Founders and Managing Directors of CFI Financial Group, Hisham Mansour and Eduardo Fakhoury said: Our success is the result of the human element that is found within the CFI Financial Group. As we prioritise maintaining and nurturing talents internally, we strategically seek to expand our team by finding new individuals who could bring fresh perspectives…
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Glenn Stevens, CEO of GAIN Capital commented: A second quarter of high volatility, due in part to the ongoing economic concerns over the COVID-19 virus, allowed Gain to continue to benefit from high daily volumes, up 28% year on year, revenue capture of $150 plus improved operational leverage arising from a successful focus on cost…
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Brett Schechterman, Managing Director and Global Head of thinkFolio at IHS Markit said: Although regulatory authorities have recently moved to delay the final implementation phases of UMR in consideration of the challenges posed by COVID-19, our partnership with Cassini Systems to deliver an integrated solution to ensure transparency of margin and collateral costs can provide…
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The addition of Barclays to the FXSpotStream Service, expands the offering by increasing the liquidity available to clients. With the increase of the liquidity, the volume supported by the service also grows. In June the company registered an ADV of USD43.287 billion - a 19.9% increase MoM compared to May 2020 and their third highest…
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Gareth James, Macro COO from Standard Chartered said: We see Cobalt as being a core part of our FX operating platform, enabling Standard Chartered to reduce risk and costs by automating manual processes across the bank and therefore improving services to our clients. This investment shows our confidence in the platform and we look forward…
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Outlook IG Group expects maintaining the momentum around the Core Markets and the portfolio of Significant Opportunities and to contain the progress it made in FY20. The targets remain the same: revenue growth in Core Markets of 3-5% over the medium term, and an incremental £100 million of revenue by the end of FY22 relating to the Significant…
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Beacon Chain went live on the initial testnet Sapphire in April and it used smaller 3.2 ETH deposits. After that a full 32 ETH nodes were released next month on the Topaz testnet. The Onyx testnet started in June and operated about 20,000 validators by the end of it. Altona coordinated multi-client testnet for Phase…
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AFP Commander Investigations, Eastern Command, Kirsty Schofield commented: Transnational and serious organised crime groups are evolving. No longer do they target any specific crime type or commodity, they adapt to their environments by recruiting professional enablers to provide experience in the financial, legal or any other field they feel can earn them money. This investigation…
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Even though the licence is suspended, ASIC has allowed the administrators to conduct certain necessary activities under the licence during the suspension period, including to have in place a dispute resolution scheme and arrangements for compensating retail clients, to hold professional indemnity insurance and to allow the termination of existing arrangements with current clients of…
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Hoch Capital announced it is closing all open positions by 14 August. The CySEC approved the suspension of the license on 6 July. Provider of investment services Rodeler Ltd also notified CySEC of its decision to terminate its CIF license. CySEC announced it approved the request on 6 July.
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