FX Industry Week Review: Markets.com’s new CEO, Z.com Trade and eToro raise capital, IG’s record Revenues, and lots more…

forex industry news update

Who did Markets.com hire from ThinkMarkets to be its new CEO?

How much money did Retail FX brokers Z.com Trade, and eToro, each raise? And why?

What drove IG Group’s record Revenues this past quarter?

Who is the new Head of Marketing at Leverate?

Answers to these questions and a whole lot more appeared exclusively or first at LeapRate’s Forex Industry News this week. Some of our most viewed and commented-on posts on the past seven days include:

Joe Rundle Markets.com CEOExclusive: Markets.com hires rival executive as its new CEO. LeapRate Exclusive… LeapRate has learned that Retail FX broker Markets.com, part of Playtech PLC, has gone outside the company to hire a new CEO. Who is the new Markets.com CEO? Which London-based, FCA regulated broker did he come from? And what does his hiring say about the direction of Playtech’s financials division, which includes CFH Group and TradeTech Alpha? Get all the details, exclusively now at LeapRate.

z.com trade capital raiseExclusive: Z.com Trade gets capital injection from parent GMI Internet. LeapRate Exclusive… LeapRate has learned that Japanese online and FX trading giant GMO Internet Inc. has invested an additional amount of capital into its FCA regulated UK subsidiary, GMO-Z.com Trade UK Limited, which operates the Z.com Trade brand. How much money did GMO put now into Z.com Trade? How much money has it put into Z.com Trade in total, since launching the UK business? Get all the details, exclusively now at LeapRate.

mobile forex trading appExclusive: Leverate goes outside the industry for new Head of Marketing. LeapRate Exclusive… LeapRate has learned that Forex broker technology and solutions provider Leverate has, for the second time in a row, gone outside the company and outside the FX industry for a new Head of Marketing, replacing the recently departed Nicc Lewis. Who did Leverate hire? From which (well-known) Internet company? And what does that say about Leverate’s likely future direction? Get all the details, exclusively now at LeapRate.

etoro raises 100 millioneToro raises $100 million fromBreaking Forex News…This is not the first time eToro has raised outside capital. Most recently, eToro raises $27 million from China’s Ping An and Russia’s Sberbank, in December 2014. So who just invested $100 million into eToro? And how many client deposits did eToro bring in last year? (You’ll be surprised!). Read all about it, now at LeapRate.

IG Group trading floorIG Group posts record Revenue in Fiscal Q3, driven by… It looks like the leading Retail FX brokers have picked up in calendar 2018 where they left off in 2017. After posting record Revenues for the May-November 2017 period (IG’s Fiscal 2018 first half), the company beat that handily in Q3 with more record results. How much Revenue did IG bring in during Q3? And what drove IG’s revenue growth? What % of the total was crypto trading? Get all the details, always first at LeapRate.

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