Gold Gold prices remain under pressure during early Tuesday trading, close to the multi-week minimums reached during the previous session. Despite the precious metal’s role as a hedge against inflation and haven during times of geopolitical instability - two factors that remain very much in the picture - gold prices remain subdued as the dollar…
Read more
The borker recently secured a regulatory license in Kenya in East Africa as part of its growth strategy. HotForex already rebranded its European business to as HF markets and now the company is bringing the same branding to its offshore entities in Seychelles, Kenya, South Africa and Dubai.
Read more
Cboe announced that it plans to operate the company as a subsidiary. ErisX’s Chief Executive Officer Thomas Chippas will remain as head of the digital asset business. As part of Cboe, Chippas will report directly to Chris Isaacson, Executive Vice President and Chief Operating Officer of Cboe. Thomas Chippas, Chief Executive Officer of ErisX, commented:…
Read more
Here are three concrete ways in which KYC can improve the user experience for customers and businesses alike. 1. KYC prevents financial partnerships with money-launderers Without proper customer identity checks, this can unwittingly result in a company entering into a financial exchange with criminals that have obtained the money through illegitimate means. This exposes the…
Read more
Donohue’s background She brings 20 years of experience in the financial services industry, having held a number of senior roles at State Street that covered Asset Owners in addition to other client segments and were global in scope. Donohue was also a global head of performance and analytics and head of State Street Associates, State…
Read more
Client numbers were also down Robinhood saw significant drops in client metrics, as well. Monthly active users on the platform decreased 10% to 15.9 million for March 2022, compared with 17.7 million for March the previous year. The numbers were also down 8% form the end of December 2021. The broker attributed the decline to…
Read more
Mark Govoni Govoni joins the company from Instinet where he’s worked since 2012. Most recently he served as President of U.S. Brokerage after being in the position of Head of U.S. Sales Trading. Before that, he served as Managing Director at Nomura Securities International. While there he was responsible for U.S. Execution Services. Earlier in…
Read more
Additionally, GCEX strengthened its partnerships with Tier 1 Liquidity Providers, lending counterparties and digital custody asset solutions. Lars Holst, Founder and CEO, GCEX said: 20/21 was a transformative period for GCEX and we experienced rapid growth. Our strong financial results reflect both an increase in our market share and an increased market acceptance of digital…
Read more
Sean O'Connor, CEO of StoneX, said: Through increased support from our existing bank group as well as through a number of key new relationships, we are excited to announce the renewal and expansion of this important credit facility. With the support of this expanded group of bank partners, we look forward to continuing to expand…
Read more
Equinix saw strong increases in revenue amid a jump in demand of its services. In 2022, the digital infrastructure company expanded its global presence in Munich, Chile and Peru and acquired West African data center and connectivity solutions provider MainOne. Next quarter outlook The company stated that for the second quarter of 2022, it expects…
Read more