Clearstream introduces Collateral Mapper to optimise collateral management LeapRate

March 27, 2023 BY Steffy Bogdanova

Clearstream introduces Collateral Mapper to optimise collateral management

Clearstream states that traditional collateral management has relied heavily on manual processes, which has resulted in inefficiencies, high costs, and errors. As a result, market participants are always looking for ways to simplify the process, minimize errors, and improve efficiency. Priya Sharma, Head of Data & Connectivity at Clearstream, said: Due to the current changing…

March 27, 2023 BY Steffy Bogdanova

Conotoxia introduces investment advice service for retail traders

The broker stated that it offers a promotion for users who sign up by the end June. They will be able to use the Investment Advice service for free for one-month trial period. Grzegorz Jaworski of Conotoxia Ltd, added: Our recommendations and professional market analyses are not publicly available, general market commentaries. Conotoxia Ltd.'s investment…

March 27, 2023 BY Steffy Bogdanova

First Citizens Bank rescues Silicon Valley Bank, buys deposits and loans

FDIC and First-Citizens Bank & Trust Company also agreed on a “loss-share transaction” for commercial loans that were acquired from the former Silicon Valley Bridge Bank. Under this agreement, any losses or recoveries on loans covered by the loss-share agreement will be shared between the two parties. The purpose of this arrangement is to ensure…

March 27, 2023 BY Steffy Bogdanova

Emirati investment company Noor Capital acquires UK brokerage firm House of Borse

Mohamed Ghosheh, CEO of Noor Capital, said: This strategic investment to acquire the multi-asset House of Borse comes within the company's plans to expand in the European market and the United Kingdom, which are considered among the most important markets, with the United Kingdom being the largest financial centre in the world. In addition, the…

March 24, 2023 BY Steffy Bogdanova

Compagnie Financière Tradition’s profits jump 40% in 2022

The Group's activity grew during the year, with reported consolidated revenue of CHF 947.4 million compared with CHF 873.6 million in 2021, an increase of 10.5% at constant exchange rates or 8.4% at current exchange rates. Reported operating profit for the year was CHF 94.2 million against CHF 73.2 million in 2021, an increase of…

March 24, 2023 BY Steffy Bogdanova

PayPoint announces appointment of Guy Parsons to the board of directors

Giles Kerr, Chairman, commented: I am delighted to welcome Guy to the Board. Guy has served as the Chairman of Appreciate Group plc and will bring a wealth of board level sales and marketing expertise from his extensive experience in the hospitality sector. Parsons has held various director positions throughout his career which started at…

March 23, 2023 BY Steffy Bogdanova

FCA appoints Steve Smart and Therese Chambers to co-lead enforcement and market oversight

Chambers commented: The work of the Enforcement and Market Oversight division is of critical importance in supporting the FCA’s Strategy and we will continue to build out our assertive and proactive approach. I look forward to working with colleagues on ExCo and across the FCA as we increasingly use our powers to protect consumers and…

March 23, 2023 BY Steffy Bogdanova

Natasha Kassar joins TrioMarkets as CEO MENA

Throughout her career, Kassar has worked with several big brands. According to her LinkedIn profile, she joins TrioMarkets from working as a freelancer as the Head of Business Development. Kassar has previously worked at Mauritius-regulated FX/CFDs broker EverestCM. The company seems to no longer be operating. She started at as head of business development in…

March 23, 2023 BY Steffy Bogdanova

FP Markets adds cTrader to trading platforms suite

FP Markets Demo or Live Accounts holders can use cTrader and access the platform on both desktop and mobile devices. The FP Markets cTrader trading platform allows traders to hedge, scalp, and the use of automated or manual trading strategies. The solution offers fast execution speeds, customisable interface, advanced charting capabilities, and a broad selection…

March 23, 2023 BY Steffy Bogdanova

eToro partners with TradingView to upgrade its platform with new investment charts

Moreover, eToro revealed that the next phase of the platform upgrade will include direct trading from the charts, additional analysis tools, access to previously created charts, and a dark mode feature for users who prefer trading in low-light conditions. eToro has recently expanded its offering with the launched stocks and shares ISA, as well as…

Category: Forex