GBPUSD Rallied Higher on the BoE Policymakers’ Testimonies LeapRate

November 21, 2023 BY Simon Mugo

GBPUSD Rallied Higher on the BoE Policymakers’ Testimonies

BoE Governor Andrew Bailey acknowledged that the latest decrease in inflation was positive news and indicated that recent developments in inflation align with the central bank's expectations. While inflation is expected to end the year slightly lower than previously anticipated, Bailey stressed that this reduction is not substantial. ______________________________________________________________________ Don’t miss out the latest news,…

February 23, 2017 BY LeapRate Staff

Why Is Forex Generally Important in the UK Economy?

This article was written by freelance writer Zak Goldberg. Forex trading is something lots of people like to engage in, and can offer an individual trader some great benefits like allowing them to trade 24 hours a day, and use leverage to open themselves up to big changes in value even with relatively low capital.…

March 16, 2016 BY Mike Fox

London based Forex broker XTB.com adds new director

Today we learned from official filings that London based Forex brokerage XTB Limited, the operator of XTB.com has appointed a new director in Marcus James Ford, an FX industry veteran of many years. This brings the total count of current directors to three at XTB Limited. Mr. Ford most recently served as a director at OANDA Europe from…

May 20, 2015 BY Andrew Saks-McLeod

LMAX reports towering profits for 2014, up 80% over previous year

In addition to a net profit of £500,000, LMAX Exchange achieved $1.9 trillion in annual trading volumes, and gross revenues of £26.2 million, up 45%, while gross profits stood at £16.5 million, up 80% over 2013's results

May 07, 2015 BY Andrew Saks-McLeod

PFSOFT courts the British trader; adds spread betting to its ProTrader platform

PFSOFT has announced the extending of its Protrader trading platform’s functionality with a new set of features. The new update enables Spread Betting in addition to Forex, CFDs, Stocks, Options and Futures trading. These allows PFSOFT to fit Protrader functionality to the local specificity of the UK financial market. Protrader is the complex trading solution…

February 24, 2015 BY Maria Nikolova

Financial Conduct Authority warns about Ikon Finance clone

The Financial Conduct Authority (FCA) has been rather active lately in cautioning the public about clone firms. The latter usually abuse a trademark, emulate a name of a firm, its services and websites, in order to fraudulently benefit from the established reputation of a regulated entity. Earlier today, the UK watchdog published a warning about…

January 30, 2015 BY Maria Nikolova

Forex fraudster Alex Hope gets 7-year jail term

A landmark legal prosecution concluded today in the UK, as Alex Hope and his accomplice in investment fraudulent activities Raj Von Badlo (also known as Raj Shastri), were both sentenced to prison. Alex Hope will spend the next seven years in prison, the harshest punishment imposed following prosecution by the Financial Conduct Authority (FCA) or…

January 26, 2015 BY Andrew Saks-McLeod

ThinkForex announces FCA regulation and strengthens management team

“We are delighted to announce the approval of our FCA licence to the market, which, in addition to our ASIC licence, positions the group strongly to address our global expansion strategy in the months and years ahead.” - Nauman Anees, co-founder, ThinkForex

November 29, 2014 BY Andrew Saks-McLeod

Mauritius-based VIBHS Financials heads to London, appoints Angus Irvine as Director

London's CFD orientated electronic trading environment remains of great interest to many firms as Mauritian VIBHS heads toward FCA regulation with Angus Irvine, formerly of FXCM and ODL Securities, providing consultancy on the establishment of the company's London operations

October 28, 2014 BY Andrew Saks-McLeod

LeapRate Exclusive: FX risk management on the agenda in London as ThinkLiquidity goes transatlantic

Prominent industry figure Jeff Wilkins considers that London is the epicenter of FX, and therefore UK growth is paramount, with ThinkLiquidity's solution a boon for FX firms in the world's largest financial center

Tag: UK Forex