Prime brokerage CFH today announced rebranding to Finalto. The company stated that the rebranding reflects the firm’s first step toward full integration and assimilation of the different companies that make up the group. Playtech responded to rumors last week and confirmed that it was discussing the sale of Finalto with a management consortium of Israeli…
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Fear, however, is pushing many of the traders who have shorts on silver to start covering their positions. Sellers of the physical metal are also rushing to cover their short positions, to avoid finding themselves at a loss in the face of the startling increases. We must also stress, however, that a successful attack on…
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He has almost two decades of experience in the financial markets. Prior to ACY Securities, Jessen was CEO of Profile Booster, where he helped some of Australia’s largest Forex brokers drive business and position them for growth. Other previous jobs include Director of Communications at Invast Financial Services, Director of LCG Markets in Australia. Jessen…
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For example, the group offers, liquidity and STP processing from Tier 1 banks, ECNs and non-bank liquidity pools to give brokers the flexibility they need for their trading customers. It also has 360 tech trading solution for brokers that to help them manage every aspect of a trading platform and customer relationships. Finalto’s multi-asset trading…
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Shilpa Dubey, Head of APAC for Edgewater said: We are excited to be able to offer a flexible solution exclusively for Asia-Pacific market participants. We have clients across the region who trade with us over GUI and API channels. By leveraging our regionally based front to back hosted solution, they can now connect to us…
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Martin Brand, Senior Managing Director, Blackstone: LSEG’s combination with Refinitiv creates a global leader in financial data and infrastructure. We are excited to be a long term partner to LSEG as the company continues to grow and innovate. LSEG announced yesterday that al shares have been issued to the Refinitiv Sellers in accordance to the…
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Daly commented: It has been exciting working with Catena Media’s US growth engine these last few years. And now the opportunity to work directly with all our global teams is even more exhilarating, as it is a much bigger growth engine. interim CEO Blomberg said: I have great trust and confidence in Michael as new…
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EUROPEAN SHARES European markets drifted lower at the opening of the last trading session of the week, following the global trend sparked on US shares yesterday. The worst weekly slide in three months on global markets came despite reassuring earnings and macro data this week, following concerns over volatile retail trading in the US. The…
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Germany’s Federal Financial Supervisory Authority (BaFin) filed criminal complaint on Thusrday against one of its employees for suspected insider trading in payments company Wirecard. BaFin said that the employee of the securities supervision department sold structured products based on Wirecard on 17 June 2020. The date is one day before Wirecard’s auditor EY found that 1.9…
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Robinhood stated on Thrusday: We made a tough decision today to temporarily limit buying for certain securities. As a brokerage firm, we have many financial requirements, including SEC net capital obligations and clearing house deposits. Some of these requirements fluctuate based on volatility in the markets and can be substantial in the current environment. Robinhood…
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