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Gerald Segal is a Managing Director at LeapRate, which provides analysis of the Online Forex Trading world. Gerald's reports are a leading source of information on the size, growth and regulation of the Online Forex industry. Prior to founding LeapRate Gerald was an investment banker for 18... More

My company:: LeapRate
My blog:: LeapRate's Forex Industry News

AxiTrader Launches Retail FX Brand In The U.S. 0 comments

Feb 7, 2013 7:58 AM | about stocks: AMP, AMTD, BAC, BBD, BBVA, BCS, BGCP, BK, BMO, BNS, BTFRF.PK, C, CM, CME, CS, DB, DJ, ETFC, FB, FTGI.PK, FXCM, GCAP, GS, HBC, IAPLF.PK, IAPLY.PK, IBKR, IGGRY.PK, JEF, JPM

Going against the trend, Australia's AxiTrader enters the U.S. Retail FX market.
At a time when we are seeing a number of foreign FX brokerages abandon the heavily-regulated U.S. market (e.g. Forex Club), and even U.S.-based firms close shop domestically to focus on foreign markets (e.g. GFT), along comes AxiTrader going the other way. Australia's leading retail FX firm (and a member of LeapRate's Approved List of global FX firms), AxiTrader clearly has designs on being recognized as a truly global FX brokerage and now has a U.S. presence.
AxiTrader USA has received NFA regulation, and will begin life in the U.S. as an introducing broker of institutional broker Institutional Liquidity (ILQ), a Chicago-based firm which also has a base in Australia.
AxiTrader USA will be headed by Brian King, out of Chicago. King and AxiTrader Chairman Goran Drapac worked together years ago at the now-defunct Refco.
For the complete AxiTrader press release click here.
For more on the global Forex industry see the LeapRate-Dow Jones Forex Industry Report.

Themes: AxiTrader, AxiCorp, Australia, retail forex, NFA, CFTC, regulated forex brokers Stocks: AMP, AMTD, BAC, BBD, BBVA, BCS, BGCP, BK, BMO, BNS, BTFRF.PK, C, CM, CME, CS, DB, DJ, ETFC, FB, FTGI.PK, FXCM, GCAP, GS, HBC, IAPLF.PK, IAPLY.PK, IBKR, IGGRY.PK, JEF, JPM

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