Category: Forex

Playtech finalto
September 30, 2021 BY Steffy Bogdanova

Gopher to acquire Finalto for $250 million from Playtech

According to the official announcement, net cash available to Playtech at completing the sale will increase by approximately $242 million. This amount is in addition to the €40 million excess cash which was extracted during the first half of 2021. Teresa Teague, Partner at TT Bond Partners, commented: Gopher has been impressed by the strength…

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Alpha FX
September 29, 2021 BY Steffy Bogdanova

Alpha FX Group launches alternative banking platform

Morgan Tillbrook, Chief Executive Officer of Alpha FX commented: This launch is a direct result of our ability to attract top talent combined with our investment in technology. Adam Dowling, Managing Director of Alpha Platform Solutions, has been researching and developing our alternative banking strategy since joining in 2018, together with Sam Marsh who co-founded…

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Acquisition
September 28, 2021 BY Steffy Bogdanova

Volcap Trading acquired by Marex

Marex and Volcap’s clients will benefit from the acquisition and the broader product offering it brings. Volcap’s operation will be immdiately integrated directly into the existing Marex client platform. Ian Lowitt, CEO of Marex, commented: Volcap will add to our softs offering and will be a good fit with our fast-growing structured products business, Marex…

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September 28, 2021 BY Steffy Bogdanova

Neptune appoints John Robinson as CEO

John Robinson commented: I’m thrilled to lead the Neptune team and build on the existing strong foundation through collaboration with my extensive global network. I will work to accelerate the firm’s effort in becoming a key element in the trading ecosystem for Fixed Income. We’ll achieve this by continuing to be the provider of the…

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ASIC, AFS licence
September 27, 2021 BY Steffy Bogdanova

ASIC cancels Pure Strategy’s AFS licence

The cancellation of Pure Strategy's licence will take effect in 12 months. During this period, the company will maintain its membership of the Australian Financial Complaints Authority and its obligation to hold professional indemnity insurance cover. Pure Strategy’s AFS licence was initially obtained in 2011. An external administrator has been appointed to the company this…

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Brokeree Solutions updates Social Trading
September 27, 2021 BY Steffy Bogdanova

Exclusive: Brokeree Solutions unveils its new brand image

Besides the new logo, the company also launched an updated website with a new navigation system for the solutions’ portfolio and elaborated abilities of its knowledge base. Among other features, users can now find a “Company” tab, which clearly presents the company's values and team. Earlier in August, Brokeree Solutions released a new Ratings Module…

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Antony Stephen joins Barclays new finance business as CEO
September 24, 2021 BY Steffy Bogdanova

Antony Stephen joins Barclays finance business as CEO

Ruchir Rodrigues, commented: I am delighted that Antony is joining Barclays to lead our point-of-sale finance business, and that we’re able to attract talent of his calibre. Antony’s global experience with an industry-leading firm like Amazon and his passion for customer centricity will be invaluable in driving this business forward. His vision and leadership will…

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Robinhood
September 24, 2021 BY Steffy Bogdanova

Robinhood moves quickly to double headcount of tech team

CEO Vlad Tenev said this in August: We've been aggressively hiring technology-related headcount, however over time we count on to see this line merchandise lower as a proportion of income. Robinhood's engineering jobs are all in the US, mostly based in Menlo Park, California, but the company has noted that some engineers work remotely. A…

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