Exclusive: FX broker GKFX raises additional £12 million from shareholders to fund retail and institutional growth LeapRate

July 06, 2017 BY LeapRate Staff

Exclusive: FX broker GKFX raises additional £12 million from shareholders to fund retail and institutional growth

LeapRate Exclusive... LeapRate has learned from sources close to the company that FCA regulated forex and CFDs broker GKFX has raised an additional £12 million (USD $15.5 million), to help fund the company's continued growth push in both the Retail and Institutional FX sectors. The current fundraising, injected into the company by controlling shareholder Kasim Garipoglu…

July 05, 2017 BY LeapRate Staff

Exclusive: 888.com laying off dozens in Israel after William Hill closes local operation

LeapRate Exclusive… LeapRate has learned from sources in Israel that online gaming and casino company 888 Holdings Public Limited Company (LON:888) is in process of laying off several dozen employees in the country. 888's moves come shortly after we exclusively reported that UK based William Hill plc (LON:WMH) will be shutting its operation in Israel,…

July 04, 2017 BY LeapRate Staff

Exclusive: GKFX hires PhillipCapital and CMC Markets veteran George Sassoon as Head of Sales

LeapRate Exclusive... LeapRate has learned that FCA regulated Retail Forex and CFDs broker GKFX has made another addition to its senior management group, hiring George Sassoon as Head of Sales UK. George Sassoon joins GKFX after serving for two as Director of Sales - Europe in the London office of Singapore based broker PhillipCapital, helping PhillipCapital launch…

July 03, 2017 BY LeapRate Staff

Exclusive: Turkey bans all accounts and trading with foreign Retail FX brokers

LeapRate Exclusive... LeapRate has learned that the Turkish government is issuing new regulations, which will make it illegal for Turkish residents to hold accounts or trade leveraged Forex or CFD products with foreign brokers not licensed by the country's Capital Markets Board (CMB). Turkey has been slowly tightening the screws when it comes to leveraged…

June 30, 2017 BY LeapRate Staff

Goldman Sachs now down to below 3% holding in CMC Markets

LeapRate Exclusive... Further to our exclusive report earlier in the week that longtime CMC Markets Plc (LON:CMCX) shareholder, New York based investment bank Goldman Sachs Group Inc (NYSE:GS), had decided to sell down its stake in CMC Markets, LeapRate has learned that Goldman has indeed continued to sell, now down to below the 3% reporting threshold…

June 30, 2017 BY LeapRate Staff

Exclusive: ADS Securities replaces Louisa Kwok with Paul Webb to head FX Prime-of-Prime

LeapRate Exclusive... LeapRate has learned that Abu Dhabi based international financial services firm ADS Securities has made some more changes to its institutional FX organization. Lousia Kwok, who joined ADS Securities from Paribas just over a year ago to act as Head of Prime Brokerage Sales and Product has left the company. Her role has been…

June 28, 2017 BY LeapRate Staff

Exclusive: Anyoption ceases Binary Options activity to focus on FX and CFDs

LeapRate Exclusive... LeapRate has learned that CySEC regulated binary options broker Anyoption is, well, on its way to no longer being a binary broker. Sources inform LeapRate that the company has apparently taken the strategic decision to abandon binary options, in favour of building out its offering of FX pair and CFD trading. The company…

June 26, 2017 BY LeapRate Staff

Exclusive: Goldman Sachs selling its stake in FX broker CMC Markets after recent share runup

LeapRate Exclusive... LeapRate has learned via regulatory filings that global investment bank Goldman Sachs Group Inc (NYSE:GS) has been steadily selling down its stake in UK based online FX and spread betting broker CMC Markets Plc (LON:CMCX) over the past few weeks. Goldman Sachs has been a long term investor in CMC Markets, and in fact was…

June 26, 2017 BY LeapRate Staff

William Hill shutting its online operations in Israel, laying off more than 200

LeapRate Exclusive... LeapRate has learned from sources in Israel that online gaming giant William Hill plc (LON:WMH) will be shutting its operation in Israel. More than 200 of the company's approximately 250 Tel Aviv based employees will be laid off, and the company's offices at the Azrieli Towers (pictured above) will be vacated. A small number…

June 23, 2017 BY LeapRate Staff

Exclusive: Pepperstone swaps Phil Horner for Mohammed Tayeb on Board ahead of UK FX relaunch

LeapRate Exclusive... LeapRate has learned that Australia based retail forex broker Pepperstone has accepted the resignation of UK director Mohammed Tayeb, replacing him on the board of Pepperstone Limited with the company's Melbourne, Australia based CEO APAC, Phil Horner. The move comes as Pepperstone is scrambling to renew activity in its FCA regulated UK arm. LeapRate…

Category: Exclusive

Exclusive: FX broker GKFX raises additional £12 million from shareholders to fund retail and institutional growth

Exclusive: 888.com laying off dozens in Israel after William Hill closes local operation

Exclusive: GKFX hires PhillipCapital and CMC Markets veteran George Sassoon as Head of Sales

Exclusive: Turkey bans all accounts and trading with foreign Retail FX brokers

Goldman Sachs now down to below 3% holding in CMC Markets

Exclusive: ADS Securities replaces Louisa Kwok with Paul Webb to head FX Prime-of-Prime

Exclusive: Anyoption ceases Binary Options activity to focus on FX and CFDs

Exclusive: Goldman Sachs selling its stake in FX broker CMC Markets after recent share runup

William Hill shutting its online operations in Israel, laying off more than 200

Exclusive: Pepperstone swaps Phil Horner for Mohammed Tayeb on Board ahead of UK FX relaunch

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