Category: Forex

AxiTrader UK
August 25, 2017 BY LeapRate Staff

Exclusive: AxiTrader UK hires ex ADS, City Index and CMC Markets exec Ross Donoghue as Head of EU Sales

LeapRate Exclusive... LeapRate has learned that FX industry sales veteran Ross Donoghue has joined the FCA regulated UK arm of Australia based Retail FX broker AxiTrader. Based in London, Ross Donoghue had most recently been with ADS Securities in their London office, and was responsible for launching the launching the retail side of the business…

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FCA publishes its Quarterly KPIs, no clear trends indicative of firm responses to Brexit
August 24, 2017 BY LeapRate Staff

MiFID II passporting changes for FX brokers highlighted by CySEC

Cyprus financial regulator CySEC has issued a circular highlighting the changes which will take effect come January 2018 in how CySEC-regulated brokers can passport their CIF license to other EU countries. Cyprus based CIF license holders, and in particular Retail FX and CFD brokers, rely on passporting to allow them to do everything from take…

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XTB forex broker
August 24, 2017 BY Valentina Kirilova

XTB's operating profit increases by PLN 34.1 million in 1H 2017

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 announced its financial results for the first half of 2017. The company has already issued last month preliminary Q2 results indicating improved performance for the company over what was a very slow…

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August 24, 2017 BY Valentina Kirilova

AvaTrade now offers Bitcoin Cash

Forex and CFD provider AvaTrade just announced that has added to its portfolio the newest cryptocurrency, Bitcoin Cash. This brings the number of cryptocurrencies AvaTrade offers to 7, adding it to Bitcoin, Ethereum, Ethereum classic, Dash, Ripple and Litecoin. The new trading instrument, Bitcoin Cash, will be traded under the symbol BCHUSD. Since its formation…

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August 24, 2017 BY Valentina Kirilova

Paysafe completes acquisition of Merchants’ Choice Payment Solutions

Payments services company Paysafe Group Plc (LON:PAYS) announced today that it has completed the previously announced acquisition of substantially all the assets of Delta Card Services Inc., the holding company for Merchants’ Choice Payment Solutions (MCPS), a payment processor based in the Houston suburb of Shenandoah, Texas. Todd Linden, MCPS CEO, will join Paysafe as…

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æternity releases a live version of its blockchain platform
August 23, 2017 BY LeapRate Staff

SpotOption releases Blockchain based trading platform SpotChain

Online trading platform provider SpotOption has announced their latest solution that aims to revolutionize trading platforms. As the latest word in networks is the decentralized kind, SpotOption's newly launched SpotChain is following suit by introducing blockchain technology to their latest platform. Blockchain technology is the basis for the mindblowing success of cryptocurrencies the 140B sensation…

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playtech acquires acm group alpha
August 23, 2017 BY Valentina Kirilova

Playtech acquires ACM Group Ltd (Alpha), Financials Division to be named TradeTech Group

Online gaming and financial trading systems giant Playtech PLC (LON:PTEC) just announced it has agreed to acquire technology, intellectual property and certain customer assets (together 'the assets') from ACM Group Limited (known in the industry as Alpha) as it continues to enhance its Financials Division's B2B offering. As a result of the acquisition of the…

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FINRA's 2018 volume tops 2017 activity by 87%
August 23, 2017 BY Valentina Kirilova

FINRA announces Governor elections and appointments

The Financial Industry Regulatory Authority (FINRA) announced today the election of Governors to its Board of Governors. Stephen M. Cutler, Executive Vice President and Vice Chairman, JPMorgan Chase & Co., was elected as a Large Firm Governor, one of three representatives of large firms on the Board. Cutler has been a FINRA Governor since November…

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