Exclusive: China controlled Retail FX broker Aetos Capital UK posts £1.2 million loss in 2017 LeapRate

August 21, 2017 BY LeapRate Staff

Exclusive: China controlled Retail FX broker Aetos Capital UK posts £1.2 million loss in 2017

LeapRate Exclusive... LeapRate has learned via regulatory filings that FCA regulated Retail FX and CFDs broker Aetos Capital Group (UK) Limited saw its Revenues evaporate in Fiscal 2017 (year ended March 31, 2017), as the company posted a loss of £1.2 million (USD $1.5 million). Aetos UK is part of Aetos Capital Group, a company controlled…

August 21, 2017 BY Valentina Kirilova

Pepperstone EEA clients required to close and transfer Australian accounts to Pepperstone UK

LeapRate Exclusive… After we exclusively reported back in February that leading Australia based retail forex and CFDs broker Pepperstone suspended all activity in its FCA-regulated UK subsidiary Pepperstone Limited, a week ago LeapRate has shared that the company has finalized its management and operational changes and is now once again open for business in the UK. When…

August 21, 2017 BY Valentina Kirilova

Hotspot expands sales team with Mike Cahill’s appointment

Forex ECN Hotspot FX, a CBOE Holdings, Inc. (NASDAQ:CBOE) company, announced Mike Cahill’s appointment to the firm’s London-based sales team. Mr. Cahill, who was previously responsible for relationship management within KCG’s FX market-making business, joins Hotspot as a Director, FX Sales, and will be responsible for covering European systematic trading and asset management firms. Based…

August 20, 2017 BY LeapRate Staff

FX Industry Week Review: Israel Binary Options law delay, Forex.com fundraising, and lots more…

While the online trading industry was taking somewhat of an end-of-summer breather with less press releases, deals, executive hires and the like, there was still plenty of Forex Industry News to report. How is internal party politics delaying Israel's new Binary Options ban legislation from being actually implemented? Why is Forex.com parent Gain Capital Holdings Inc…

August 18, 2017 BY Valentina Kirilova

HSBC selects Capita as it targets further broker channel growth

HSBC (NYSE:HSBC) announced that has has selected Capita’s Omiga mortgage software, as the bank seeks to further grow its broker distribution channel for mortgages. Capita’s software will provide a single platform which drives greater automation, making it easier for brokers to transact with lenders, upload documents, and track details of mortgage applications and decisions. The…

August 18, 2017 BY Valentina Kirilova

IC Markets adds cryptocurrency trading with Bitcoin CFDs

ASIC regulated Retail Forex broker IC Markets announced today that has added Bitcoin (BTCUSD) to its growing product offering. The addition of Bitcoin, 2017’s best performing asset with a price increase exceeding 350%, comes after burgeoning client demand as the Cryptocurrency soars to record highs. The IC Markets Bitcoin product is traded as a CFD,…

August 18, 2017 BY admin

Amana Capital launches trader research and education site TradeCaptain.com

Fueled by its road-map to build a global community of well-educated traders, and in line with its plans to expand in Asia and Europe, Amana Capital, a Dubai-headquartered Financial Services Group reached a new milestone this week by launching TradeCaptain.com, a global educational and research portal. Building on the success of its former Arabic research…

August 18, 2017 BY Valentina Kirilova

Infosys Limited CEO Vishal Sikka resigns

Indian IT services giant Infosys Limited (NSE:INFY) just announced that has accepted the notice of resignation of Dr. Vishal Sikka as the Managing Director and CEO, effective immediately. In his notice of resignation to the Board, Dr. Sikka reiterated his belief in the great potential of Infosys, but cited among his reasons for leaving a continuous…

August 18, 2017 BY Valentina Kirilova

CBOE Vest Technologies and the OIC offer Options Strategy Builders tool

CBOE Vest Technologies, a software company enabling users to work with target outcome investment strategies, and the Options Industry Council (OIC), a provider of unbiased options education, announced that are working together to educate investors and broaden the appeal of options with a new online tool, The Options Strategy Builders. The Options Strategy Builders, available…

August 17, 2017 BY LeapRate Staff

GAIN Capital shares trade down by 12% after pricing $80 million Convertible Notes offering

Shares of FX brokerage group Gain Capital Holdings Inc (NYSE:GCAP), the parent company of Retail FX broker Forex.com and institutional FX platform GTX, were down sharply on Thursday morning NYSE trading after the company announced it had successfully priced an $80 million Convertible Notes offering, which we first reported last night. GCAP shares were at $6.04…

Category: Forex