Leverate Sees Nearly Triple its Normal Volumes, Sparked by Brexit Fallout
- Leverage's volumes exploded as market volatility reigned immediately following the post-Brexit chaos.
Leverate, a provider of technology solutions for foreign exchange and binary options firms, has weathered the Brexit Brexit Brexit stands for British Exit, or in reference to the United Kingdom’s decision to formally leave the European Union (EU) as declared in a June 23, 2016 referendum. In a more immediate sense, a tight vote and unexpected result helped drive British pound (GBP) to lows that had not been seen in decades.The day following the referendum, former Prime Minister David Cameron resigned from office where he was replaced by Theresa May, who later resigned from office on June 7th, 2019. Active Prime Minis Brexit stands for British Exit, or in reference to the United Kingdom’s decision to formally leave the European Union (EU) as declared in a June 23, 2016 referendum. In a more immediate sense, a tight vote and unexpected result helped drive British pound (GBP) to lows that had not been seen in decades.The day following the referendum, former Prime Minister David Cameron resigned from office where he was replaced by Theresa May, who later resigned from office on June 7th, 2019. Active Prime Minis tsunami Friday, having incurred a groundswell of its volumes during the hours immediately following the historic decision and suffering no ill effects of easily the most volatile day of the calendar year to date.
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Leverate provides a variety of services for a global clientele, including risk management and Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent as part of a comprehensive offering for brokers and financial service providers. While the Brexit decision was a bombshell for financial markets that were seemingly unprepared and not priced into the event, Leverate managed to pass the test with flying colors, with its volumes exceeding 277% its normal figures.
With memories of the Swiss National Bank decision running deep, many brokers and groups largely learned their lesson and were better equipped, or at the very least, aware of the risks heading into last Friday’s vote. While there exists nothing but uncertainty for the UK, Leverate and other groups can breathe a sigh of relief that their systems and operations endured such an event.
Leverate made headlines earlier today after it promoted Sami Mana to the role of general manager following a recent announcement by the company that it had restructured its operations. Sami, who has been with Leverate since 2009, has a holistic understanding of the financial services market gained from hands-on experience in various business units across the company. He was previously Chief of Staff, responsible for the oversight of the company’s direction and action plan implementation, playing a leading role in directing cross-company projects and day-to-day operations.
Leverate, a provider of technology solutions for foreign exchange and binary options firms, has weathered the Brexit Brexit Brexit stands for British Exit, or in reference to the United Kingdom’s decision to formally leave the European Union (EU) as declared in a June 23, 2016 referendum. In a more immediate sense, a tight vote and unexpected result helped drive British pound (GBP) to lows that had not been seen in decades.The day following the referendum, former Prime Minister David Cameron resigned from office where he was replaced by Theresa May, who later resigned from office on June 7th, 2019. Active Prime Minis Brexit stands for British Exit, or in reference to the United Kingdom’s decision to formally leave the European Union (EU) as declared in a June 23, 2016 referendum. In a more immediate sense, a tight vote and unexpected result helped drive British pound (GBP) to lows that had not been seen in decades.The day following the referendum, former Prime Minister David Cameron resigned from office where he was replaced by Theresa May, who later resigned from office on June 7th, 2019. Active Prime Minis tsunami Friday, having incurred a groundswell of its volumes during the hours immediately following the historic decision and suffering no ill effects of easily the most volatile day of the calendar year to date.
The new world of online trading, fintech and marketing – register now for the Finance Magnates Tel Aviv Conference, June 29th 2016.
Leverate provides a variety of services for a global clientele, including risk management and Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent as part of a comprehensive offering for brokers and financial service providers. While the Brexit decision was a bombshell for financial markets that were seemingly unprepared and not priced into the event, Leverate managed to pass the test with flying colors, with its volumes exceeding 277% its normal figures.
With memories of the Swiss National Bank decision running deep, many brokers and groups largely learned their lesson and were better equipped, or at the very least, aware of the risks heading into last Friday’s vote. While there exists nothing but uncertainty for the UK, Leverate and other groups can breathe a sigh of relief that their systems and operations endured such an event.
Leverate made headlines earlier today after it promoted Sami Mana to the role of general manager following a recent announcement by the company that it had restructured its operations. Sami, who has been with Leverate since 2009, has a holistic understanding of the financial services market gained from hands-on experience in various business units across the company. He was previously Chief of Staff, responsible for the oversight of the company’s direction and action plan implementation, playing a leading role in directing cross-company projects and day-to-day operations.