IC Markets hires Andreas Skianis
June 08, 2022 BY Steffy Bogdanova

Andreas Skianis joins IC Markets as Global Head of Partners

Skianis brings extensive experience to his new role having worked for forex and CFDs brokers. Throughout his professional career, he has served several brokerage brands. Most recently, he has worked at IronFX for six months as Head Of Business Development Asia&Africa. Prior to that, he briefly worked for M4Markets as the Global Business Development Manager.…

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PayPal to allow crypto transfer to select US customers
June 08, 2022 BY Steffy Bogdanova

PayPal to allow crypto transfer to external wallets

The new feature offered by PauPal allows its customers to move cryptocurrencies from PayPal to external crypto addresses, including exchanges and hardware wallets, and send crypto to family and friends on PayPal, with no fees or network charges. Jose Fernandez da Ponte, Senior Vice President and General Manager, Blockchain, Crypto & Digital Currencies at PayPal,…

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FXall Tradeweb partnership announced
June 07, 2022 BY Steffy Bogdanova

FXall and Tradeweb Markets partner to develop emerging markets offering

Neill Penney, Group Head of FX, LSEG, commented: This new solution is a powerful example of the opportunities LSEG and Tradeweb have to create value for financial market participants.  By combining the world-class capabilities of FXall and Tradeweb, asset managers trading Emerging Markets Bonds will have access to a seamless workflow covering enhanced real-time pricing…

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CAPEX.com
June 07, 2022 BY Steffy Bogdanova

CAPEX.com trading volumes jump 143% YoY in May

In the official press release shared with LeapRate, Koullapi continued by saying that the decision to reduce the trading costs has contributed to the rise of CAPEX.com’s trading volumes. Koullapi further explained that the move has allowed the company focus on product development. She concluded: The 143% increase in trading volume we registered for May…

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Saxo Bank
June 07, 2022 BY Steffy Bogdanova

Saxo Bank sees 18% MoM rise in forex trading in May

The daily average in forex trading came in at $6.8 billion, up from the previous month’s $5.7 billion and from May 2021’s $5.0 billion. Equities registered a 30.2% MoM rise to $220.1 million last month and gained 55.1% compared to the previous year. Fixed income instruments brought in $10.7 million registering a 24.4% increased compared…

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BUX Zero launches in Italy
June 07, 2022 BY Steffy Bogdanova

BUX continues European expansion with BUX Zero launch in Italy

Additionally, BUX revealed that BUX Zero investment plan now includes fractional investing. Investors can use monthly investment plans to invest small amounts regularly, based on their financial situation and long-term goals.  They can set an investment amount of as little as €10 per plan. With fractional investing, BUX Zero users can invest in fraction of…

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CMC Markets appoints Susanne Chishti as a Non-Executive Director
June 06, 2022 BY Steffy Bogdanova

Susanne Chishti joins CMC Markets’ Board

She has previously held non-executive roles at Supply Me Capital PLC, SafeCharge International Group Limited and Kompli Global Limited. Chishti has also served in various roles with Deutsche Bank, Lloyd's Banking Group, Morgan Stanley Investment Management and Accenture. James Richards, Chairman, commented: I am delighted to welcome Susanne to the Board of CMC and we…

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Osaka Digital Exchange
June 06, 2022 BY Steffy Bogdanova

Osaka Digital Exchange set to start PTS operations on 27 June

The exchange was registered as Type 1 Financial Instruments Business Operator on 18 April and it is now accepted as a member of the Japan Securities Dealers Association, according to the official press release. The ODX shareholders include SBI PTS Holdings (70%), Sumitomo Mitsui Financial Group (20%), Nomura Holdings (5%) and Daiwa Securities Group (5%).

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