Category: Forex

Appital obtains £2.5m funding led by Frontline Ventures
August 12, 2021 BY Steffy Bogdanova

Appital obtains £2.5m funding led by Frontline Ventures

Mark Badyra, Chief Executive Officer of Appital, said: This is an exciting time for our business. We are delighted to have secured joint investment from Frontline Ventures and a number of angel investors to provide buy-side firms with new opportunities to discover and interact with latent liquidity. We enable buy-side firms to radically rethink their…

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Broadridhe Board of Directors, BoD
August 11, 2021 BY Alan Sayer

Broadridge appoints Annette Nazareth to Board of Directors

She first started with the SEC in 1998 and was there in a number of different roles. She acted as a Commissioner for the SEC from 2005 onwards and was initially appointed by George W. Bush. Before becoming part of the SEC Ms. Nazareth held positions in a range of different investment banks, normally in…

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Chantelle Johnson appointed as Chief Marketing Officer of Equiti Group
August 11, 2021 BY Steffy Bogdanova

Chantelle Johnson joins Equiti Group as Chief Marketing Officer

She will also help to scale the business in support of Equiti’s global growth strategy, which includes new markets, products and offerings to be launched in the near future. Iskandar Najjar added: Innovative offerings coupled with effective and efficient go-to-market strategies will give Equiti a leading advantage as we embark on the next phase of…

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August 10, 2021 BY Alan Sayer

StoneX Group Inc reports a 34% increase in quarterly profit

The figures for the first three quarters of the year are slightly different, although they still show an increase in profits for the company. Total revenue for 2020 was at $39.854 billion, with 2021 revenues decreasing by 23% to $30.687 billion.  Despite the fall in revenue, expense figures were improved over this period. StoneX decreased…

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August 10, 2021 BY Steffy Bogdanova

Weekly data: commodities down as Delta caution increases

The pound seems to be standing at a crossroads with key technical references above and below, the 161.8% weekly Fibonacci retracement area and the 200 SMA respectively. Based on TA alone, consolidation and sideways movement would usually be favourable in this situation. However, the important economic releases from the USA and the UK on Wednesday…

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Broadridge Financial Solutions
August 10, 2021 BY Steffy Bogdanova

UBS joins Broadridge’s Distributed Ledger Repo platform

Market participants can agree, execute and settle repo transactions on the DLR platform. A digital repo approach allows collateral to be detached from the trade agreement and the cash remains off-chain. DLR also enables the immobilization of the underlying securities in the repo transactions, while transferring ownership via smart contracts executed on the platform. The…

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