One 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…
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LeapRate Exclusive... Continuing our exclusive coverage of the changes afoot at FCA-regulated Forex, CFD and Spreadbetting broker ETX Capital, LeapRate has learned that in just the last few minutes the company has gone live with its new website www.etxcapital.co.uk in its home UK market. We expect the company to make a formal press release on…
Read moreHantec Markets, the London-based FCA regulated forex and CFD broker, has reported its financial statement for the fiscal year ended June 30, 2015, showing significant improvement in the business. Hantec Markets is a joint venture between Hong Kong based multinational finance house Hantec Group, and management led by Bashir Nurmohamed (CEO, ex ODL) and Hayel Abu-Hamdan…
Read moreUK financial services sector set to spend further on technology over next year according to survey by CBI and Price Waterhouse Coopers The cost of operating an FX brokerage has increased significantly over recent times, however the cause of this has been largely due to the omnipresent will of global regulatory authorities to keep pace…
Read moreLalit Nathwani joins institutional liquidity management systems and multi-asset dealing platform provider smartTrade Technology following eight year tenure at Informatica Institutional cross-asset liquidity management software company smartTrade Technologies has today announced the appointment of Lalit Nathwani, who will assume the position of Business Development Director. Mr. Nathwani joins smartTrade Technologies with substantial experience gained via a…
Read morePound volatility could still reap some benefits for UK spreadbetting and forex businesses When things get out of hand politicians toughen up and take control of the situation. The UK treasury has set an example on Monday that sometimes politicians can act tough without any immediate pressure and released a statement on the state of…
Read moreAtom8 is bringing JForex unique features both to high-net-worth and institutional investors as well as retail traders interested in an ECN platform Dukascopy Bank has announced a new white label partnership with UK based brokerage Atom8 Financial Services LLP. The brokerage is aiming at providing ECN true services for individual and institutional clients. Liquidity will…
Read moreChinese Yuan trading at the company has registered 300% growth in volumes during the last couple of months According to a recent report by Reuters Abu Dhabi based forex brokerage ADS Securities will obtain a license to operate in the UK in 2014 and plans to offer Chinese Yuan pricing to customers in the region.…
Read moreNew Zealand based brokerage opens a new office in London, aims to further expand into Europe True ECN brokerage FX Open, hailing all the way from New Zealand, becomes the latest to open a UK office. With the announcement today that it has opened its first physical office in London, the company aims to explore…
Read moreThe regulatory system allowing financially regulated companies to register cross-border in the EU has UK players worried. An interesting article in today's Financial Times points out that many established UK-based, FCA-regulated brokers are concerned about the growing number of 'passport' brokers from other EU countries setting up shop in London. The article points out that 45…
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