risk management Archives - The Industry Spread

MetaTrader 5 Expands Further Across the Globe

October 12, 2019

MetaTrader 5 expands further across the globe. MetaQuotes, home of the world’s most popular retail trading platform, has already announced four new partnerships in October: BORSA prop trading company, European investment firm and liquidity provider AAATrade, VIPTRADE, and AETOS.

DGCX signs MoU with Multi Derivatives Exchange Nepal

July 22, 2019

The Dubai Gold & Commodities Exchange (DGCX) and the Multi Derivatives Exchange Nepal (MDX), a proposed derivatives exchange in Nepal that has applied for a regulatory license from SEBON to operate a commodities and derivatives exchange, today announced the signing of a Memorandum of Understanding (MoU), agreeing to collaborate and share knowledge on areas of mutual benefit surrounding commodity trading. DGCX and MDX will host workshops and meetings to further the scale of the alliance and promote strong cooperation between the exchanges.

Stater Global Market to Shutdown over Funding Issue with Parent Company

June 3, 2019

London based prime of prime brokerage service provider Stater Global Markets made an announcement earlier today stating that it is closing down its business as its parent company SBL holdings decided to stop funding the operations of the firm. Stater Global Markets is owned by Stater Holdings, which was recently renamed into Stater Blockchain Limited Holdings (SBL Holdings).

Beeks Scales Retail Offering By Acquiring US-Based CNS for $1.4m

May 17, 2019

Beeks Financial Cloud Group has acquired the assets of Commercial Network Services; a US-based online service provider specialized in hosting low latency algorithmic trading systems, virtual private networks, and streaming media from data centers in London, New York, and Los Angeles.

Decentralised Bank BABB Hires Dr. Demetrios Zamboglou as New COO

May 15, 2019

Dr. Demetrios Zamboglou has joined BABB – a UK-based decentralised bank as its new Chief Operating Officer. Prior to BABB, Zamboglou was Chief Operating Officer at ICON Capital Reserve – a UK-based Fintech Company which focuses on synergizing the value of gold with blockchain technology. BABB has announced that their intention is to create a “bank for everyone” and “world bank for the micro economy”.

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.

NSEIT Announces Acquisition of Global Cybersecurity Company, Aujas

May 1, 2019

Mumbai, March 22, 2019: NSEIT, a wholly owned subsidiary of NSE, today announced acquisition of a global cybersecurity company, Aujas Networks Limited (Aujas) to further strengthen its cybersecurity offerings. NSEIT will help Aujas scale its services and capabilities, with a strong focus on helping customers stay ahead of IT security challenges. Aujas founded in 2008, provides information security consulting and IT risk management services with operations in India, Middle East and North America.