December 22, 2021 BY Steffy Bogdanova

BitMex announced native crypto coin BMEX

BitMEX users can earn BMEX based on trading volumes at the exchange and the generated fees. The company detailed that there will be a maximum supply of 450 million BMEX tokens. They will be vested over a period of 5 years. BitMEX explained: The large majority of BMEX will be spent to reward users and…

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December 21, 2021 BY Steffy Bogdanova

CFI launches more than 3,500 exchange-based US stocks on MT5

Founders and Managing Directors of CFI Financial Group, Hisham Mansour and Eduardo Fakhoury, said: Adding US exchange-based stocks made perfect sense for long-term traders seeking the full ownership experience and without having to pay exorbitant fees. At $0.005/share, no minimum account and commission as low as $1 per trade, it is now easier than ever…

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Brokeree Solutions updates Social Trading
December 21, 2021 BY Steffy Bogdanova

Brokeree Solutions announces the release of Synthetic Feed

The company explained how its newly released tool operates: A plugin receives ticks from symbols on MetaTrader and processes them via available calculation types: formulas or indices. Formulas allow brokers to customize quotes using math operations like addition, subtraction, and multiplication, while indices operate with coefficients. After all the calculations are done, the new quote…

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Visa
December 21, 2021 BY Steffy Bogdanova

Visa finalises acquisition of Currencycloud

Visa revealed its plans to buy Currencycloud in July 2021 for £700 million. The deal is based on the foundation of the two form’s existing partnership. Currencycloud’s cloud-based platform supports more than 500 banking and technology clients. Since it was founded in 2012, the company has spread across more than 180 countries.

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December 20, 2021 BY Steffy Bogdanova

BNP Paribas sells Bank of the West to BMO for $16.3 billion

Jean-Laurent Bonnafé, BNP Paribas Group Director and Chief Executive Officer, commented: This is a value accretive transaction for all sides, which emphasizes the quality of Bank of the West franchise. In the name of BNP Paribas, I would like to deeply thank all Bank of the West teams for their achievements and contributions for the…

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Acquisition
December 20, 2021 BY Steffy Bogdanova

OFX Group acquires Canadian FX company Firma in $69.6 million deal

The acquisition have a significant positive impact on the volumes in the trading of USD/CAD and USD/GBP pairs. OFX Chief Executive Officer and Managing Direator, Skander Malcolm said: This is our first major acquisition and very much aligned with our strategy of building scale in the Corporate segment and growing the North American region. Firma…

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MOEX
December 20, 2021 BY Steffy Bogdanova

Moscow Exchange reveals brand update

The letters MOEX in the new logo stand for Moscow Exchange and the stock exchange ticker. The Group’s logo remains in colour red. The official statement said: Moscow Exchange retains the colour red – the colour of confidence, vigour and leadership – as the basis of its brand. Compared with the previous logo, the colour…

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