Ziglu teams up with ClearBank to expand banking offering
June 08, 2022 BY Steffy Bogdanova

Ziglu teams up with ClearBank to expand banking offering

With this partnership, Ziglu’s end-customers can take advantage of safeguarded accounts that the ClearBank’s platform gives them. ClearBank payments are cleared in-house and funds, held securely at the Bank of England, are not used for investment purposes. According to the official announcement, the two firms are currently exploring a future phase of the partnership to…

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June 08, 2022 BY Steffy Bogdanova

Maxigrid clients will get compensation by CySEC under ICF

That was until last February when Maxigrid’s license was withdrawn by CySEC. According to the regulator, the broker violated multiple mandatory compliance rules that led to the cancellation of its license. In the latest announcement, the Cypriot watchdog noted that the broker “unable to meet its obligations arising out of investors' claims and has no…

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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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