The Singapore-based B2B global payments platform for emerging markets Thunes, announced that it has added KB Teo to its team as its new Chief Financial Officer (CFO), effective immediately. LeapRate reminds that back in February, TransferTo revealed a complete rebrand creating two separate companies - Thunes and DT One. Teo has more than 25 years…
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Commonwealth Bank of Australia (CBA), ABN Amro, London Forfaiting Company, Crown Agents Bank and Natixis have joined the Trade Finance Distribution Initiative (TFD Initiative) as members. The TFD Initiative is an industry-wide drive to use technology and standardisation for the wider distribution of trade finance assets. The project launched earlier this year, attracting number of…
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Refinitiv, formerly the Financial and Risk business of information giant Thomson Reuters (NYSE:TRI), announced that activity on the company’s foreign exchange platforms has reached new highs in 2019. Regional market participants across the buy-side and sell-side benefit from Refinitiv’s comprehensive offering, from dealer-to-client trading on FXall, to interdealer trading on Matching. The company has earlier this…
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FCA regulated online CFDs broker Plus500 Ltd (LON:PLUS) has announced that it has just added WhatsApp to its range of communication channels. The broker is the first derivatives firm to offer full customer support across desktop and mobile devices via WhatsApp 24/7. Currently offered in English and other selected European languages, WhatsApp joins Plus500’s existing…
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In today’s highly competitive and global business environment, forex brokers must deal with a plethora of issues that demand resources, while firms are constantly challenged to increase or even maintain existing profit margins. Unfortunately, an avalanche of new rules and regulations from the regulatory establishment has added to the burden, forcing brokerages to re-think their…
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Swiss interdealer broker Compagnie Financière Tradition (SWX:CFT) announced that it has launched its newly-revamped market data and information services division, TraditionDATA. TraditionDATA starts with a completely new executive management team behind it. The division offers flexible data packages tailored to individual requirements, ensuring clients only pay for the specific data they need. This is in…
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CySEC licensed online trading platform Libertex announced that it has just expanded its trading portfolio launching CFD for shares of Slack Inc. (WORK). The popular messenger made a direct listing at June 20th. LeapRate reminds that Slack is the third “unicorn” company, after Lyft and Pinterest, that started offering its shares in the past months.…
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Trading solutions provider oneZero Financial Systems has just released Liquidity Hub 8.0, which features an enhanced design to give clients additional tools and flexibility. LeapRate reminds that oneZero added new auto-hedging, quote filtering and automated session controls in its Liquidity Hub 7.0 version last year. Andrew Ralich, CEO of oneZero Financial Systems, commented: We are…
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Connectivity and IT infrastructure solutions provider for the financial services industry, Avelacom, announced today that it has promoted Vincent Harrison to Managing Director, Global Sales, to drive business growth and further develop Avelacom’s low latency network across the Americas, EMEA and APAC. Harrison will now be reporting directly to Aleksey Larichev, CEO of Avelacom, and…
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Fintech software provider of financial solutions TechFinancials Inc (LON:TECH) announced earlier this week its results for the year ended 31 December 2018, and as expected, they don't look good at all. Financial Highlights Revenues of US$7.8 million (2017: US$13.4 million) a decrease of 42% Blockchain trading technology revenues of US$3.8 million (2017: US$0.24 million) increased…
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