FX Industry Week Review: LMAX institutional crypto exchange, cTrader 3.0 platform rollout, and lots more

What are LMAX Exchange’s plans for its new institutional cryptocurrency exchange, LMAX Digital?

What’s new in version 3.0 of Spotware’s popular cTrader platform, released this past week?

What do institutional FX broker FIXI’s £2.2 million fundraising, and hiring of new executives, say about the company’s plans for the future?

How much effect did IG Group say that ESMA’s new CFD leverage cap will have on its Revenues?

What did OANDA CEO Vatsa Narasimha have to say about the FX broker’s recent sale to private equity firm CVC?

Who’s the new CEO at FX platform provider TradAir?

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:


LMAX Digital physical crypto exchangeLMAX Digital launches as the first institutional crypto currency exchange. LMAX Exchange Group, which operates a leading FCA regulated trading venue and has become one of the leading liquidity providers to FX brokers worldwide, has announced the launch of the first physical crypto currency exchange dedicated to serving only institutional clients. Get all the details about the launch of LMAX Digital, always first at LeapRate.

ctrader version 3.0Exclusive: Spotware Systems begins rollout of cTrader 3.0 trading platform to brokers. LeapRate Exclusive… LeapRate has learned that financial technology provider Spotware Systems has started rolling out the new cTrader version 3.0 to brokers. cTrader 3.0 has been a long-awaited major upgrade of the popular trading platform. What is different in cTrader 3.0? What has Spotware done with the platform’s cAlgo and cMirror services? (Hint: they’re both changed/renamed). Get all the details, exclusively at LeapRate.

Fixi plc websiteExclusive: FIXI plc raises £2.2M, hires executives ahead of Retail FX expansion. LeapRate Exclusive… LeapRate has learned that FCA regulated, London based institutional FX broker FIXI plc has raised an additional £2.2 million (USD $3.0 million) in capital from its shareholders, and hired a number of senior executives. The clear goal: expansion into Retail FX. Who has joined FIXI? (from AvaTrade, GKFX, Divisa…). Get all the details, exclusively at LeapRate.

IG Group officeIG Group reports Q4 Revenues, quantifies ‘ESMA hit’. UK online brokerage leader IG Group has reported its full year 2018 results (thru to March 31, 2018), which we have broken down to show its quarterly performance. How did Q4 compare to IG’s record Revenues in Q3? What % ‘hit’ to Revenues did IG say that ESMA’s new CFD leverage rules are expected to mean? How did IG shares react? Get all the details and analysis, always first at LeapRate.

Vatsa Narasimha OANDA CEOExclusive: OANDA CEO Vatsa Narasimha on the CVC acquisition, and the future. LeapRate Exclusive Interview… While it is still early in 2018, clearly the Deal of the Year so far in the world of FX brokerage is the sale of OANDA to private equity firm CVC Capital Partners. How did the deal come about? What does the acquisition mean for the company, and its future? We’re pleased to speak today to one of the architects of the transaction, OANDA CEO Vatsa Narasimha. Here is what he had to say, exclusively at LeapRate.

Financial results we reported this week include:

  • Exclusive: GKFX posts 14% decrease in 2017 Revenues to £60.9 million
  • NEX Group revenues up 9% in FY2018, Forex ECN EBS up just 4%

We also had a number of FX executive moves and news to report including:

  • New CEO at FX platform and tech solutions provider TradAir.
  • Former LMAX executive Sunny Singh launches FX / crypto sports marketing agency
  • Exclusive: Former ADS Securities exec Jamieson Blake joins…

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