Tag: FCA regulated brokers

June 16, 2016 BY LeapRate Staff

Ashraf Ebid joins Asia-focused FCA regulated broker Global Market Index as CEO - LeapRate Exclusive

LeapRate Exclusive... LeapRate has learned that longtime Forex industry executive Ashraf Ebid has joined FCA regulated retail forex broker Global Market Index Limited (or GMI) as its new CEO. GMI was co-founded by Chinese entrepreneur Jeff Chao, who is the firm’s current President. GMI started its brokerage services in 2009 with a heavy focus on the Asia…

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June 13, 2016 BY LeapRate Staff

Valutrades adds Monex's Jeffrey Ng as a director - LeapRate Exclusive

LeapRate Exclusive... LeapRate has learned that FCA regulated retail forex broker Valutrades has tightened its relationship with Indonesia's Monex Investindo Futures, by adding Monex's Executive Vice President and Chief Marketing and Sales Officer Jeffrey Ng (pictured at left) as a non-executive Director. Ng will be bringing Valutrades expertise in marketing, performance management and systems and controls for…

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June 06, 2016 BY LeapRate Staff

Morgan Stanley sells down Plus500 Ltd stake to below 3%

LeapRate has learned via filings made to the London Stock Exchange that global investment bank Morgan Stanley (NYSE:MS) has sold down its stake in FCA regulated retail forex and CFD broker Plus500 Ltd (LON:PLUS) to below 3%. Morgan Stanley had been the second or third largest outside shareholder in Plus500 at just under 7%, after UK investment manager…

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June 02, 2016 BY LeapRate Staff

CMC Markets added to FTSE 250 Index

FCA regulated online broker CMC Markets Plc (LON:CMCX) has announced that it will be included as a constituent of the FTSE 250 Index effective later this month. The inclusion was announced by FTSE Russell yesterday and will take effect from the start of trading on Monday June 20, 2016. This follows CMC Markets' Initial Public Offering with…

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May 31, 2016 BY LeapRate Staff

IG Group reports 2016 earnings ahead of expectations

Fiscal 2016 will be IG Group's first year under the stewardship of new CEO Peter Hetherington, and it looks like it will be a good one. Leading UK online broker IG Group Holdings plc (LON:IGG) provided a Trading Update on its 2016 financial results, indicating that the company expects full year 2016 earnings to be slightly ahead of…

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May 27, 2016 BY LeapRate Staff

Monex's UK arm Valutrades grows revenues in 2015 but continues to lose money

FCA regulated retail forex broker Valutrades Limited has filed its 2015 financial statements and report, indicating that the company's business grew nicely during the year, and the company lost less money than the previous year. Valutrades is the FCA regulated arm of Indonesia-based Monex Investindo Futures, controlled by Indonesian entrepreneur Anil Bahirwani. Monex set up Valutrades…

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May 27, 2016 BY LeapRate Staff

Monex's UK arm Valutrades grows revenues in 2015 but continues to lose money

FCA regulated retail forex broker Valutrades Limited has filed its 2015 financial statements and report, indicating that the company's business grew nicely during the year, and the company lost less money than the previous year. Valutrades is the FCA regulated arm of Indonesia-based Monex Investindo Futures, controlled by Indonesian entrepreneur Anil Bahirwani. Monex set up Valutrades…

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