FX Industry Week Review: Playtech buys Alpha, China broker expands UK, Binary Options funds recovery, and lots more… LeapRate

August 27, 2017 BY LeapRate Staff

FX Industry Week Review: Playtech buys Alpha, China broker expands UK, Binary Options funds recovery, and lots more…

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…

August 25, 2017 BY LeapRate Staff

Exclusive: AxiTrader UK hires ex ADS, City Index and CMC Markets exec Ross Donoghue as Head of EU Sales

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…

August 23, 2017 BY LeapRate Staff

Exclusive: Torsten Gellert jumps from AxiTrader to Pepperstone as MD Germany

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…

Germany's BaFin maintains restrictions on retail trading with financial CFDs

August 14, 2017 BY LeapRate Staff

Germany CFD regulations requiring negative balance protection take effect

A full eight months after first being proposed, new rules governing CFD trading and brokerage take effect this week in Germany. A quick timeline.... German regulator BaFin proposed the new rules for brokers providing off-market leveraged CFD trading on December 8, 2016. That came just two days after BaFin's UK counterpart, The FCA, came out…

August 11, 2017 BY LeapRate Staff

Plus500 shares at all-time high following "monster" $110 million Q2

Continuing a year-long climb, shares of CFD broker Plus500 Ltd (LON:PLUS) set an all-time high in Thursday trading on the London Stock Exchange. Plus500 closed up 4.3% to £8.68 per share, its highest ever closing price after setting a mid-day high of £8.80 soon before closing. At its current share price, Plus500 has a market value…

July 30, 2017 BY LeapRate Staff

Forex Industry Week Review: Binary Options lawsuits, FX broker China employees held hostage, and lots more…

In one of the more interesting Forex Industry News weeks of the year, we reported on angry clients taking employees of a Forex brokerage hostage in Shanghai - an episode which lasted a full five days. We also had more standard stuff - FX broker results and analysis, a major Forex Sports Sponsorship announced, management…

CMC Markets Plc announces a number of changes to its Board of Directors

July 27, 2017 BY Valentina Kirilova

CMC Markets announces two additions to its board of directors

Along with its revenue report, FCA regulated online CFD brokerage house CMC Markets Plc (LON:CMCX) has announced today two additions to its board of directors. It is proposed that Clare Salmon and Paul Wainscott join the Board as a Non-Executive Directors, subject to FCA approval. Clare Salmon has held a broad variety of international leadership…

July 27, 2017 BY Valentina Kirilova

CMC Markets reports increased revenue in fiscal Q1 2018

FCA regulated online CFD brokerage house CMC Markets Plc (LON:CMCX) has today issued its Interim Management Statement for the Q1 2018 period, from 1 April to 30 June 2017. Revenues have increased during Q1 2018 compared to the same period in 2017 to be in-line with the more normalised conditions seen during H2 2017. CMC…

July 19, 2017 BY LeapRate Staff

IG shares soar 16% after reporting stellar Q4 results

Shares of UK online brokerage leader IG Group Holdings plc (LON:IGG) traded up by 16.4% Tuesday, after the company reported robust financial results for Q4-2017, the second half of Fiscal 2017, and full year 2017. IG has a May 31 fiscal year end. IG shares, now at £6.46 per share, are at the highest level they have…

July 17, 2017 BY LeapRate Staff

ADS Securities hires CMC Markets' Singapore MD Jason Hughes as Global Head of Retail Sales

Abu Dhabi based international financial services firm ADS Securities has continued to build its international management team, announcing today that it has hired Jason Hughes as Global Head of Retail Sales, for its FX and CFD brokerage business. Mr. Hughes will be based in Abu Dhabi. Jason Hughes joins ADS Securities from CMC Markets Plc (LON:CMCX), where…

Tag: CMC Markets Plc (LON:CMCX)

FX Industry Week Review: Playtech buys Alpha, China broker expands UK, Binary Options funds recovery, and lots more…

Exclusive: AxiTrader UK hires ex ADS, City Index and CMC Markets exec Ross Donoghue as Head of EU Sales

Exclusive: Torsten Gellert jumps from AxiTrader to Pepperstone as MD Germany

Germany CFD regulations requiring negative balance protection take effect

Plus500 shares at all-time high following "monster" $110 million Q2

Forex Industry Week Review: Binary Options lawsuits, FX broker China employees held hostage, and lots more…

CMC Markets announces two additions to its board of directors

CMC Markets reports increased revenue in fiscal Q1 2018

IG shares soar 16% after reporting stellar Q4 results

ADS Securities hires CMC Markets' Singapore MD Jason Hughes as Global Head of Retail Sales

Seaport Global Securities Fined $125k By FINRA

easyMarkets and Real Madrid Renew Collaboration Agreement

Nordic Capital Closes Evolution II Fund at €2bn Hard Cap After Rapid Fundraising

ATFX Africa: Empowering Traders Across South Africa

Swoosh Finance: ASIC Alleges Breach of Responsible Lending Obligations