John Leffler and Chris Seaman join Macrobond to support growth in the Americas and UK LeapRate

Macrobond appoints John Leffler as Vice President Americas and Chris Seaman as Regional Managing Director UK

March 15, 2021 BY Steffy Bogdanova

John Leffler and Chris Seaman join Macrobond to support growth in the Americas and UK

Prior to Macrobond, Leffler served as Vice President and Global Head of Venue Sale at Donnelley Financial Solutions, a leading global risk and compliance solutions company. Before that he worked at FactSet Research Systems for 17 years in various senior roles, including Sales Manager for SCG sales when he managed teams that oversaw the development,…

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ASIC

March 12, 2021 BY Steffy Bogdanova

ASIC places additional licence conditions on AxiCorp

AxiCorp’s licence also requires the company to provide ASIC with attestation from a senior executive within the firm. They must confirm that they are satisfied that AxiCorp has undertaken all necessary remedial actions and that it has in place adequate compliance measures to ensure that it and its representatives comply with financial services laws. If…

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daily market analysis

March 12, 2021 BY Steffy Bogdanova

Daily market commentary: The US dollar is back on the front foot

GOLD As the week draws to an end the scenario for gold has swiftly changed, as the renewed strength of the greenback has seen a drop in the yellow metal to the key level of $1,700. Bullion has now lost almost all gains achieved earlier this week. Moreover, the bullish momentum seen on Wednesday and…

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Andrew Cockburn appointed TC ICAP’s Regional Sales Manager for Japan

March 12, 2021 BY Steffy Bogdanova

Andrew Cockburn appointed TC ICAP’s Regional Sales Manager for Japan

In his new role, Andrew will add value to Japan-based clients by efficiently rolling out new and existing solutions designed to tackle the everyday obstacles that often arise within modern-day commodity, financial and energy markets. Cockburn will support the company’s transition into new Risk Free Rates, and provide solutions and clearer trade transparency for clients…

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Forex Weekly Look Back

March 12, 2021 BY Steffy Bogdanova

Forex Weekly Look Back: IG Group revenue jumps 65% in Q3, FP Markets launches Social Trading platform

Avelacom, the low latency connectivity, IT infrastructure and data solutions provider for global financial markets, has revealed it has become a connectivity provider for the LME, supporting LME members to use cross-market trading strategies more efficiently. Avelacom’s global coverage includes most developed market exchanges, such as CME, with a focus on emerging markets, including exchanges in…

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Acquisition

March 12, 2021 BY Steffy Bogdanova

IHS Markit to merge with S&P Global

Lance Uggla, Chairman and CEO of IHS Markit commented: We are delighted by the overwhelming shareholder support of this strategic merger. We remain focused on bringing together two great companies for the benefit of our customers, employees and shareholders. The proposed agreement mandates that each share of IHS Markit common stock will be exchanged for…

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Kari Stadigh

March 11, 2021 BY Steffy Bogdanova

Saxo Bank’s shareholders elect Kari Stadigh as Chairman of the Board

Kim Fournais, CEO and founder, commented: We are very proud that Kari Stadigh, one of the most renowned and respected leaders in the financial industry, will join the Group as our new Chairman. With his deep knowledge of the market and exceptional track record, we are well-positioned to execute on our strategy and further scale…

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Avelacom to provide low latency connectivity to the London Metal Exchange

March 11, 2021 BY Steffy Bogdanova

Avelacom to provide low latency connectivity to the London Metal Exchange

With the new partnership, trading firms using Avelacom’s network, firms benefit from low latencies between LME and other global commodity markets, connecting to market data and executing trades for all instruments across multiple commodity markets via a single cross-connect established at Interxion, the LME’s primary data centre. Aleksey Larichev, CEO of Avelacom said: Avelacom’s network…

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IG Group

March 11, 2021 BY Steffy Bogdanova

IG Group revenue surges 65% in Q3 2021

June Felix, Chief Executive Officer commented: I am delighted with the excellent results and progress we have made towards delivering on our strategic goals. The continued performance from the Significant Opportunities portfolio has been remarkable, and we anticipate substantially achieving the revenue target of £160 million one year ahead of plan. The Group is also…

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daily market analysis

March 11, 2021 BY Steffy Bogdanova

Daily market commentary: The euro is on its third consecutive session of gains against the dollar

GOLD The dollar’s decline following the approval of the $1.9 trillion stimulus package and weaker than expected inflation has lifted the gold price and removed some of the recent fears about bullion. The price reaction was remarkable with gold jumping above $1,730 and moving the short-term momentum back into positive territory, a move that has…

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