FX Industry Week Review: Forex broker results, Crypto exchange launch, and lots more

forex industry news update

It was a fairly quiet last-week-of-summer for Forex Industry News, although we continued to bring our readers the key stories and analysis they won’t find anywhere else.

Which Retail FX brokers reported results this past week?

Which CEO departed the London office of a major global FX broker?

Which is the latest Retail FX broker to launch a crypto exchange?

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:

Valutrades websiteValutrades grows Revenues 77%, doubles Client Funds held in 2017. LeapRate Exclusive… LeapRate has learned that FCA regulated Retail FX and CFDs broker Valutrades will soon be posting its financial statements with regulatory authorities, indicating that the company continued to grow nicely in 2017. What were Valutrades’ revenues in 2017? Who controls the company? Get all the details, exclusively at LeapRate.

Dukascopy headquarters GenevaExclusive: Dukascopy losses continue in 1H-2018 as Revenues drop. LeapRate Exclusive… LeapRate has learned that Geneva and Latvia based Retail FX brokerage group Dukascopy continued its fairly weak performance from 2017 into the first half of 2018. What were Dukascopy’s revenues in the first half of 2018? How much were they down from 2H-2017? What are Dukascopy’s trading volumes? Get all the details, exclusively at LeapRate.

Conor ODriscoll FxProFxPro looking for new UK office head as Conor O’Driscoll resigns. LeapRate has learned that Conor O’Driscoll, Deputy CEO and COO at FxPro UK, has departed the company, leading to an executive search to replace him.This marks the second recent senior executive departure at FxPro UK, with the company’s Chief Sales Officer Ed Anderson recently moving to FX prime broker Price Markets, also exclusively reported at LeapRate.

IronFX and EmurgoHK launch a new crypto exchangeIronFX and EmurgoHK launch a new crypto exchangeIronFX and EmurgoHK have announced that they are intending to launch their regulated exchange as a seamless bridge between crypto and traditional online trading. The new destination, called IronX, will operate as a regulated, service-focused exchange, creating a highly efficient trading ecosystem that facilitates funding via both FIAT and Crypto.

tools for brokers trade processorTools For Brokers adds unlimited LP and order flow functionality to Trade Processor. Cyprus-based brokerage technology solutions provider Tools For Brokers has announced that it has expanded its range of solutions with its Trade Processor product, enabling unlimited liquidity providers connections as well as order flows configuration and the ability to switch between liquidities.

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