April 24, 2014 BY Andrew Saks-McLeod

Indian operations canned as Alpari heads towards IPO

Alpari has exited the Indian market, closing its Mumbai office in the advent of its anticipated 2015 IPO, with former CEO Pramit Brahmbhatt moving to pastures new Hot on the tails of the many large retail FX firms which engaged in a series of high-value mergers, acquisitions and initial public offerings (IPO) last year is…

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April 23, 2014 BY Gerald Segal

Liquid Holdings Announces Board Transition - Co-Founder Steps Down

The company has already initiated a search to fill Mr. Ferdinand's seat on the Board of Directors Liquid Holdings Group, Inc. (Nasdaq:LIQD), a provider of a single platform that integrates order, execution, and risk management as well as reporting and shadow NAV in the cloud for the financial services community, today announced that co-founder Brian…

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April 23, 2014 BY Andrew Saks-McLeod

TD looks to join top ranks of institutional FX, hires Adam Steiner from rival RBC

Toronto Dominion Bank primes its FX operations with the recruitment of Adam Steiner as Head of Institutional Sales, representing the second senior-level appointment this month The lack of presence within the global FX industry among Toronto's financial institutions is more than compensated for by the city's tradition of high-quality business ethics and stable financial markets…

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April 23, 2014 BY Andrew Saks-McLeod

Big banks merging Gold trading into their Forex operations

As commodities desks within large banks shrink, the use of high technology has driven a trend toward integrating interbank gold trading with FX desks Just how compatible is the long-established world of physical commodities with the highly liquid FX business? According to a report today by Reuters, a necessity has arisen within interbank gold dealing…

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April 23, 2014 BY Andrew Saks-McLeod

Bitcoin heads for mainstream venues as Atlas ATS partners with National Stock Exchange

With the dreams of many investors wishing to circumvent the traditional financial markets system by trading Bitcoin on virtual exchanges severely damaged, Bitcoin venues partnering with established stock exchanges may restore the faith. Despite the nerve-wracking journey which Bitcoin has taken recently, America's virtual currency advocates are making almost daily progression toward integrating it into…

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