Category: Brokers

LCG trading floor
December 13, 2017 BY LeapRate Staff

LCG lists its shares on the NEX Exchange Growth Market

FCA regulated Retail Forex, CFDs and Spread Betting broker London Capital Group Holdings plc (LON:LCG) has announced that effective today its shares will be listed on the NEX Exchange Growth Market. LCG shares will also continue to be listed on London Stock Exchange's AIM. The NEX Exchange Growth Market, or "the other London stock exchange", is operated by NEX…

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GLBR Chapter 11 bankruptcy approved
December 12, 2017 BY LeapRate Staff

Global Brokerage gets approval for Chapter 11 restructuring and delisting, shares plunge

Global Brokerage, Inc. (NASDAQ:GLBR), formerly known as FXCM Inc, announced that 78.5% of the holders of its $172 million of outstanding Convertible Notes voted to approve the company's reorganization plan. The plan will see GLBR enter Chapter 11 bankruptcy reorganization, with the convertible notes "converted" to become non-convertible, their interest rate hiked from 2.25% to 7%,…

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December 11, 2017 BY Valentina Kirilova

Dukascopy launches Private Retail Banking

Swiss Forex brokerage house Dukascopy Bank SA just announced that it has entered the new domain of core banking business – retail banking. The cornerstone of its new business model is a combination of online video identification and banking infrastructure built around a modern messenger and social network. Dukascopy has achieved the technological point, at…

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