SteelEye releases automated reconciliation solution for MiFIR reporting LeapRate

November 30, 2021 BY Steffy Bogdanova

SteelEye releases automated reconciliation solution for MiFIR reporting

Regulators in the UK and EU working to enhance confidence in the financial markets by intensifying their enforcement action. SteelEye’s Three-Way Reconciliation solution is designed to helps firms address data integrity issues by automating the reconciliation process between the regulated firm, NCA and/or ARM. Matt Smith, Chief Executive Officer at SteelEye said: MiFID II has…

November 30, 2021 BY Steffy Bogdanova

StoneX sees 14% increase in operating revenue in Q4 FY21

Sean M. O’Connor, CEO of StoneX Group Inc., stated: Although our fourth quarter earnings were below our long-term target, we were pleased to see that for the fiscal year we achieved record operating revenues and a 13.9% ROE. Last year included the significant non-recurring gain on our acquisition of Gain Capital Holdings, Inc. (“Gain”), adjusting…

November 30, 2021 BY Steffy Bogdanova

Appital names Mike Wharton Head of Product

Wharton’s appointment follows the latest funding round which will accelerate the development of Appital’s technology infrastructure. It will also speed up its integration with financial institutions and technology vendors and allow expansion of their engineering team to support the delivery of their strategy. This process has already started with the recent announcements of Appital’s partnership…

November 29, 2021 BY Steffy Bogdanova

Fortrade registers net profit surge of 576% in FY2020

The official Companies House filing said: The results for the year and financial position at the year-end were considered satisfactory by the directors who expect continued growth in the foreseeable future. Fortrade also shared its plans for future expansion: The filing added: The group continues to look for opportunities overseas and therefore, the directors expect…

November 29, 2021 BY Steffy Bogdanova

Hong Kong’s SFC issues restriction notice on suspected ramp-and-dump scam

According to the official announcement, they are prohibited from the following activities: (i) entering into transactions in respect of any securities; (ii) processing any withdrawals or transfers of securities and/or cash on the instructions of any authorized person of the accounts or by any person acting on their behalf; (iii) disposing of or dealing with…

November 29, 2021 BY Steffy Bogdanova

Just2Trade taps Your Bourse for liquidity distribution

Just2Trade’s Executive Director, Georgios Argytakis commented: We are happy to announce our partnership with Your Bourse and feel it will be mutually beneficial. As we provide services for both retail and institutional clients, Your Bourse’s multi-asset liquidity will help us enhance our services further. Andrey Vedikhin, Founder and CEO/CTO Your Bourse, added: We are delighted…

November 26, 2021 BY Steffy Bogdanova

B2Broker adds new features to its B2Core system in new update

B2Broker said in the official statement: SumSub MobileSDK integration provides advanced and highly customizable Know Your Customer (KYC) procedures that enable business owners to avoid legal department costs. SumSub MobileSDK integration takes care of KYC procedures as it is done automatically,” B2Broker commented in the announcement. Moreover, the company has made registration, pass KYC, deposit,…

November 26, 2021 BY Steffy Bogdanova

Monex Group finalises acquisition of Viling

The official announcement said: With STEAM education, Viling nurtures problem-solving skills through the use of technology and other means to develop human resources who can play an active role in the new ‘Society 5.0’. We believe Viling, with its global standard educational theories and its philosophy and passion for social contribution, is the best partner…

November 26, 2021 BY Steffy Bogdanova

Aquis Exchange names Glenn Collinson new Chair

Niki Beattie commented: The Company has grown and diversified significantly since I started. Now is an opportune time to hand over to Glenn, with the business in great shape and well placed for the next stage of its development. I wish him and the company all the best. Glenn Collinson said: I am very excited…

November 26, 2021 BY Steffy Bogdanova

CLS October ADV up 9% YoY

CLS offers forex products divided into forward, swap and spot. The ADV of FX forwards went slightly down in October. It stood a $102 billion last month, slightly lower that the $114, seen in September 2021 and the $ 117 CLS registered in October 2020. FX swaps ADV reached $1.319 trillion last month, 10% up…

Category: Forex