clsnet
January 21, 2020 BY Valentina Kirilova

GMO-Z.com Trade UK teams up with RegTech firm muinmos and NorthRow

GMO-Z.com Trade UK Limited, FCA-regulated and an affiliated company of GMO CLICK Securities Inc., has just announced that it has teamed up with RegTech solutions muinmos PASS and NorthRow. The company aims to accelerate its client onboarding processes for its forthcoming prime-of-prime brokerage services. GMO-Z.com’s prime-of-prime brokerage services will be offered under the new Z.com…

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First set of disclosed trades on TrueFX network executed
January 21, 2020 BY Steffy Bogdanova

New wallet feature from Admiral Markets UK

Admiral Markets UK announced today the launch of their new wallet feature in Trader’s Room. The wallet will serve as a central account that links trading accounts with funds from banks, e-wallets, credit cards, etc. The feature will allow direct deposits rather than going around transferring money to individual trading accounts. The transferred funds will…

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January 21, 2020 BY Steffy Bogdanova

“Phase One” of the US-China trade deal unveiled

Months of negotiation finally lead to the first phase of the US-China trade deal on Wednesday last week. In the 86 paged document, China promises to buy USD 200bn of US goods over the next two years and the US to reduce the tariffs on USD 120bn Chinese products. The deal also promises better defense…

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ATFX launches electronic signature service in South East Asia
January 21, 2020 BY Valentina Kirilova

ATFX launches electronic signature service in South East Asia

Fintech company and brokerage ATFX recently launched Adobe Sign as a new service for its clients in South East Asia. The new service allows clients to sign electronic forms and send them back to the company in a minute. LeapRate reminds that the broker also recently launched ATFX Connect for institutional clients, Biometric facial recognition…

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fxcm launches stock baskets
January 21, 2020 BY Valentina Kirilova

FXCM releases steady execution data report in December

Retail forex broker FXCM (NYSE:FXCM) released execution data for December 2019. All Instruments Highlights include: 72.9% of orders executed at price, a drop of 2.14% MoM 20.8% of orders executed with positive slippage, up 9.5% MoM 6.3% of orders executed with negative slippage, down 3% MoM Average execution speed 17 milliseconds Highlighted Instruments December 2019: The company…

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IG Group office
January 21, 2020 BY Valentina Kirilova

IG Group announces H1 FY20 results, expects to return to revenue growth in FY20

UK online trading leader IG Group Holdings plc (LON:IGG) announced its results for the six months ended 30 November 2019 (H1 FY20). Back in December, the broker noted that the net trading revenue in H1 FY20 was expected to be around £250 million, as the prior year period benefited from two months of trading prior to the ESMA product intervention measures coming…

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Match-Trade launches a Partnership Program
January 20, 2020 BY Mariela Naydenova

Visa to acquire Plaid Inc. for $5.3 billion

Visa has just announced on Monday, January 20, that is has agreed to acquire Plaid. Inc, a fintech privately held startup for $5.3 billion, as reported by local news outlets. Through the acquisition, Visa will have greater access to the ever-expanding fintech space, a fact that has increased competition and the M&A activity in the…

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Exclusive: Bittrex and Bitsdaq launch new crypto exchange, interview with CEO and Chairman Ricky Ng
January 20, 2020 BY Mariela Naydenova

Thai SEC awards license to cryptocurrency exchange Zipmex

Cryptocurrency exchange Zipmex, based in Singapore, has been awarded a license from the Thai SEC to start offering its services in Thailand. The information comes from The Block on January 20, 2020. Zipmex is now one of the very few crypto players in Thailand that has a license to offer its crypto trading services to…

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