Category: Brokers

luxembourg axxion
September 13, 2018 BY LeapRate Staff

Exclusive: Luxembourg private label fund manager Axxion takes 5% position in Plus500

LeapRate Exclusive... LeapRate has learned via regulatory filings that Luxembourg based private label fund manager Axxion S.A. has built up a 5% ownership position in FCA regulated Retail CFD broker Plus500 Ltd (LON:PLUS). The stake, totaling 5,808,270 Plus500 shares, are worth about £82.3 million (USD $107 million) and represent 5.1% of Plus500's outstanding shares. The move…

Read more
IronFX Offshore Racing Congress
September 12, 2018 BY LeapRate Staff

IronFX sponsors 2018 Offshore Racing Congress (ORC) European Championship

Retail FX group IronFX has announced that it will be sponsoring the 2018 ORC European Championship, which will take place in Limassol, Cyprus, between September 8th and 15th, 2018. As part of the company’s long established Corporate Social Responsibility (CSR) program, IronFX announces their latest partnership with the Offshore Racing Congress (ORC) and the 2018…

Read more
Gain Capital forex.com
September 11, 2018 BY Valentina Kirilova

GAIN Capital August OTC trading volumes down 4% MoM

FX brokerage group GAIN Capital Holdings Inc (NYSE:GCAP) has just released steady, yet still a bit low monthly activity for August 2018. OTC Trading Volume was down with 4% from previous month. Number of Futures Contracts went up to 576,140. Low market volatility, outside of a few situational items like the Turkish Lira movement, continued…

Read more
playtech offices
September 07, 2018 BY LeapRate Staff

Playtech offloads its 9.99% stake in Plus500 for £176 million

There are a lot more free floating shares out there now for Plus500 Ltd (LON:PLUS). Just several hours after a group of Plus500 founders sold 9.39 million shares in the company for £145 million, another 11.4 million PLUS shares hit the market, with online gaming and financial trading company Playtech PLC (LON:PTEC) selling its entire 9.99% stake…

Read more
admiral markets expo
September 06, 2018 BY LeapRate Staff

Admiral Markets expanding into deposits and loans with Credit Institution Licence application

Estonia based Retail FX and CFD brokerage group Admiral Markets AS has  announced that it has applied for a credit institution licence through the Estonian Financial Supervision Authority, which is currently processing the application. Admiral Markets said that it has made the application for a credit institution licence to support its core service offering -…

Read more
Tickmill fx broker
September 06, 2018 BY LeapRate Staff

Exclusive: Tickmill UK monthly volumes hit $16 billion, Client Funds $8 million

LeapRate Exclusive... LeapRate has learned via regulatory filings that Tickmill UK Ltd, the FCA licensed arm of Estonian-controlled Retail FX brokerage group Tickmill, posted fairly impressive results during its first full year of operation. Tickmill UK received its FCA authorization in July 2016, and started trading activities in November 2016. The Tickmill group was established…

Read more