FX Industry Week Review: Google Forex, CFD and crypto ads, Harborx sold, and lots more…

forex industry news update

Dominating Forex Industry News this week at LeapRate, quite clearly, was our coverage and the industry discussion it evoked on Google’s plans to ban crypto and binary options related ads, and for Google to require certification for all Forex and CFD ads. What type of ‘certification’ will Google require? When do Google’s new rules kick in? Read all about it, and let your voice be heard on the matter. See our coverage below.

But there was a whole lot more to report this week. Only on LeapRate this week you read about:

Who bought CySEC licensed FX broker Harborx.com?

Which MENA / New Zealand Retail FX broker has applied for an FCA license?

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Top stories of the past week at LeapRate included:

Google bans crypto and ICO ads, requires certification for Forex and CFD adsGoogle bans crypto and ICO ads, requires certification for Forex and CFD adsBreaking Forex News…Google just did the expected, by banning all ads for cryptocurrencies and ICOs. But what wasn’t so expected, was that Google lumped in Forex, CFDs and financial spread betting. All ads for online trading – Forex, CFDs and financial spread betting – will be required to be “certified by Google”. When does the Google ad ban kick in? Read all about it, always first at LeapRate.

ayers alliance cif licenseExclusive: CySEC FX broker Harborx sold, rebranded asLeapRate Exclusive… LeapRate has learned that CySEC CIF license holder Harborx Ltd, which operated the harborx.com social-focused Retail FX brokerage, has been acquired by a Hong Kong based entity. Who bought Harborx.com? What are the new owners doing with the CySEC license? And what does this have to do with crypto exchanges? Get all the details, exclusively at LeapRate.

direct trading technologies dtt forex brokerExclusive: MENA / New Zealand FX broker finalizing FCA license. LeapRate Exclusive… It looks like London is still THE preferred destination for global Forex brokers, despite the regulatory and Brexit uncertainty. LeapRate has learned that a MENA and New Zealand FX brokerage group is in the latter stages of applying for and receiving an FCA license. The company expects to receive the license and launch in the summer of 2018, from offices in Canary Wharf. Which broker? Who is behind the broker? Get all the details, exclusively at LeapRate.

Saxo Bank ChinaSaxo Bank expands in China yet again with a new partnership. Copenhagen based multi asset broker Saxo Bank, which just several days ago introduced a new China CEO, has struck yet another partnership with a Chinese financial and media concern to expand its footprint in the Far East. Who is the Saxo Bank’s latest China partnership with? Get all the details, always first at LeapRate.

Ayondo proceeding with $16 million Singapore IPOAyondo sets Singapore IPO terms. Global financial technology and social trading group ayondo Ltd has just announced that it has registered its Offer Document with the Singapore Exchange Securities Trading Limited (SGX-ST), acting as agent on behalf of the Monetary Authority of Singapore, for a listing on the Catalist board of the Singapore Exchange Securities Trading Limited.How much money will Ayondo be raising? Get all the details, always first at LeapRate.

Matthew Howard LiquidityBook

Matthew Howard, LiquidityBook

FX industry executive moves reported this past week at LeapRate included:

  • Exclusive: Forex.com SVP of Strategy Alexis Webster departs GAIN Capital.
  • Saxo Bank hires Commonwealth Bank’s Vivienne Yu as CEO of Greater China.
  • Raphael Ribeaucourt joins FAM Clearing from PrimeXM as VP Institutional Sales.
  • TradingScreen hires longtime FlexTrade exec Surika Vosloo as European Product Manager.
  • LiquidityBook hires Schneider Trading exec Matthew Howard as Head of APAC Client Service.

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