Forex and CFD broker Tickmill has just announced that October 2018 has been its most successful month up to date with a record-breaking $145.53 billion in trading volume. This figure marks an increase of more than 23% from the Group’s consolidated trading volume for September which was previously the highest for the Group. Commenting on…
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CLS Group, the market infrastructure provider of risk mitigation services to the global FX market, has published its operating metrics for the month of October 2018. The average daily traded volume submitted to CLS was USD1.71 trillion down 1.1 percent from USD1.73 trillion in September 2018. Average daily traded volume submitted to CLS…
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After reporting fairly strong results for the first half of the year, things seems to have cooled off somewhat during Q3 at X Trade Brokers Dom Maklerski SA (WSE:XTB) thanks to lower market volatility and ESMA's new CFD rules. X Trade Brokers, which operates Retail Forex broker XTB.com as well as the X Open Hub trading platform, reported that Q3…
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Refinitiv, formerly Thomson Reuters Financial and Risk, has announced that it has added Sunday trading capabilities to its equities trading platform and announced the adoption of REDI by Riyad Capital to enhance their trading execution capabilities in Saudi Arabia. REDI enables regional and global clients to trade into the Middle East and North Africa (MENA)…
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CubeLogic, the business intelligence (BI) enabled risk management solutions company and FERDEC, the MAR/MAD II/REMIT transaction surveillance solutions for physical and financial Energy and Commodity markets, have just announced a strategic partnership to enable CubeLogic’s clients to leverage the sophisticated transaction surveillance capabilities of the ferdecTS® solution directly from within the RiskCubed suite. Increasing demand…
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IRESS has announced that CMC Markets Institutional, a provider of liquidity solutions used by many banks, brokerages, funds and dealing desks across the globe, has adopted its order management system. The new order management system helps CMC manage client pre-trade risk, positions, portfolios, margin, order routing and workflow and forms a key component of CMC’s…
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Retail FX brokerage group Gain Capital Holdings Inc (NYSE:GCAP) has announced the preliminary results of its "modified Dutch auction" tender offer, which expired at 5:00 P.M., New York City time, on November 6, 2018. GAIN Capital, which operates the FOREX.com and City Index retail forex brokerage brands, announced its intention to buy back up to $50 million of its own…
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Persona, the blockchain-based solution for identity management,has just announced its partnership with FintruX, the P2P lending ecosystem, to streamline the onboarding process for customers while ensuring they remain in full control over their personal details. Persona is the first identity management solution developing its own blockchain, as opposed to other projects being developed as ERC20…
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Virtu Financial, Inc. (NASDAQ: VIRT) has just announced that it has entered into a definitive agreement to acquire Investment Technology Group, Inc. (NYSE: ITG), which has been unanimously approved by the Board of Directors of ITG and Virtu. Virtu has agreed to acquire ITG in a cash transaction valued at $30.30 per ITG share. Clients…
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ADS Securities Hong Kong Limited (ADSS Asia) has announced the appointment of Jacob Wissum as its Chief Administrative and Compliance Officer. He will be a member of the ADSS Asia management team. He will be reporting directly to Francis Lee, CEO ADSS Asia, who commented: Jacob will provide the senior leadership and management experience to…
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