Category: Forex

FXSpotStream
November 02, 2021 BY Steffy Bogdanova

FXSpotStream sees $50.4 billion ADV in October

The overall volume registered a 23.86% YoY increase compared to the same period last year. FXSpotStream’s ADV YTD rose 14.63% to $48.665 billion last month when compared to October 2020 The October ADV numbers are based on 21 trading days. Earlier in October, FXSpotStream launched a new microsecond low-latency architecture, designed to deliver “substantial improvements”…

Read more
November 01, 2021 BY Steffy Bogdanova

Urban Angehrn becomes FINMA's new CEO

Urban Angehrn commented: I am very happy to be joining a well-run, established authority, which has gained both national and international recognition. Since it was established almost thirteen years ago, FINMA has achieved a lot and laid the foundations for safeguarding financial stability, client protection and integrity in the financial centre. Building on this, I…

Read more
NetDania adds Rasmus Bagger-Petersen to management team
November 01, 2021 BY Steffy Bogdanova

NetDania hires Saxo exec Rasmus Bagger-Petersen as CCO

Thomas Elster, Co-Founder and CEO, NetDania commented: We are super excited that Rasmus has joined NetDania. His experience over the last decade, particularly from working within a large institution, will be hugely valuable to us. This is a significant hire for us and Rasmus will play a key role in helping us to capitalize on…

Read more
acquisition
November 01, 2021 BY Steffy Bogdanova

7RIDGE to acquire Trading Technologies

Tim Geannopulos, Chairman of the Board and CEO of Trading Technologies, said: We’ve been in search of the right strategic partner to help Trading Technologies achieve the tremendous potential of our pioneering new technology platform and accelerate the expansion of the business and product roadmap. Maintaining the firm’s independence will allow us to retain the…

Read more
Plus500 new share buyback program
October 29, 2021 BY Steffy Bogdanova

Plus500 expands share buyback program with another $12.6 million

The company noted that all shares repurchased through the programme will be classified as shares held in treasury and will be taken out from circulation. According to the official announcement, all share purchases will take place in the open market. Liberum Capital Limited was appointed to manage this new programme. The London-listed forex and CFDs…

Read more
Euronext
October 29, 2021 BY Steffy Bogdanova

Euronext BoD nominate Fabrizio Testa as CEO of Borsa Italiana

Stéphane Boujnah, CEO and Chairman of the Managing Board of Euronext N.V., said: I would like to thank Raffaele Jerusalmi for his significant contribution to the development of the Borsa Italiana Group and for his commitment to the integration of the Borsa Italiana Group within Euronext since the completion of the transaction in April 2021.…

Read more
Refinitiv
October 28, 2021 BY Steffy Bogdanova

Refinitiv releases regulated Tokyo Swap Rate

Jacob Rank-Broadley, Head of LIBOR Transition, Benchmarks & Indices at LSEG, said: As the global financial markets migrate away from LIBOR, the launch of our Tokyo Swap Rate (for swaps referencing TONA) serves as a critical step to facilitate this transition to the new market convention. Now more than ever the industry requires robust and…

Read more
Cboe Global Markets
October 28, 2021 BY Steffy Bogdanova

Cboe introduces new type of options for retail traders – Nanos

Ed Tilly, Chairman, President and CEO of Cboe Global Markets, said: Our goal with Nanos is to use education to inspire and empower new market participants to pursue a sustainable financial future. We believe Nanos are more appropriately sized for retail traders and enable traders to better express their opinions on market movements at a…

Read more
October 27, 2021 BY Steffy Bogdanova

TP ICAP and Speedwell partner to launch ICAP-Speedwell Climate Index

TP ICAP noted that the Index will allow counterparties to flexibly create structures with varied payoffs over specific periods of time. These transactions will supply data for the Index to in turn provide a correlation between the global temperature change and financial risk appetite. Nicholas Ernst, Managing Director, Weather Markets, TP ICAP said: The introduction…

Read more