LeapRate Exclusive... LeapRate has learned that Abu Dhabi-based international financial services firm ADS Securities has hired Fabian Chui as its new Head of Brokerage Risk. Mr. Chui will be based in Abu Dhabi, working with teams based in the UAE, Hong Kong and London. We expect the company to make a formal announcement shortly. Mr. Chui…
Read more
LCH, the global clearing house, announced today that Michael Davie has been appointed Global Head of Rates for LCH Group, effective immediately. Davie will report to Daniel Maguire, Group COO of LCH and Martin Pluves, CEO LCH Ltd. Michael Davie’s appointment follows Daniel Maguire’s recent appointment as Group COO in addition to his role as…
Read more
Broadridge Financial Solutions, Inc. (NYSE:BR) announced an agreement with Spence Johnson, a provider of global institutional data and intelligence, to bring together retail and institutional data, benchmarking and analytics. This strategic alliance leverages Broadridge’s Global Market Intelligence, the platform for retail cross-border fund data and analytics that delivers detailed information on 80,000 retail mutual funds…
Read more
Financial innovation firm R3 announced that has partnered with ACORD (Association for Cooperative Operations Research and Development) to launch a Centre of Excellence for distributed ledger technology (DLT) in the global insurance industry. R3 counts a number of major insurance companies amongst its member base, including MetLife, AIA and Suncorp Group, as well as other…
Read more
FCA regulated Forex and CFD broker Plus500 Ltd (LON:PLUS) has indicated in regulatory filings that it acquired 120,000 of its own shares in open market transactions last week, as the beginning moves of a planned $10 million share buyback. In total, Plus500 spent £657,159 (USD $839,000) in Week 1 of the buyback, spreading the purchases…
Read more
Before we get to our review of this past week's top Forex Industry News stories, we'd once again like to thank our readers for helping LeapRate extend our lead over our competitors, as the most-read Forex Industry news website. With May data now out at leading website visitor tracking services, we're once again pleased to…
Read more
About six months after releasing the desktop version of its JForex 3 FX trading platform, Swiss retail forex broker Dukascopy Bank has announced the release of the next generation of its web platform - JForex Web 3 - with higher performance, improved user experience and no Java requirements. The new web platform’s interface is now…
Read more
CySEC regulated retail forex and CFDs broker JFD Brokers just announced that it has hired James Chen as Head of Asian Markets, as the company reaches out to international audiences across the globe. Focusing on attracting new retail clients and IBs in the Asia Pacific region, JFD also plans to expand its asset and wealth…
Read more
Retail forex broker Gain Capital Holdings Inc (NYSE:GCAP) today reported its operating metrics for the month of May 2017. OTC Trading Volume at Gain's Forex.com Retail FX unit was up 19% from April's $185.0 billion, to $219.5 billion in May. Active OTC Accounts were slightly up to 135,070. ECN Volume made 63.2% YoY jump to…
Read more
LeapRate Exclusive... LeapRate has learned in conversations with senior management and others close to the situation that several big changes are cooking at leading CySEC and FCA regulated retail forex broker FxPro. We'd note, before outlining some of these changes below, that a number of rumors are being spread via email by someone who is…
Read more