Category: Institutional

December 13, 2021 BY Steffy Bogdanova

Reactive Markets and Tradefeedr team up to provide crypto and FX trade analytics services

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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Acquisition
December 06, 2021 BY Steffy Bogdanova

LSEG to acquire Quantile Group in a £274 million deal

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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December 03, 2021 BY Steffy Bogdanova

24 Exchange raises $14 million in a funding round led by Point72 Ventures

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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IG Group
December 01, 2021 BY Steffy Bogdanova

IG Group to sell Nadex and Small Exchange for $216 million

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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B2Broker updates B2Core
November 26, 2021 BY Steffy Bogdanova

B2Broker adds new features to its B2Core system in new update

B2Broker said in the official statement: SumSub MobileSDK integration provides advanced and highly customizable Know Your Customer (KYC) procedures that enable business owners to avoid legal department costs. SumSub MobileSDK integration takes care of KYC procedures as it is done automatically,” B2Broker commented in the announcement. Moreover, the company has made registration, pass KYC, deposit,…

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Monex Group
November 26, 2021 BY Steffy Bogdanova

Monex Group finalises acquisition of Viling

The official announcement said: With STEAM education, Viling nurtures problem-solving skills through the use of technology and other means to develop human resources who can play an active role in the new ‘Society 5.0’. We believe Viling, with its global standard educational theories and its philosophy and passion for social contribution, is the best partner…

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CLS
November 26, 2021 BY Steffy Bogdanova

CLS October ADV up 9% YoY

CLS offers forex products divided into forward, swap and spot. The ADV of FX forwards went slightly down in October. It stood a $102 billion last month, slightly lower that the $114, seen in September 2021 and the $ 117 CLS registered in October 2020. FX swaps ADV reached $1.319 trillion last month, 10% up…

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