Sandeep Pahwa, who has been the face of South-East Asia banking at Barclays for over ten years, will be passing the baton on to Tay. Pahwa is still, however, set to stay at the firm, serving as vice-chairman and head of Asia-Pacific client coverage for Barclays. Vanessa Koo, head of banking for Asia-Pacific and Greater…
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Benjamin Boulter commented: With the growth in market share that BlackBull Markets has seen this past year, I definitely have my work cut out for me. Scalability for BlackBull Markets will be a major focus of mine, in addition to optimising internal processes. The goal is to ensure that BlackBull Markets continues to maintain the…
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Behdad Eghbali, Founder and Managing Partner, and James Pade, Partner and Managing Director, at Clearlake, said: Data management is critical for investment managers, which have come to rely on Confluence’s advanced software and data suite. We see an opportunity in this fragmented market to execute on our buy-and-build strategy and deliver value to customers and…
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GOLD Gold gained approximately 1% during early Friday trading, following a slowdown in dollar gains, however the precious metal is still on track for the worst weekly performance since March 2020. With investors pricing in the adoption of a more hawkish stance from the Fed, the dollar will be likely to remain supported, at least…
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Research published by the Financial Conduct Authority (FCA) reveals that 2.3 million adults now have cryptoassets. The number is 1.9 million higher than last year. The research estimates that 78% of people have heard of cryptocurrencies while last year it was 73%. The UK regulator’s analysis shows that as holding crypto has become commonplace, the attitudes toward…
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Any institutional traders who utilise FXall will have the ability to ascertain exactly which of their trades should be cleared, a decision which could be determined by the currency pair, the account they are trading for, or even the liquidity provider. Trades are designed to be routed through to LCH via FXall’s post-trade processing platform,…
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Sanoke Viswanathan, head of JPMorgan’s international consumer business, said in the statement: We are building Chase in the U.K. from scratch using the very latest technology and putting the customer’s experience at the heart of our offering, principles that Nutmeg shares with us. The Financial Times reported that JPMorgan approached Nutmeg while the wealth management…
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OIL Oil prices dropped back from multi-year highs late on Wednesday, after the Federal Reserve indicated its intention to raise interest rates faster than previously thought, triggering a dollar rally. With the Fed becoming hawkish, the dollar is likely to continue to rally in the days ahead, representing a headwind for oil and other commodities.…
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Andrew Lane, CEO of Acuity Trading, said: We continue to lead the fintech market with alpha-generating alternative data and highly engaging trading tools using the latest in AI research and technology. To maintain this momentum and meet the need for new future-focused technologies to support the evolving fintech market, it is essential to invest and…
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FXSpotStream’s announcement stated: Ross has a rich FX background, most recently serving as Head of Legal with 360TGTX, Inc. Prior to that, Ross served as General Counsel to GTX Bermuda and holds a J.D. from Seton Hall University of Law. Smith was head of legal at 360TGTX for almost 3 years and before that spent…
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