brokerage Archives - The Industry Spread

Niguel Brooks Appointed as Head of Infrastructure and Operations at HKEX

June 19, 2019

Hong Kong Exchange and Clearing announced earlier this week that it has hired Niguel Brooks as its new head of infrastructure and operations. The infrastructure and operations department is responsible for handling and managing all its application systems. In his new role as head of infra and ops, Brooks will be reporting to Richard Leung, Chief Technology Officer at HKEX.

Citigroup to Restructure Its FX Business Operations

June 19, 2019

US-based multinational investment banking and financial service provider Citigroup Inc recently made an announcement revealing its plans to merge two of its Forex related business operations into one single business operation. The banking giant announced that the decision to merge two units was agreed upon post its recent enterprise-wide review owing to a series of consumer scandals and as some of its business ventures failed to meet expected targets.

Think Markets Branches Out to South Africa with Capital Protection Offer

May 29, 2019

The UK based multi-national financial brokerage house Think Markets which is currently operating in England and Australia has now branched out to South Africa. As per the statement released by the brokerage house, the firm has now opened a branch in South Africa which is offering trading services in Forex assets and CFD’s (Contracts for Difference).

UGL Exchange Promotes COO Alicia Ziomek to the Role of CEO

May 29, 2019

Cyprus based Forex broker UGL Exchange has released a statement stating that it has promoted Alicia Ziomek to the role of Chief Executive Officer effective immediately. Alicia is already a part of UGL family and has been working as Chief Operating Officer for the past one year.

Iron Ore Prices Rally, AUD gets a lift

May 28, 2019

Asian indices finished higher today as the China-U.S. trade dispute continues, with few signs a deal will be reached in the near-term. The Nikkei225 finished 0.37 percent higher to 21,260 the Hang Seng benchmark in Hong Kong finished 0.22 percent higher at 27,351. The Shanghai Composite finished 0.17 percent lower to 2,888 below the 100-day MA, while in Singapore the FTSE Straits Times index finished flat to 3,167. Australian equities rebounded on Tuesday, breaking a three-session slump.

Arnab Nilim Appointed As Head of FX London Branch of Goldman Sachs Asset Management

May 28, 2019

The London branch of global investment banking giant Goldman Sachs’s Asset Management division now has a new head of FX. As per the statement released by the banking giant, Arnab Nilim an industry veteran with nearly two decades of experience in the finance industry has now been hired by the firm to serve as Managing Director and Head of Currency in the Asset management division.

Integral Launches Institutional Market Data Service for Retail FX Brokers

May 22, 2019

Integral, the Silicon Valley-based fintech solutions provider, launched its Institutional Market Data service for retail brokers looking to access live spot FX and crypto-asset prices sourced from tier-one banks and nonbank liquidity providers trading over Integral’s Open Currency Exchange (OCX) platform.

ASIC-Regulated Fullerton Markets Launches Mobile Trading App

May 17, 2019

Fullerton Markets, the ASIC-regulated foreign exchange broker, has launched its mobile app, a one-stop platform which aims to deliver improved convenience and seamless experiences to its global clientele.Going by the name of PipProfit!, the app boasts features that allow users to carry out trading-related activities easily while keeping them informed of the latest news and events. Among other things, traders can look forward to sending deposit and withdrawal requests and accessing educational resources and timely market updates for profitable trading.

Xena Exchange Launches Crypto Analytics Tool

May 17, 2019

The Xena Market Barometer is designed to keep a pulse on the market and optimize the trading process while reducing the number of monitors needed for efficient trading. The first eight indicators are already live and are free to use. In the next few months, Xena Exchange plans to expand the number of graphs available.