LeapRate Exclusive... It is good to be in demand. LeapRate has learned that Simon Bird has joined the board of FCA regulated Monecor (London) Limited. Monecor is the parent company of London-based spreadbetting and CFDs broker ETX Capital. We had just reported earlier today that Simon Bird was named as Non Executive Chairman of one-time…
Read more
LeapRate Exclusive… LeapRate has learned that Ikon Finance Limited, the FCA regulated arm of the global Ikon Group, has named Simon Bird as its Non Executive Chairman. LeapRate had exclusively reported in November that Mr. Bird was making a comeback of sorts to the FX industry, as he was set to join the board of Ikon…
Read more
Shares of global FX brokerage house Gain Capital Holdings Inc (NYSE:GCAP) are soaring by more than 25% today after a bullish report issued by a lightly read 'special situations' analyst named Richard Pearson seems to have lit a spark among investors. Not surprisingly, the spark is cryptocurrency trading. GAIN Capital, parent company of the global…
Read more
New York based FX brokerage group Gain Capital Holdings Inc (NYSE:GCAP), which operates the UK-centric City Index as well as the global FOREX.com brands, has issued a statement in response to European regulator ESMA's plans to limit leverage on FX and CFD trading to 30x. Similar to the reaction of its London-based competitor IG Group…
Read more
Global FX brokerage group Gain Capital Holdings Inc (NYSE:GCAP) has announced the launch of Bitcoin trading on City Index, its FCA regulated service in the UK. Glenn Stevens, Chief Executive Officer of GAIN Capital stated: Cryptocurrencies are one of the most exciting trends shaping today's markets. We are pleased to provide our clients with the ability to trade Bitcoin through an established,…
Read more
LeapRate Exclusive... LeapRate has learned that Simon Bird, who was COO of spreadbetting broker City Index for six years ahead of City Index's 2015 acquisition by Gain Capital Holdings Inc (NYSE:GCAP), is "back in the game" joining the board of Ikon Finance Limited, the FCA regulated arm of the global Ikon Group, once one of the…
Read more
LeapRate Exclusive... LeapRate has learned from industry sources that there have been a number of (additional) changes on the board of directors of Monecor (London) Limited, which operates FCA regulated online trading brokerage ETX Capital. Two of the company's non-executive directors, Mark Preston and Claire Hafner, have resigned. Mark Preston is the former Chairman and…
Read more
Research outfit Investment Trends has issued its 2017 CFD Report for its home market of Australia, noting some changes in market share among the leading brokers serving Australian retail traders. According to the Investment Trends report, UK online trading leader IG Group Holdings plc (LON:IGG) remains the dominant leader down under as well, with 35% of…
Read more
LeapRate Exclusive... LeapRate has learned that FX industry sales veteran Ross Donoghue has joined the FCA regulated UK arm of Australia based Retail FX broker AxiTrader. Based in London, Ross Donoghue had most recently been with ADS Securities in their London office, and was responsible for launching the launching the retail side of the business…
Read more
LeapRate Exclusive... LeapRate has learned that Gain Capital Holdings Inc (NYSE:GCAP) is preparing the launch of a new affiliate program, using third party affiliate software from Income Access. Montreal-based Income Access was acquired last year by payment systems provider Paysafe Group Plc (LON:PAYS) for $30 million. The new program will include affiliates of all of…
Read more