November 09, 2022 BY Steffy Bogdanova

Capital.com selects Integral’s SaaS FX technology solution

Harpal Sandhu, CEO, Integral, commented: Our cloud-based SaaS offering has been built with our customers in mind and enables them to grow and outperform their competition. We’re very pleased to be working with Capital.com and further expanding our client base in the broker segment. Available at a fixed subscription cost, Integral’s SaaS technology allows platforms…

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Euronext
November 09, 2022 BY Steffy Bogdanova

Euronext FX trading volumes drop 15% MoM in October

The average daily volume in FX for last month came in at $21.5 billion. Compared to September’s $24.2 billion, this was a 11.1% MoM drop. Total Cash Market numbers in October stood at $206.8, down by 9% compared to September 2022. On yearly basis, the exchange saw a 19% decrease. Derivatives markets on Euronext also…

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November 08, 2022 BY Steffy Bogdanova

Integral ADV falls 10.7% MoM in October

Compared to October 2021, ADV decreased 9.5%. Integral provides cloud-based SaaS FX workflow solutions for a variety of buy-side FX market participants, such as banks, brokers, asset managers, and hedge funds. Last month, Judy Goh joined the firm as Managing Director and Head of Sales for Asia Pacific. Integral also expanded its sales team with…

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ASIC ban
November 08, 2022 BY Steffy Bogdanova

FX Ponzi scheme operator pleads guilty in a $180 million fraud case brought by ASIC

According to ASIC, the Courtney House companies convinced investors that their funds would be traded in Forex and Futures markets, however, only 3% of those funds were actually traded. Instead, the amounts paid to investors on monthly basis, came from the deposits of new investors. The Australian regulator stated: In addition to offering purported ‘standard’…

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November 08, 2022 BY Steffy Bogdanova

Daily market commentary: the US dollar regains some momentum in relation to other major currencies

European Shares Shares drifted moderately lower in Europe on Tuesday, alongside US Futures and following a mixed Asian trading session. Market sentiment remains uncertain this week as traders brace for another batch of macro developments such as today’s US mid-term elections and EIA Short-term Energy Outlook, while the crucial CPI report looms on Thursday. In…

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November 08, 2022 BY Steffy Bogdanova

ThinkMarkets CFO Harshad Kale steps down

Earlier this year, ThinkMarkets entered the Japanese market with the launch of its mobile app ThinkTrader, following the acquisition of a Japanese financial services entity which provided the brokerage with a license to operate in Japan. According to his LinkedIn profile, Kale joined Cavendish Renewable Technology, an Australian renewable energy company, producing “green hydrogen”, as…

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Acquisition
November 07, 2022 BY Steffy Bogdanova

PayPoint acquires Appreciate Group in a £83 million deal

He believes that the acquisition will strengthen PayPoint’s digital payments offering. Wiles added: More specifically, the proposed acquisition would jointly target growth in three broad areas: prepayment saving through Park Christmas Savings to support customers with budgeting tools for Christmas and other events; an enlarged full-service offering for gifting, employee rewards and benefits to Appreciate…

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