FX technology company Integral just released its volumes report for the month of February 2019. Average daily volumes (ADV) across Integral platforms totaled $33.3 billion in February 2019. This represents a decrease of 4% compared to the previous month. The volume across Integral platforms totaled $666.4 billion in February 2019. Notably, February has two fewer…
Read more
Payments services and technologies provider SafeCharge International Group Ltd (LON:SCH) just announced that it has appointed Susanne Chishti as a non-executive director to its Board, effective immediately. Chishti is the CEO and founder of FINTECH Circle and has over 20 years of experience in the banking and FinTech sectors, as well as board level experience…
Read more
Online brokerage and investment company RoboMarkets just informed its clients that it has made some changes to its conditions for trading indices. Effective March 1st to May 31st 2019, the company will reduce spreads for trading DE30, as well as the commission for all other Indices available for trading to RoboMarkets clients. For DE30 Index, spreads…
Read more
TradingScreen Inc. (TS) today announced the release of QUO, a cloud-based platform for managing investments that is being marketed as a ‘software-as-a-service’ SaaS. The new service offers a platform with streamlined and efficient execution across a suite of workflow streams. The company has significant experience with developing such systems as it currently offers an order…
Read more
Virtu Financial, Inc. (NASDAQ:VIRT) has just completed its acquisition of Investment Technology Group, Inc. (NYSE:ITG) in a cash transaction valued at $30.30 per ITG share, or a total of approximately $1.0 billion. Virtu Financial has entered into a definitive agreement to acquire Investment Technology Group back in November 2018. Douglas Cifu will continue to serve…
Read more
Online gaming and financial trading company Playtech PLC (LON:PTEC) announced that on 04 March 2019 it purchased a total of 239,482 of its ordinary shares of no par value each (the "ordinary shares") on the London Stock Exchange (LSE) through the Company's broker Goodbody Stockbrokers UC as detailed below. The repurchased shares will be cancelled. Number of…
Read more
Multibank FX aggregation service FXSpotStream has announced its February 2019 volumes. ADV volumes came at $34,835, down 9.2% MoM, but up 21% YoY, in the shortest month of the year. ADV figures for February are based on 20 trading days (in comparison to 22 days in January 2019). FXSpotStream's total volume was $696,702 last month.…
Read more
Celsius Network, a borrowing and lending platform for cryptocurrencies, today announced that Samantha McDonald, CPA, has joined the company as CFO. McDonald has wide experience in the financial services and investment industries. She started her career at Deloitte as a senior accountant after graduating with a masters in accounting before moving on to become CFO…
Read more
TradingScreen Inc. (TS), an order and execution management system (OEMS) for all asset classes, yesterday revealed a strategic collaboration with BIDS Trading (BIDS), a U.S Alternative Trading System (ATS) that also powers the European Cboe LIS. The new alliance will allow market participants on the buy-side to access the biggest U.S. block liquidity provider as…
Read more
FX brokerage group GAIN Capital Holdings, Inc. (NYSE: GCAP), which operates the FOREX.com and City Index retail forex brands, has released its financial results for the fourth quarter and full year 2018. The full year report showed massive improvement as compared to last year. The Q4 highlights are: Net revenues grew to $79.9 million as compared to $62.7 million in…
Read more