Category: Forex

Forex and CFD broker Pepperstone launches services in Kenyan market
October 26, 2020 BY Steffy Bogdanova

Online FX and CFD broker Pepperstone expands in Kenya

The launch in Kenya coincides with Pepperstone's 10th year of operations. The expansion is also a part of a global growth strategy of the broker which enables more effective and specific servicing of the fintech's clients. Patel added: Ultimately, what sets us apart from our competitors is our commitment to our clients and great service.…

Read more
Ballinger & Co. adds three directors to its senior team
October 23, 2020 BY Steffy Bogdanova

Ballinger & Co. adds three directors to its senior team

Tim Hallinan, Sales Director, said: I have known Ballinger’s senior leadership for many years; they have an unrivalled track record, and this is reflected in how the business continues to go from strength to strength. Together, we are committed to building a diverse, talented team capable of meeting the needs of complex clients currently underserved…

Read more
Mark Ellis joins MAP FinTech to lead business expansion and development
October 23, 2020 BY Steffy Bogdanova

Mark Ellis joins MAP FinTech to lead business expansion and development

Ellis will also lead the regulatory reporting support team under the regulatory consultants, Complyport Limited – MAP FinTech’s strategic regulatory compliance partner in the UK. Before his appointment at MAP FinTech, Ellis worked for Citi Group, SwapsWire, the Depository Trust & Clearing Corporation (DTCC), CME/NEX Regulatory Reporting by Abide Financial and Markit. Among his many…

Read more
daily market analysis
October 23, 2020 BY Steffy Bogdanova

Daily market commentary: Stocks edged higher on Friday in Europe

GOLD Gold spot price is consolidating just above the threshold of $1,900. After an unsuccessful attack to $1,930, the price collapsed below $1,900, but buyers were ready to sustain bullion. Prices are moving in a relatively tight lateral trading range between $1,880 and $1,930, while yesterday’s decline was curbed at around $1,894 - well above…

Read more
October 23, 2020 BY Steffy Bogdanova

Breaking News: ACY Securities announces support for ASIC’s product intervention order

Justin Pooni commented: We welcome ASIC’s long-awaited announcement ensuring greater client protection and we support ASIC’s efforts in implementing robust and proportional regulation in the margin and CFD sector. He added: ACY Securities are of the view that measures introduced to improve customer outcomes will also benefit the CFD industry in supporting brokers who already…

Read more
Forex Weekly Look Back
October 23, 2020 BY Steffy Bogdanova

Forex Weekly Look Back: CFI announces full migration to MT5, ATFX launches UPS product offering

CLS, the market infrastructure provider of risk mitigation services to the global FX market, has released its operating metrics for September 2020. The average daily traded volume submitted to CLS was USD 1.785 trillion, up 8.2% from USD1.649 trillion in August 2020. TMX Group Limited announced Moe Kermani and Claude Tessier as the company’s newest additions…

Read more
Banco del Estado de Chile goes live on Edgewater Markets’ new trading platform
October 23, 2020 BY Steffy Bogdanova

Banco del Estado de Chile goes live on Edgewater Markets’ new trading platform

The platform provides Banco del Estado de Chile with customized branded solution for its clients, traders and sales teams, while preserving internal workflows, algorithms and hedging strategies. The fully automated access to Datatec’s onshore marketplace provides Banco del Estado de Chile with real-time hedging for both onshore and offshore trade flows through a fully electronic…

Read more
Collaboration
October 23, 2020 BY Steffy Bogdanova

Finastra and CloudMargin team up to deliver collateral management as a service

Stuart Connolly, CEO of CloudMargin commented: We’re delighted to provide the technology for this critical component of Finastra’s offering. The integration of our collateral management workflow tool into Finastra’s treasury and capital markets solutions creates a strong value proposition to support the full range of needs – from front to back office – of its…

Read more