Through the new Appital platform, buy-side firms can obtain more exposure to deal flow opportunities, portfolio managers and heads of trading build can gain a comprehensive picture of liquidity, including highly illiquid, small and mid-cap stocks. Rebecca Healey of Redlap Consulting noted in The Trade, discussing her recent report “Liquidity in the Time of Covid”:…
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TP ICAP highlight that there is no evidence that this has happened. Since finding out, the company has been evaluating its exposure and methodically fixing as patches have become available. Additionally, the company has been deploying signatures and enhanced security controls to further strengthen the protection on its environment from the Log4j exploit. The official…
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Greece-headquartered social trading platform ZuluTrade has leveraged the potential of the trading community and algorithmic performance ranking in order to connect traders with investors. This acquisition fits well with Finvasia group’s multi-phase strategy in building an integrated fintech ecosystem for investors. Sarvjeet Singh Virk, Co-founder & Chief Managing Director , Finvasia Group, said: Since Finvasia…
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Tradefeedr’s common, independent trading database allows the sell-side, buy-side, regional banks, hedge funds, brokers, and central banks to connect, analyse their trading data, and collaborate. The company launched its data analytics platform with over 15 leading sell-side and 20 major buy-side firms onboarding and another 20 in the pipeline in June 2021. Phil Morris, CEO…
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Denis Kozlov, VP of Business Development at Devexperts, said: As the retail trading platform segment has been somewhat stagnant for years, a few months ago we rolled out a new trading platform DXtrade. It is affordable for start-up and growing brokers and raises the bar for trading platforms while bringing significant improvements into this segment.…
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MainOne also owns and operates a network from Nigeria to Portugal and 1,200 km of terrestrial fiber network across southern Nigeria. The acquisition will allow Platform Equinix to enter in West Africa, giving organizations based inside and outside of Africa access to one of the world's fastest growing markets. Charles Meyers, President and CEO, Equinix:…
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The Group noted that Quantile's services will be available on an Open Access basis that will continue to offer customers the choice of where to clear, compress and optimise their trading activity. LSEG added that Quantile will preserve its independence within LSEG's Post Trade division and report to Daniel Maguire, LSEG's Group Head of Post…
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Dmitri Galinov, CEO and Founder of 24 Exchange, said: In the company's first 24 months, we've successfully delivered an over-the-counter FX trading solution to clients that offers significantly reduced costs and improved functionality. We look forward to putting this additional operating capital to work to further expand our offerings beyond FX Non-Deliverable Forward (NDF) trading,…
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Trevor Croker, Aristocrat’s CEO and Managing Director, commented: The approval given by Playtech shareholders to dispose of Finalto meets a condition of Aristocrat’s recommended offer and is a further step forward in the completion process. Aristocrat’s offer for Playtech has been recommended by the Playtech Board, and is the only offer on the table for…
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June Felix, CEO, IG Group, commented: We’re really excited by this deal, as it delivers a significant return on the previous investments made in Nadex and Small Exchange and enables additional investment across all our businesses. This deal also allows us to further sharpen our focus on integrating and expanding the US options and futures…
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