Category: Forex

FinecoBank reports strong growth momentum in Q1 2021
May 20, 2021 BY Steffy Bogdanova

Fineco Bank reports strong growth momentum in Q1 2021

Revenues during Q1 reached €218.2 million marking an 8.4% rise year-on-year. Gross operating profit rose 7.2% on yearly basis to €144.5 million. Alessandro Foti, CEO and General Manager of FinecoBank, stated: We’re very satisfied about these quarterly results which strongly underline the change of pace in Fineco’s growing path. A turning point based on extreme…

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Saxo Markets UK hires Simon O’Malley as new CFO
May 20, 2021 BY Steffy Bogdanova

Saxo Markets UK hires Simon O’Malley as new CFO

O’Malley, commented: With a record number of new active clients onboarded during 2020 it’s an exciting time to be joining Saxo Markets, as a leading online investment and trading community. I look forward to working with the team to support its rapid growth and help the business realise its ambitions. His new role will have…

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CLS
May 20, 2021 BY Steffy Bogdanova

CLS appoints Gottfried Leibbrandt and Shuta Okawara to its board of directors

Currently, Shuta Okawara works as Managing Director and Head of the Transactions Services Division of MUFG Bank. His career has been mainly focused on extensively around custody and clearing. Okawara has been engaged with most settlement systems reform initiatives that have led to mitigating settlement risks and standardizing securities and currencies settlement processes as we…

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saxo bank revenues
May 20, 2021 BY Steffy Bogdanova

Saxo to launch crypto trading against major currencies

Kostyukhin added: We set out to deliver a product which offers the security and ease of use associated with more mature asset classes, coupled with the volatility and dynamics of Bitcoin, Ethereum, and Litecoin – giving clients the opportunity to trade both long and short in the thriving crypto market. The latest service from Saxo…

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daily market analysis
May 20, 2021 BY Steffy Bogdanova

Daily market commentary: Gold vs Bitcoin

GOLD VS BITCOIN To put things into context, gold lost 45% of its value over the space of over 4 years between late 2011 and the end of 2015. Yesterday it moved in a range of around 2%. By contrast, bitcoin has fallen as much as 55% from the peak reached on the 14th of April,…

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StoneX
May 20, 2021 BY Steffy Bogdanova

StoneX Markets rolls out self-service OTC platform

Mark Maurer, CEO & President of StoneX Markets, commented: We’re excited to unveil MyStoneX, one of the most comprehensive and powerful tools on the market for developing and executing risk-based OTC hedging strategies. In addition to providing the industry’s most sophisticated technology offering that can support more than 200 commodity products, MyStoneX addresses an educational…

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