It will be a long time before we better understand the implications of the #VoteLeave victory in last week's UK Brexit referendum. Indeed it will be a while - perhaps even months or years - before we really find out what the new relationship will be between the UK and the rest of Europe. And what…
Read moreForex Industry News this week at LeapRate was dominated by three main themes: Brexit, Brexit and Brexit. It was a week which will reshape not just the political landscape in Europe, but the financial markets as well, with the FX sector at the head of the pack. We're pleased to report that some of our unique coverage…
Read moreLeapRate broke the news earlier today of the proposed recapitalization at FCA regulated online trading firm London Capital Group Holdings plc (LON:LCG), which will see CEO Charles-Henri Sabet and his partners inject £10 million (USD $14.6 million) into the company. We referenced in our coverage a filing which the company made with the London Stock Exchange…
Read moreCharles-Henri Sabet and his GLIO holding company will inject £10 million into LCG and increase their stake to 83% from 20% currently.
Read moreShares of FCA regulated online broker London Capital Group Holdings plc (LON:LCG) went on a wild ride Friday, trading at one point at nearly 63% above Thursday's closing price of 5.13p. LCG shares hit 8.38p mid-day, before retreating in the early afternoon Friday to 6.00p as of the time of writing, still up 17% on the day.…
Read moreUK online trading services provider London Capital Group Holdings plc (LON:LCG) has earlier today published its audited financial metrics for the year to December 31, 2015, with numbers in line with forecasts. The company has been undergoing restructuring... As LeapRate has exclusively reported, London Capital Group commenced 2016 with a soft launch of its rebrand to…
Read moreThere is a very simple equation which usually holds true in Forex trading - more volatility means more volumes for brokers.
Read moreOne of the key themes we have covered in the past few months has been our expectation of increased competition in the lucrative UK online trading market in 2016. Toward the end of 2015 a number of leading UK spreadbetting and Forex/CFD brokers have rebranded, launched brand new websites, introduced new & improved trading platforms…
Read moreUK online trading firm London Capital Group Holdings plc (LON:LCG) today provided a trading update for the full year to December 31, 2015. The company forecasts that: Group revenue from continuing operations for the year will be £15.5m (2014 group revenue from continuing operations: £22.7m). Adjusted loss before tax for 2015 will be circa £13.9m…
Read moreContinuing our exclusive coverage of all the recent changes at some of the UK's leading online brokerages, LeapRate has learned that the Chief Operating Officer of London Capital Group Holdings plc (LON:LCG), Arman Tahmassebi, is departing the company just as it gears up to market the 'new LCG'. LeapRate had broken the story two weeks ago of London…
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