GAIN Capital made the biggest announcement of the week by acquiring City Index in a landmark deal that helps expand their presence – meanwhile Luis Sanchez has moved to BMFN from Dukascopy.
Weekly Interviews
BMFN’s Luis Sanchez Traces His Career Path, Eyes New FX Horizon
Forex Magnates checked in with Luis Sanchez, the newest CEO of BMFN, in an exclusive interview on his career ascension and detailed background of his recent move from Dukascopy. Read More Here
Exclusive First-Ever Interview with Myfxbook Co-Founder Alex Rekun
As Myfxbook has recently received a licence from Cyprus and launched a new mobile platform for its users, we thought it was a good time to learn about the story behind the site. Forex Magnates talked with the young co-founder of the site, Alex Rekun, about the process of developing the site and its success. Read More Here
Key Executive Moves
Exclusive: MAP S.Platis Launches Forensic Unit Headed by Rakis Christoforou
Amidst a flurry of regulatory attention zeroing in on the financial services sector, Cypriot financial consultant, MAP S.Platis, has launched the MAP Financial Forensic Unit, headed by Rakis Christoforou. Read More Here
Exclusive: Luis Sanchez Named New CEO of BMFN
Luis Sanchez, First Vice President and Head of Institutional Sales at Dukascopy Bank SA, has parted ways with the group and taken a role as CEO of BMFN, effective immediately. Read More Here
In Case You Missed It
GAIN Capital Purchases City Index for $118M
GAIN Capital Holdings (NYSE:GCAP) has formally entered into an agreement to acquire FX, CFD and UK spread betting firm, City Index Limited, for $118 million, with a net purchase price of $82 million, including $36 million in cash. Read More Here
Japanese Yen Lost More than a Third of Its Value “Thanks” to Bank of Japan Stimulus
As the Bank of Japan is expanding its monetary policy measures in yet another round of its quantitative and qualitative easing policy we are taking a look at the long-term effects of Shinzo Abe’s policy measures. Read More Here
