Gavin Parker, Chief Operating Officer, Sucden Financial said: Over the last year we have made significant investments to enhance efficiencies and deliver innovative solutions for our clients. He continued: STAR is one of our many success stories – an innovative, user-friendly and reliable platform. I am delighted with its latest enhancement – the new trading…
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Alvarez-Buylla joined the company in 2018 as Project Co-Ordinator. He has worked in the FinTech industry for more than six years in a variety of client services roles at Eze Software. He has played a significant role in developing and streamlining processes at Gold-i, in particular, improving the client onboarding process. In 2019, Alvarez-Buylla was…
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Richard Lissack, QC and barrister for ECU Group, said of the allegations that: ECU’s case is that HSBC’s foreign exchange trading desk between 2004 and 2006 were rotten. Traders treated clients’ orders as an opportunity for self-enrichment. ECU is a former client of HSBC and also alleges that HSBC’s private bank, HBPB, would commonly carry…
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OIL The oil price remained flat during early Tuesday trading, as the prospect of increasing supply from Iran faded. The markets have been looking with interest at the ongoing negotiations between the US and Iran, with the objective of reviving the nuclear agreement between the two countries, which could also mean the end of restrictions…
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Christian Frahm, Founder and CEO, United Fintech said: We have strengthened our exceptional team with an outstanding Advisory Board to provide further scrutiny and consultancy, particularly in terms of our strategic fintech acquisitions. Our Advisory Board comprises of world class leaders in their respective fields, including highly experienced and talented M&A experts and fintech leaders.…
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Robert Sanchez, Managing Director & Head of LatAm, added: We are pleased to welcome Michael to Edgewater. Since 2009, we have been offering the FX market access to Latin America and we see great opportunities to further strengthen our offering in the region. Hiring Mike is an important part of this process and demonstrates Edgewater’s…
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DLR provides a single space where market participants can agree, execute and settle repo transactions. The platform also allows for the immobilization of the underlying securities in the repo transactions, while transferring ownership via smart contracts executed on the platform. Its functionality reduces the operating cost and risk of all repo activity, such as intraday,…
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The original announcement noted that the onboarding of de Volksbank shows ISA Direct’s versatility. The statement highlighted that a range of institutions, including banks, stand to benefit from the reduced balance sheet impact that comes from opening a direct clearing relationship with the CCP. Edwin de Hoogen, at de Volksbank, commented: The benefits of combining…
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EUROPEAN SHARES European shares edged significantly higher at the start of a new week, amid strengthened market sentiment following a G7 meeting showing unity among leaders. Even if many issues remain on the international scene (Brexit, climate change, relationship with China etc.), investors were happy to see world leaders willing to work together to solve…
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Over 76% of the total monthly traded volume was recorded in Prime XM Data Centre in London LD4 – $ $719.19 billion in notional value. The Data Centre NY4 has preserved second place from TY3 with $ 140.41 billion in monthly trading volume and 10.67% MoM growth. XAUUSD remains consistent as the most popular instrument…
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