Category: Forex

April 26, 2018 BY LeapRate Staff

GAIN Capital has its best quarter in more than a year: Q1 Revenue $107M, Profits $16M

Retail and Institutional FX brokerage group Gain Capital Holdings Inc (NYSE:GCAP) has announced Q1-2018 results indicating an across-the-board improvement in both top and bottom line results. Quarterly revenues and profits at GAIN Capital were both at multi-year high levels. GAIN Capital operates the retail Forex.com and City Index online trading brands and the institutional GTX business.…

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April 26, 2018 BY Valentina Kirilova

Gil Mandelzis' new FX credit switching venture Capitolis goes live with Citi, Jefferies and FXCM

Capitolis, the pioneering technology provider for the capital markets, has just announced it is live with its foreign exchange credit switching service, Capitolis Switch. Capitolis raised $29 million of venture capital funding earlier this year from Silicon Valley VCs Index Ventures and Sequoia Capital ($20 million led by Index Ventures, and a prior $9 million…

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April 26, 2018 BY Valentina Kirilova

Fusion LenderComm launches as R3’s Corda platform app

Finastra has announced that its blockchain-based solution, Fusion LenderComm, is now commercially available, as an app on R3’s Corda platform, for financial institutions operating in the syndicated lending market. The solution is proven to streamline information exchange between agent banks and lenders, driving transparency and efficiency in the syndicated loan market. The successful completion of…

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April 26, 2018 BY Valentina Kirilova

Tech firm Metamako buys xCelor’s hardware business

Metamako, provider of low-latency, FPGA-enabled network solutions, announced today the acquisition of xCelor’s network device business. Metamako is making its first acquisition, strengthening its position as the premier network technology platform for companies developing and deploying high-performance applications. xCelor will now concentrate on its applications business, providing its apps on the Metamako hardware. This is…

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April 26, 2018 BY Valentina Kirilova

Ghanaian broker Precise FX rolls out MT5 trading platform

Traders of Ghana and other West African countries are now able to trade using the innovative platform developed by MetaQuotes. Forex trading platform developer MetaQuotes has announced that Ghanaian broker Precise FX is the first in the region to switch to MetaTrader 5, offering its customers the full package of services. The African traders have…

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April 26, 2018 BY LeapRate Staff

Exclusive: Lars Holst invests in Regtech firm muinmos

LeapRate Exclusive... The CFH Clearing fraternity runs deep. LeapRate has learned that former CFH Clearing co-founder and CEO Lars Holst has invested in, and joined the board of, Regtech firm muinmos. He was also appointed as Chairman of muinmos, and will play an active role in the company. muinmos was founded by Mr. Holst's CFH…

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April 26, 2018 BY LeapRate Staff

Exclusive: Forex broker XTB sees Head of Legal Paweł Franczak resign amid legal troubles

LeapRate Exclusive... LeapRate has learned via regulatory filings that Warsaw based Retail FX brokerage group X Trade Brokers Dom Maklerski SA (WSE:XTB), which operates the XTB.com brand as well as the X Open Hub trading platform, has seen its longtime Head of Legal Paweł Frańczak resign from his position. Mr. Frańczak has also stepped down from the XTB Management Board. He…

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