IS Prime’s Will Robbins on FX liquidity, China’s Forex crackdown, ESMA’s leverage cap and more LeapRate

April 10, 2018 BY LeapRate Staff

IS Prime's Will Robbins on FX liquidity, China's Forex crackdown, ESMA's leverage cap and more

LeapRate Exclusive Interview... One of the more interesting companies to step up lately in the FX liquidity and Prime Broker services business is IS Prime. From acquiring the assets of risk management services provider ThinkLiquidity to tripling its Revenues to more than $21 million last year to adding people (especially in the Far East), IS…

April 09, 2018 BY LeapRate Staff

Exclusive: UK spreadbetting broker Core Spreads posts loss in 2017 as company grows internationally

LeapRate Exclusive... LeapRate has learned that Finsa Europe Ltd, which operates the Core Spreads financial spreadbetting and CFDs brand, has posted a net loss of £135,000 for 2017 (year ended November 30) versus a net profit of £147,000 in 2016. The loss came as Core Spreads grew Revenues from £8.0 million in 2016 to £11.4…

April 09, 2018 BY LeapRate Staff

Exclusive: Binary Options exec Mickey Winitsky replaces Itay Gissin as CEO of Investing.com

LeapRate Exclusive... LeapRate has learned that popular financial news site Investing.com has appointed Mickey Winitsky as its new CEO. Mickey Winitsky is replacing Itay Gissin, who was brought in by Investing.com founder Dror Efrat in 2014 to take over some of the key senior management responsibilities. Mr. Efrat remains active with the company. Mickey Winitsky is…

April 04, 2018 BY LeapRate Staff

Exclusive: Des Grech replaces Stephen Williams as CEO of Playtech's TradeTech Alpha

LeapRate Exclusive... LeapRate has learned that online gaming and financial trading company Playtech PLC (LON:PTEC) is continuing to reshape the management team at its financial division TradeTech Group. Most recently, Playtech has replaced the CEO at its FCA regulated arm TradeTech Alpha Limited. Leaving the company is Stephen Williams, CEO of TradeTech Alpha since the company's…

April 04, 2018 BY LeapRate Staff

Exclusive: Saxo Bank's Christian Hammer on its new trading platform SaxoTraderPRO

LeapRate Exclusive Interview... Leading multi asset broker Saxo Bank announced earlier today its latest platform innovation with the release of SaxoTraderPRO, aimed at the active trader and institutional client. But how is SaxoTraderPRO different from Saxo Bank's previous platforms? What will it be replacing? How might ESMA's leverage cap cuts affect Saxo Bank's plans? We thought…

April 03, 2018 BY LeapRate Staff

Exclusive: Brian Myers resigns as CEO of FX broker GKFX

LeapRate Exclusive... LeapRate has learned that Brian Myers (pictured above) has resigned his position as CEO of FCA regulated Retail FX broker GKFX Financial Services Limited. In the interim, GKFX CFO Rod Martenstyn will assume the position of Chief Executive Officer, pending regulatory approval, with immediate effect. Brian Myers joined GKFX as CEO in late 2016…

April 03, 2018 BY LeapRate Staff

Remonda Kirketerp-Møller on returning to CFH, FX liquidity, and more

LeapRate Exclusive Interview... Continuing our series of interviews with some of the leading personalities in the FX world, we are pleased to speak today with Remonda Kirketerp-Møller. If the name doesn't ring a bell, her resume certainly should. Remonda joined Saxo Bank in 2003 and played a key role in developing the Legal and Compliance Department…

March 29, 2018 BY LeapRate Staff

Exclusive: GMO’s Z.com Trade triples Revenues in 2017 as UK business launch takes off

LeapRate Exclusive... LeapRate has learned via regulatory filings that GMO-Z.com Trade UK Limited, the FCA regulated arm of Japan Retail FX giant GMO Internet Inc. (TYO: 9449), has more than tripled its Revenues in its first full year of operation in the UK. Still small by UK and its own standards as business still ramps up,…

March 29, 2018 BY LeapRate Staff

Exclusive: Forex broker PhillipCapital UK sees Revenues fall 14% in 2017

LeapRate Exclusive… LeapRate has learned via regulatory filings made in the UK and Singapore that PhillipCapital UK Ltd, which operates the FCA regulated FX and CFD brokerage which goes by the same name, has seen a significant drop in activity for the second year in a row in Fiscal 2017. (The company has a June 30 year…

March 23, 2018 BY LeapRate Staff

Exclusive: Joe Rundle leaves ThinkMarkets to become Markets.com CEO

LeapRate Exclusive... LeapRate has learned that longtime Retail FX executive Joe Rundle has left his position as Director of Trading and Partnerships at ThinkMarkets, and joined Markets.com as its new CEO. Markets.com is the Retail FX brand name of CySEC licensed Safecap Investments Ltd., owned ultimately by Playtech PLC (LON:PTEC). Joe Rundle has been in the…

Category: Exclusive