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Gerald Segal Founder and CEO Gerald spent more than 18 years as an investment banker before founding LeapRate. Most of Gerald’s career was spent at Merrill Lynch, where Gerald was part of the Canada Corporate Finance team, and at Bear Stearns, where he was Managing Director – Technology Investment Banking. He has also acted as…

LeapRate Exclusive! M&A Deal Report – LeapRate has learned that Finotec Group Inc. subsidiary Finotec Trading UK Limited has agreed to sell certain retail clients and client assets outside the EU to AvaFX. As in other such transactions, such as the recent purchase of dbFX by Gain Capital, the Finotec clients need to agree to move their accounts…

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As July 15 approaches, US Forex firms and foreign banks continue to scramble for solutions. Saxo Bank and Citigroup announced yesterday that Saxo Bank will service all US clients through CitiFX Pro. This announcement comes amid a flurry of other similar notices, as firms doing business in the US prepare for the next phase in…