Fortex Technologies Inc., a global provider of institutional FX trading solutions, has announced yesterday that it has added Single Stock CFD’s as another asset class to its clients’ trade offerings. Investors and traders of Fortex’ clients will now be able to create their own diversified portfolio, investing in Apple, Google (Alphabet), Facebook, Amazon, Tesla, IBM,…
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UK online trading leader IG Group Holdings plc (LON:IGG) has released its scheduled update on its revenue for the three months to 31 August 2019 (Q1 FY20), the first quarter of its financial year ending 31 May 2020 (FY20). Business performance Revenue in Q1 FY20 was £129.1m, 11% higher in comparison with the average of the…
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ACY Securities, a Sydney based ASIC-regulated multi asset broker, just announced that it has teamed up with Finlogix, an emerging fintech provider in the global derivatives markets. Finlogix provides a technologically inspired suite of trading widgets designed to equip traders with cutting-edge tools such as live market data, real-time HTML 5 charting, an all-encompassing economic…
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Rod Kafer was a former Australian rugby union player for the Australian Wallabies. He served as the coaching director for the team, before joining Invast Global, a multi-asset prime brokerage company, as a Director of Prime Services. While the transition may seem rather surprising for some, Mr. Kafer actually worked in the financial services industry…
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Companies in the financial sector confront many challenges to develop a relevant identity verification strategy that will be compliant with growing AML requirements such as the new AML5 directive, as well as the FATF guidelines, recommendations and others. Exness' international coverage required an automated KYC solution suitable for multiple-country use, this is why, in order…
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Chilean broker MercadosG, established in 2011, just announced that it has launched MetaQuotes' Meta Trader 5 (MT5) platform to traders. More than 10,000 trading symbols are now available for MT5 users in Latin America. The broker's offering includes currency pairs, contracts of the largest global corporation stocks (Apple, Google, Facebook, etc.), exchange indices, commodities, and…
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FX prime brokers, J.P. Morgan and NatWest Markets announced earlier today that they are now providing access to Spotex’s institutional ECN. Both companies join as Spotex is expanding its presence in the institutional FX market segment with the firm’s introduction of new disclosed direct market access (DMA) liquidity pools as well as other initiatives to…
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Multibank FX aggregation service FXSpotStream has just released its volumes report for the month of August. August’s ADV reached a new record of USD43.247 billion, representing a MoM (Aug ’19 vs July ’19) increase of 19.23% and a YoY (Aug ’19 vs Aug ’18) increase of 52.46%. FXSpotStream set a new daily volume record of…
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Astana International Exchange (AIX) announced yesterday that it has added the Russian broker UNIVER Capital as a new trading member. Currently, AIX trading members include 17 Kazakhstani and 4 international brokers that serve investors in Russia, Europe and Asia. CEO of AIX, Tim Bennett, commented: Over the years of operating in the capital markets, UNIVER…
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South African broker QuickTrade just announced that they have launched Meta Trader 5 and have started offering JSE stock trading to their clients. As of today, desktop and web platform versions, as well as mobile apps for Android and iOS, are available to all the company's customers. The offering incorporates 190 trading symbols, including Forex…
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