The folks at Shift Forex could not have timed their inaugural FXIC Shanghai conference and expo any better. Investing-in-China fever is at high pitch right now, evidenced by a four year high being hit on Monday at the Shanghai Stock Exchange. The benchmark Shanghai Composite Index crossed the 3,000 level for the first time since April…
Read moreA brief correction to an article we posted last week re payments company Safecharge (LON:SCH). We reported, based on a filing made with the London Stock Exchange, that investment house Henderson Global had sold its entire 5% stake in Safecharge. Following discussion with the company, we would like to correct that Henderson did sell some…
Read moreLeapRate has learned, via filings made with the US Securities and Exchange Commission (SEC), that one of Gain Capital's first and still largest investors has disposed of its entire stake in the company. Edison Ventures, a New Jersey-based VC firm, owned 5.41 million Gain Capital (NYSE:GCAP) shares worth about $44.6 million, or about 13.5% of…
Read moreInteresting interview today in Israeli business website Globes with CFD broker Plus500 co-founder and Managing Director Alon Gonen. Plus500 is arguably one of the most successful forex startups from Retail Forex's golden age of new firm creation in the late 2000's, having successfully gone public on the London Stock Exchange (LON:PLUS) with a market cap…
Read moreThrough filings made with the London Stock Exchange, LeapRate has learned that former London Capital Group (LON:LCG) CEO Simon Denham has sold most of his remaining stake in the company. Earlier this week Mr. Denham sold exactly 4 million LCG shares for about £1.36 million ($2.1 million), leaving him with just under 2.4 million remaining…
Read moreWell a good old fashioned shootout is taking place for control of the GFI Group, an interdealer derivatives broker serving banks and other financial institutions from around the world. First, the CME Group made an offer to buy the 83% of GFI it didn't already own for $4.55 per share back in July. That bid…
Read moreAfter a six week delay, ASIC regulated online Forex and CFD broker DMM FX Australia (DMM FX) announced that it is reinstating 200% and 400% payout ratios on its binary options trading platform. Back at the end of October DMM had stated that it was experiencing some technical issues with its binary platform, and was therefore…
Read moreHong Kong based retail forex broker KVB Kunlun saw an absolutely wild week in trading of its shares on the Hong Kong Exchange (HKG:8077), as investors tried to figure out the eventual outcome of an announced takeover bid for KVB. KVB's shares moved at least 10% each and every trading day last week, in different…
Read moreWe're pleased to repost a recent blog by Optimove's Pini Yakuel entitled Ever-increasing Personalization. The full blog post follows, but you can also see the original on Optimove's website. Quick word on Optimove - Optimove’s core technology is based on an innovative algorithmic approach to deep customer analytics, which reliably predicts which marketing actions will be the…
Read moreLeapRate Exclusive... LeapRate has learned, in discussions with various retail forex brokers in different locations around the globe, that November FX trading volumes will be somewhat lower than the record / near-record volumes reported by many in the industry during September and October. After two months of near nonstop volatility, the industry standard EURUSD has…
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