Leading online CFDs broker Plus500 Ltd (LON:PLUS) has issued its Trading Update for the end of 2017, indicating that the company will report a record quarter for Q4 in terms of Revenues. We would remind our readers that in Q3 Plus500 reported what we called a 'monster' quarter, with then-best-ever Revenues of $116.5 million, EBITDA of…
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LeapRate Exclusive… LeapRate has learned that Ikon Finance Limited, the FCA regulated arm of the global Ikon Group, has named Simon Bird as its Non Executive Chairman. LeapRate had exclusively reported in November that Mr. Bird was making a comeback of sorts to the FX industry, as he was set to join the board of Ikon…
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Shares of global FX brokerage house Gain Capital Holdings Inc (NYSE:GCAP) are soaring by more than 25% today after a bullish report issued by a lightly read 'special situations' analyst named Richard Pearson seems to have lit a spark among investors. Not surprisingly, the spark is cryptocurrency trading. GAIN Capital, parent company of the global…
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Limassol, Cyprus based Retail FX broker RoboForex has announced that it is rebranding under the new name RoboMarkets. Alongside the brand name change, the company has changed its corporate name from RoboForex (CY) Ltd to Robomarkets Ltd, which is now the official holder of the company's CySEC CIF license. The group also operates offshore Retail FX…
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FCA regulated Retail Forex, CFDs and Spread Betting broker London Capital Group Holdings plc (LON:LCG) has announced that it plans to delist the company's shares from trading on the London Stock Exchange's AIM market. LCG didn't give an exact date for the delisting, just that it would convene a shareholders meeting to vote on the matter…
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LeapRate Exclusive... LeapRate has learned that a new CySEC CIF license has been granted to a company called A.N. Allnew Investments Ltd, controlled by former XForex executive Jad Abdel Rahman. Under the new license, the company has launched a new Retail FX brand called LegacyFX, at websites legacyfx.com and for EU based clients at legacyfx.eu. The…
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Amana Capital, Centroid Solutions, and 514 Capital Partners have announced a transformational plan to unite all three entities under a new holding structure, named ‘180 Capital’. The opportunity to create a new force in financial technology, was the catalyst in the evolution from separate entities to a combination of entities. 180 Capital (180cap.com) will incorporate…
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Monex, Inc., a subsidiary of Monex Group, Inc. (TYO:8698), just announced that it has started offering the “Partner Account” for couples of diverse sexual orientation and gender identity (LGBT) to save and manage assets together. This is the first Partner Account provided by a major online securities company. Since the fiscal year ending March 2017,…
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LeapRate Exclusive... LeapRate has learned via regulatory filings that online gaming and financial trading systems provider Playtech PLC (LON:PTEC) has indicated that it remains one of the largest shareholders of betting and gaming company Ladbrokes Coral Group PLC (LON:LCL), which operates both the Ladbrokes and Coral brands as well as Eurobet, Gala Casino and Betdaq. According…
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Retail forex broker FXCM Group has also released a statement in support of yesterday's announcements by the European Securities and Markets Authority (ESMA) and the Financial Conduct Authority (FCA) relating to additional customer protections. Further, FXCM hopes this leads to harmonized regulations across Europe. FXCM has long been in full compliance with most of the proposed…
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