GMO-Z.com Trade UK Limited, the FCA regulated brokerage arm of Japanese retail forex giant GMO Financial Holdings Inc (TYO:7177) has announced that it has expanded its range of account funding options for retail clients. As part of its ongoing service upgrades, Z.Com Trade stated that it is pleased to announce the addition of the Neteller e-wallet…
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LeapRate Exclusive... LeapRate has learned that FCA regulated Retail FX, CFDs and spreadbetting broker London Capital Group is going to be taken private by CEO Charles-Henri Sabet. Mr. Sabet and his investor group GLIO Holdings already control the publicly traded parent company London Capital Group Holdings PLC (which we'll call 'Holdings'), with a 78.1% holding. However…
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LeapRate Exclusive... LeapRate has learned via regulatory filings that Tamas Szabo (pictured above) has stepped onto the board of Pepperstone Limited, the FCA regulated subsidiary of leading Australia based Retail FX broker Pepperstone, as Pepperstone begins to expand its operations in the UK and Europe. As was exclusively reported by LeapRate, last October Pepperstone hired…
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CySEC, Belize and South Africa licensed Retail FX broker Forextime, which also goes by the shortened moniker FXTM, has announced on a new website forextime.co.uk (full text below) that it has received a license from the FCA for a new UK-based subsidiary Forextime UK Limited. A check of the FCA's registry reveals that Forextime UK…
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Worlds colliding. NASDAQ traded Long Blockchain Corp (NASDAQ:LBCC) - formerly known as Long Island Iced Tea Corp. - has announced its planned merger with the parent company of FCA regulated FX broker Stater Global Markets. However, the deal seems to revolve around the new passion of both companies - Blockchain technology. Long Blockchain announced that it…
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Continuing its international expansion and clear plans to grow in Europe, China based Retail FX brokerage group TigerWit has announced that it has acquired Mercor Index, the UK based and FCA regulated broker set up by longtime London Capital Group Holdings plc (LON:LCG) CEO Simon Denham. Mr. Denham set up Mercor Index in 2015 after Charles-Henri…
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LeapRate Exclusive... LeapRate has learned that learned that Simon Henry has resigned his position as Compliance Officer of FCA regulated Goldenway Global Investments (UK) Limited, which operates the GWFX Global retail FX and CFD brokerage brand (at gwfxglobal.com). Simon Henry, GWFX Simon Henry was hired by GWFX just three months ago from London Capital Group Holdings plc (LON:LCG), where…
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LeapRate Exclusive... LeapRate has learned that Matthew Wright has left his CEO position at FCA regulated Retail FX broker Destek Markets, to become CEO of rival broker Capital Index. The move comes less than a year after Mr. Wright was brought in to build a team and run the UK arm of Turkey-based Destek by…
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LeapRate Exclusive... LeapRate has learned that Z.com Trade, the FCA regulated brokerage arm of Japanese retail forex giant GMO Click Holdings Inc (TYO:7177) has issued a notice to clients that it will be changing trading conditions on a number of products and accounts. The changes at Z.com Trade will become effective next Monday, December 18. The key…
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LeapRate Exclusive... LeapRate has learned that Sydney, Australia based Retail FX broker AxiTrader has grown its FCA regulated UK operation, AxiCorp Limited, by more than 40% in Fiscal 2017. AxiCorp has a June 30 fiscal year end. Revenues at AxiTrader UK were £3.0 million (USD $4.0 million) in fiscal 2017, up 41% from £2.1 million…
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