After our exclusive report last week that senior market analyst James Hughes had left GKFX for the UK operation of AxiTrader, GKFX hasn't taken much time in naming a replacement for Mr. Hughes in the person of David Morrison. GKFX announced this morning that David Morrison is leaving spread betting firm Spread Co to join GKFX’s…
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While there was much to ponder in Forex Industry News this past week, our coverage was highlighted by a number of senior executive moves at some of the leading FX sector companies. Who's the new CEO at RationalFX? Which former City Index executive is joining Ikon Finance ahead of its relaunch as an institutional FX…
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LeapRate Exclusive... LeapRate has learned that popular FX market analyst James Hughes has joined the London office of Australia based Retail FX broker AxiTrader. He will be serving as Chief Market Analyst for the UK and Europe for Axi. AxiTrader also has Sydney based analyst Greg McKenna in its home office. James Hughes was with GKFX…
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LeapRate Exclusive... LeapRate has learned that Australia based Retail FX broker AxiTrader has hired Mario Soto as Country Head Philippines. Mr. Soto will continue to be based in Sydney. Mario Soto has been in the FX sector since 2010. He was previously Head of Sales Asia Pacific at Easy Forex (now easyMarkets). He has also worked…
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LeapRate Exclusive... LeapRate has learned that London based, FCA regulated institutional FX broker FIXI plc has posted a loss of £2 million USD ($2.6 million) for fiscal 2017, ahead of a planned expansion of services to the UK retail trading market. FIXI has a March 31 fiscal year end. FIXI's revenues during the year were…
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We normally list the week's key executive moves at the bottom of our weekly FX Industry News summary. However this week saw an extraordinary number of hires and departures involving CFH Systems, AxiTrader, Pepperstone, ADS Securities, CMC Markets Plc (LON:CMCX) - with all these moves being exclusively reported at LeapRate. (What was everyone else writing…
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LeapRate Exclusive... LeapRate has learned that FX industry sales veteran Ross Donoghue has joined the FCA regulated UK arm of Australia based Retail FX broker AxiTrader. Based in London, Ross Donoghue had most recently been with ADS Securities in their London office, and was responsible for launching the launching the retail side of the business…
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LeapRate Exclusive... LeapRate has learned that Australia based Retail FX broker Pepperstone has continued to build its presence in Europe, hiring Torsten Gellert as it new Managing Director of Pepperstone Germany. As we exclusively reported two weeks ago, Pepperstone recently re-opened its FCA regulated UK-based operation, Pepperstone Limited. It then requested that all EEA-based clients of…
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LeapRate Exclusive... Following up our exclusive coverage yesterday of the resignation of longtime AxiTrader General Manager Alex Mackinnon, LeapRate has learned that Mr. Mackinnon will be joining FX technology and white label solutions provider CFH Systems, in a senior management role. CFH Systems' executive management has confirmed to LeapRate that Mr. Mackinnon's appointment will take…
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LeapRate Exclusive... LeapRate has learned that longtime FX industry executive Alex Mackinnon has left his job as General Manager of Australia based Retail Forex broker AxiTrader. AxiTrader went outside its ranks (and its home continent) to hire Alex Mackinnon as General Manager in 2013, replacing Quinn Perrott. He had previously been Head of FX Prime…
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