Financial Conduct Authority (FCA) announced the addition of Jeannette Lichner and Bernadette Conroy to its board, starting April and August, respectively. The new members will join the FCA for a three-year- term. Having held senior leadership positions in a number of financial organizations, Lichner has vast experience in international financial services. Currently, she serves as…
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XOH Trader, the trading platform provided by X Open Hub, has just been updated. The regulated London based fintech company introduces new feedback-based trading features. Some of the newly added features include fingerprint and passcode unlocking methods, an option to edit positions from a chart, turning off weekend candles in chart settings, and more. The detailed list of changes…
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CME Group announced yesterday Bryan Durkin’s resignation as President of the company. Durkin will step down in May this year and will serve as a special advisor to the company and report to CME Group Chairman and Chief Executive Officer Terry Duffy. CME’s board of directors has put Durkin forward for election to the board…
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Singapore Exchange (SGX) keeps reporting record volumes, as international investors seek trading opportunities in Asia. The heightened activity is not that unexpected, as the FX industry moves toward the final stages of regulatory reforms for uncleared OTC derivatives. Interest in SGX’s suite of Asian currencies continues to grow, with record US$1.3 trillion changing hands in…
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US Treasury Under Secretary for International Affairs Brent McIntosh and Monetary Authority of Singapore Deputy Managing Director Jacqueline Loh met n Singapore for a discussion on the importance of data connectivity in financial services. Both countries recognize managing data across borders is crucial to the development of the financial sector. The new technological developments in…
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Adam Vettese, UK Market Analyst at eToro, has provided his daily commentary on traditional and crypto markets for February 7, 2020. Burberry sent a chilling warning to investors this morning in an unplanned announcement which revealed the impact the coronavirus is having on the ground in China. The group said the outbreak of the coronavirus…
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Software investor Hg just announced that it plans to acquire stakes from Keensight Capital and Pléiade Venture in multi-asset electronic trading solutions company smartTrade Technologies. smartTrade’s liquidity management solutions enable financial institutions to develop and run high-performance trading platforms throughout the world. David Vincent, CEO & co-Founder, as well as the smartTrade management team will remain…
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ActivTrades’ Market Analysts prepared their daily commentary on traditional markets for February 7, 2020. This is not a trading advice. See details below: GOLD The US dollar is still by far the strongest currency on the FX market, with the euro/dollar recently reaching a 4-month-low. Despite this, the gold price is showing good resilience, holding…
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The Exness Group has just announced that its trading volume for the month of January is US$417.7 billion. The company reported that this is the highest month since its creation back in 2008. LeapRate reminds that by the middle of 2014 the Exness Group clients' monthly trading volume was more than 180 billion USD and…
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The specialist provider of buy-side trading technology as a service, THETA, named former Bloomberg trading executive Peter Meddemmen its Chief Technology Officer. Meddemmen joins THETA as the company prepares for a new product launch in 2020. He will manage all technology delivery, including for its order and execution management system (OEMS), Apollo, scheduled to go…
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