The change reflects the evolution of FastMatch since it was acquired by Euronext in 2017 as part of the exchange’s strategy to diversify its top line and extend its “best execution” value proposition to an additional asset class.
Launched in May 2018, LMAX Digital is a cryptocurrency operator established by a regulated FX exchange operator and dedicated to institutional clients. The crypto exchange addresses overwhelming demand from existing clients who were looking for reliable deep liquidity on which to trade digital currencies on an institutional scale.
The platform allows startup brokers to stay in control of trading operations via a powerful admin panel, where they can manage trading settings and clients, use marketing tools, generate transparent reports and conduct risk management.
eToro cryptocurrency exchange was finally launched. eToroX, Regulated Crypto Exchange, the blockchain division of the global investment company, will offer a secure and regulated trading venue where users can trade a range of cryptoassets and stablecoins.
CME Group has launched a community benchmarking tool which leverages an alternative data set to help customers – hedge funds, asset managers and banks – make more informed investment decisions. The tool, ENSO Data Insights, helps market participants evaluate how market dynamics are driving costs and demands to borrow stock, optimize counterparty management and seize alpha-generating […]
Technology, regulatory revision, compliance are seen as potential approaches that could help to narrow the trade finance gap.
Preparations to open an EEA-based presence began in early 2017, following the UK invocation of Article 50 to leave the EU. Liquidnet EU will continue to provide services to its Member community-based in the European Economic Area (EEA).
CMC Markets has updated its cryptocurrency offering to include seven new digital currencies – taking the total number of coins available to trade to twelve – and has lowered the margins for professional clients across all their original cryptocurrencies as well as spreads for both retail and professional clients across all their original cryptocurrencies.
The Investor Voting App, which builds on the firm’s mobile voting feature launched in 2011, allows investors to vote directly and receive important regulatory and educational information relating to corporate direction.
Leverate, software as a service provider for FX brokers has appointed Alkis Hilton as new CEO and Executive Director for its Cyprus branch. Through this appointment, Leverate will try to usher in a new growth strategy for the company. InterContinental Exchange backed cryptocurrency platform, BAKKT has announced the appointment of ex-PayPal executive Mike Blandina, who will join the firm as Chief Product Officer.
True ECN/STP retail forex broker, FXOpen has published its financial results for the fiscal year ending on 31st Dec 2018. The group has posted a significant drop in revenue and overall loss in the year weighed down by strict ESMA regulations and challenging market condition.
Japan-headquartered retail FX broker, Invast Securities has released its monthly operational metrics for the month of March 2019, showing a full recovery in performance after the disappointing February month.
The FCA-regulated introducing broker, Forest Park FX has hired FX industry veteran Ed Anderson as its UK Director. London-based Ed Anderson joins Forest Park FX from Price Market UK where he was the head of Sales and Operations. The change comes at a time when the company is looking to strengthen its position as one of the established IB service providers in Europe. Forest Park FX owner Justin D. Hertzberg thinks that the growth in business is derived and is becoming more reliant on good relationships than ever before, and Ed Anderson’s strong experience will help the company in that direction.
This is the first debit card to allow people to spend their crypto balances direct from their cryptocurrency exchange account instead of pre-loading a specified amount of crypto onto their card. Currently only available in the UK, Coinbase plans to expand the debit card into other European countries in the next few months.
Integral provides Arab Bank with its end-to-end FX solution since 2014. The bank has turned to Integral to develop a mobile trading app.
FlexTrade Systems, the global leader in broker-neutral, execution and order management system provider has partnered with OpenFin, the leading provider of HTML5 runtime technology for the financial industry.As per the statement issued, the partnership will provide interoperability meaning ability to use each other computer systems or software to exchange and make use of information. The partnership also aims to provide improved workflow management for buy-side traders using the technology FlexTRADER and its cloud EMS FlexNOW.
German exchange operator, Deutsche Börse AG is buying Axioma, an analytics specialist company for $850 million, and will be merging it with its index businesses to form a new index analytics company. As a part of the deal agreement, General Atlantic will be taking 19 per cent stake in the new company for $715 million, Deutsche Börse will own 78 per cent and rest 3 per cent will be held by Axioma management for reinvesting around $105 million.
The use of machine learning is pervasive across the financial community and is critical to its success in the future, according to a research study conducted by Refinitiv.
Torstone Technology has closed a deal to acquire Percentile, a provider of real-time, cloud-based risk and compliance technology to global financial markets.
Deutsche Bank has gone live as the first German bank to offer client clearing via CDSClear, LCH Group’s CDS clearing service.