Forex Industry Week Review: New Association, New FCA License, New Senior Roles, and lots more…

Forex Industry News at LeapRate was dominated by ‘new’ this week.

LeapRate brought our readers exclusive news of the new Industry Association being formed by several leading Forex and Binary Options brokers and platform providers. Our report breaking news of the secret meeting held last in Cyprus was one of our most-viewed and most-shared ever on social media, receiving more than 13,000 shares (!!)  on Facebook alone.

There was also the new FCA license issued to Exness, a new home (again) for longtime ETX Capital executive Joe Rundle, new fundraising for Valutrades, and a new product launch by Saxo Bank.

Our most popular guest posts this week were:

Some of our most popular, shared and commented-on posts this week at LeapRate included:


forex-binary-industry-associationLeading regulated Forex and Binary Options brokers and platform providers forming industry associationLeapRate Exclusive… LeapRate has learned that a secret invitation-only meeting is taking place today in Cyprus, attended by the CEOs of some of the leading retail forex and binary options brokers and platform providers from across the EU. The purpose? Forming a new industry association to represent the industry’s interests with regulators, traders, banks and other stakeholders in the Forex trading world. So who is behind the meeting? How many people are attending? What is being discussed? And what will be the main functions of the new association?

Valutrades completes £1.2M recapitalization to boost marketing efforts around new websiteLeapRate Exclusive… LeapRate has learned that FCA regulated retail forex and CFD broker Valutrades has completed a £1.2 million recapitalization, as the company looks to both shore up capital and free up money for an increased marketing budget. Valutrades also just unveiled its just-redesigned new website. Why recap the company? Who owns Valutrades now? And what will the money be used for?

joe-rundle-thinkmarketsJoe Rundle lands at ThinkMarkets as Director of TradingLeapRate Exclusive… LeapRate has learned that longtime ETX Capital executive Joe Rundle has joined FCA regulated online broker ThinkMarkets as its new Director of Trading. LeapRate had exclusively reported back in early July that Rundle had left ETX after being with the firm for more than 12 years. We then reported in mid August that, after a brief garden leave, Rundle had joined retail forex broker GKFX as its new Managing Director, replacing former Alpari executive Jacob Plattner in the role. So what led Joe from ETX to GKFX and then to ThinkMarkets? We speak directly with Joe…

Exness announces FCA license and launches plans to expand in Europe.

Plus500 revenues fall 14% QoQ but YoY growth continues in first half 2016.

Exclusive: Saxo Bank to launch complete online bond trading solution.

CMC Markets shares dive 12% after negative comments in quarterly Trading Update.

Online marketers scrambling Thursday as Google Analytics’ real-time functionality remains down.

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