Acquisition
November 02, 2021 BY Steffy Bogdanova

Paysafe completes acquisition of German company viafintech

Viafintech’s customers use their solutions for bill payments and credit pay-outs, as well as for online shopping in general. Millions of consumers in the region who don’t have bank accounts, or who simply prefer the heightened security, use eCash to pay online. Udo Müller, CEO of Paysafe’s eCash division, commented: This is a very exciting…

Read more
PrimeXM volumes
November 02, 2021 BY Steffy Bogdanova

PrimeXM posts $1.10 trillion in total trading volumes in October

PrimeXM Data Centre in London LD4 registered $877.53 billion in notional value, almost 80% of the total monthly volume. The Data Centre NY4 remained in second place with $122.79 billion in monthly trading volume. TY3 reached $99.35 billion in October. The newly established SG1 data center, processed $359 million. XAUUSD remains consistent as the favouruite…

Read more
FXSpotStream
November 02, 2021 BY Steffy Bogdanova

FXSpotStream sees $50.4 billion ADV in October

The overall volume registered a 23.86% YoY increase compared to the same period last year. FXSpotStream’s ADV YTD rose 14.63% to $48.665 billion last month when compared to October 2020 The October ADV numbers are based on 21 trading days. Earlier in October, FXSpotStream launched a new microsecond low-latency architecture, designed to deliver “substantial improvements”…

Read more
Capex.com Octavian Patrascu
November 01, 2021 BY Steffy Bogdanova

Exclusive: In talks with CAPEX founder Octavian Patrascu

LR: How does CAPEX.com set itself apart from the crowd? Octavian: Automation, innovation and no commissioning are the keywords here. Because technology has sky-rocketed in recent years, traders have become hungrier for information and opportunities to make the best of what the capital market has to offer. Whether you have a past in online trading…

Read more
November 01, 2021 BY Steffy Bogdanova

Urban Angehrn becomes FINMA's new CEO

Urban Angehrn commented: I am very happy to be joining a well-run, established authority, which has gained both national and international recognition. Since it was established almost thirteen years ago, FINMA has achieved a lot and laid the foundations for safeguarding financial stability, client protection and integrity in the financial centre. Building on this, I…

Read more
NetDania adds Rasmus Bagger-Petersen to management team
November 01, 2021 BY Steffy Bogdanova

NetDania hires Saxo exec Rasmus Bagger-Petersen as CCO

Thomas Elster, Co-Founder and CEO, NetDania commented: We are super excited that Rasmus has joined NetDania. His experience over the last decade, particularly from working within a large institution, will be hugely valuable to us. This is a significant hire for us and Rasmus will play a key role in helping us to capitalize on…

Read more
acquisition
November 01, 2021 BY Steffy Bogdanova

7RIDGE to acquire Trading Technologies

Tim Geannopulos, Chairman of the Board and CEO of Trading Technologies, said: We’ve been in search of the right strategic partner to help Trading Technologies achieve the tremendous potential of our pioneering new technology platform and accelerate the expansion of the business and product roadmap. Maintaining the firm’s independence will allow us to retain the…

Read more
Moscow Exchange
October 29, 2021 BY Steffy Bogdanova

MOEX reports 18% rise in operating income in third quarter of 2021

Operating income was increased 18.2% YoY and F&C income accounted for a record 75% of operating income. Yury Denisov, Chief Executive Officer of Moscow Exchange, said: MOEX has delivered fee and commission income growth significantly ahead of our strategic targets. Key drivers of this growth include the roll-out of new products and instruments, the expansion…

Read more
ASIC
October 29, 2021 BY Steffy Bogdanova

ASIC announces regulatory guidance on crypto products

The new regulatory guidance follows ASIC’s public consultation on crypto-assets in June 2021. The new guidelines include good practices for market operators and information on admission and monitoring standards, custody of crypto-assets, pricing methodologies, disclosure and risk management. Armour added: The good practices we published provide practical examples of how these obligations may be met,…

Read more