Following a strong comeback in the second half of 2017 which followed nearly two years of weak results, Hong Kong retail forex broker KVB Kunlun Financial Group Ltd (HKG:8077) has released its 1H-2018 financials indicating that activity slowed somewhat during the first six months of the year. Overall, Revenues at KVB Kunlun for the first six…
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LeapRate Exclusive Interview... One thing seems certain nowadays - the advent of blockchain and cryptocurrencies is going to change the world of finance in general, and the FX trading industry in particular. How that will happen, however, isn't quite as clear. One group which seems to have a vision is 180 Capital, which is launching…
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Copenhagen based Retail FX and CFDs broker Saxo Bank has reported its results for the first half of 2018, indicating an overall slowdown in business. On the top line, in what the company said was a period with low market volatility and the introduction of a new competitive pricing structure, Revenue for the Group reached…
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FCA regulated FX and CFDs broker ActivTrades has announced that it has received ISO 27001 certification, relating to its information security management systems (ISMS). ISO 27001 is an international industry standard governing how organisations establish, implement and monitor systems. A global symbol of reliability and trust, the certification recognises ActivTrades' ability to proactively manage its ISMS…
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Gain Capital Holdings Inc (NYSE:GCAP) has just reported its operating metrics for the month of July 2018. After a very strong first half of the year, the numbers begin 2H-2018 a little slower at FOREX.com and City Index, Gain's two main Retail trading brands, though mainly due to typically slow summer trading and quieter market…
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It is rare that a company reports a 43% quarterly drop in Revenues, but you could still call that quarter a successful and strong one. Well that seems to be the case with Plus500's Q2 results. After surprising the markets (and anyone else who follows the FX industry) with an absolutely astounding Q1 which saw…
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CySEC licensed online trading platform Libertex has announced that it has added 11 new contracts for difference (CFDs). Now one can trade major exchange-traded funds (ETF) and the dollar index USDX using Libertex's trading platform. The contracts for the following ETFs are available in Libertex: SPDR S&P 500 ETF Trust iShares Latin America 40 ETF…
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LeapRate Exclusive... LeapRate has learned that global Retail FX brokerage Blackwell Global successfully upgraded the FCA license of its UK arm Blackwell Global Investments (UK) Limited, to a full-scope "IFPRU €730k" license. The new license became effective as of August 1. Blackwell Global UK's previous license, received in early 2016 as was also exclusively reported…
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LeapRate Exclusive Interview... There has been a lot of change swirling lately at global broker ADSS - a rebranding of the company from ADS Securities, senior management changes, preparing for ESMA, and dealing with a new cryptocurrency trading clientele. We are very pleased to speak today with Mathieu Ghanem, Managing Director, Global Head of Sales and Marketing…
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Leading Swiss online banking and brokerage firm Swissquote Group Holding SA (SWX:SQN) has announced that it has acquired Luxembourg based online bank and investment firm Internaxx Bank S.A. for €27.7 million. The company said that the acquisition of Luxembourg-based Internaxx - which advertises itself as an investment firm for the expat community - gives Swissquote…
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