LeapRate Exclusive... LeapRate has learned via regulatory filings in the UK that Andrew Bud has resigned from the board of directors of Monecor (London) Limited, parent company of FCA-regulated Retail Forex and CFDs broker ETX Capital. Andrew Bud is founder and CEO of iProov, a London-based startup in the field of facial recognition and user…
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Quantexa, the disruptive big data and analytics company backed by HSBC and Albion Ventures, announced that has opened a new office in Brussels. Further offices in Sydney and New York are due to open within the next 12 months. Following on from last month's $3.3 million fund raising, Quantexa's expansion reflects a growing customer base…
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LeapRate Exclusive... LeapRate has learned that CySEC licensed retail forex broker FXPRIMUS has hired a new Head of Sales, in the person of Alex Holmes. Alex Holmes is joining FXPRIMUS after about a year at Windsor Brokers, where he was Sales Manager. Prior to joining Windsor Brokers last year Mr. Holmes spent seven years at…
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FXStreet appoints Setxi Fernandez as new CEO to replace Carolina May who’s been in that position for almost 5 years Independent Forex market portal FXStreet has announced today that Carolina May, Chief Executive Officer, will be replaced by Setxi Fernandez, partner and current Chief Operating Officer. Carolina May joined FXStreet in March 2007 as Marketing…
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The Depository Trust & Clearing Corporation (DTCC), the post-trade market infrastructure for the global financial services industry, today announced that the Securities and Exchange Commission (SEC) has approved rule changes allowing its Fixed Income Clearing Corporation (FICC) subsidiary to expand the availability of central clearing in the repo market, strengthening both the safety and efficiency…
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LeapRate Exclusive... LeapRate has learned that Hong Kong based forex brokerage solutions provider Broctagon Solutions has established a subsidiary in Cyprus, ahead of the planned launch of a regulated Prime Brokerage and Liquidity Solutions business. The company has established a sub called Broctagon Prime Ltd, and has already received its CySEC CIF license. The license became…
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LeapRate Exclusive... LeapRate has learned via filings made in the UK and Australia that ThinkMarkets UK more than tripled its Revenues in 2016 to £3.8 million (USD $5 million). ThinkMarkets UK, via FCA regulated holding company TF Global Markets (UK) Limited, is the UK arm of Australia-based retail forex broker ThinkMarkets. ThinkMarkets set up its UK…
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LeapRate Exclusive... LeapRate has learned that Limassol, Cyprus based institutional FX liquidity provider PositivaFX has hired Dominic Poynter as its new Head of Marketing. Dominic Poynter is joining PositivaFX after spending the past three years at retail forex broker easyMarkets as its Director of Marketing Operations, including overseeing that company's rebranding from easyForex to easyMarkets…
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Invast Global, the ASIC-regulated Australian-based arm of leading Japanese brokerage Invast Securities Co. Ltd. (TYO:8709), has announced that it has deepened the liquidity offering of its multi-asset prime services facility PurePrime by adding FX pricing from Lucid Markets. Lucid Markets is a unit of Global Brokerage Inc (NASDAQ:GLBR), formerly FXCM Inc. Lucid established itself in 2009…
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New Zealand based retail forex broker Fullerton Markets has announced the hiring of ex-Bloomberg Strategist, Jimmy Zhu. Coming on board Fullerton Markets as Chief Strategist, Jimmy Zhu was at the aforementioned Bloomberg for the past three years, covering a wide range of topics which included Forex, sovereign bonds and economic data. He was previously an…
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