Category: Forex

December 03, 2021 BY Steffy Bogdanova

24 Exchange raises $14 million in a funding round led by Point72 Ventures

Dmitri Galinov, CEO and Founder of 24 Exchange, said: In the company's first 24 months, we've successfully delivered an over-the-counter FX trading solution to clients that offers significantly reduced costs and improved functionality. We look forward to putting this additional operating capital to work to further expand our offerings beyond FX Non-Deliverable Forward (NDF) trading,…

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December 02, 2021 BY Steffy Bogdanova

Borussia Dortmund and InstaForex extend partnership

Benedikt Scholz, BVB's Head of International & New Business, said: We appreciate the trust InstaForex has placed in us and are excited about the extension of our partnership. We look forward to further developing our presence with InstaForex and achieving success together. Ildar Sharipov, President of InstaFintech Group, added: We have developed a unique and…

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Integral
December 02, 2021 BY Steffy Bogdanova

Integral November ADV reach $50.6 billion

This represents a 0.2% MoM rise compared to October 2021. The November ADV reached 5.9% YoY growth compared to the same period in 2020. The broker’s ADV encompasses volumes traded across the group’s liquidity network which includes TrueFX and Integral OCX, in aggregate. Earlier in November, FXCM Pro and Integral unveiled a centrally cleared platform…

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FXSpotStream
December 02, 2021 BY Steffy Bogdanova

FXSpotStream November ADV reach $51.54 billion

The company’s overall volume reached $1.134 trillion, surpassing the $1 trillion mark for a seventh time this year. The overall volume registered a 21.31% YoY increase compared to the same period last year. FXSpotStream’s ADV YTD rose 14.77% to $48.932 billion last month when compared to November 2020 The November ADV numbers are based on…

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December 01, 2021 BY Steffy Bogdanova

Weekly data: ‘buying the dip’ ahead of the NFP

Even before large losses at the end of last week, it already seemed fairly unlikely that the cartel would significantly boost production. With most members seemingly content with prices of Brent around $75-85 and various countries including Japan having released their strategic reserves of crude, there had been no clear calls among OPEC for increasing…

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December 01, 2021 BY Steffy Bogdanova

Jim Sullivan joins oneZero as General Counsel

oneZero noted that with a Bachelor of Science degree in Physics, Sullivan combines legal skills and scientific curiosity, which makes him a great fit for the company’s business model. Jim Sullivan commented: I’m delighted to be joining the oneZero team at this exciting juncture. The firm has a portfolio of world class proprietary solutions and…

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IG Group
December 01, 2021 BY Steffy Bogdanova

IG Group to sell Nadex and Small Exchange for $216 million

June Felix, CEO, IG Group, commented: We’re really excited by this deal, as it delivers a significant return on the previous investments made in Nadex and Small Exchange and enables additional investment across all our businesses. This deal also allows us to further sharpen our focus on integrating and expanding the US options and futures…

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