Bloomberg, MarketAxess and Tradeweb partner to provide trade data in EU LeapRate

May 24, 2023 BY Steffy Bogdanova

Bloomberg, MarketAxess and Tradeweb partner to provide trade data in EU

Neil Ryan commented: The time has come to provide the European fixed income markets with a consolidated tape that is led by an initiative with deep experience in low-latency data processing, cleansing, consolidation and publishing within a regulated framework. Our motivation is to improve transparency and spur electronification in the fixed income space. Our end…

May 23, 2023 BY Steffy Bogdanova

Mizuho expands in US with acquisition of Greenhill

Jerry Rizzieri, President and CEO, Mizuho Securities USA, said: Greenhill is a proven industry leader, and its team has led many of the largest and most complex transactions for clients globally, across a wide range of sectors. Mizuho is committed to the expansion of its investment banking platform, and we are excited for the Greenhill…

May 23, 2023 BY Steffy Bogdanova

FD Technologies sees 12% surge in revenue to £296 million in FY23

FD Technologies also saw a strong performance by its divisions KX and First Derivative. KX’s revenue reached £80.2 million, up by 25% from the previous year. The firm also noted that 72% of the revenue came from recurring clients. The First Derivative segment generated £174.3 million, demonstrating a substantial increase of 18%. Both divisions exceeded…

May 23, 2023 BY Steffy Bogdanova

ASX names Tim Whiteley chief information officer

Whiteley has led the ASX’s CHESS Replacement Solution Design work since November 2022 after the company decided to reassess its CHESS replacement project. Lofthouse noted that Whiteley’s appointment further provides continuity of technology leadership for CHESS replacement. He will continue to lead the CHESS replacement until he has selected a new leadership team for the…

May 23, 2023 BY Steffy Bogdanova

BNY Mellon expands offering on LiquidityDirect

Adam Vos, CEO of BNY Mellon Markets & Execution Services, said: Throughout market cycles, the global demand for liquidity remains paramount for all market participants. A critical component to meeting clients' needs is providing integrated access from a single source to an array of liquidity solutions. We have built—and now significantly enhanced—our LiquidityDirect platform to…

May 22, 2023 BY Steffy Bogdanova

Weekly data: Calm start to the week ahead of the FOMC’s minutes and PCE

If there are signs of hawkishness from the RBNZ this week, NZDUSD might have significant room to gain in the medium term. The current area slightly below 63c coincides with the 23.6% weekly Fibonacci retracement, but a breakout from here probably wouldn’t face significant for several cents upward except for this month’s earlier highs around…

May 22, 2023 BY Steffy Bogdanova

Morgan Stanley CEO, James Gorman, to step down within a year

The company’s board of directors has already found three candidates to take Gorman’s place but hasn’t disclosed their names. According to Reuters, co-presidents Ted Pick and Andy Saperstein, and head of investment management Dan Simkowitz are the most likely candidates for the role of Morgan Stanley's CEO. However, the three most mentioned contenders for Gorman’s…

May 22, 2023 BY Steffy Bogdanova

BUX rebrands its flagship app BUX Zero to BUX

Yorick Naeff, CEO at BUX, said: Dropping the Zero in the BUX Zero name signifies our commitment to this flagship application and shows that we are more than just a price leader. We are incrementally increasing access to financial markets and the ease-of-use of our app through automated investing, interest on uninvested cash, and access…

May 19, 2023 BY Steffy Bogdanova

CySEC warns against impersonators of representatives

The regulator further outlined that such in scams usually fraudsters claim to be officers or representatives of CySEC or real or fake authorities. The scammers usually claim to be CySEC officers or representatives or other real or fake bodies. The scammers usually approach investors via email which contains the name, address, official stamp and logo…

May 19, 2023 BY Steffy Bogdanova

Admirals announces restructure and withdrawal of Estonian license

Admirals stated: The restructuring stems from the fundamental necessity and choice to expand the Group’s presence globally, as the Company has substantially positioned itself in new regions during recent years. The on-going change shall have no impact on the existing Group’s clients. Albeit the restructuring, Estonia remains the Company’s strategic location. The Company continues to…

Category: Forex