Amy Wu To lead Ventures, gaming, M&A and commercial initiatives, the company has hired Amy Wu. She comes to FTX from Lightspeed Venture Partners, a $10 billion multi-stage venture fund. While there, she led crypto and gaming investments, including the fund’s investment in FTX. She previously served as an executive at Discovery, Inc., a global…
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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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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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New appointments Swissquote also revealed that Michela Pollini and Jack Rawlings have been appointed as Executive Directors. Their appointments aim to ensure the continuity and stability of business development as well as the firm’s expansion on UK territory following the CEO’s departure. Marc Burki, said: The UK office will remain a key pillar for our…
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Howard Carr, Chief Executive Officer of Sheer Markets, says: As an entity regulated by CySEC, we strive to provide the highest quality services to our clients. Therefore, we are constantly looking for trustworthy partners who share our philosophy. We searched for a suitable liquidity provider for a long time and finally decided to cooperate with…
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Prior to that, Baumann spent three years at Bank of America Merrill Lynch. He served as a Managing Director there and was focused on advising private equity firms on European investments and specifically on investments in German-speaking Europe. Baumann also spent 10 years at Deutsche Bank. He joined the company as an Associate and reached…
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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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Luxembourg office Alpha FX revealed its plans to open a Luxembourg office in October following the launch of its alternative banking platform. The company expects to fully establish this office later in the year and gain the necessary regulatory approval and support the needs of its growing client base within the country. Until then, Alpha…
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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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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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