February 13, 2017 BY LeapRate Staff
Drew Niv and Brandon Mulvihill withdraw from FXCM UK board
Does this portend a departure of Drew Niv from FXCM altogether?
Read more
February 13, 2017 BY Valentina Kirilova
Gain Capital institutional arm GTX to use Ideal Prediction's analytics
GTX, the institutional foreign exchange (FX) arm of Gain Capital Holdings Inc (NYSE:GCAP), and Ideal Prediction, an independent trading analytics and data science company, are offering clients FX data and advanced analytics to optimize their FX trading. The market data, tools, and services enable buy-side and sell-side market participants to optimize profitability and simulate strategies…
Read more
February 13, 2017 BY LeapRate Staff
Forex brokers actively looking to poach FXCM clients, IBs and Affiliates - LeapRate Exclusive
LeapRate Exclusive... It isn't often that a large block of active retail forex traders (or IBs) come up for grabs. So when it happens, it shouldn't really come as a surprise that rival retail forex brokers do all they can to get a piece of that action. This is, after all, an industry more dependent…
Read more
February 13, 2017 BY LeapRate Staff
ADS Securities adds Hong Kong SFC Type 6 Corporate Finance license
The license will allow ADS to act as financial advisor in Hong Kong for M&A transactions, fundraising and other corporate activities.
Read more
February 13, 2017 BY LeapRate Staff
FXCM US clients: Revenues $52 million, EBITDA loss $12 million, Net Loss $18 million
Retail forex broker FXCM Inc (NASDAQ:FXCM) filed early Monday some more details regarding the US clients it is offloading to rival Gain Capital Holdings Inc (NYSE:GCAP). The sale is occurring after FXCM and its CEO Drew Niv were issued a ban from the US forex market, following settlement of allegations that FXCM defrauded its customers over…
Read more
February 09, 2017 BY LeapRate Staff
FCA holds secret roundtable with Forex and CFD brokers on leverage and bonus issues - LeapRate Exclusive
LeapRate Exclusive... LeapRate has learned that a secret, invitation-only meeting was held yesterday in London between the FCA and senior representatives from several of the leading regulated Forex and CFD brokers in the UK. The meeting was meant to help clear the air between the regulator and the brokers regarding the way the FCA 'surprised'…
Read more