Leading UK online spreadbetting and financial trading firm IG Group Holdings plc (LON:IGG) has just provided a trading update regarding the third quarter of its fiscal year 2016, with revenues hitting a new high, on the back of financial markets volatility. Revenues for the three months to 29 February 2016, the third quarter of IG's 2016…
Read moreTier1FX, the STP-DMA agency model broker regulated by the Malta Financial Services Authority, is pleased to announce that KPMG in Malta has been engaged to review its offering in FX and CFDs. Having examined its trading execution system and tested a representative sample of transactions in 2015, the resultant report has confirmed that these trades…
Read moreAustralian Forex and CFD broker Invast Financial Services has underlined their strategic focus on the Premium/Institutional end of the industry, with the launch of a marketing campaign targeting active traders. The firm, which is a wholly owned subsidiary of Japanese powerhouse, Invast Securities Co., Ltd. (TYO:8709), is positioning itself as the go-to broker for clients…
Read moreOnline trading services provider Monex Group, Inc. (TYO:8698) has earlier today posted its preliminary revenue metrics for February 2016, with revenues last month failing to match levels registered in January 2016 and February 2015. The broker reported monthly operating revenues of JPY 4.1 billion ($36.8 million), a result which is down 6.4% from the reading of…
Read moreAustralian CFD and FX provider FP Markets has beefed up its Sales and Management teams with two key appointments – Daniel Bent as Head of FX and Jimmy Pan as Director of Sales. Mr Bent brings with him more than 15 years of experience in the financial markets both in Australia and the UK. He…
Read moreLast week LeapRate brought first reports of a deal between little known Slovakian FinTech holding company PineByte acquiring the largest social network website of forex traders in USA based company FX Junction. PineByte bills itself as "A provider of innovative technologies in the financial sector" and will provide significant more IT resources available to the FX…
Read moreBroadridge Financial Solutions, Inc. (NYSE:BR), a provider of investor communications and technology-driven solutions to banks, broker-dealers, mutual funds and corporate issuers, today announced that it has made a strategic investment and entered into a referral, sales and marketing alliance with provider of an electronic exchange platform for global trade finance LiquidX, Inc. (LiquidX). Through the…
Read moreAfter opening a new data center in Tokyo early this month, Equinix Inc (NASDAQ:EQIX) is now making another step towards expanding its global footprint. The global interconnection and data center company today announced that it will build its fifth International Business Exchange (IBX) data center in Brazil. The new data center in São Paulo – SP3…
Read moreMarkit Ltd (NASDAQ:MRKT) and IHS Inc. (NYSE:IHS) today unveiled their agreement to merge, creating a giant in critical information, analytics and solutions. Based on the closing prices of IHS and Markit common stock on March 18, 2016, the implied equity value of the transaction exceeds $13 billion. The transaction has gained the unanimous approval of…
Read moreMoscow Exchange, or Moskovskaya Birzha MMVB-RTS PAO (MCX:MOEX), the biggest Russian venue for trading shares, derivatives and Forex, has just commented on the troubles regarding accessing its website. The website has been inaccessible for about 30 min already, with the Exchange putting the blame on tech restrictions from the registrar of the domain name. The…
Read more