Category: Forex

January 19, 2022 BY Steffy Bogdanova

FCA strengthens rules on promotion of high-risk financial products

Under the new rules FCA is proposing, the regulator would ensure firms that approve and communicate financial marketing have relevant expertise and understanding of the investments being offered. The FCA will also have them improve risk warnings on ads and ban incentives to invest such as new joiner or refer-a-friend bonuses. Moreover, customers looking to…

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January 19, 2022 BY Steffy Bogdanova

Peer Joost becomes CEO of DIGITEC, Hans-Jürgen Joost retires

Peer Joost, CEO of DIGITEC, commented: I would like to formally recognise my father’s contribution to DIGITEC’s growth over the last 40 years. As CEO, he led a team which successfully navigated the Scandinavian banking crisis, the dot-com bubble and global financial crises, reinventing our products and services to satisfy the changing needs of the…

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BlackBull Markets announces the launch of share trading app
January 19, 2022 BY Steffy Bogdanova

BlackBull Markets launches share trading app

BlackBull Markets COO, Benjamin Boulter, commented: From the very start, we have prioritised what investors care about. The breadth of our product offering, our dramatically low fees, and our local customer support are sure to win over investors old and new. It is no coincidence that we are one of the fastest growing brokerages in…

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January 19, 2022 BY Steffy Bogdanova

XTB MENA hires Nadhir Ninouh as Marketing Director

Nadhir Ninouh, Marketing Director at XTB MENA said: I’m extremely pleased to have joined XTB for the next phase of their growth journey and to be working alongside a team of notable industry leaders. I’ll be heavily involved in supporting the firm’s expansion into the Middle East region through my marketing experience and tech background.…

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Integral volumes report
January 18, 2022 BY Steffy Bogdanova

Integral finishes 2021 with an annual total of $12.4 trillion

The annual volume totaled $12.4 trillion in 2021. Integral’s cloud-based SaaS FX workflow solutions serve a wide variety of buy-side FX market participants, including banks, brokers, asset managers, and hedge funds. Clients leverage the deep and diverse FX liquidity available through the company’s platforms within an integrated environment. Earlier in December, Integral onboarded Riina Sulonen…

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January 18, 2022 BY Steffy Bogdanova

Skilling raises €10 million in latest funding round to fuel growth

Future growth According to the original announcement shared with LeapRate, Skilling intends to use its fresh capital to accelerate the recruiting of talent and further bolster its trading technology. The company’s goal is to offer simple, yet robust technology allowing customers to navigate their trading and investments throughout the customer’s financial life. Skilling’s long-term vision…

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January 17, 2022 BY Steffy Bogdanova

LCH reports record clearing volumes in 2021

LCH services continued to support transitional to risk-free rates (RFRs) during the past year. SwapClear, LCH’s interest rates derivatives clearing service, converted more than $35 trillion of a notional in the fourth quarter of 2021. SwapAgent saw 10,186 trades in 2021, which represents a 489% year-on-year increase. RepoClear processed €195 trillion of nominal across 9.4…

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Duncan Beattie and Duncan Connellan join Barclays Australian investment banking unit
January 17, 2022 BY Steffy Bogdanova

Barclays hires Duncan Beattie and Duncan Connellan to bolster its Australian investment banking unit

In their new roles at Barclays, Beattie and Connellan will be based in Sydney and report to Richard Satchwell, Country CEO and Head of Investment Banking, Australia. Richard Satchwell, Country CEO and Head of Investment Banking, Australia, said: Duncan Beattie and Duncan Connellan are outstanding additions to our Investment Banking team. Their deep industry relationships…

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