Genesis hires Billy Morris as Chief Financial Officer, opens new Dublin office LeapRate

September 24, 2021 BY Steffy Bogdanova

Genesis hires Billy Morris as Chief Financial Officer, opens new Dublin office

Stephen Murphy, CEO of Genesis, said: Billy's proven leadership skills, financial expertise and passion for next-gen low-code/no-code innovation will play a key role as Genesis continues to build on its huge momentum. Ireland is one of Europe's fastest-growing regions, and we couldn't be more thrilled to have Billy on the ground spearheading this latest chapter…

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…

September 24, 2021 BY Steffy Bogdanova

Moscow Exchange lists new options for OTC trading

The FX market OTC services’ list of instruments has been expanded. From September the market operator makes available EUR/USD and GBP/USD swap transactions through the Request for Stream (RFS) functionality, delivering quotations from leading global banks providing liquidity, with settlement through the CCP. Market participants can now also clear OTC swap transactions with the CCP…

September 23, 2021 BY Steffy Bogdanova

ASIC announces ban on unsolicited sale of financial products

ASIC Deputy Chair Karen Chester commented: These changes put in place fairness protections, so consumers are not sold products they don’t want or don’t need. The restrictions mean consumer needs will be central to how firms offer products. Chester continued: The new hawking prohibition addresses long held concerns about poor consumer outcomes from unsolicited sales…

September 23, 2021 BY Steffy Bogdanova

IS Prime releases new index and commodity liquidity offering

Jonathan Brewer, Commercial Director of ISAM Capital Markets and Managing Partner at IS Prime said: Having our own proprietary pricing engine for indices and commodities means we can leverage our knowledge of brokers’ requirements to provide a product which is forensically tailored to their needs. This price feed is a true institutional grade offering and…

September 23, 2021 BY Steffy Bogdanova

Interactive Brokers hires Cecelia Zhong as Executive Director

Zhong added: I am pleased to join Interactive Brokers and work alongside such an accomplished team. As the financial landscape in Asia continues to evolve, I look forward to identifying and developing new business opportunities to ultimately benefit the company’s clients. Before Interactive Brokers, Zhong worked at NYSE Euronext where she was responsible for setting…

September 22, 2021 BY Steffy Bogdanova

TMGM signs a multi-year partnership with Gianluigi Buffon

Buffon is also a seasoned trader with more than 20 years of experience, making this partnership a perfect fit. Buffon commented: I enter a world that has always fascinated me and that I have been following closely for many years. The partnership will give the Italian goalkeeper a digital presence on TMGM.COM. Clients of the…

September 22, 2021 BY Steffy Bogdanova

CLS Group sees $1.67 trillion average daily trading volumes in August 2021

The Group also reported a 4% YoY rise FX forward and 2% YoY increase in FX swap with $79 billion and $1.2 trillion for August 2021, respectively. FX spot volumes were down 5% on yearly basis, accounting for $0.36 trillion. On monthly basis, FX forward was down 5.9%, FX swaps by 0.6% and FX spot…

United Fintech hires Jeff Dworin Sales Executive, Americas

September 21, 2021 BY Steffy Bogdanova

State Street’s Jeff Dworin joins United Fintech US team

Jeff Dworin commented: I am extremely excited to be joining such a high caliber global team at United Fintech. The success of the organization is going to be driven by Christian’s powerful vision to partner with the banking world and offer truly innovative capital markets technology products all under one hood, enabling a seamless transformation…

September 21, 2021 BY Steffy Bogdanova

Turquoise Plato is connecting to OpenFin to improve workflow on buy-side trader desktop

Adam Toms, European CEO of OpenFin, commented: We are witnessing a continued shift towards more collaborative mindsets and platforms. With forward thinking firms such as Turquoise working with the industry to create solutions that make the financial desktop more intuitive, automated and powerful, firms can unlock the true potential of interoperability and contextual workflows on…

Category: Forex