Exclusive: Jason Gibson replaces Steven Reeves as CEO of institutional FX broker Fixi plc LeapRate

February 12, 2018 BY LeapRate Staff

Exclusive: Jason Gibson replaces Steven Reeves as CEO of institutional FX broker Fixi plc

LeapRate Exclusive... LeapRate has learned that FCA regulated institutional FX broker Fixi plc has made a number of changes in its senior management ranks, including the appointment of a new CEO and a new CFO. Fixi is controlled by Goran Drapac, also the founder and controlling shareholder of Australia based Retail FX broker AxiTrader. Leaving…

January 11, 2018 BY LeapRate Staff

LMAX Exchange hires Standard Chartered exec Quentin Miller as Head of Institutional FX APAC

As it moves to continue to grow its business and market share in the Far East, institutional FX broker and liquidity provider LMAX Exchange Group has announced the appointment of Quentin Miller (pictured above) to the newly created position of Head of Institutional FX for Asia Pacific. Quentin Miller will be based in Singapore. He will…

November 21, 2017 BY LeapRate Staff

Exclusive: CrescoFX expands to the UK with FCA license

LeapRate Exclusive... LeapRate has learned that institutional boutique FX broker CrescoFX has successfully obtained a license from the FCA in the UK for its subsidiary Cresco Capital Markets (UK) Limited, with plans to expand both its institutional and Retail brokerage operations. The license was formally granted back on August 1, 2017. CrescoFX was established in…

November 06, 2017 BY LeapRate Staff

China backed FX broker hires Ross Newell from AxiCorp to head new institutional business AETOS Direct

LeapRate has learned that Aetos Capital Group, a company controlled by Chinese online entrepreneur Yongqiang Lu, has launched a new institutional FX unit in its London-based FCA regulated arm Aetos Capital Group (UK) Limited, to be called AETOS Direct. To head up AETOS Direct, the company has hired Ross Newell (pictured above) from AxiCorp. Mr. Newell was one…

October 20, 2017 BY LeapRate Staff

Exclusive: Institutional FX platform True Trade goes live

LeapRate Exclusive... After some initial growing pains which included the departures of CEO Klaus Buhl and COO Ashraf Agha, LeapRate has learned that FCA regulated institutional FX provider True Trade (truetrademarkets.com) has gone live. Institutional clients have begun trading trading FX on (Phase 1) of True Trade’s new proprietary execution platform. True Trade provides clients with…

September 04, 2017 BY LeapRate Staff

Exclusive: Institutional FX broker FIXI plc plans Retail expansion, posts £2 million loss in 2017

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…

May 18, 2017 BY LeapRate Staff

CMC Markets launches new institutional offering Prime FX

UK based online brokerage house CMC Markets Plc (LON:CMCX) has announced the launch of its new Prime FX proposition, as the company continues to bolster its institutional offering. Prime FX from CMC Markets has been designed to help fill the liquidity gap that has been left by many of the traditional prime brokers scaling back…

May 05, 2017 BY LeapRate Staff

Alpha 1H-2017 results: Revenues £12.9 million, Profit £1.8 million, Client Cash £75 million

Institutional FX brokerage ACM Group plc, more commonly known in the industry as just Alpha, has issued its results report for the first half of fiscal 2017 (September 30 year end, first half results are through March 31, 2017). At the half year mark the transformation process that the company began during the previous financial…

March 20, 2017 BY LeapRate Staff

Alpha Q1 results: Revenues £5.7 million, Profit £1.2 million, Client Cash £45 million

Following on our exclusive coverage of the 2016 results (12 months to September 30, 2016) of institutional FX brokerage ACM Group plc, more commonly known in the industry as just Alpha, we have been provided the company's results for the first quarter of fiscal 2017 indicating that Alpha's 2016 restructuring and strategy of focusing on…

February 16, 2017 BY LeapRate Staff

Institutional FX liquidity provider PositivaFX launching Retail Forex brokerage - LeapRate Exclusive

LeapRate Exclusive... LeapRate has learned that CySEC regulated institutional FX firm PositivaFX (CY) Ltd is making preparations to launch a separate Retail Forex brokerage operation. PositivaFX, based in Limassol, Cyprus and founded in 2014 by CEO George Stylianou (pictured at right) and COO Kaiming Liu, has grown into a fairly successful institutional FX shop, serving mainly small to…

Tag: institutional FX brokers