LeapRate Staff
LeapRate Analyst
Nuvei completes acquisition of SafeCharge for US $889m
September 13, 2018 BY LeapRate Staff

SafeCharge's intended new Chairman resigns, search on for replacement

After reporting record results for the first half of 2018 earlier today, payments services and technologies provider SafeCharge International Group Ltd (LON:SCH) has announced that there has been something of a hiccup in the company's planned succession on its Board of Directors. Back in May SafeCharge announced that the Chairman of the company’s Board of Directors, Roger…

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September 13, 2018 BY LeapRate Staff

Exclusive: IS Prime sees surge in business from Cyprus Forex brokers following CySEC negative balance ruling

LeapRate Exclusive... LeapRate has learned that London based FX liquidity and prime brokerage services provider IS Prime has become a prime (no pun intended) beneficiary of the new ESMA Negative Balance Protection rules, with the company experiencing a surge in business from Cyprus based clients following regulator CySEC's ruling on both 125k (i.e. matched principal) and 730k…

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Pepperstone office
September 13, 2018 BY LeapRate Staff

CHAMP Private Equity exits Retail FX broker Pepperstone investment

Australia based private equity manager CHAMP Private Equity has announced that its CHAMP IV Funds have entered into an agreement to exit its investment in Pepperstone, one of the largest Australia based Retail FX brokerage groups. CHAMP had first invested in Pepperstone in 2016. Going forward the business will be owned by Pepperstone’s founders, and its…

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luxembourg axxion
September 13, 2018 BY LeapRate Staff

Exclusive: Luxembourg private label fund manager Axxion takes 5% position in Plus500

LeapRate Exclusive... LeapRate has learned via regulatory filings that Luxembourg based private label fund manager Axxion S.A. has built up a 5% ownership position in FCA regulated Retail CFD broker Plus500 Ltd (LON:PLUS). The stake, totaling 5,808,270 Plus500 shares, are worth about £82.3 million (USD $107 million) and represent 5.1% of Plus500's outstanding shares. The move…

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CFI ECB-logo
September 12, 2018 BY LeapRate Staff

When will ECB increase the Interest Rate and the value of Euro?

The following article was written by Reem Aboul Hosn, Research and Market Analyst Officer at Credit Financier Invest (CFI) Ltd. After three years of asset purchases, negative Interest Rates and cheap loans, the European Central Bank could ease inflation in the euro area back on track. 2019 is the time to gradually slow down those…

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Ergin Erdemir ATFX
September 12, 2018 BY LeapRate Staff

Exclusive: ATFX UK hires Ergin Erdemir as Head of Marketing

LeapRate Exclusive... LeapRate has learned that global forex brokerage ATFX, which has made a number of senior hires recently in several locations around the globe, has hired former GKFX executive Ergin Erdemir to join the company's FCA regulated arm in London ATFX UK (or formally  AT Global Markets UK Limited) as Head of Marketing. As noted…

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IronFX Offshore Racing Congress
September 12, 2018 BY LeapRate Staff

IronFX sponsors 2018 Offshore Racing Congress (ORC) European Championship

Retail FX group IronFX has announced that it will be sponsoring the 2018 ORC European Championship, which will take place in Limassol, Cyprus, between September 8th and 15th, 2018. As part of the company’s long established Corporate Social Responsibility (CSR) program, IronFX announces their latest partnership with the Offshore Racing Congress (ORC) and the 2018…

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