FNZ and Clearstream team up for the launch of business intelligence solution LeapRate

April 13, 2022 BY Steffy Bogdanova

FNZ and Clearstream team up for the launch of business intelligence solution

Additionally, FNZ and Clearstream’s partnership will also support asset managers with their European fund distribution operations by providing efficiency gains, enabled by Clearstream’s integrated fund dealing and custody solution, and FNZ’s wealth management platform. This service will provide asset managers with a solution that aggregates data and insights to unify sales, product, risk, compliance and…

April 13, 2022 BY Steffy Bogdanova

Daily market commentary: The euro is recording some modest gains in relation to the US dollar

Gold Gold prices are flat during early European trading, following Tuesday’s rise which reached the highest level since mid-March. Gold’s gains came as US yields eased down, following the release of US inflation data, which despite reaching a fresh 40-year high, also gave signs that it may have peaked. The markets have been pricing-in the…

April 13, 2022 BY Steffy Bogdanova

Plus500 announces a new $50 million buyback program alongside its current one

Plus500 stated in the official announcement: The purpose of the New Share Buyback Programme is to further highlight the Board's continued confidence in the future prospects of Plus500 and reflects its strong financial position. This confidence is supported by the significant operational and financial momentum achieved by Plus500 over recent years, as the Group continues…

April 13, 2022 BY Steffy Bogdanova

StoneX hires William Wilson as Head of Debt Capital Markets

As StoneX’s new Head of Debt Capital Markets, Wilson will focus on developing bespoke private credit solutions, corporate debt issuance, and SPACs leveraging StoneX’s core target of serving mid-market clientele. Wilson’s appointment is the latest addition to StoneX’s rapidly growing Fixed Income Division which has added over 10 new team members in past six months…

April 12, 2022 BY Steffy Bogdanova

ActivTrades partners with Conv.rs to strengthen client engagement

Gho went on to say that the company was looking for an easy to implement, no-code business application and that motivated the choice of Conv.rs. Its chat allows ActivTrades to reach more customers, faster and in a more efficient manner. Enis Mehmet, CCO of Conv.rs, further commented: With ActivTrades having multiple locations that service different…

April 12, 2022 BY Steffy Bogdanova

Plus500 revenue grows 68% in Q1 2022 to $270.9 million

Customer growth and expansion During the first three months of the year, the London-listed broker onboarded 33,740 new customers. This is marginally higher than the previous quarter, when the number of customers fell but 62% lower than the Q1 2021. Plus500 also reported 176,642 active traders on its platform. The average revenue per user increased…

April 12, 2022 BY Steffy Bogdanova

Nexus Fintrade teams up with Match-Trade Technologies to offer Match-Trader

Jacek Czerniawski, the Head of Product Development at Match-Trade, said: Match-Trader is the result of cooperation between IT developers specialized in building transactional platforms and forex consultants with many years of experience in the industry. It is a new generation White Label that allows Brokers to create a strong brand and grow their business by…

April 11, 2022 BY Steffy Bogdanova

BUX teams up with ABN AMRO Clearing Bank to offer fractional European ETFs

Additionally, BUX has also included additional 95 new fractional US stocks to its offering. Big names among the U.S. stocks that are now also available for fractional investments include Mastercard, PepsiCo and IBM. The company noted that fractional investing in European stocks will also become available in the future. Yorick Naeff, CEO of BUX, commented:…

April 11, 2022 BY Steffy Bogdanova

Ana Cavero joins Skilling as Global Head of Product

Cavero said: I've had the most exciting 2.5 years leading product onboarding optimization and innovation at StoneX Retail. Cavero spent a significant part of her career in customer relationship management and marketing. Outside of trading industry, she spent a big part of her career working at companies like Third Space Learning, O2 (Telefónica UK), and…

April 11, 2022 BY Steffy Bogdanova

Daily market commentary: Stock benchmarks opens without clear direction while market volatility is on the rise

European shares Stock benchmarks opened without clear direction while market volatility was on the rise on Monday as investors digested a batch of mixed economic news from different regions. Despite positive CPI data that topped estimates in China overnight, the Asian trading session was marked by lingering worries regarding the Covid resurgence in the area…

Category: Forex