Category: Exclusive

May 24, 2017 BY LeapRate Staff

Exclusive: Khaldoun Sharaiha jumps from ADS Securities to Divisa Capital's new retail FX arm Equiti.com

LeapRate Exclusive... LeapRate has learned that veteran retail FX executive Khaldoun Sharaiha has become the latest ADS Securities employee to join Equiti.com, the new Retail Forex arm of FX liquidity and prime brokerage solutions provider Divisa Capital. Mr. Sharaiha was Co-Head of Retail Sales at ADS Securities, and will have a similar title at Equiti.com.…

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May 24, 2017 BY LeapRate Staff

Exclusive: IS Prime returns £3 million to shareholder ISAM in return of capital

LeapRate Exclusive... LeapRate has learned from industry sources that FX liquidity and prime brokerage services provider IS Prime has returned £3 million in capital to its major shareholder, International Standard Asset Management (ISAM). FCA regulated IS Prime is controlled by ISAM, an alternative asset manager which specializes in quantitative investing. ISAM set up IS Prime…

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May 24, 2017 BY LeapRate Staff

Exclusive: Pepperstone becomes latest forex broker to add Tradency's RoboX algo trading

LeapRate Exclusive... LeapRate has learned that Pepperstone, one of Australia's leading retail forex brokers, has expanded its social and auto trading offering by adding RoboX from Tradency. We had reported that Pepperstone recently launched Tradency’s other main product, its MirrorTrader forex auto trading platform. Apparently the company decided to expand its agreement with Tradency, adding its…

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GCM Prime screenshot
May 23, 2017 BY LeapRate Staff

Exclusive: GCM Prime names Levy Benarroch as COO

LeapRate Exclusive... LeapRate has learned via regulatory filings that FCA regulated Forex and CFD brokerage GCM Prime Ltd has named Levy Benarroch as its COO. Mr. Benarroch has also been added to the company's board. Levy Benarroch joined GCM Prime via its acquisition late last year of CMS UK / CapMarFX, where he was Compliance Officer. Prior…

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May 23, 2017 BY LeapRate Staff

ThinkMarkets acquires FX trading mobile app Trade Interceptor

LeapRate has learned that FCA regulated retail FX and CFD broker ThinkMarkets has acquired Trade Interceptor, an increasingly popular trading analysis mobile app developed by Sofia, Bulgaria based software company Riflexo. Details such as amount paid by ThinkMarkets are not available. We expect the companies to make an announcement shortly. Through the acquisition, ThinkMarkets will…

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Shimon Citron
May 21, 2017 BY LeapRate Staff

Binary options broker EZTrader CEO Shimon Citron ousted in dispute with Chairman Gustavo Perrotta

LeapRate Exclusive... LeapRate has learned via regulatory filings that EZTrader founder and long-time CEO Shimon Citron has resigned from the company's publicly traded parent EZTD Inc (OTCMKTS:EZTD), following a several months long dispute with some of the company's board members and investors. Pursuant to the company’s bylaws, due to Mr. Citron’s resignation the entire Board…

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May 19, 2017 BY LeapRate Staff

Finotec reports another slow year: Revenues £1.26 million, Profit £211,000

LeapRate Exclusive... LeapRate has learned via regulatory filings that FCA regulated FX liquidity and technology solutions provider Finotec has reported Revenues of £1.26 million and Net Profit of £211,000 in 2016. While an improvement over 2015 (Revenues £1.1 million, Net Loss £158,000), activity remained very slow in 2016 at one of the original players in Retail Forex. Finotec…

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