India police arrest two additional suspects for using India's Hawala system to transfer money from Crown Credit to TradeNext via Dubai.
Read moreThe police investigation following Jagjit Singh's arrest and the Chit Fund scam surrounding his Crown Credit now extends to possible investments made in TradeNext.
Read moreLeapRate has learned that Jagjit Singh (pictured at left), a co-owner and Director of FCA-regulated retail forex broker TradeNext, has been arrested in India on swindling charges surrounding another of his retail financial businesses called Crown Credit Cooperative Society. An article in The Times of India reported that Mr. Singh alongside seven other people were arrested and…
Read moreThe FCA-regulated retail forex broker has also laid off a large amount of staff in a major cost cutting initiative.
Read more“Our decision to reduce our USD/Rupee rate is as a result of increased volumes and greater volatility we have seen over recent weeks in the emerging markets, especially in India as the nation's economy continues to swing like a pendulum" - Mohsin Jameel, CEO, Tradenext
Read moreLondon-based Tradenext has stepped up its client onboarding procedure, with a focus on AML and KYC procedures. Could this be a reaction to the situation faced by Plus500?
Read moreAfter two and a half years at Tradenext, Larry Da Souza has resigned from his position as Director of Sales & Trading
Read moreMatthew Mumford, an FX industry figure with over 20 years experience spanning across roles at London Capital Group, Bloomberg, 360T and Tradebook, will be responsible for TradeNext's prime brokerage business
Read moreWinner of the ‘Best Financial Services Provider 2014’, TradeNext has built on the experience it has garnered from working in India and the emerging markets and has subsequently expanded its expertise to enhance its client offering.
Read moreMr. De Souza joins London-based TradeNext following twenty years in senior international FX sales
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