May 25, 2023 BY Steffy Bogdanova

Daily Report: GBP/USD Continues to Navigate Deeper Waters

GBP/USD Direction Given the scope to post additional underperformance, GBP/USD is likely to cross beneath H1 support from $1.2356 and target $1.23, followed by daily support mentioned above at $1.2272. A H1 close lower, therefore, could ignite breakout selling. (Chart: TradingView) Last week's report: Daily Report: Commodities displaying bearish tone... Read More Disclaimer: The information…

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May 24, 2023 BY Steffy Bogdanova

OKX applies for DASP license in France

According to the official announcement, France has turned into a European hub for OKX because of its transparent regulatory framework, as well as its high concentration of crypto enthusiasts and experienced traders, and the qualified workforce available. Over the years, OKX has grown its international compliance team and has worked on further developing its approach…

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Acquisition
May 23, 2023 BY Steffy Bogdanova

Mizuho expands in US with acquisition of Greenhill

Jerry Rizzieri, President and CEO, Mizuho Securities USA, said: Greenhill is a proven industry leader, and its team has led many of the largest and most complex transactions for clients globally, across a wide range of sectors. Mizuho is committed to the expansion of its investment banking platform, and we are excited for the Greenhill…

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May 23, 2023 BY Steffy Bogdanova

FD Technologies sees 12% surge in revenue to £296 million in FY23

FD Technologies also saw a strong performance by its divisions KX and First Derivative. KX’s revenue reached £80.2 million, up by 25% from the previous year. The firm also noted that 72% of the revenue came from recurring clients. The First Derivative segment generated £174.3 million, demonstrating a substantial increase of 18%. Both divisions exceeded…

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May 23, 2023 BY Steffy Bogdanova

ASX names Tim Whiteley chief information officer

Whiteley has led the ASX’s CHESS Replacement Solution Design work since November 2022 after the company decided to reassess its CHESS replacement project. Lofthouse noted that Whiteley’s appointment further provides continuity of technology leadership for CHESS replacement. He will continue to lead the CHESS replacement until he has selected a new leadership team for the…

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May 23, 2023 BY Steffy Bogdanova

BNY Mellon expands offering on LiquidityDirect

Adam Vos, CEO of BNY Mellon Markets & Execution Services, said: Throughout market cycles, the global demand for liquidity remains paramount for all market participants. A critical component to meeting clients' needs is providing integrated access from a single source to an array of liquidity solutions. We have built—and now significantly enhanced—our LiquidityDirect platform to…

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