In October 2016, Copenhagen based multi asset broker Saxo Bank launched electronic bond trading for mid-sized institutions and retail investors, covering over 5,000 government and corporate bonds across developed and emerging markets. The idea behind the launch was to make trading of liquid bonds more efficient through a full digital value chain by routing Saxo’s…
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LeapRate Exclusive... LeapRate has learned that the most recent CIF license handed out by Cyprus financial regulator CySEC has gone to retail forex broker FX88.com via its parent company Galactus Ltd. The license was formally approved this Tuesday, April 25. Backed by investors in Singapore, Galactus / FX88.com was formed last year by a number…
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LeapRate Exclusive... LeapRate has learned that retail forex brokerage group FxPro has promoted Conor O'Driscoll to the position of Deputy CEO and COO of its FCA regulated UK operation, FxPro UK Limited. Mr. O'Driscoll has been with FxPro since 2012, based in Cyprus. He began at FxPro as an FX Dealer, moving up to be named…
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New solution offering enterprise-level risk insights; goals-based risk framework shared at 2017 investment conference Morningstar, Inc. (NASDAQ: MORN), a provider of independent investment research, shared unique risk-related insights at the company's 29th annual investment conference for financial advisors, offering multiple angles from which to view and assess risk. The conference's Innovation Lab will feature interactive…
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Colt Technology Services announced that it has opened a point of presence (PoP) in Marseille - an increasingly important hub location for carriers and organisations looking for a high bandwidth connectivity gateway connecting Europe with Asia, Africa and the Middle East, due to the landing of several important subsea cables from these regions in the…
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LeapRate Exclusive... LeapRate has learned via regulatory filings made in Poland that Warsaw based X Trade Brokers Dom Maklerski SA (WSE:XTB), which operates Retail Forex broker XTB.com as well as the X Open Hub trading platform, has continued its quite unusual pattern of up-and-down performance with a very slow quarter to begin 2017. XTB has indicated in…
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Broadridge Financial Solutions, Inc. (NYSE:BR) announced today that it has appointed Deborah A. Bussière as Global Chief Marketing Officer, effective May 8. In this role, Bussière will be responsible for directing Broadridge’s global marketing functions, including execution of the company’s brand strategy, product marketing efforts, corporate communications, and digital and social media marketing. She will…
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Z.com., the FCA regulated MT4 retail brokerage arm of Japanese FX giant GMO Click, has announced that its Trade MT4 service now supports micro lot trading on all FX products. As a result of this change, the minimum trade size for all FX products has been amended from 1 lot to 0.1 lots. The 1…
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LeapRate has learned via regulatory filings made in the UK and France that international derivatives broker and FX market maker Sucden Financial Limited reported so-so results for 2016. On the top line, Revenues rose by 7% to £46.5 million, although still well below where Revenues were in 2013 and 2014 at Sucden. On the bottom…
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Otkritie Capital International Ltd (OCIL), a UK-based, FCA-regulated prime-broker operating across global financial markets, today announced at TradeTech Europe that its FX Prime business within the Otkritie Global Prime franchise is picking up pace since its full scale rollout 12 months ago. The FX Prime turnover volumes went up by 96% compared to April 2016…
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