Forex and CFDs broker BDSwiss has announced that the group is now venturing to Asia, with new Swiss Markets offices in Malaysia. Part of the BDSwiss Group, Swiss Markets was founded with the goal of creating an ideal environment within which its clients could enjoy secure, transparent and reliable STP trading. Swiss Markets Director of…
Read more
Invast Securities Co. Ltd, a leading FX broker in Japan and a JASDAQ-listed entity, has announced that their Australian-based Board Director, Mr. Gavin White, has been promoted to Global Head of Strategic Relationships for Invast. This is another strong indication that the subsidiary run by Mr. White, Invast Global, is growing strongly and achieving successes…
Read more
It is rare that a company reports a 43% quarterly drop in Revenues, but you could still call that quarter a successful and strong one. Well that seems to be the case with Plus500's Q2 results. After surprising the markets (and anyone else who follows the FX industry) with an absolutely astounding Q1 which saw…
Read more
The following article was written by ATFX Chief Analyst of Asia Pacific, Martin Lam. US CPL performance rose moderately in July, although the core CPl remained unchanged in July, but it means that the US economic growth in the second quarter will continue, which will help boost the economic growth forecast for the third quarter,…
Read more
The usually slow summer months of forex industry news were certainly spiced up this past week, with Mergers & Acquisitions headlining the parade. How much did Swissquote pay for online 'expat' broker Internaxx? Why did AxiCorp buy FCA regulated One Financial? There was also more with LeapRate exclusively reporting on a number of executive moves,…
Read more
Abu Dhabi based financial services firm ADSS has announced the appointment of Ashraf Elgarf as Head of Sales Trading for its UK business, based at the company’s London office. Ashraf Elgarf has over 15 years of experience in multi-asset sales and is recognised as a specialist in trading execution. He joined ADSS to set up a…
Read more
Cyprus financial regulator CySEC, in apparent response to an increase in CIF license applications from FCA regulated firms, has issued a notice that any firm wishing to ensure its application has time to work its way through the system before a possible 'Hard Brexit' in March 2019 needs to have its paperwork completed and submitted…
Read more
CySEC licensed online trading platform Libertex has announced that it has added 11 new contracts for difference (CFDs). Now one can trade major exchange-traded funds (ETF) and the dollar index USDX using Libertex's trading platform. The contracts for the following ETFs are available in Libertex: SPDR S&P 500 ETF Trust iShares Latin America 40 ETF…
Read more
LeapRate Exclusive... LeapRate has learned that FCA regulated FX prime broker Price Markets UK Ltd has hired experienced FX industry executive Ed Anderson as its new Head of Business Operations. The move actually marks something of a homecoming for Mr. Anderson, who was previously with Price Markets (when the company was associated with LCG) from 2013-2014,…
Read more
LeapRate Exclusive... LeapRate has learned that global Retail FX brokerage Blackwell Global successfully upgraded the FCA license of its UK arm Blackwell Global Investments (UK) Limited, to a full-scope "IFPRU €730k" license. The new license became effective as of August 1. Blackwell Global UK's previous license, received in early 2016 as was also exclusively reported…
Read more