What led to the bankruptcy of what was once one of Australia's better known Retail FX brands? Who left his CEO position of an FCA licensed FX brokerage, to launch a new Retail FX brand? How is that new brand related to a leading online gaming brand? Where did Richard Bartlett (ex PrimeXM head of…
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Japan’s Financial Services Agency (FSA) has announced that it has appointed Mr. Leo Melamed, Chairman Emeritus of the Chicago Mercantile Exchange (CME Group), as the FSA advisor. Mr. Melamed became the chairman of the CME in 1969, and has been Chairman Emeritus since 1997. He has contributed to the development of financial futures markets, including…
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Monex, Inc. has announced that it has signed a financial instruments intermediary service agreement with The Shizuoka Bank, Ltd. (Shizuoka City, Shizuoka Prefecture; Hisashi Shibata, President) and will begin offering the bank’s customers financial products and services, including domestic equities, as of Friday, October 19, 2018. Shizuoka Bank, which has entered into a capital and…
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MUFG Union Bank, N.A. has announced it has signed a definitive agreement to acquire Intrepid Investment Bankers, a Los Angeles-based regional middle market investment banking firm. Following the close of the transaction, which is subject to regulatory approval and other customary closing conditions, Intrepid Investment Bankers will operate under its current name as a subsidiary…
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Moscow Exchange (MOEX) has informed the public that it has signed a memorandum of cooperation with a wide range of Russian financial market participants aimed at undertaking joint activities to grow the retail investor platform Marketplace. The memorandum was concluded at the Finopolis conference in Sochi. The memorandum was signed by chief executives of Moscow…
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Appsbroker, one of Google's European Premier Cloud Partners, has just announced the launch of Appsbroker Cloud Data, the first native Google Cloud market data platform. Appsbroker Cloud Data delivers buy-side and sell-side firms flexibility in accessing market data at a lower cost compared to existing offerings, removing the dependencies on legacy market data infrastructure and…
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The International Islamic Trade Finance Corporation (ITFC) and the Islamic Research and Training Institute (IRTI), both members of the Islamic Development Bank (IsDB) Group, have signed a memorandum of understanding for collaboration to develop innovative trade finance solutions and enhance human resources for Islamic financial institutions. ITFC is a multilateral trade financing institution established to…
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The European Securities and Markets Authority (ESMA) has published its first Annual Statistical Report on the European Union’s (EU) derivatives markets. The Report, based on data submitted under the European Markets and Infrastructure Regulation (EMIR), provides the first comprehensive market-level view of the EU’s derivatives markets which, at 31 December 2017, amounted to €660tn of…
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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 September 2018. The average daily traded volume submitted to CLS was USD 1.729 trillion up 7.7 percent from USD1.605 trillion in August 2018. Last month the company announced that Chief Executive…
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ANZ has just announced the appointment of Mitchell Mason as CEO Japan, reporting to Farhan Faruqui, Group Executive, International. Mr Mason brings 18 years of banking experience to ANZ, having worked previously at Bank of America Merrill Lynch and Deutsche Bank. Prior to joining ANZ, he was Managing Director, Japan Chief Operating Officer, and Member…
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