Brokers Archives - The Industry Spread

Invast Global Launches Cboe Equities Data Packages for Brokers

October 12, 2019

Invast Global customers have access to live exchange pricing and leveraged, long/short execution capability via Direct Market Access (DMA), to some of the world’s most liquid CFD markets. The integrated data and DMA execution solution for CFDs is aided by the provision of fully operational and technical support functions to reduce the operational burden for Invast Global clients. Market data reporting is also streamlined, with Invast acting as the vendor of record to our broker clients.

SEC Explains Differences Between Brokers and Investment Advisors

October 7, 2019

An investment advisor, Clayton noted, “generally manages your account. The advisor can advise you to buy, sell, or hold the securities and the advisor can make some of or all of those decisions for you.” As such, an investment advisor has more decision-making power than does the broker.

Tools for Brokers Announces Trading Cost Transparency Tool

September 27, 2019

The forex technology company, provider of Trading Cost Transparency Tool for FX brokers, Metatrader 4 WhiteLabel, MT4 setup and Consulting, has launched Terminal Cost Overview as part of its suite of solutions for currency traders.

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.

David Hatton Joins EuroCCP as Its New Chief Technical Officer

May 16, 2019

European clearing house EuroCCP has appointed David Hatton as the firm’s new Chief Technology Officer (CTO) as per the announcement made by the firm yesterday. He is replacing Albert Jan Huizing as CTO but will work in co-capacity as CTO until Albert resigns from the post at end of June to ensure a smooth transition. Albert has been with EuroCCP since it was founded in 2007 making him one of the oldest employees of the firm.

Markets Rebound as Trade War Concerns Ease

May 15, 2019

Asian markets managed to rebound today from a three-and-a-half month low and oversold levels as President Trump continued his tweets on Tuesday, claiming tariffs had rebuilt America’s steel industry and criticizing Beijing for walking away from a deal. China on Monday announced it would impose higher tariffs on $60 billion of U.S. goods.

Ayhan Gurcuoglu Joins CFH Clearing as New VP of International Sales

May 15, 2019

CFH Clearing, a popular prime of prime broker based out of UK has appointed Ayhan Gurcuoglu as its new Vice President of International sales according to report released by the company yesterday. Prior to his role as Vice President at CFH clearing, Ayhan served as financial markets expert for the Turkey region at UK based forex broker houses – Starters Global Markets and Sucden Financial Limited.

Stock Markets Rebound, AUDUSD Outperforms

May 7, 2019

Asian markets rebound today after yesterday’s plunge as traders keep an eye around the US-China trade developments after US President Trump threatened to more than double tariffs on US$200bn in Chinese imports from 10 percent to 25 percent. The Nikkei225 lost 1.51 percent to 21,923 as it reopens after the 10-day break.

UK Based Sucden Financial Ltd Is Amping up its eFX Sales Division

May 6, 2019

Sucden Financial Ltd is a UK based broker famous for its derivatives and forex services. The company has been active for more than four decades and is one of the ring-dealing members at the London Metal Exchange (LME) giving them access to major global exchanges which enables the company to offer their clients with fast, direct access to worldwide electronic markets.

UK GMI COO John Taylor Resigns to Pursue Career Away From FX Industry

May 6, 2019

According to GMI UK’s latest filing with UK companies house, Mr. John Dean Taylor has resigned from his post as Chief Operating Officer of the firm as of last Friday. He has been serving as COO for the brokerage since January 2018 and contributed a great deal toward increasing the company’s revenue during his tenure as COO in the company.