Category: Forex

FXSpotStream
August 04, 2020 BY Steffy Bogdanova

FXSpotStream's July ADV drops 7% MoM to $40.41 billion

Societe Generale went live earlier last mont on FXSpotStream’s price streaming Service as its 15th liquidity provider. FXSpotStream added Barclays back in February as the 14th liquidity providing bank to join. In July, Barclays’ liquidity became available to clients in production via the FXSpotStream Service. The existing liquidity providers on the service include Barclays, Societe…

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Argentex revenues
August 03, 2020 BY Steffy Bogdanova

Argentex Group reports 32% revenue growth for the year

Harry Adams, Co-Chief Executive Officer, stated: The increased capital strength and enhanced brand recognition that the IPO has afforded us, has positioned the business on firm foundations for our first year of trading and we’re delighted with the financial and operational momentum we have achieved. Our growth trajectory has been set against some of the…

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Huobi Asset Management secures SFC licenses
August 03, 2020 BY Steffy Bogdanova

Huobi Asset Management secures SFC licenses for securities advisory and asset management services

Elaine Sun, the Compliance Director of Huobi Tech commented: We are delighted to get licensed and it marks a good start for the Company to provide professional asset management services. The Asset Management arm is led by a team of investment professionals with extensive traditional securities investment experience and fruitful knowledge in blockchain and virtual…

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ITI Capital
August 03, 2020 BY Steffy Bogdanova

Exclusive: ITI Capital upgrades its FX trading platform

Rahul Agarwal, Managing Director for private clients UK, stated: ITI has always offered FX trading as a service to Elected Professional clients. However, given the current climate, and with our new acquisition of SVS Securities’ client book, we are developing and upgrading this offering so that it is more capable than ever, and will appeal…

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acquisition
July 31, 2020 BY Steffy Bogdanova

StoneX finalizes acquisition of Gain Capital

Glenn Stevens, CEO of GAIN, commented on the transaction: As a result of this combination, GAIN’s customers will benefit from a richer product offering, as well as the expanded resources and greater scale of the combined firm. StoneX, in turn, will add a new digital platform to its global financial network, significantly expanding its offering…

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Admiral Markets reports a record 2022% growth in first half of 2020
July 31, 2020 BY Steffy Bogdanova

Admiral Markets reports a record 2022% growth in first half of 2020

In the first half of the year, Admiral Markets also set a record growth of new customers with 260% increase since the previous year. Bogatenkov explained: Admiral Markets is today a financially secure company, offering its customers a successful partnership. Our focus is on aggressive clients’ growth. As a digitally developed company, one of the…

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forex and crypto market analysis
July 31, 2020 BY Valentina Kirilova

Daily Market News: FAANGs thrive as US economy drowns

FTSE 100 back below 6,000 on struggling banks and US economic woes Financial firms led the FTSE 100 2.3% lower on Thursday amid profit warnings from Lloyds Bank, the UK’s largest retail bank, and jitters caused by dire GDP data from Germany and the US. The FTSE 250 meanwhile was down a more modest 1.3%.…

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Forex Weekly Look Back
July 31, 2020 BY Steffy Bogdanova

Forex Weekly Look Back: Sucden Financial launches its TY3 matching engine, Soc Gen goes live on FXSpotStream

Global broker CAPEX.com, operated by Key Way Markets Ltd, announced receiving a retail license from the Abu Dhabi Global Market Financial Services Regulatory Authority (ADGM FSRA). This will enable CAPEX.com to expand its value proposition across the Middle East while providing regional investors with an online trading platform underpinned by a customer-centered and education-oriented approach.…

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