Leverate is celebrating its 10-year anniversary

Premium brokerage technology provider Leverate is celebrating 10 years of existence this month, and it is time to look back at this company’s achievements over the years.

Leverate restructure

It’s hard to believe just how much Leverate has evolved in one decade alone – from a single dedicated product to an all-out solutions and services provider.

Leverate was founded in 2008, when four friends from IDF decided to turn their programming skills into profit by creating an automated trading algorithm. The company’s first product as a pure technology provider was a fast and accurate price feed, designed to help brokers present the quickest results to their traders. Soon after, the company released its first self-made trading platform, Sirix, complete with its own server and a whole host of tools covering everything a broker needs – from risk management to CRM, from social trading to regulation compliance.

Throughout the years, Leverate expanded to a global business, opening financial services and sales offices from Cyprus to Hong Kong, and branched-out to crypto and marketing automation, growing from 4 to 150 employees in the process.

Yasha Polyakov, CEO of Leverate said: “In its 10 years of existence, Leverate has become a leading player in forex and general brokerage technology. In the same spirit, we will continue to excel in different fields in the upcoming years, from marketing automation to cryptocurrency and blockchain.”

Ran Strauss, Co-Founder and former CEO of Leverate shared his excitement today: “It’s amazing to see how 10 years passed by. I would like to thank Yasha and the team, and wish Leverate and its clients another 10 years of astonishing achievements and fruitful business.”

Read this next

Technology

TNS connects to Tel Aviv Stock Exchange (TASE) as market data vendor

“This latest exchange connection allows TNS to provide access to approved recipients, including exchange members and market data vendors. This project includes market data for TASE’s equities and increases the number of market data feeds we now offer globally.”

Executive Moves

Cowen Digital taps ex-Blockchain.com Taylor S. Cable to lead Europe and Asia operation

“Cowen Digital is a pioneer in delivering institutional grade access to the digital asset ecosystem and I am very excited to join the team at this pivotal time to grow our presence in Europe and Asia.”

Industry News

ASIC sues American Express Australia for lack of TMD on credit cards

“ASIC has now taken multiple actions under the design and distribution regime, including issuing over 20 interim stop orders. This regime turned a new page in the regulation of financial products in Australia and is intended to deliver better outcomes for consumers. It is a priority for ASIC to maximize these increased protections and see the long-term benefits of the DDO regime realized.”

Institutional FX

Eurex reports mixed volumes for November 2022

Deutsche Börse’s derivatives-focused exchange, Eurex today said its total traded derivatives contracts grew by 10 percent in November, from 68.6 million to 75.3 million compared to the same month last year.

Digital Assets

AAX’s Nigerian customers storm local office amid withdrawal halt

According to the Nigerian media, angry consumers of the troubled crypto exchange AAX had stormed its local office hoping they can get their money back after the firm halted operations earlier in November.

Digital Assets

As SPAC bubble bursts, Circle terminates its $9 billion merger with Concord

USDC stablecoin issuer, Circle has terminated its planned $9 billion SPAC merger with publicly traded blank-check company Concord Acquisition Corp.

Institutional FX

Integral reports lowest FX volume in two years

Foreign exchange trading volumes dropped in November across Integral’s trading platforms as currency markets saw a relatively quiet period after consecutive months of strong trading activity.

Technology

CDEX: Avelacom announces connectivity to Cboe Europe Derivatives

“We anticipate that many of our customers from Asia will be particularly interested in getting exposure to pan-European products via just one venue, which CEDX offers.”

Retail FX

BUX acquires Spanish Ninety Nine’s retail brokerage unit

“Thanks to this acquisition, Ninety Nine users will have access to a wide range of services provided by BUX, such as investing in Spanish, European and US stocks, ETFs, cryptocurrencies, fractional investing and the BUX Savings Plan.”

<