Another industry move we learned about today within the London brokerage scene has seen Mr. Michael Herron get appointed as a director of ThinkForex in London. ThinkForex is a trading name of TF Global Markets (UK). According to Mr. Herron's LinkedIn he has six years of experience at City Index serving as Global Head of Legal and…
Read moreInternational provider of financial information services Markit Ltd (NASDAQ:MRKT) today announces that Santa Fe-headquartered Thornburg Investment Management (TIM) has selected its enterprise data management (EDM) solution. TIM, a global investment firm with $56 billion in assets under management, will implement Markit EDM to address data quality and governance issues in the firm’s legacy applications and…
Read moreIn an official filing today we learned that FCA authorised and regulated, Z.com Trade, part of the GMO CLICK Group, has seen the departure of Finance Manager Liam Bonfield. Previous FX industry experience prior to Mr. Bonfield's role at Z.com has seen him serve as Middle Office Manager at London Capital Group (LCG) from January 2012 to October 2013…
Read moreNew online brokerage firm Tradovate, LLC announces today that the company is now launched and accepting business. Tradovate offers flat-rate membership fees, getting rid of the industry-standard commission structure. Its cloud-based platform is accessible from any device, operating system or browser. Tradovate is also offering a two-week free trial to enable prospective clients to use the…
Read moreAfter signing a three-year software license agreement with Banclogix in December last year, Hong Kong Forex broker KVB Kunlun Financial Group Ltd (HKG:8077) today announces an expansion of the partnership via a new deal - New Information Technology Services Agreement. The term of the new deal is from April 19, 2016 to December 31, 2018, both…
Read moreYesterday saw 11 teams showcase their innovative tech proposals at a Demo Day concluding the third London cohort of the Barclays Accelerator, the program which seeks to bolster fintech start-ups. This time, the Barclays Accelerator also included an internal Barclays PLC (LON:BARC) team, Smart Contract Templates. The Barclays internal team produced a blockchain-inspired prototype that…
Read moreLCH.Clearnet is about to change the account fee terms SwapClear and ForexClear. Effective May 1, 2016, SwapClear and ForexClear are moving to a semi-annual billing cycle for Asset Segregated and additional Client accounts. The existing annual account cost and account volume discount remains unchanged. A semi-annual account fee will be charged for the six-month period…
Read moreFinancial services technology provider FIS (NYSE:FIS) and The Clearing House Payments Company L.L.C. (TCH) have joined their forces to develop the United States’ first-of-its-kind, real-time payments system, available to all financial institutions nationwide. The companies are getting ready to launch a pilot with early-adopter financial institutions, initially focusing on the bill payment use case, using…
Read moreRetail forex broker Saxo Bank has taken a big step in growing its presence in mainland China, several months after the Copenhagen-based company first established an office in Shanghai. Saxo Bank announced today a tri-party agreement with Wallstreet CN and LeanWork. The users of Wallstreet CN, one of the most popular financial content providers in Greater China, will…
Read moreNorth American Derivatives Exchange, Inc. (Nadex), part of IG Group Holdings plc (LON:IGG), has just released an update to its mobile application for Android gadgets, with the enhancements including easier work with documents and improved search. The latest version of the solution (2.1.2) offers users to: • Securely upload of application documents directly from the…
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