January 13, 2022 BY Steffy Bogdanova

Coinbase acquires derivatives exchange FairX

Coinbase confirmed its plans to offer crypto derivatives and make the derivatives market more approachable for its retail customers. The official announcement said: Through this acquisition, we plan to bring regulated crypto derivatives to market, initially through FairX’s existing partner ecosystem. Following its announcement, Coinbase explained in a tweet that adding derivatives trading to its…

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Acquisition
January 13, 2022 BY Steffy Bogdanova

Tradovate acquired by NinjaTrader in a $115 million deal

Tradovate founder Rick Tomsic Following the acquisition, NinjaTrader’s Executive Team will welcome Tomsic as its Chief Strategy Officer. He will play a key role in developing the strategy for continued transformation of the futures industry. Tomsic will also serve on NinjaTrader’s Board of Directors. Martin Franchi, CEO of NinjaTrader Group, LLC, commented: NinjaTrader’s and Tradovate’s…

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Swissquote
January 13, 2022 BY Steffy Bogdanova

Swissquote pre-tax profit surges 111% in 2021

Pre-tax profit came at CHF 223 million in 2021. This represents a 111.2% jump from CHF 105.6 million in 2020. Customer growth Swissquote highlighted that the record results for the year were driven by customer growth and organic net new money inflow of CHF 9.6 billion, higher than previous year’s CHF 5.3 billion. Moreover, client…

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January 12, 2022 BY Steffy Bogdanova

FIA Tech opens a new office in UK

Ten leading clearing firms invested $44 million in FIA Tech in2021 to fund the strategic growth of the company. The company has been investing in the further development of its existing products and in new solutions to improve market infrastructure across the listed and cleared derivatives industry. FIA Tech announced plans to strengthen its positions…

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January 12, 2022 BY Steffy Bogdanova

CAPEX.com appoints Andreas Lambrou as group CFO

Prior to CAPEX.com, Lambrou served as Group Head of Accounting and Finance at HF Markets for over 5 years. He has also worked for companies licensed by DFSA in Dubai and FSC in Mauritius. Lambrou has experience in corporate reporting for publicly listed businesses. During the past year, CAPEX.com has launched several solutions from its…

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January 12, 2022 BY Steffy Bogdanova

Equiti Group hires Benjamin Susanna as Head of Client Retention

Benjamin Susanna, Head of Client Retention, commented: Every client is highly valued at Equiti and I’m very excited at the opportunity to develop a client engagement and retention strategy that will allow our clients to feel like a VIP. In today’s global environment, traders are spoilt for choice with the large number of global brokers…

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Swissquote
January 12, 2022 BY Steffy Bogdanova

Swissquote announces acquisition of Keytrade Bank Luxembourg

Marc Bürki, CEO of Swissquote, said: With the acquisition of Keytrade Bank Luxembourg we will strengthen our European expansion. Moreover, we will continue to develop our service offering to suit the needs of institutional as well as private clients in Luxembourg and the European Union. We will bring together the strengths of both institutions –…

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Acquisition
January 12, 2022 BY Steffy Bogdanova

United Fintech buys a 25% stake in Athena Systems

He commented: From early conversations with founders Luis Otero, Steano Guarnieri and Scott Sykowski, key staff as well as core clients, it was clear to us that Athena Systems has amazing technology, world class people and in-depth technical understanding of their customers’ needs. Making Athena part of United Fintech felt like a great match from…

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Virtu Financial
January 11, 2022 BY Steffy Bogdanova

Virtu Financial warns against crypto scams

Virtu continued: If you have been contacted by any person(s) purporting to be acting on behalf of or in connection with Virtu to trade cryptocurrency, be aware that these individuals are not authorized representatives of Virtu. The company also noted that victims of such fraudulent actions can contact their local FBI office. Virtu Financial highlighted…

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