ETX Capital to OvalX rebrand
May 30, 2022 BY Steffy Bogdanova

ETX Capital rebrands as OvalX

OvalX announced the new branding over a LinkedIn post showcasing the change of the brand. The announcement said: Having delivered trustworthy service our customers can rely on for decades, we’ve made sure any changes we introduce don’t affect the services our customers you know and love. As the next step in our evolution, we’ve changed…

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Acquisition
May 30, 2022 BY Steffy Bogdanova

Huobi Global expands in Latin America with Bitex acquisition

Caleb Lim, Senior Investment Manager at Huobi Group, added: Currently, only about half of Latin American’s population own bank accounts. Through this acquisition, Huobi Global hopes to meet this growing appetite for alternative financial services through blockchain technology. We intend to add more local fiat currencies and work with local partners to expand our ecosystem…

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Centroid Solution integrates with FTX
May 30, 2022 BY Steffy Bogdanova

Centroid Solution’s connectivity engine integrates with FTX

The firm also said that Centroid clients can establish connections to FTX from the Centroid Bridge engine and gain access to a wide variety of crypto trading products. Cristian Vlasceanu, CEO of Centroid Solutions, commented: The connectivity to FTX is one of many integrations and functionalities that we have been working on, as we look…

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GCEX crypto offering
May 27, 2022 BY Steffy Bogdanova

GCEX expands crypto offering with 18 new tokens

The increasing demand for its modular end-to-end plug and play trading platform for digital assets and FX is driving GCEX’s fast growth seen lately. The firm’s ‘Crypto In A Box’ plug and play solution includes a technology-agnostic platform which covers regulation, custody, safety of funds, liquidity and technology (both backend and frontend). Earlier in April,…

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Freetrade
May 27, 2022 BY Steffy Bogdanova

Freetrade sees a jump in revenue to £12.7 million in FY21

The number of registered users also rose significantly during FY21, with 637,895 new traders on the platform. The year ended with a total of 886,743 users and 256% increase compared to FY20. Freetade also revealed that by the end of 2021, the numbers of users surpassed 1 million. The firm recently announced raising £30 million…

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Capex and Web 3
May 26, 2022 BY Steffy Bogdanova

Fintech under Web 3 and decentralized finance

Due to these advantages of the DeFi systems, Web 3.0 can make the onboarding process more user-friendly. It can also make the storing of data safer. The list of contributing technologies to Web 3.0 can help fintechs automate processes to perform customer journey mapping and allocate resources more efficiently to meet client demands, facilitate better…

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Market Analysis
May 26, 2022 BY Steffy Bogdanova

Daily market commentary: European markets followed the global neutral trend on Thursday following a mixed opening

European Shares European markets followed the global neutral trend on Thursday following a mixed opening, as traders digest the latest macro developments. Investors welcomed the minutes of the last FOMC meeting yesterday, especially after it indicated the Fed could be less aggressive than initially expected, by changing the pace of its current hawkish approach if…

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TFB Toolbox
May 26, 2022 BY Steffy Bogdanova

Tools for Brokers introduces TFB Toolbox for plugin management

The TFB Toolbox acts as an admin portal which allows clients to do all the work with their TFB plugins and applications in a single user interface. TFB currently offers Credit Management, Dynamic Leverage Changer, and Group Exact Copier. The firm highlighted that it will be adding more plugins and role-based access, and continue to…

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