December 28, 2022 BY Steffy Bogdanova

FX Back Office integrates with Match-Trader platform

The integration allows brokers using FX Back Office services with offer their clients the Match-Trader platform. Earlier this year, Match-Trade Technologies launched Match-Trader full server solution offer. Brokers can easily integrate the solution into their current setup. The integration provides traders with multiplatform support and more flexibility in their offerings. Vasily Sokolov, Chief Technology Officer…

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Cornerstone revenue
December 23, 2022 BY Steffy Bogdanova

Cornerstone FS announces sale of Avila House

The Group acquired Avila in October 2020 to secure a Small Electronic Money Institution. The company’s primary operating subsidiary, Cornerstone Payment Solutions Ltd. (formerly FXPress Payment Services Ltd.) gained approval from the Financial Conduct Authority (FCA) as Authorised Electronic Money Institution in August 2021, which replaced the more limited license of Avila. According to the…

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FTX
December 23, 2022 BY Steffy Bogdanova

CySEC extends license suspension on FTX until March

The Cypriot regulator initially suspended the license of the crypto exchange on 11 November 2022 following its collapse. This came only two months after FTX obtained approval from the Cyprus financial market regulator allowing it to offer company products and services to European clients. CySEC noted that during the suspension, the exchange is not permitted…

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B2BinPay
December 22, 2022 BY Steffy Bogdanova

B2BinPay launches new website and pricing plan changes

Website update The new B2BinPay website new design features multiple pages, each dedicated to different products and services. The new design features a comprehensive guide to On-Chain and Off-Chain transactions. On-Chain transactions are executed on the blockchain, requiring verification by other network users. These transactions have no commission fees, but associated blockchain fees still apply.…

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Daily Market Commentary
December 22, 2022 BY Steffy Bogdanova

Daily market commentary: The US dollar index approaches a six-month low

European Shares European markets are set for another bullish trading session after gains were registered shortly after the opening bell on Thursday, extending the trend spotted in Asia overnight as well as on US futures. This week’s bullish sentiment lingers after yesterday’s reassuring US consumer confidence data and the recent declaration from Chinese regulators, pledging…

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Cboe
December 22, 2022 BY Steffy Bogdanova

Cboe names Vikesh Patel President of Cboe Clear Europe

Prior to that, Patel was a Chief Operating Officer at LCH, where he focused on strategy, risk management and the development of new products for the clearing organisation's EquityClear and RepoClear businesses. Additionally, Patel has also held global executive roles at Goldman Sachs and Morgan Stanley, focusing on market infrastructure and post-trade strategy. His career…

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December 22, 2022 BY Steffy Bogdanova

Mads Dorf Petersen appointed as Saxo Bank CFO

Having joined the bank in 2009, Mads Dorf Petersen has held various leadership roles within finance including Head of Business Planning and Analysis and Deputy Head of Group Finance. Most recently, he served as Head of Commercial Finance at Saxo. Mads Dorf Petersen, CFO commented: I am excited and proud to take on this role,…

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Monex Europe new hire
December 21, 2022 BY Steffy Bogdanova

Tim Philip joins Monex Europe as Global Operations Director

Philip brings more than two decades of experience to Monex Europe. Most recently, he served as Global Chief Operating Officer at fintech Salary Finance Ltd, where he spent seven years. Moreover, Philip helped found the firm and as COO, he spearheaded team-led developments across the business scaling it up. Additionally, he also worked in senior…

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