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The top Forex Industry News stories this past week appeared, once again, only at LeapRate.
Who’s behind the ATFX acquisition of CySEC licensed FX broker PositivaFX, as well as ATFX’s expansion in the UK?
Who’s in, and who’s out, as CEO at Retail FX and CFD brokers Z.com Trade and Capital.com? What do the changes tell us about strategic direction at each broker?
Who was issued the first Online Forex Broker license in Kenya?
To whom did Saxo Bank sell its South Africa business?
Answers to these questions and more appeared first or only at LeapRate. Some of our most viewed and commented-on posts from the past week include:
ATFX acquires CySEC licensed institutional FX broker PositivaFX, expands to Retail. LeapRate Exclusive… LeapRate has learned that ATFX has expanded to Cyprus, acquiring control of CySEC licensed institutional FX broker PositivaFX, while expanding its mandate to now include Retail FX. ATFX has also set up an FCA regulated subsidiary in the UK, headed by former MF Global and Fixi PLC executive Richard Craddock. Who is behind ATFX, and its continuing global expansion? Get all the details, exclusively at LeapRate.
Exclusive: CFD broker Capital.com hires IG executive as its new CEO. LeapRate Exclusive… LeapRate has learned that recently-launched CySEC licensed Retail FX and CFDs broker Capital.com has hired longtime IG Group Holdings plc (LON:IGG) executive Ivan Gowan (pictured above) as its new CEO. Who exactly is the new CEO of Capital.com? Where did Capital.com get its $25 million of funding? And how much did they pay for the “capital.com” url? Get all the details, exclusively at LeapRate.
Invast Global and oneZero to partner in MT5 liquidity for FX brokers. Sydney, Australia based boutique prime broker Invast Global has announced the launch of a Tokyo oneZero Hub in EquinixTY3. This development follows on from the unveiling of the London Invast LD4 oneZero Hub only three weeks ago. And, the two plan to partner in the liquidity to MT5 brokers sunniness. Get all the details, exclusively at LeapRate.
First Kenya Forex license issued. On what has been a fairly quiet Forex Industry News mid-week Wednesday, we do have news of the first Forex broker license to be issued in Kenya. Beginning of a trend? Which broker is the first to get a Kenya Forex broker license? Get all the details, always first at LeapRate.
Saxo Bank exits South Africa FX market. Copenhagen based Forex and multi asset broker Saxo Bank is continuing to reshape its operations following a recently approved takeover of the company by China’s Geely Group. The latest salvo – a sale of its South Africa business. To whom did the company sell Saxo Bank South Africa? Get all the details, always first at LeapRate.
The truth behind Binary Options fraud: new CFTC video series. The U.S. Commodity Futures Trading Commission (CFTC) announced today the release of The Truth Behind Binary Options Fraud, new videos that give viewers a first-hand look at the tactics shrewd fraudsters use to con investors out of hundreds or even thousands of dollars.