What a momentous week it was in Forex Industry News, with all the key stories appearing first or only on LeapRate!
How big was Plus500‘s absolutely monstrous Q1?
Who bought Oanda, one of the oldest online Retail FX brokers?
How did the latest results looks like from ADS Securities and Capital Index?
Which major FX and crypto affiliate group received FCA registration? And why?
How much money has Leucadia made so far on its loan to FXCM? How much does FXCM still owe?
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:
Breaking: Forex broker OANDA acquired by… Breaking Forex News… OANDA has been acquired – by a group which recently made another large online acquisition. Who has bought OANDA? Get all the details, always first at LeapRate.
Wow! Plus500 revenues more than double in Q1-2018. All we can say is: Wow! After posting several consecutive quarters of record revenues above $100 million, leading CFD broker Plus500 has now reported one of the most astonishing financial reports we’ve ever seen here at LeapRate. How high did Plus500’s Revenues soar in Q1? (You really have to see it to believe it!) What drove growth at Plus500? Get all the details, always first at LeapRate.
Exclusive: Greg Secker’s Capital Index sees Revenues fall in 2017. LeapRate Exclusive… LeapRate has learned that FCA regulated CFDs and spreadbetting broker Capital Index (UK) Limited, owned by author and self proclaimed Master Trader Greg Secker, posted a net profit in 2017 although the company saw a decline in both Revenues and Client Funds held. Who has Mr. Secker brought in to run the company? What other hires has Capital Index made recently? Get all the details, exclusively now at LeapRate.
Exclusive: ADS Securities UK grows Revenues by 38% in 2017. LeapRate Exclusive… LeapRate has learned that ADS Securities London Limited, the FCA regulated UK arm of Abu Dhabi based global financial concern ADS Securities, has continued to grow – and has turned profitable after several years of investment by the parent company. How much Revenue did ADS Securities UK bring in? How much capital has Abu Dhabi parent ADS put into its UK arm so far? Get all the details, exclusively at LeapRate.
How much money has Leucadia made on its loan to FXCM? Investment company Leucadia National Corp has issued its 10Q quarterly report for Q1-2018, providing an update on its outstanding loan to Retail FX broker FXCM Group. Just how much profit has Leucadia booked on its January 2015 loan to FXCM? How much is it still owed by FXCM? Get all the details and analysis, always first at LeapRate.
Exclusive: FX and crypto affiliate group Investoo gets FCA registration. LeapRate Exclusive… LeapRate has learned that Investoo Group, which has rapidly grown to become one of the largest FX and crypto affiliates, is now registered by the Financial Conduct Authority (FCA) in the UK, as an Appointed Representative of Met Facilities LLP. Who is Met Facilities LLP? And, why would an FX affiliate group like Investoo need to be registered with the FCA? Get all the details, exclusively now at LeapRate.
Senior executive moves in the FX sector this past week included:
- Exclusive: ADS Securities sees resignation of London-based executive Jamieson Blake.
- Sucden Financial hires RJ O’Brien executive Darren Barker for institutional FX sales.
- Market maker Virtu hires Evercore and Deutsche Bank veteran Pete Candler for execution services.
- Mosaic Smart Data adds former EBS CEO Jack Jeffery as Chairman.