China’s Geely and Finland’s Sampo take control of Saxo Bank, buy out TPG Capital and SinarMas LeapRate

October 02, 2017 BY LeapRate Staff

China's Geely and Finland's Sampo take control of Saxo Bank, buy out TPG Capital and SinarMas

Saxo Bank has a new majority owner. The Copenhagen based multi asset online broker has announced that Finland's Sampo Oyj (HEL:SAMPO) is becoming a new shareholder in Saxo Bank, joining China's Geely Group which will now become Saxo Bank's largest (and controlling) shareholder. Geely and Sampo will jointly buy out the other two main outside shareholders…

October 02, 2017 BY Valentina Kirilova

TFX announces September trading volumes, Click 365 up 8% MoM

Tokyo Financial Exchange (TFX) just released its trading volumes report for the month of September 2017. Interest Rate Futures contracts The trading volume of Three-month Euroyen futures was 129,531 ( + 34.8% MoM / - 50.2% YoY ) and its average daily volume was 6,477. 項目 September 2017 Trading Volume Daily Average Change on…

October 02, 2017 BY LeapRate Staff

GTX sees second best ever month for FX trading volumes in September 2017 at $342 billion, $16.3B ADV

GTX, the institutional FX arm of retail forex broker Gain Capital Holdings Inc (NYSE:GCAP), has reported near-record trading volumes during the month of September, right on the heels of a record August for GTX – quite a surprise given the usually quiet nature of summer currency trading in the institutional world. GTX reported total trading…

October 01, 2017 BY LeapRate Staff

Exclusive: FX and CFDs broker GKFX grows Revenues 32% in 2016 to £69 million

LeapRate Exclusive... LeapRate has learned that FCA licensed Spreadbetting, FX and CFDs broker GKFX Financial Services Limited has seen a fairly impressive growth spurt, and - having raised an additional $15 million earlier this year - seems poised for more. GKFX reported that Revenues for the 16 month period September 2015 through December 2016 came…

October 01, 2017 BY LeapRate Staff

FX Industry Week Review: Binary Options ban, Bulgaria FX license denied, new CySEC broker, and lots more…

It was a week of both good and bad Forex Industry News, with the key stories of the week once again appearing only at LeapRate. We also saw quite a lot of financial reports from a variety of brokers from around the world. Also - some good, some not-so-good. Which investor group was granted a…

October 01, 2017 BY LeapRate Staff

Hotspot FX has best month in 2017 with September FX trading volumes at $33.1 billion ADV

Beginning our peek into September 2017 trading volumes at leading eFX trading platforms, data from institutional Forex ECN Hotspot FX indicates that September was a very good month, if not the best so far of 2017. FX trading volumes at Hotspot FX averaged $33.1 billion daily in September, up 22% from August. Volumes at Hotspot…

October 01, 2017 BY LeapRate Staff

FastMatch has second best month ever with September FX trading volumes at $20.9 billion ADV

Leading off our reports of FX trading volumes for September by leading Retail and Institutional eFX platforms, Forex ECN FastMatch data shows a 29% rise in activity from August. FX trading volumes at FastMatch averaged $20.9 billion daily in September, as compared to just $16.2 billion in August. In fact, September was FastMatch's second best…

September 29, 2017 BY LeapRate Staff

Moscow Exchange names Maxim Lapin as CFO

The Supervisory Board of Moscow Exchange at a meeting on 28 September 2017 confirmed Maxim Lapin as a Member of the Executive Board and Chief Financial Officer of the company. Before joining Moscow Exchange Maxim Lapin was a member of the Management Board and Business Development Director at steelmaker MMK. Before MMK he was Director…

Marex Spectron launches Marex Financial Products structured note business

September 29, 2017 BY LeapRate Staff

Marex Spectron ups working capital facility to $115 million as Barclays increases commitment

Global commodities broker Marex Spectron has announced that it has increased the size of its working capital facility from $105 million to $115 million, with the Barclay’s Bank unit of Barclays PLC (ADR) (NYSE:BCS) increasing the size of its commitment from $15 million to $25 million. Alongside Barclays Bank, the other participants in the facility are…

Stax Inc. teams up with Coleman Research

September 29, 2017 BY Valentina Kirilova

Thomson Reuters Anti-Money Laundering Insights Report reveals a very real fear of noncompliance

Cyber-enabled crime, shifting economic sanctions’ targets and new data-reporting demands have created radical upheaval in the U.S. anti-money laundering (AML) regime. Thomson Reuters (NYSE:TRI) recently surveyed 438 AML compliance leaders connected with the Association of Certified Anti-Money Laundering Specialists (ACAMS) to gain an understanding of how U.S. financial institutions are addressing the regulatory disruption. The…

Category: Forex

China's Geely and Finland's Sampo take control of Saxo Bank, buy out TPG Capital and SinarMas

TFX announces September trading volumes, Click 365 up 8% MoM

GTX sees second best ever month for FX trading volumes in September 2017 at $342 billion, $16.3B ADV

Exclusive: FX and CFDs broker GKFX grows Revenues 32% in 2016 to £69 million

FX Industry Week Review: Binary Options ban, Bulgaria FX license denied, new CySEC broker, and lots more…

Hotspot FX has best month in 2017 with September FX trading volumes at $33.1 billion ADV

FastMatch has second best month ever with September FX trading volumes at $20.9 billion ADV

Moscow Exchange names Maxim Lapin as CFO

Marex Spectron ups working capital facility to $115 million as Barclays increases commitment

Thomson Reuters Anti-Money Laundering Insights Report reveals a very real fear of noncompliance

Coca-Cola To Offer IPO For African Bottling Division

Getir Exits Europe And US To Concentrate On Local Market

Tesla’s Stock Surges After China’s Thumbs-Up For Driver-Assistance Technology

AUD Looks To End April On A Positive Note

Exxon Mobil Price Drops As Refining Costs Increase