LeapRate Exclusive... LeapRate has learned via regulatory filings made in Poland that Warsaw-based X Trade Brokers Dom Maklerski SA (WSE:XTB), which operates the XTB.com retail forex brokerage as well as the X Open Hub platform business has made changes to its management and board. We expect the company to make a formal announcement shortly. Out is…
Read moreIt wasn't exactly at the valuation they were hoping for, nor the numbers being recklessly bandied about in several Forex blogs recently, but Forex broker and platform provider XTB did successfully float its shares and begin trading today on the Warsaw Exchange. XTB operates its own FCA-regulated XTB Online Trading retail forex brand, and also…
Read moreXTB Online Trading parent company X-Trade Brokers Dom Maklerski SA has filed details of its planned IPO with the Warsaw Exchange. The company also released detailed financial information, which revealed that the XTB group brought in revenues of PLN 275 million (USD $72 million) in 2015, earning profit of $30 million. Revenues were up 39% in…
Read morePoland-based XTB looks to continue geographic expansion.
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