Shift Forex makes the big announcement about a London presence in advance of its FXIC New York conference Friday.
Read moreThe fight brewing between leading foreign and domestic Australia CFD and FX brokers has less to do with client protection, and more to do with protecting market position.
Read moreSolution can immediately highlight any discrepancies that occur helping CMC Markets to minimize operational risk and benefit from real-time financial certainty Gresham Computing plc today announced that CMC Markets, one of the leading providers of financial spread betting and CFD trading, is implementing Gresham's Clareti Transaction Control solution (CTC) to automate the reconciliation of cash…
Read moreBut it appears that revenues were down (again) at CMC, after a 21% revenue drop last year. CMC Markets founder Peter Cruddas, who re-took the reigns as CEO in early 2013, has overseen a nice overhaul of the business and its return to profitability, but is still facing falling revenues. UK spreadbetting and forex brokerage…
Read moreThe move away from fixed physical infrastructure is being furthered by British FX, CFD and spread betting company CMC Markets with inception of FX liquidity aggregation on the cloud Liquidity management and software solutions provider smartTrade Technologies has today announced that CMC Markets has selected the firm's LiquidityFX solution for FX and precious metal asset…
Read moreIG's reorg continues; Jones was one of the more influential London financial research voices for the past decade. LeapRate Exclusive.... LeapRate has learned that longtime Chief Market Strategist David Jones has left UK spreadbetting firm IG (LON:IGG), to take a 'bit of a break', according to his personal website and Twitter feed. Jones stopped writing…
Read moreCMC fiscal 2013 results show a 21% drop in revenue, as the scandal revolving around CEO Peter Cruddas took its toll. Leading UK online broker CMC Markets has released its fiscal 2013 results (year-end March 31), alongside some interesting comments and admissions made by CMC Founder and CEO Peter Cruddas. Cruddas re-took the reigns as…
Read moreIG Group hires Declan Bourke, former Head of UK at CMC Markets. LeapRate has learned that UK spreadbetting giant IG Group has opened an office in Dublin, Ireland. After IG's competitor CMC Markets closed down their Ireland office last year, IG Group took the opportunity to hire CMC's Ireland country manager Declan Bourke to open…
Read moreFSA unable to sell WorldSpreads, will return cash to clients.
Read moreFSA and KPMG have teams in on the weekend.
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