The sale of shares to CITIC Securities represents 60% of the 2,000,000,000 KVB shares in current issue of KVB Kunlun, with CITIC Securities providing an offer of HK$780,000,000 for the transaction
Read moreGAIN Capital's final quarter of 2014 shows a vast increase in revenues over the last quarter of 2013, with a net revenue of $114.7 million, up 37%, and a net income of $17.6 million, up 309%. The full year figures, also announced today, paint a healthy picture for the firm
Read moreProject High Line aims to solve the problem of having to place trust an exchange or intermediary. On-Blockchain Settlement is a shift from the status quo on Wall Street, allowing market participants to have full visibility behind trade settlement with tangible access to moving their assets 24/7
Read more“The recent SNB events have been a catalyst for even more brokers to join Bullion Capital, keen to broaden their portfolio and increase their revenue streams. Of course, we are delighted with this surge in broker uptake and look forward to continued success in 2015, which is set to be an exceptional year for Bullion Capital with numerous exciting announcements in the coming months.” - Tom Coughlin, CEO, Bullion Capital
Read moreCFH Clearing senior executive Nick Mortimer and CFH Systems' Regional Director Fernando Andrade speak candidly to LeapRate about the need to take FX liquidity and prime brokerage solutions to new and exciting markets, and, importantly, how to go about it successfully in terms of execution model, cost, and order flow management
Read moreThe capital control laws which banned the vast majority of FX trading between banks in Ukraine were lifted just hours after implementation, and now the Ukraine awaits the the first disbursement under a $17.5 billion IMF bailout. The IMF has declared that it is ready to assist Ukraine with its foreign currency issues
Read moreQuotix, a fintech company specializing in intelligent trade execution and management for the FX industry, has implemented Azul Systems’ Zing in order to eradicate Java garbage collection (GC) issues and latency outliers. Daniil Volkov, Quality Assurance Lead at Quotix explains: “Quotix regularly runs various tests to study system behaviour during high volatility and identify system…
Read moreGAIN Capital COO Jeffrey Scott exercised his right to buy 45,000 units of stock via the firm's stock options policy, and sold them as units of common stock on February 23, resulting in a profit of $45,000
Read moreWithdrawals from LQD Markets are still frozen, and Baker Tilly further states that it is likely that there will be a deficit in client funds, and that the reconciliation process that is currently being carried out will identify in due course the full extent of such a deficit
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