LeapRate Exclusive... New Pepperstone CEO Tamas Szabo continues to make his mark on the company, which - not surprisingly - is now including bringing in some of his former IG Australia colleagues, who helped Mr. Szabo grow London based IG Group Holdings plc (LON:IGG) into the leading online broker down under. LeapRate has learned that…
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LeapRate Exclusive... LeapRate has learned via regulatory filings that Tamas Szabo (pictured above) has stepped onto the board of Pepperstone Limited, the FCA regulated subsidiary of leading Australia based Retail FX broker Pepperstone, as Pepperstone begins to expand its operations in the UK and Europe. As was exclusively reported by LeapRate, last October Pepperstone hired…
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LeapRate Exclusive... LeapRate has learned that Australian Retail FX broker Blueberry Markets has added to its business development team, recruiting Ben Clay, a senior executive from Royal Financial Trading’s Australian operation. He had also spent seven years as a senior sales trader at AxiTrader. Ben Clay joins Dean Hyde and Tim Mansell as the latest high…
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LeapRate Exclusive... LeapRate has learned that FXCM Group has made some senior management changes, as the company continues to shift its operating focus to London, under FXCM CEO Brendan Callan. The primary change involves the promotion of longtime FXCM US employee Juan Cafe to the #2 position in the company. Mr. Cafe will be COO…
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LeapRate Exclusive... LeapRate has learned via regulatory filings that Hong Kong based Retail FX broker KVB Kunlun Financial Group Ltd (HKG:6877) is set to announce the raising of a HK$200 million (USD $26 million) investment, to be led by Chinese insurance and investment giant Ping An Insurance (Grp) Co of China Ltd (SHA:601318). We expect the company…
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LeapRate Exclusive... It looks like social FX and CFD trading is still alive and well. At least in some circles. LeapRate has learned that FCA regulated Tradeslide Trading Tech Ltd, which operates social trading broker and investment manager Darwinex, has continued to grow in 2017 with Revenues for the year ended June 30, 2017 more than…
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LeapRate Exclusive... LeapRate has learned that FX brokerage group Gain Capital Holdings Inc (NYSE:GCAP) has added one of the most connected people in the London electronic trading scene to its board of directors - Mark Richards (pictured above), the CEO of IPGL Limited. IPGL is the private holding company of Michael Spencer, founder and CEO of NEX…
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LeapRate Exclusive... LeapRate has learned via court filings made in Israel (see source below) that the country's highest court has rejected an appeal made against the new Binary Options ban legislation. As such, Israel's Binary Options ban law takes effect today, January 23, 2018, as planned. All Binary Options activity, from offering binary trades to…
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LeapRate Exclusive... LeapRate has learned that the unnamed 'mystery' investor which agreed to put up to $100 million into Cyprus based retail FX broker IronFX is Singapore based regulated investment fund Torch Investment Management Pte Limited. IronFX announced in August that it had arranged a $100 million investment from a 'major family office investment outfit'. We reported…
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LeapRate Exclusive... LeapRate has learned that institutional FX broker Global Market Index (or 'GMI') has hired former Exness executive John Taylor as COO of its FCA regulated UK operation, Global Market Index Limited. John Taylor served as CFO of Exness for the past three years, and helped spearhead the launch of Exness' UK operation and FCA…
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