David Mercer, CEO, LMAX Group, commented: This is a significant milestone in the evolution of LMAX Group that vindicates our industry-leading business model and the role we have to play in the foreign exchange and crypto currency markets of the future. Not only have we identified a like-minded partner in J.C. Flowers who understands global…
Read more
Exclusive Capital’s Managing Director Lambros Lambrou said: We are pleased to partner with Tools for Brokers and integrate their liquidity bridge into our infrastructure. TFB has a long history of providing reliable and modern broker solutions, so we are confident that this partnership will benefit our clients and will help us strengthen our position on…
Read more
Craig Allison, FP Markets head of the Middle East, Europe and Africa, commented: The interest around equities has reached an all-time high globally and it is important for us to continually evolve and expand our product range in line with increased client demand for a greater diversity of our range of share CFDs. The addition…
Read more
GOLD Gold is rising, continuing the momentum of the previous session when the precious metal gained more than 1% following Jerome Powell’s testimony to Congress where he defended the continuation of the current Fed’s accommodative policies to support the economic recovery and described inflationary pressures as a temporary issue. Such remarks penalised the dollar, cancelling…
Read more
Founders and Managing Directors of CFI Financial Group, Hisham Mansour and Eduardo Fakhoury said: Reaching 7,000 products is a milestone and a testament to our team’s tireless conquest of achieving our vision of being the brand for all things investing and trading. Expanding the range and number of products and markets we offer means our…
Read more
Gülşeyma Doğançay, Global Securities CEO, commented: We are investing in technologies and applications that help users to better track capital markets and provide them with investment suggestions. BayGlobal was designed to serve thousands of people simultaneously on web and mobile (iOS or Android) devices. We believe this NextGen trading platform has raised industry standards. Users…
Read more
The book value per share at the end of Q2 2021 is $264.90. This gives a rise of 12.2% for the year to date. It shows that after the uncertainty of Covid-19, performance is starting to turn around. Shareholders have seen a return on tangible equity of 28.9% for the year to date, and Q2…
Read more
GOLD Gold rose during early Wednesday trading, with its safe-haven appeal increasing as investors reacted to news that several countries in the Asia-Pacific region continue to tighten restrictions in efforts to halt rising COVID cases. However, the precious metal’s gains were capped by the strengthening of the dollar, that followed the publication of US inflation…
Read more
XTX Execution Algo went live on BidFX in 2020 in an initial targeted client roll-out. The solution can reduce slippage to arrival price. McGrath said he was pleased to see increasing usage of this algo across their global client base in 2021 and that the company was glad to make it available for clients to…
Read more
In 1991, Gilhooly began his career as a trading floor runner at RJO, and he remained at the firm for nine years, ultimately managing RJO’s agricultural trading desks on the trading floor of the Chicago Board of Trade. Gerald Corcoran commented: I’m delighted to recognize the outstanding contributions of Terry and Heather, who have both…
Read more