Category: Brokers

Board of Directors
March 22, 2017 BY LeapRate Staff

FXCM cuts Board to seven with departures of Eric LeGoff and Jim Brown

The departures at retail forex broker FXCM and its newly-named parent company Global Brokerage Inc (NASDAQ:GLBR) aren't limited to just the management ranks. The company has announced that two outside directors, Eric LeGoff, and James G. (Jim) Brown, would be stepping down from the Global Brokerage board, without replacements planned. Following the departures of LeGoff and Brown,…

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March 21, 2017 BY Valentina Kirilova

ThinkMarkets launches Greek-language services

ThinkMarkets, a global multi asset brokerage, just announced that has extended its European reach through the launch of its Greek-language offering. The global provider of forex and CFD trading will support the needs of Greek-speaking traders through its dedicated, round-the- clock online services. The firm announced the launch of its full-scale Greek-language website today which…

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March 20, 2017 BY Valentina Kirilova

Global Brokerage releases Q4 results, repays part of Leucadia Credit Agreement

After the fairly steep decline in trading volumes released in February report, Global Brokerage Inc (NASDAQ:GLBR), recently renamed from FXCM Inc, today announced its fourth quarter results ended December 31, 2016. Fourth quarter 2016 Highlights & Updates: U.S. GAAP net revenues from continuing operations of $80.6 million U.S. GAAP net income attributable to Global Brokerage, Inc. from…

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March 20, 2017 BY Valentina Kirilova

Forex broker XTB Q4 close to their best record ever

Warsaw based X Trade Brokers Dom Maklerski SA (WSE:XTB), which operates Retail Forex broker XTB.com, reported a 77.7 million PLN consolidated net profit in 2016 (to 119.0 million PLN year earlier). XTB net profit in the fourth quarter rose turn YoY by 206% to 50.4 million PLN. The fourth quarter was the very best for the Group throughout…

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Saxo Bank office
March 17, 2017 BY LeapRate Staff

Saxo Bank 2016 results are out: Revenues up 27% to $425 million

Copenhagen based multi asset brokerage Saxo Bank has issued its financial results for 2016, indicating a return to profitability and healthy overall growth in the business. Comparing Saxo Bank's results to 2015 should be taken with a grain of salt, however. The firm's 2015 results were hurt on both the top and bottom lines quite…

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March 15, 2017 BY admin

Admiral Markets launches Snapchat CFD

Forex broker Admiral Markets announced today the addition of a new instrument, Snap Inc. (Snapchat) single share CFD (#SNAP). Newly listed, prominent companies will always have lots of attention and lots of trading volume. Admiral Markets plans to offer many more single share CFDs this year, saying. "we believe that the demand for single shares…

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March 15, 2017 BY LeapRate Staff

Vipro Markets hires Philippos Psyllos from JFD Brokers as CTO

LeapRate Exclusive... LeapRate has learned that CySEC regulated retail forex broker Vipro Markets has hired Philippos Psyllos as its new CTO. Philippos Psyllos joins Vipro from JFD Brokers, also based in Cyprus and licensed by CySEC, where he was co-head of technology for the past two years. Mr. Psyllos was previously head of IT support at…

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