LeapRate Staff
LeapRate Analyst
Curex Group fx
September 06, 2018 BY LeapRate Staff

Curex Group hires Glen Sargeant for European Business Development

New York City-based institutional foreign exchange execution services and data analytics company Cürex Group has announced that Glen Sargeant has joined its ranks as Managing Director, European Business Development. Based in London, Glen Sargeant will be responsible for the development of customer relationships for Cürex throughout the UK and Europe. Glen Sargeant has 25 years of…

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Woodbridge Group of Companies LLC and former owner Robert H. Shapiro fined $1 billion
September 06, 2018 BY LeapRate Staff

Two Michigan men charged in day trading Ponzi scheme

The U.S. Securities and Exchange Commission (SEC) has announced that it has charged two Michigan men with fraud for their roles in a fake accounts scheme perpetrated by a phony day-trading firm, Nonko Trading. The SEC alleges that Jeffrey Goldman of West Bloomfield, Michigan, and Christopher Eikenberry of Birmingham, Michigan, participated in and profited from…

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admiral markets expo
September 06, 2018 BY LeapRate Staff

Admiral Markets expanding into deposits and loans with Credit Institution Licence application

Estonia based Retail FX and CFD brokerage group Admiral Markets AS has  announced that it has applied for a credit institution licence through the Estonian Financial Supervision Authority, which is currently processing the application. Admiral Markets said that it has made the application for a credit institution licence to support its core service offering -…

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Tickmill fx broker
September 06, 2018 BY LeapRate Staff

Exclusive: Tickmill UK monthly volumes hit $16 billion, Client Funds $8 million

LeapRate Exclusive... LeapRate has learned via regulatory filings that Tickmill UK Ltd, the FCA licensed arm of Estonian-controlled Retail FX brokerage group Tickmill, posted fairly impressive results during its first full year of operation. Tickmill UK received its FCA authorization in July 2016, and started trading activities in November 2016. The Tickmill group was established…

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playtech offices
September 05, 2018 BY LeapRate Staff

Plus500 investor Odey picks up 5% stake in Playtech

London based investment manager Odey Asset Management has made filings indicating that it has acquired a 5.02% stake in online gaming and financial trading company Playtech PLC (LON:PTEC). The interest of about 15.9 million Playtech shares (consisting of 6.7 million Playtech ordinary shares and 9.2 million CFDs on Playtech shares) is worth approximately £78.8 million (USD…

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exness fx volumes
September 05, 2018 BY LeapRate Staff

Exness FX volumes cool 3% in August 2018 to $332 billion

Following a record first half of the year which saw more than $2 trillion of client trading volumes booked, FCA and CySEC licensed Retail FX broker Exness has reported a fairly strong summer of FX trading volumes, with August's $331.9 billion on the heels of July's $343.5 billion. Although down from record volumes of $395 billion set in May 2018,…

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FXSpotStream forex volumes
September 05, 2018 BY LeapRate Staff

FXSpotStream sets FX volumes record in August 2018 at $652 billion

Multibank FX aggregation service FXSpotStream has reported figures indicating that August 2018 volumes were up slightly from July on an average daily volume basis, and due to having more trading days in August surpassed the company's previous best-ever month in terms of total trading volumes. Overall, FXSpotStream supported $652.4 billions of volumes in August, versus…

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St Vincent offshore forex
September 04, 2018 BY LeapRate Staff

Exclusive: FX broker Fullerton Markets leaves New Zealand for St. Vincent

LeapRate Exclusive... LeapRate has learned that New Zealand based Retail FX brokerage Fullerton Markets has gone (farther) offshore, transferring all business from its NZ entity Fullerton Markets Limited (FML) to a newly created entity in offshore jurisdiction Saint Vincent & the Grenadines, called Fullerton Markets International Limited (FMIL). Fullerton Markets has been one of the…

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roboforex office
September 03, 2018 BY LeapRate Staff

RoboForex raises leverage for Cryptocurrency trading up to 1:50

RoboForex, the Belize-based unit of the Retail FX brokerage group, has announced the increase of the leverage value for trading operations involving cryptocurrencies. Starting September 1st 2018, RoboForex clients will have an opportunity to trade cryptocurrencies with leverage up to 1:50. RoboForex stated that it is actively expanding the company’s services and improving trading conditions…

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Hantec Hayel Bashir
September 03, 2018 BY LeapRate Staff

Exclusive: Hantec Markets upgrades to FCA 730K license, opens Jordan office

LeapRate Exclusive... LeapRate has learned that FCA regulated Retail FX and CFDs broker Hantec Markets has taken two major steps in the company's continued development. First, in the UK, Hantec has upgraded its FCA license from a matched-principal license to a full-scope IFPRU €730k license. And, the Hantec group has received authorization from the Jordan Securities…

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