Category: News

LeapRate has learned that the previously announced acquisition of Geneva-based ACM (Advanced Currency Markets AG) by Swissquote was an all-cash transaction, priced at CHF 41.7 million ($43 million).Some background: On October 27, 2010 Swissquote Bank Ltd. announced that it had acquired online Forex firm ACM. This followed on the heels of new rules in Switzerland…

Saxo Bank released its full-year 2010 results at the end of last week, reporting that its profits tripled from 2009 to a record DKK 644 million (approximately $108 million) in its best-ever year. Behind the total-year numbers, however, was the fact that the vast majority of Saxo’s profits were earned in the first half of…

LeapRate is pleased to announce the first major update to our Online Forex Industry Report, which we originally published in December 2010. For those of our clients who purchased the original report, you should have already received the update.What is new in the update?  Market size – we have revised (downward) our estimate of…

Now that both Gain Capital and FXCM have announced their final results for 2010 (as well as recent results releases and announcements by others such as IG Group, London Capital Group, and FxPro), what exactly have we learned about these firms, and the overall state of the global Forex market?A few observations: It is possible…

FXCM and Gain Capital (Forex.com) Q4-2010 investor slideshow presentations. To download either click here: