It was results week in Forex Industry News at LeapRate, with a number of leading brokers in the UK giving us a glimpse at their financial performance over the past few months, as well as an update on how things have been going quite recently, including the wild pre and post Brexit period. And most of it was very good news. For more see below.
Once again, thanks to our great stable of guest writers with two guest posts among our Top-10 most hit and searched-for articles this week:
- Maximizing return on investment from Sports Sponsorships, which went viral on social media receiving more than 3,400 (!!) likes on Facebook, and
- Social trading compliance in the EU.
Some of our most popular, shared and commented-on posts this week at LeapRate included:
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Gold-i introduces Forex scalper detection product for MT4 brokers. MT4 systems integrator Gold-i has announced the launch of a new product called Scalper Watch. Scalper Watch was developed to help MT4 brokers detect unwanted scalpers, and protect their profits. Gold-i Scalper Watch, fully integrated with MT4, does not require any additional servers. It automatically watches out for scalper traders and issues alerts when it detects them. It also enables brokers to customise settings to define how scalper traders are spotted.
Spreadex 2016 profit hits £21.9 million. LeapRate Exclusive… Last time we shared Spreadex annual report was 2015 and the comment was that the year was good for the shareholders of Spreadex.com. Well, since we’re about to share their latest report, this year good should be replaced with great.
IG Group Revenues dip in Q4, but Profit up in 2H. IG Group, which has a May 31 year end, just reported results for the second half and fourth quarter of its Fiscal 2016 year. While Revenues were down in Q4 (March-May ’16) from a very busy Q3, IG did see profits up nicely in the second half of the year. How did Revenues break down by geography (i.e., is the UK still more than half of IG’s business?). And how did the first few Brexit-drive weeks of Fiscal 2017 go?
GAIN Capital launches new website for FOREX.com. GAIN Capital Holdings, Inc. (NYSE: GCAP) today launched a refresh of its global retail FX brand, FOREX.com, which includes a new visual identity and updated online presence. In addition, the brand refresh has officially launched for FOREX.com’s Investment Industry Regulatory Organization of Canada (IIROC) regulated service in Canada, which will be rolled out globally throughout the remainder of 2016.
CMC Markets Q2: binaries launch, clients up 13%, white label API, and more.
ICAP announces that CEO Gil Mandelzis is leaving EBS BrokerTec.