Category: Forex

June 01, 2023 BY Steffy Bogdanova

Equiti Group announces acquisition of digital payment technology provider Cloud Invest

Chief Managing Director of Equiti Group and Co-founder, Mohamed Alahmad, added: This strategic acquisition marks a significant step towards expanding our capabilities in the digital payments sector. Alahmad added that Cloud Invest's experience of working with banks, financial institutions and partners such as Mastercard, Visa and Network International spanning more than 10 years will boost…

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May 31, 2023 BY Steffy Bogdanova

SquaredFinancial Group promotes Philios Petrides to CPO

Furthermore, founder and CEO Philippe Ghanem recently came back in charge of the business. He brings two decades of industry experience during which he has built and assisted with the growth of two brokerage firms with millions of clients. According to the official announcement, he has plans for restructuring his leadership team and implementing major…

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May 31, 2023 BY Steffy Bogdanova

Aron Groups Broker partners with Brokeree Solutions to launch social trading platform

Farzad Vajihi, Aron Groups Broker’s CEO, commented: We are excited to launch our new social trading platform powered by Brokeree Solutions. It's a game-changer for our clients, enabling them to take advantage of innovative social trading capabilities and enhance their trading strategies. Victor Ivanov, the Regional Head of Business Development (EMEA), added: For several years…

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May 31, 2023 BY Steffy Bogdanova

Elizabeth Leskauskaite joins BidX Markets as its new liquidity manager

Simon Blackledge, CEO of BidX Markets, said: BidX Markets is dedicated to providing exceptional trading experiences and innovative solutions to financial institutions. We are delighted to welcome Elizabeth to our team. With her proven track record in liquidity management and a deep understanding of the Forex, CFD and crypto markets, we are confident that Elizabeth…

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CobaltFX
May 31, 2023 BY Steffy Bogdanova

BNP Paribas and NatWest go live with ‘Dynamic Credit’ from CobaltFX

BNP Paribas and NatWest have been long term partners with CobaltFX and now both companies are increasing their engagement with the Dynamic Credit product to manage credit exposures for their respective financial institutions, addressing overly manual processes as well as market access and control. Joe Nash, Digital COO for Foreign Exchange, Rates and Commodities, BNP…

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May 30, 2023 BY Steffy Bogdanova

FXOpen expands currency pair offering with HUF and CZK

Gary Thomson, Chief Operating Officer of FXOpen UK, noted: While the euro and US dollar have remained relatively stable, the Hungarian forint has experienced a remarkable appreciation in value. Despite economic challenges and geopolitical uncertainties across the Western world, the forint has seen a significant increase in strength since October last year. This notable upward…

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May 30, 2023 BY Steffy Bogdanova

ASIC extends financial adviser registration deadline

ASIC stated: The registration requirement is new. It is separate, and in addition to, the pre-existing requirements for an AFS licensee to appoint a relevant provider to the Financial Advisers Register after they have been authorised. Provisional Relevant Providers cannot be registered. The requirement for registration of financial advisers was introduced in 2021 in response…

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Saxo Bank
May 26, 2023 BY Steffy Bogdanova

Saxo Bank surpasses $100 billion in client assets

The company’s success has been partly fueled by its approach of swiftly passing on the benefits of central bank rate hikes to its customers. Unlike many other banks, Saxo Bank ensures that clients immediately profit from higher interest rates on their unused funds. This strategy helps clients adjust their investment strategies in line with changing…

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