One of the recurring themes we cover at LeapRate is that of risk management for Forex brokers. It is clear to us that some brokers do it well and some, let's say, not so well. Why does risk management remain such a ‘pain point’ for so many brokers? We're pleased to present our conversation on…
Read moreCopenhagen based Forex and multi asset broker Saxo Bank today announced the appointment of Steve Weller as CEO of the MENA Region. Steve Weller will be based in Saxo Bank’s Dubai office and report directly to Damian Bunce, CCO of Saxo Bank. In his new role, Weller will assume the overall responsibility to grow and…
Read moreRetail Forex broker Alpari just announced that Vladimir Verbitskiy has been named to the post of Chief Executive Officer at the international financial Alpari brand. Verbitskiy previously worked as a business advisor to the brand’s owner; Andrey Dashin, and held the position of an independent director in the company. In his new role, he will…
Read moreLeapRate Exclusive... LeapRate has learned that FCA regulated broker ITI Capital Limited has made another addition to its senior management team, hiring Richard McCall as the company's new COO. Richard McCall was with proprietary trading firm Sun Trading International for the past four years, as its COO. Prior he was COO - EMEA Equity Derivatives in…
Read moreThe Hong Kong subsidiary of the international derivatives broker Sucden Financial just announced that it has appointed Phil Kim as Head of eFX Sales, Asia Pacific in Hong Kong. His focus will be on expanding the company's institutional eFX liquidity offering within the Asia Pacific region. Phil Kim has 13 years of experience in institutional…
Read moreLeapRate Exclusive... LeapRate has learned that Geneva and Latvia based Retail FX brokerage group Dukascopy continued its weak performance from the first half of 2017 into the second half of the year. Overall, Dukascopy posted Revenues of CHF 29.1 million (USD $29.0 million) in 2017, down 12% from CHF 33.2 million in 2016. The company…
Read moreWhat a momentous week it was in Forex Industry News, with all the key stories appearing first or only on LeapRate! How big was Plus500's absolutely monstrous Q1? Who bought Oanda, one of the oldest online Retail FX brokers? How did the latest results looks like from ADS Securities and Capital Index? Which major FX…
Read moreInformation giant Thomson Reuters (NYSE:TRI) announced that it has expanded its North American wealth management brokerage processing platform, BETA, to include automated international post-trade processing for multi-market and multi-currency securities, representing a significant advancement in a continuous effort to better serve both retail and institutional clients. Powered by NRI’s I-STAR/GX platform, Thomson Reuters North American…
Read moreCboe Global Markets, Inc. (Nasdaq: CBOE) has reported record financial results for the first quarter of 2018. Consolidated results for the first quarter of 2017 include Bats Global Markets (Bats) for the period March 1 through March 31, 2017. Cboe completed its acquisition of Bats on February 28, 2017. Our record results underscore the utility…
Read moreLeapRate Exclusive... LeapRate has learned that Investoo Group, which has rapidly grown to become one of the largest FX and crypto affiliates, is now registered by the Financial Conduct Authority (FCA) in the UK, as an Appointed Representative of Met Facilities LLP. Met Facilities provides a regulatory hosting umbrella for funds, start-ups, fintechs and financial…
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