Category: Forex

Vantage FX hires Eoh You Loong as Regional Strategy Director to drive APAC activities
September 15, 2021 BY Steffy Bogdanova

Vantage FX hires Eoh You Loong as Regional Strategy Director

Loong holds a Bachelor's Degree in Banking and Finance from the the London School of Economics and Political Science (LSE) David Shayer, UK Chief Executive Officer at Vantage FX, commented: Having You Loong onboard will certainly help to propel Vantage FX’s brand in APAC. We’re keen to ensure that we’re catering to the needs of…

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Equiti Capital appoints Sheetal Chouhan to its BoD
September 14, 2021 BY Steffy Bogdanova

Equiti Capital appoints Sheetal Chouhan to its BoD

Nigel Holmes, interim CEO of Equiti Capital UK Ltd, commented: We welcome Sheetal to the Board of Equiti Capital UK Ltd. She has been a respected contributor to the company over the past three years in her capacity as CFO. Sheetal’s in-depth experience in financial reporting and knowledge of financial regulatory requirements will ensure she…

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Revenue growth
September 13, 2021 BY Alan Sayer

UP Fintech Reports Unaudited Q2 Results, Revenue Jumps 98.7%

Wu Tianhua, CEO and Director of UP Fintech, stated: Market backdrop was relatively weaker compared to the first quarter, but I am happy to report that the Company still achieved substantial expansion in the second quarter. UP also saw a rise in newly funded accounts, with Tianhua adding:  As we continue to invest in our…

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Capital.com
September 10, 2021 BY Alan Sayer

Capital.com Expands Into Australia After ASIC Licence

Peter Richards, Director of Capital.com Australia Limited, stated: Capital.com is one of the fastest growing fintech companies operating in the retail trading space. The platform has a tremendous opportunity to grow in this region and to help more Australians access financial markets securely and responsibly. Underpinned by Capital.com's comprehensive education resources, we aim to bring…

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Saxo Bank
September 09, 2021 BY Steffy Bogdanova

Saxo Bank FX volumes fall 13.5% MoM in August

Commodities saw a monthly volume of $35.3 billion, compared to $34.0 billion during the previous month. The daily average stood at $1.6 billion, compared to $1.5 billion in July. Despite the other monthly dips, Fixed Income’s volume rose in August, reaching $7.3 billion, compared to $6.9 billion in July. Saxo Bank recently released its financial…

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PrimeXM volumes
September 09, 2021 BY Steffy Bogdanova

PrimeXM posts $1.07 trillion in total trading volumes in August

PrimeXM Data Centre in London LD4 registered $828.25 billion in notional value, 4% above last month’s numbers. The Data Centre NY4 returned second place with $119.26 billion in monthly trading volume. And TY3 processed $117.82 billion. The newly established SG1 data center, reached $11.83 million. XAUUSD remains consistent as the favouruite instrument of PrimeXM’s traders…

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FlexTrade - the first EMS provider to integrate with Appital’s bookbuilding platform
September 09, 2021 BY Steffy Bogdanova

FlexTrade integrates with Appital’s bookbuilding platform

Andy Mahoney, Managing Director EMEA FlexTrade Systems, commented: This integration with Appital  brings transparency and automation to an area of the market traditionally plagued by opacity and outdated, phone based bookbuilding activity. We see significant demand for Appital’s offering from some of our largest asset management customers. As a result, we have been collaborating with…

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EGM Securities and Sterling Capital
September 08, 2021 BY Steffy Bogdanova

EGM Securities and Sterling Capital partner to deliver investment opportunities to Kenyan traders

The global technology sector has gone on a strong growth trajectory in recent months. Stocks like Shopify, Intel, Google, Alphabet, and Microsoft, delivered consistently high returns. This brought a global economic recovery which also heightened demand for aviation, hospitality, tourism, and energy, and these stocks are starting to bounce back from the pandemic. Samwel Kiraka,…

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TP ICAP
September 07, 2021 BY Steffy Bogdanova

TP ICAP sees £936 million revenue in H1 2021

Energy and Commodities revenue dropped 9% on a constant currency basis in the H1 2021. Parameta Solutions’ revenue was up 6% in the Period on a constant currency basis and 1% down on a reported basis. Nicolas Breteau, CEO of TP ICAP Group plc, commented: In the first half we made good progress executing our…

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