FXCM debt to Leucadia unchanged in Q2 at $122M, FastMatch sale proceeds pending LeapRate

July 28, 2017 BY LeapRate Staff

FXCM debt to Leucadia unchanged in Q2 at $122M, FastMatch sale proceeds pending

Investment giant Leucadia National Corp. (NYSE:LUK) has issued its second quarter results report, giving a little more insight into the money still owed to it by the FXCM unit of Global Brokerage Inc (NASDAQ:GLBR). According to Leucadia, they have nearly recovered the full amount of cash they invested in FXCM in January 2015, and still have $122.1 million…

July 27, 2017 BY Valentina Kirilova

CMC Markets reports increased revenue in fiscal Q1 2018

FCA regulated online CFD brokerage house CMC Markets Plc (LON:CMCX) has today issued its Interim Management Statement for the Q1 2018 period, from 1 April to 30 June 2017. Revenues have increased during Q1 2018 compared to the same period in 2017 to be in-line with the more normalised conditions seen during H2 2017. CMC…

July 27, 2017 BY Valentina Kirilova

Alpari’s trading turnover up 16% YoY in the first half of 2017

At the end of the first half of 2017, Alpari’s trading turnover across the key markets in which it operates came to 600.9bn USD. This marks a 16% increase on the same period in 2016. The international brand’s trading turnover has increased on most of the more popular currency pairs among traders and investors. The…

July 27, 2017 BY LeapRate Staff

FX broker XTB sees Q2 Revenues up 13% to $19 million

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 issued preliminary Q2 results indicating improved performance for the company over what was a very slow Q1. XTB continued its quite unusual pattern of up-and-down performance, with Revenues up to PLN…

July 26, 2017 BY LeapRate Staff

Hong Kong FX broker KVB Kunlun issues First Half 2017 profit warning

Hong Kong retail forex broker KVB Kunlun Financial Group Ltd (HKG:8077) has issued a statement warning investors that it expects to record a significant decrease in net profit for the first six months of 2017, as compared to the net profit recorded for the six months ended 30 June 2016. Profit warnings have become something of…

July 25, 2017 BY LeapRate Staff

Exclusive: Spreadex 2017 Revenue flat at £50.3 million, profits up to £23.2 million

LeapRate Exclusive... LeapRate has learned via regulatory filings that FCA regulated financial and sports spread betting company Spreadex saw no growth in its latest Fiscal year ended May 31, 2017. However Spreadex continued to generate healthy profits, up slightly from the previous year. Overall, Spreadex brought in £50.276 million in Revenue in 2017, virtually identical to last…

July 25, 2017 BY Valentina Kirilova

Tradition sees Japan FX revenue down 28.6% in First Half 2017

Swiss interdealer broker Compagnie Financière Tradition (SWX:CFT) has reported first-half consolidated revenue of CHF 411.4m, compared with CHF 425.2m in the same period in 2016, a decrease of 0.6% at constant exchange rates. In current currencies, the reported revenue remains impacted by the weakness of pound sterling following the vote on Brexit, down 3.3% compared…

July 24, 2017 BY LeapRate Staff

Australian FX broker USGFX China office raided, employees held hostage, ASIC monitoring

In a dramatic hostage situation now entering its sixth day, Chinese clients of Australia based retail FX brokerage USGFX continue to hold a number of the company's employees as hostages, barricaded inside USGFX's Shanghai offices. Somewhere between 30 to 50 USGFX clients entered the offices last Wednesday, demanding the return of about $2.6 million in…

July 24, 2017 BY Valentina Kirilova

Saxo Bank reduces spreads for UK clients, adds new functionality to SaxoTraderGO

Saxo Capital Markets UK Limited, the UK subsidiary of Copenhagen based multi asset broker Saxo Bank, announced today that it has reduced the minimum spread for UK clients trading the UK100, the CFD index of the 100 largest UK listed companies by market capitalisation. Saxo offers spreads from as low as 0.8 basis points. The reduction in…

July 24, 2017 BY LeapRate Staff

Forex Sports Sponsorship: UFX.com engages Barca captain Andrés Iniesta as Brand Ambassador

Continuing out coverage of leading Retail FX brokers partnering with top sports personalities, CySEC licensed retail forex broker UFX.com has just announced a new partnership with Spanish football star Andrés Iniesta. The FC Barcelona Captain has joined UFX as its international Brand Ambassador. This marks the second sports celebrity Brand Ambassadorship for UFX, which also…

Category: Brokers

FXCM debt to Leucadia unchanged in Q2 at $122M, FastMatch sale proceeds pending

CMC Markets reports increased revenue in fiscal Q1 2018

Alpari’s trading turnover up 16% YoY in the first half of 2017

FX broker XTB sees Q2 Revenues up 13% to $19 million

Hong Kong FX broker KVB Kunlun issues First Half 2017 profit warning

Exclusive: Spreadex 2017 Revenue flat at £50.3 million, profits up to £23.2 million

Tradition sees Japan FX revenue down 28.6% in First Half 2017

Australian FX broker USGFX China office raided, employees held hostage, ASIC monitoring

Saxo Bank reduces spreads for UK clients, adds new functionality to SaxoTraderGO

Forex Sports Sponsorship: UFX.com engages Barca captain Andrés Iniesta as Brand Ambassador

Cboe Global President Dave Howson to Step Down

Robinhood Rolls Out Desktop Trading Platform to UK Customers

Euroclear and Marketnode Partner On Fund Order and Processing Solution

Public Investing Fined $350k By FINRA

SIX Chairman Thomas Wellauer to Stand Down at AGM in 2026