January 18, 2022 BY Steffy Bogdanova

Skilling raises €10 million in latest funding round to fuel growth

Future growth According to the original announcement shared with LeapRate, Skilling intends to use its fresh capital to accelerate the recruiting of talent and further bolster its trading technology. The company’s goal is to offer simple, yet robust technology allowing customers to navigate their trading and investments throughout the customer’s financial life. Skilling’s long-term vision…

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January 17, 2022 BY Steffy Bogdanova

LCH reports record clearing volumes in 2021

LCH services continued to support transitional to risk-free rates (RFRs) during the past year. SwapClear, LCH’s interest rates derivatives clearing service, converted more than $35 trillion of a notional in the fourth quarter of 2021. SwapAgent saw 10,186 trades in 2021, which represents a 489% year-on-year increase. RepoClear processed €195 trillion of nominal across 9.4…

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Duncan Beattie and Duncan Connellan join Barclays Australian investment banking unit
January 17, 2022 BY Steffy Bogdanova

Barclays hires Duncan Beattie and Duncan Connellan to bolster its Australian investment banking unit

In their new roles at Barclays, Beattie and Connellan will be based in Sydney and report to Richard Satchwell, Country CEO and Head of Investment Banking, Australia. Richard Satchwell, Country CEO and Head of Investment Banking, Australia, said: Duncan Beattie and Duncan Connellan are outstanding additions to our Investment Banking team. Their deep industry relationships…

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Saxo Bank
January 17, 2022 BY Steffy Bogdanova

Saxo Bank introduces fractional amounts for CFD indices

Additionally, Saxo’s most popular Index CFDs including US500 (S&P 500 Index), USNAS100 (Nasdaq 100 Index) and US30 (Dow Jones Industrial Average) are tradable for longer. They have been extended by 1 hour and 1 minute. The extension allows traders to allowing traders to react to events which occur both before and after the exchanges open…

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ASIC
January 17, 2022 BY Steffy Bogdanova

ASIC warns about risk in crypto investment when using SMSF

Crypto-asset investment ASIC reminded investors to consider the risks before using their SMSF to invest in crypto-assets. Trustees of SMSF bear responsibility for the fund’s decisions and for legal compliance. The regulator recently warned the public about an increase in scams involving crypto-assets. ASIC said in the official warning: If you decide to set up…

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January 14, 2022 BY Steffy Bogdanova

Finalto appoints Alex Wijaya as Asia Sales Director

Wijaya brings more than a decade of experience working in forex to his new position at Finalto. In the previous five years, he played a key role in the expansion of Axicorp’s Asia Pacific business. Before that, he handled high net worth clients at CMC. Alex Mackinnon CEO Finalto Asia, comments, We’re delighted Alex is…

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NAGA Group
January 14, 2022 BY Steffy Bogdanova

NAGA Group revenue reaches €55.3 million in 2021

Launch of NAGAX NAGA Group also introduced its new social trading platform focused on cryptocurrencies, NAGAX. The platform is expected to launch in the first quarter of 2022. NAGAX will provide users with Web3 social trading experience, futures and derivatives exchange and a spot exchange supporting over 700 tradable assets. In addition, the platform will…

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