Category: Forex

StoneX
February 12, 2021 BY Steffy Bogdanova

StoneX taps Genesis low-code application platform to digitise middle office workflows

The Genesis Low-Code Platform (LCAP) is the only low-code platform native to financial markets and created to focus on the specific requirements of the industry. It offers rapid creation and deployment of applications to meet the traditional automation and simple Business Process Management (BPM) needs and the complex use cases requiring event handling processors and…

Read more
daily market analysis
February 11, 2021 BY Steffy Bogdanova

Daily market commentary: investors continue to digest disappointing inflation figures from the US

EUROPEAN SHARES  European shares fluctuated on Thursday, following a slightly positive Asian session on lower volumes than usual, as investors continue to digest disappointing inflation figures from the US. However, despite this short-term pause, there is nothing threatening from a technical point of view. Most benchmarks are still trading above strong support levels with no…

Read more
IS Prime
February 11, 2021 BY Steffy Bogdanova

Daniel Lewis and Jodie Barrett join IS Prime sales team

Daniel Lewis said: IS Prime has an excellent reputation worldwide and an impressive track record as a market-leading Prime of Prime. This is a great opportunity for me and a natural next step in my career. My broad range of experience in the brokerage industry gives me the market knowledge and relationships to help IS…

Read more
oneZero
February 10, 2021 BY Steffy Bogdanova

oneZero expands Hub platforms with new Institutional Hub 

The new Institutional Hub makes it possible for clients to easily refine all trading criteria with advanced price formation, customised distribution, systematic hedging, aggregation and risk management. Utilising such comprehensive price formation capabilities alongside data from Insights means that banks and institutional brokers can thoroughly evaluate their liquidity provider performance and client trading trends. A…

Read more
acquisition
February 10, 2021 BY Steffy Bogdanova

Fintech firm FDCTech to acquire Genesis Financial

Genesis operates its business mainly in the Asia-Pacific region through two Australian entities. The company reported consolidated revenue and EBITDA of USD 15.6 million and USD1.2 million, respectively for 2020.  With FDC's software development resources, Genesis is planning to expand in Australia's fragmented Independent Dealer Group business sector. FDC's Chief Executive Officer, Mitchell M. Eaglstein,…

Read more
StoneX
February 09, 2021 BY Steffy Bogdanova

StoneX revenue rises 1,200% after acquiring Gain Capital

StoneX completed the acquisition of Gain Capital in August 2020 in a $36 million deal. To execute its plan for the merger of GAIN’s UK operations, the company preparing to mitigate its exposure to the British Pound in the Gain subsidiaries. As part of its strategy, StoneX increased the US dollar balances in the Gain…

Read more
Eventus Systems
February 09, 2021 BY Steffy Bogdanova

Investment firm First New York picks Eventus Systems for trade surveillance

Fischman noted that the firm’s compliance and technology teams considered several trade surveillance solutions and conducted multiple demos with each one before choosing Eventus. He stated that First New York executes hundreds of thousands of transactions annually, and the way Validus can be trained through its machine learning capability really stood out among others, with…

Read more
February 09, 2021 BY Steffy Bogdanova

Weekly forex data: focus on inflation

From a technical perspective, the uptrend still seems to be active on this timeframe: there has been no clear breach of the 100 SMA. However, price has now moved out of oversold based on both Bollinger Bands (50, 0, 2) and the slow stochastic (15, 5, 5), so more losses this week might be expected…

Read more