LeapRate Exclusive Interview... We're pleased to speak today with Barry Flanigan, Head of Electronic Trading Solutions at IS Prime, to find out more about his views on the issues facing Retail FX brokers, and of course what's going on with IS Prime. LR: Hi Barry, and thanks so much for joining us today. First off,…
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FCA regulated FX prime brokerage Stater Global Markets has announced that it has hired Mark Chesterman, former COO of the IG Institutional division of IG Group Holdings plc (LON:IGG). He has joined Stater Global Markets in a newly created COO role. Stater Global Markets offers institutional clients direct access to Tier 1 bank and non-bank liquidity, clearing and institutional…
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LeapRate Exclusive... LeapRate has learned that FCA regulated FX prime broker Price Markets UK Ltd has hired experienced FX industry executive David Hastings as its new Managing Director. In his new role, Mr. Hastings will report to Price Markets co-founder and CEO Alex Talei. David Hastings was most recently an FX consultant, providing consultancy covering…
Read moreLeapRate Exclusive Interview... One of the more interesting companies to step up lately in the FX liquidity and Prime Broker services business is IS Prime. From acquiring the assets of risk management services provider ThinkLiquidity to tripling its Revenues to more than $21 million last year to adding people (especially in the Far East), IS…
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FCA-regulated multi-asset prime-broker Otkritie Capital International Ltd (OCIL), which has offices in London and Moscow, has announced that after receiving all the necessary legal and regulatory approvals, full legal ownership and control of the company has now fully transferred to the new owner, Despacio Associates Ltd, a wholly owned subsidiary of the “Concern ROSSIUM” group.…
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Copenhagen based multi asset broker Saxo Bank has announced a new capability in its FX Prime offering, catering for institutional clients. Running on dedicated infrastructure through Saxo Bank’s DMA liquidity hubs in London and New York, full amount execution ensures a better trade experience and lower market impact for large orders in FX and precious metals.…
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Equiti Group, the parent company of prime brokerage provider Divisa Capital and Retail FX arm Equiti Global Markets (Equiti.com) has announced the appointment of Gregor Schnuppe as Group Chief Financial Officer (CFO). Equiti Group also stated that the company has plans to expand into the multi-asset retail brokerage space and potentially move into new markets.…
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LeapRate has learned that AFX Group's FX prime brokerage unit Quantic Prime formally launched on November 1, 2017, with website quantic-prime.com now online. Quantic Prime is the institutional arm of AFX Group and a joint venture between the AFX and iBanFirst, an expert in banking and physical FX payments licensed by the Bank of Belgium as…
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LeapRate Exclusive... LeapRate has learned that FCA regulated FX and CFDs broker Walbrook Capital Markets Limited has been renamed ITI Capital Limited. Beyond its formal company name, the company's operating brand has also been changed, from Walbrook Capital to ITI Capital. However, at least for the time being, the broker's website url remains at walbrookcapitalmarkets.com.…
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Multi asset prime broker and FX liquidity provider Divisa Capital has reported Fiscal 2017 (March 31 year end) financials for its FCA regulated arm Divisa UK Limited, indicating healthy growth for the company as it prepares for a much bigger growth spurt following Divisa's $100 million capital raise made toward the end of the fiscal…
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