Category: Forex

August 03, 2021 BY Alan Sayer

SWIFT hires tech industry veteran Cheri McGuire as its new CTO

As well as taking on the new role as SWIFT CTO, McGuire will also continue to hold posts with other institutions. These are mainly linked to the realm of cybersecurity. She comes with a high level of prestige as her previous role was as the Group Chief Information Security Officer at Standard Chartered Bank. Perhaps…

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Playtech finalto
August 03, 2021 BY Steffy Bogdanova

The battle for Finalto continues: Playtech confirms recommendation, Gopher responds

The Playtech added: Shareholders should ask why Gopher continues to hide and should also be suspicious of Gopher’s credibility, particularly given that disclosure is crucial when buying a highly regulated business. Furthermore, the firm associated with Gopher, TT Bond Partners, is a small boutique brokerage that raises money from Chinese investors. Gopher’s behaviour has not…

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Acquisition
August 03, 2021 BY Steffy Bogdanova

Broadridge acquires post-trade solutions business Alpha Omega

Ray Tierney, President of Itiviti, a Broadridge business, commented: We are excited to formalize our four-year strategic partnership with Alpha Omega through this acquisition. We are leading technology innovation in post-trade, and this acquisition is a testament to our continued growth and momentum in transforming this space. NYFIX Matching is the first ‘one-stop’ platform to…

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Integral volumes report
August 03, 2021 BY Steffy Bogdanova

Integral sees average daily volumes of $44 billion in July

The July ADV reached 17.6% increase YoY, compared to the same period last year. The broker’s ADV encompasses volumes traded across the group’s liquidity network which includes TrueFX and Integral OCX, in aggregate. In July, Integral revealed that UAE retail brokerage GoDoFX selected Integral MarginFX to support the growth of its FX and CFD business.

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FXSpotStream
August 02, 2021 BY Steffy Bogdanova

FXSpotStream posts $47.911billion ADV in July

FXSpotStream’s total trading volume surpassed $1 trillion for a 5th time in the FX trading provider. In July, the company posted $1.054trillion. The report showed a 13.39% increase compared to the same period last year. The company’s ADV year-to-date, from January to July 2021, reached $49.459 billion, marking a 15.10% rise compared to the same…

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daily market analysis
August 02, 2021 BY Steffy Bogdanova

Daily market commentary: The US dollar is trading almost flat

OIL Black gold keeps on trading inside its mid-term bullish channel today despite its failure to clear the $73.85 level last week. The current rebound over the lower band of the bullish channel at $72.30 isn’t reassuring investors as it remains limited compared to the recent 2% correction. Despite a decreasing US dollar providing fresh…

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