LMAX Exchange white paper suggests new blueprint for TCA in the global FX market

LMAX Exchange, the FCA regulated MTF for global FX trading, has issued a white paper several months in the making. LMAX's report is a scathing review regarding the way the institutional global FX market works today, and offers ways to fix things. The LMAX Exchange white paper calls for industry-wide consultation and collaboration to agree consistent TCA…

May 15, 2017 BY Valentina Kirilova

NEX Group releases full-year results, revenue from continuing operations increased by 18% YoY

The financial technology company NEX Group plc (LON:NXG) just announced its audited results for the year ended 31 March 2017. Some of the highlights include: ICAP Global Broking division: sold for £1.3 billion Revenue from continuing operations increased by 18% to £543 million (2015/16: £460 million), an increase of 8% on a constant currency basis…

May 15, 2017 BY LeapRate Staff

FX Executive Moves: Nidal Abdelhadi joins ADS Securities from Advanced Markets as Head of Institutional Sales

LeapRate has learned that experienced Forex industry executive Nidal Abdelhadi has joined Abu Dhabi based FX brokerage house ADS Securities as its new Head of Global Institutional Sales. A native of Jordan, Mr. Abdelhadi began his FX career with Jordanian-owned but Swiss-based MIG Bank, spending 10 years at MIG moving up the ranks from regional…

May 15, 2017 BY LeapRate Staff

FXCM removes 'Interim' tag from title of operating company CEO Brendan Callan

FXCM Group LLC, the operating company now running the FXCM retail forex brand, has announced that it has named Brendan Callan as its CEO. Mr. Callan was named interim CEO of FXCM back in February, following the abrupt resignation of FXCM co-founder Drew Niv from the operations of FXCM globally, after Mr. Niv (and FXCM) were…

May 15, 2017 BY Valentina Kirilova

Rakuten becomes first Japan forex broker to launch Tradency’s RoboX FX robot trading platform

Japan retail forex broker Rakuten, Inc. (TYO:4755) and financial technology provider Tradency today announced that the two companies have collaborated to launch the RoboX service. As a result of this newly formed partnership, the RoboX service will become available to Rakuten Securities, retail forex traders. Rakuten will become the first broker offering this service in…

May 15, 2017 BY Valentina Kirilova

NEX Group adds former Nasdaq CIO and STEM Education advocate Anna Ewing to its board of directors

NEX Group plc (LON:NXG), a financial technology company at the centre of global markets, announced today that Anna Ewing has been appointed to its Board as a non-executive director. She has also been appointed to the Risk Committee. Ewing most recently worked for Nasdaq which she joined in 2000 and spent 15 years with the…

May 15, 2017 BY LeapRate Staff

FX regulatory expert Stavros Yiannakou jumps from MAP S.Platis to be COO of ArgusFX

LeapRate has learned that Stavros Yiannakou has joined CySEC regulated retail FX broker ArgusFX as its new COO. Mr. Yiannakou spent the past five years as Head of Business Development at MAP S.Platis, the leading regulatory consultant firm in Cyprus. He has previously been CEO of TadawulFX (which later became Liquid Markets) after beginning his career as…

Category: Forex

GAIN Capital's Q1 results, Forex regulatory changes, and more: CEO Glenn Stevens speaks

Exclusive: Morgan Stanley takes 5.1% position in gaming and FX provider Playtech

FlexTrade launches FlexAlgoWheel interface for trading algo selection

LMAX Exchange white paper suggests new blueprint for TCA in the global FX market

NEX Group releases full-year results, revenue from continuing operations increased by 18% YoY

FX Executive Moves: Nidal Abdelhadi joins ADS Securities from Advanced Markets as Head of Institutional Sales

FXCM removes 'Interim' tag from title of operating company CEO Brendan Callan

Rakuten becomes first Japan forex broker to launch Tradency’s RoboX FX robot trading platform

NEX Group adds former Nasdaq CIO and STEM Education advocate Anna Ewing to its board of directors

FX regulatory expert Stavros Yiannakou jumps from MAP S.Platis to be COO of ArgusFX

Alphabet Pays The First Dividend In Its History

Gold Price Holds Steady While US GDP Shakes Up Dollar

Stellantis Says Limiting Petrol Car Sales Will Hurt UK Economy

Biogen Reaps Profits On The Back Of Cost Cuts

Ford Beats Q1 Estimates