Global Reach Group, corporate and personal foreign exchange provider, announced earlier this week hiring Tim Rudman as Chief Operating Officer. Rudman will support the company’s strategy of product, payment, and technology innovation across Europe. He joins the firm after 12 years of experience in WorldFirst (part of Ant Financial), in executive roles such as Head…
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Deutsche Börse AG published its preliminary results for the fourth quarter and the full year 2019 on Monday. The company reported the following results for the full year 2019: Net revenue reached €2,936.0 million, marking a 6% increase since last year. Of those, 5% were attributed to secular factors and 1% to consolidation. Operating costs…
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Adam Vettese, UK Market Analyst at eToro, has provided his daily commentary on traditional and crypto markets for February 19, 2020. In US stocks, Franklin Resources - the parent company of Franklin Templeton - announced that it is buying rival asset management firm Legg Mason for $4.5bn cash, in a deal that will see it…
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Panikos Kaiserlidis is the CEO of Mount Nico Corp LTD, which operates and owns eXcentral – a brand offering a three-step approach to trading. eXcentral’s goal is to train the traders of tomorrow, established on the core belief that trading should be exciting, but also understood and calculated. Panikos Kaiserlidis has previously worked as a…
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Binance Holdings Ltd., Maltese crypto trading platform, made its debut in business services by announcing its cloud operation which would allow business clients to set up their own crypto exchange. Binance’s clients will be able to use its technological infrastructure, including matching engines to risk controls and data security systems to start their own exchange.…
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The following 3M Analysis article was written by Alejandro Zambrano from ATFX. In this article, we will explore the 3M Company (ticker: MMM). You will uncover their history, business model, and why they are in the spotlight at the start of 2020. The 3M Company is a well-established conglomerate that started as the Minnesota Mining…
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Credit is an issue across the foreign exchange market, as lack of transparency in traditional operations means that institutions may be unable to manage their credit lines efficiently. Banks are looking to change the way they operate to make middle and back-office functions more efficient. Sucden Financial has announced that it has now access to…
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JPMorgan Chase & Co warned financial technology companies that they will be denied access to customer information if they do not sign new data access agreement by 30 July. JPMorgan plans to stop using customer passwords to gather the data. The U.S. bank sent a letter in late January to fintechs and aggregators with the…
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ActivTrades’ Market Analysts prepared their daily commentary on traditional markets for February 19, 2020. This is not a trading advice. See details below: FOREX The Pound is on a winning streak, despite the uncertainty generated by an increasingly bleak outlook for the negotiations between the UK and the EU, for a post-Brexit deal. Following yesterday’s…
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Israel Discount Bank announced today its partnership with Integral for integrating eFX workflow automation and trading technology to stimulate business growth. The collaboration will provide an eFX solution that will improve flexibility and extend reach over different trading channels. Integral BankFX offers a customizable tool on their platform which allows Israel Discount Bank to deliver…
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