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…

Read more
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…

Read more
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…

Read more
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…

Read more
FP Markets announces launch of new Social Trading platform
March 11, 2021 BY Steffy Bogdanova

FP Markets announces launch of new Social Trading platform

Craig Allison, Head of Europe, Middle-East and Africa, said: FP Markets Social Trading allows traders to find, follow and copy successful traders automatically.  Since its beta launch at the beginning of March, we have experienced huge demand for FP Markets Social Trading with a huge uptake in registrations and increased activity and engagement ratios, especially…

Read more
HSBC names Rachel Duan Independent non-executive Director
March 11, 2021 BY Steffy Bogdanova

HSBC names Rachel Duan Independent non-executive Director

HSBC's Group Chairman, Mark Tucker, commented: Rachel is an exceptional candidate. I am absolutely delighted to welcome her to the Board. She has extensive knowledge and experience of operating in two of HSBC's most strategically important markets - Hong Kong and mainland China. Her knowledge and experience will further strengthen the Board's discussions and oversight.…

Read more
HKEX
March 11, 2021 BY Steffy Bogdanova

HKEX appoints Paul Chow as its Group General Counsel

HKEX Group General Counsel-designate Paul Chow said: I am honoured to be joining HKEX, one of Hong Kong’s most iconic organisations. As HKEX seeks to continue to build its business, and to reinforce Hong Kong’s role as a leading international finance centre, I am very much looking forward to working with my new colleagues on…

Read more
FCA warning
March 10, 2021 BY Steffy Bogdanova

Karroo Capital, United Overseas Bank and others added to FCA's warning list

Select My Bond / selectmybond.com (Clone of FCA authorised firm) Tel: 02087197919 Email: [email protected] Website: www.selectmybond.com Karroo Capital (Clone of an FCA Authorised Firm) Telephone: +33189160535 Email: [email protected] Website: https://platform.karroo-capital.com/login , www.karroo-capital.com United Overseas Bank (Clone of FCA authorised firm) Address: 25 Gresham Street, London, EC2V 7HZ Telephone: 02081244109 Email: [email protected] Website: www.uobuk.com Grindlays Private…

Read more