Western Union Appoints Vince Tallent as Senior Vice President, Head of Asia Pacific LeapRate

June 09, 2025 BY Sam Boughedda

Western Union Appoints Vince Tallent as Senior Vice President, Head of Asia Pacific

The move comes as the company looks to accelerate its growth across digital, retail and broader ecosystem channels in the region. Tallent has extensive experience in fintech and the telecommunications, media and technology sectors, having led growth strategies and service innovation in both developed and emerging markets. Most recently, he served as CEO of Saudi…

June 09, 2025 BY Sam Boughedda

Marex Agrees Deal to Acquire Agrinvest Commodities

The move is said to be aimed at strengthening the company’s presence in the Americas and expanding its capabilities in physical commodity markets. Agrinvest, based in Brazil, operates as an intermediary in agricultural markets such as corn and soybeans, while also offering consultancy services to help clients manage hedging strategies and commercial risks. The acquisition…

June 06, 2025 BY Sam Boughedda

ATFX Opens New Office in South Africa

The office is located in Portside Tower, in the city’s central business district. The grand opening event, held on 29 May at Hotel Sky, is said to have brought together clients, partners and industry stakeholders to celebrate the company’s latest milestone. ATFX Chairman Joe Li and Regional Head of Africa Linton White delivered keynote addresses,…

June 06, 2025 BY Sam Boughedda

HSBC Chairman to Step Down on September 30

The announcement follows an earlier statement in May indicating Sir Mark’s intention to retire before year-end. His departure comes as AIA Group announced Sir Mark’s appointment as its Independent Non-executive Chairman, effective 1 October. HSBC noted that Sir Mark will continue to serve as a strategic adviser to the Group CEO and Board during the…

June 05, 2025 BY Sam Boughedda

CMC Markets Reports 2% Decline in Trading and Investing Revenue, Sees Good Momentum into FY26

Underlying EBITDA rose 12% to £103.4 million, while profit before tax climbed 33% to £84.5 million, driven by improved operating efficiency and lower non-recurring charges. The company declared a full-year dividend of 11.4 pence, up 37% from the previous year. CMC said it has entered fiscal year 2026 with “good momentum,” supported by favourable market…

June 04, 2025 BY Sam Boughedda

Sterling Trading Tech Launches Overnight Trading in US NMS Equities

The move allows the company’s clients to trade overnight via Blue Ocean ATS. The new service is said to be available through Sterling’s OMS and forms part of the company’s broader global expansion strategy. The firm explained in a press release that clients can now access US equities markets during overnight hours, complementing Sterling’s existing…

Exclusive: Bryan Seegers leaves financial services company Jefferies Group LLC

June 04, 2025 BY Sam Boughedda

CAB Payments Subsidiary Granted Licence to Operate US Representative Office in NYC

The licence, granted by the Federal Reserve Board and the New York State Department of Financial Services, is said to allow the firm to establish a regional hub for client services and business development across the Americas. CAB said the US presence will support existing relationships and help build closer ties with its US dollar…

June 04, 2025 BY Sam Boughedda

IG Partners with Uphold to Launch Crypto Trading Offering in the UK

The new service, launched in partnership with crypto asset platform Uphold, is said to be fully integrated into IG’s existing infrastructure, allowing customers to trade cryptocurrencies alongside stocks, indices, ETFs, commodities and FX within a single platform. “This is a huge moment for IG and a major milestone in the UK's crypto journey,” said Michael…

June 03, 2025 BY Sam Boughedda

Interactive Brokers Sees Client Accounts Rise 32% YoY

The gain also represents a 2% month-on-month increase, as the global electronic broker continued to benefit from heightened trading activity and investor engagement. The US-based firm said daily average revenue trades (DARTs) rose 43% from a year earlier to 3.384 million, although they were down 11% compared to April. Client equity ended the month at…

June 03, 2025 BY Sam Boughedda

Robinhood Completes Bitstamp Acquisition

The deal brings Bitstamp’s long-established crypto exchange into Robinhood’s portfolio, adding retail and institutional customers across the European Union, the United Kingdom, the United States, and Asia. Founded in 2011, Bitstamp holds more than 50 active licences and registrations globally and operates offices in Luxembourg, the U.K., Slovenia, Singapore and the U.S. The acquisition gives…

Category: Forex