Category: Institutional

StoneX Group announces stock ticker symbol change to SNEX
May 15, 2020 BY Steffy Bogdanova

INTL FCStone rebranding to StoneX Group awaits shareholder vote

The rebranding will cover all of INTL FCStone’s regulatory profiles around the world and will not require any significant action by clients and partners. The company says it will preserve the “significant brand equity” as “Stone” representing the oldest part of the company’s franchise and the “X” is for exchange, digitization and innovation. INTL FCStone…

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partnership
May 12, 2020 BY Steffy Bogdanova

Wirecard and Varengold Bank provide payment solutions to FinTech firms

The cooperation will provide for Varengold Bank’s customers Wirecard’s banking-as-a-service expertise, spanning digital banking, prepaid card issuing, acquiring and loan fronting services. Wirecard’s customers will, in turn, benefit from Varengold Bank’s capabilities in creating tailor-made financing solutions. Leonard Coen, Head of Sales Financial Institutions & FinTech Europe at Wirecard commented: At its core, this collaboration…

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May 11, 2020 BY Steffy Bogdanova

CoinShares acquires and rebrands GABI Trading

CSCM has supported the Group’s products under the brand of XBT Provider and the firm’s actively managed family of funds, while also setting up proprietary trading strategies. CSCM clients trade alongside the firm and benefit from best-price execution. Jean-Marie Mognetti, CoinShares CEO and head of CoinShares Capital Markets commented: With their deep expertise in trading,…

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May 07, 2020 BY Steffy Bogdanova

FXCubic joins SquaredFinancial’s list of FinTech suppliers

FXCubic provides institutional and retail brokers with bridging solutions, price aggregation, connectivity tools and risk management automation software globally. The London-based fintech company aims to desig robust and flexible technology. Ege Kozan, Chief Executive Officer at FXCubic, said: We are delighted to welcome SquaredFinancial to our ever-growing portfolio of clients. At FXCubic, we are determined…

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May 06, 2020 BY Steffy Bogdanova

Refinitiv and Stellan Capital team up for customised open data platform

Refinitiv’s wealth management team will leverage its data, market insights and its Eikon solution to build a customised platform that integrates Stellan’s main technological requirements such as global access to market data, content and research, with efficient global order execution across more than 30 exchanges. Stellan will also benefit from portfolio analytics, portfolio modelling and…

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BidFX
May 06, 2020 BY Steffy Bogdanova

BidFX adds ICBC Standard as new liquidity provider

BidFX Head of EMEA Sales, Roger Lee, commented: As the latest BIS survey on FX indicates, currencies of emerging market economies (EMEs) are gaining market share, reaching 25% of overall global turnover. To that extent, it has become increasingly evident that electronic provision of EM liquidity, both deliverable and non-deliverable (NDF), has become a must.…

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May 05, 2020 BY Steffy Bogdanova

HSBC to buy out HSBC Life Insurance Company joint venture partner

Noel Quinn, HSBC’s Group Chief Executive, commented: Despite the current difficult environment engendered by the Covid-19 pandemic, we continue to take steps to implement our growth strategy. This transaction supports our ambition to accelerate growth within our Asian franchise, particularly in the dynamic and fast-growing Greater Bay Area, where we fully intend to expand in…

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