Tag: TechFinancials Inc (LON:TECH)

February 08, 2017 BY LeapRate Staff

TechFinancials loses largest Binary Options client 24option, shares plunge 30%

Shares of binary options platform provider TechFinancials Inc (LON:TECH) plunged by more than 30% on Tuesday, after the company disclosed that it was going to lose its largest client, binary options broker 24option.com. The decline triggered two successive 5-minute Price Monitoring Extension periods in London Stock Exchange trading in the stock. A Price Monitoring Extension is activated…

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November 30, 2016 BY LeapRate Staff

What are the key elements of a successful Affiliate solution?

Most of the technological advances people see in the online trading sector occur in the Trading Platform. However, since it has always been Affiliates which have driven growth in the online trading sector, especially as the industry expands into new markets such as the Far East and Latin America, the technology empowering Affiliates has kept pace…

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TechFinancials converts loan into Footies
November 28, 2016 BY LeapRate Staff

TechFinancials receives $1 million payout from binary options JV DragonFinancials

Binary options platform provider and operator TechFinancials Inc (LON:TECH) has announced that it has received a $1 million dividend payout from its DragonFinancials joint venture subsidiary. We had reported in September, when TechFinancials announced its (surprisingly good) first half financial results, that the company had established DragonFinancials Limited, a partnership with the owners of Optionfortune Trade Limited,…

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November 23, 2016 BY LeapRate Staff

TechFinancials provides rosy trading update with 2016 results ahead of expectations

Binary options platform provider and operator TechFinancials Inc (LON:TECH) issued a Trading Update on its 2016 financial results, which seemed to indicate that things are going well at the company. TechFinancials, whose primary business is selling Binary Options platforms but also operates its own binary options brand OptionFair, stated that trading in H2 2016 has been consistent…

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October 14, 2016 BY LeapRate Staff

Bjorn Krog Andersen named Chairman of new Binary Options industry association EUBOA - LeapRate Exclusive

LeapRate Exclusive... LeapRate has learned that the newly formed European Brokers Association (EUBOA) has named Bjorn Krog Andersen (pictured at left) as the Chairman of the association. Mr. Andersen was Senior Vice President, Legal and Compliance at Saxo Bank for the past six years, before leaving the Denmark-based multi-asset broker about six months ago. He joined Saxo Bank…

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September 28, 2016 BY LeapRate Staff

TechFinancials COO Jeremy Lange on results, the binary options sector, new Association, and more...

LeapRate Exclusive Interview... Our report on first half 2016 results out of binary options platform provider and operator TechFinancials Inc (LON:TECH) caught some of our readers by surprise. While it was heavily rumored in the industry that TechFinancials was considering 'options' for its flagging OptionFair binary option brand, which had been a drag on results…

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September 18, 2016 BY LeapRate Staff

Forex Industry Week Review: FXCM moves to NASDAQ, FxPro's new logo, TechFinancials record results, and lots more…

Lots of changes afoot in LeapRate's Forex Industry News this past week. Logo changes, stock listing changes... Our most popular guest posts this week were: How to interpret the probability of a Fed rate hike? courtesy of LCG Senior Market Analyst Ipek Ozkardeskaya The flaws in social trading, by Leverate's Yael Warman Some of our most popular, shared…

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