The London-headquartered world leading commodity broker, Marex Spectron Group Ltd. has acquired the commodity business of London-based BGC European Holdings, CSC Commodities.
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LMAX Exchange Group, an operator of institutional exchange in the eFX and cryptocurrency sector has made a series of new hirings to strengthen as well as to fill the capacities in the senior level management team.
The group has secured Himanshu Kher as its Group Treasurer. This position has been newly created and Kher is the first one to handle the position. He will report directly to Grant Pomeroy, the Group Chief Financial Officer (CFO) at LMAX.
UK-FCA regulated agency, Society Financial has appointed veteran FX executive Tom Tragett as its new Chief Market Analyst. Mr. Tragett will help the company to augment the broker’s market information capabilities specifically in relation to clients while helping to generate a diverse blend of market reports, updates and analysis of overall company clientele.
SBI Crypto Investments Ltd., a subsidiary of SBI Holdings Inc., has invested $15 million in operations of Tangem, a banknote platform and producer smart card wallet. The investment was done with an objective for a breakthrough in mass adoption of the blockchain technology.
Invast Global, a specialist multi-asset prime brokerage, has announced a new Hong Kong office in order to address growing client demand in the face of restrictive global financial reforms.