The launch in Kenya coincides with Pepperstone's 10th year of operations. The expansion is also a part of a global growth strategy of the broker which enables more effective and specific servicing of the fintech's clients. Patel added: Ultimately, what sets us apart from our competitors is our commitment to our clients and great service.…
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The Australia and New Zealand Banking Group Limited (ANZ) announced the sale of UDC Finance, its asset finance business in New Zealand, for NZ$762 million to Shinsei Bank Limited. The sale is inline with ANZ’s strategy to simplify its business and follows a review of UDC Finance. The purchase price represents a price-to-book ratio of 1.2x…
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Since its establishment back in 2010, the broker has more than doubled in size over the past two years as well as expanded and tailored its product offering into hundreds of new markets. Thanks to our presence in Dubai, Pepperstone can establish even closer ties with our clients in the Middle East. Dubai is a significant global financial hub and…
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Forex broker Pepperstone announced that they have launched US share contracts with after-market trading, with no data fees, on their MetaTrader 5 platform. Traders can now take positions on Tesla, Alibaba, Apple, and more big names before market open. Pepperstone's unique US shares offering allows clients to trade in and out of positions after the…
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Pepperstone Limited, the London based FCA regulated arm of leading Australian Retail FX brokerage group Pepperstone, has indicated in regulatory filings that the company brought in £4.98 million (USD $6.4 million) from CFD commissions and spreads for the fiscal year ended June 30, 2018, the company's first full year of operation. The company grew its…
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LeapRate Exclusive... LeapRate has learned that Pepperstone UK Managing Director Iain Rogers has resigned his position in the company. And, following a brief garden leave, Mr. Rogers plans to join FCA regulated institutional FX and CFDs broker Global Market Index Limited (GMI UK), as the company's new COO. Iain Rogers joined Pepperstone about a year and…
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LeapRate Exclusive... LeapRate has learned via regulatory filings that leading Australian retail forex brokerage group Pepperstone has continued its impressive growth trajectory, growing the business by more than 50% in Fiscal 2018. Pepperstone has a June 30 fiscal year end, so the results described are for the year ended June 30, 2018. Fiscal 2018 completed…
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LeapRate Exclusive... LeapRate has learned that Melbourne based global FX brokerage group Pepperstone has hired Peta Stead as the company’s new Group Head of Compliance and Operations Risk. Peta will be responsible for the leadership of the compliance team and also provide strategic direction for the business within the context of the evolving global regulatory landscape.…
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Australia based private equity manager CHAMP Private Equity has announced that its CHAMP IV Funds have entered into an agreement to exit its investment in Pepperstone, one of the largest Australia based Retail FX brokerage groups. CHAMP had first invested in Pepperstone in 2016. Going forward the business will be owned by Pepperstone’s founders, and its…
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LeapRate Exclusive... LeapRate has learned that longtime IG Australia research analyst and market strategist Chris Weston is following in the footsteps of his former boss Tamas Szabo, and has agreed to join rival FX broker Pepperstone. As was exclusively reported by LeapRate back in October, Pepperstone hired Tamas Szabo, former Australia office head of UK online…
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