AxiomSL, the provider of regulatory reporting and risk management solutions, has today announced that Bank of China has decided to extend its use of AxiomSL’s strategic platform to meet AnaCredit reporting requirements in France. AxiomSL will support the bank’s objective to automate the complex process of AnaCredit reporting and ensure submission in a timely and…
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Leading Swiss online banking and brokerage firm Swissquote Group Holding SA (SWX:SQN) has announced that it has acquired Luxembourg based online bank and investment firm Internaxx Bank S.A. for €27.7 million. The company said that the acquisition of Luxembourg-based Internaxx - which advertises itself as an investment firm for the expat community - gives Swissquote…
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FCA regulated Retail and Institutional FX and CFD brokerage Valutrades has announced the appointment of industry veteran Gavin Foster as a Non Executive Director of Valutrades Limited, effective immediately. Gavin Foster has been working as a strategic consultant to Valutrades since 2016 and this appointment represents an acknowledgment to the positive impact he has had…
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LeapRate Exclusive... LeapRate has learned that GKFX has continued to reshape its senior executive and directorship arms, with current board Chairman Nick Beecroft departing the board and the company bringing on board Marcus Scarlett as his replacement as Chairman. Mr. Scarlett's formal taking of a director position and the Chairman's role is still subject to regulatory…
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FactSet, a global provider of integrated financial information, analytical applications, has just announced it has been selected to be the primary market data provider for Merrill Lynch Wealth Management. Starting later this year, FactSet will deploy its Market Data solution to more than 15,000 wealth management professionals across Merrill Lynch. The web-based platform provides complete…
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Forex trading platform developer MetaQuotes has also announced today that Chinese-speaking brokers and integrators can now access all necessary information in their native language. MetaTrader 5 is gaining momentum in East Asia: over a million traders and hundreds of brokers from China, Hong Kong and Singapore already use various versions of the trading platform. The launch…
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QuantHouse, the independent global provider of end-to-end systematic trading solutions including innovative market data services, algo trading platform and infrastructure solutions, has announced that Actant’s derivative trading solutions have now been added to the QuantHouse API Ecosystem. Actant’s trading solutions deliver unique algorithmic programming flexibility and control to proprietary trading firms, market makers, investment banks…
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Continuing a somewhat troubling downward trend (see chart below), Copenhagen based Retail FX broker Saxo Bank has released data indicating that client FX and multi asset trading volumes in its system decreased by 17% during July, totaling $316 billion versus $380 billion in June. Within that total FX trading volumes were down 19%, to $226 billion,…
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After reporting record results in Q1 things seems to have cooled off somewhat during Q2 at X Trade Brokers Dom Maklerski SA (WSE:XTB). X Trade Brokers, which operates Retail Forex broker XTB.com as well as the X Open Hub trading platform, reported that Q2 2018 Revenues came in PLN 84.2 million (USD $22.8 million), down 26% from Q1's record at…
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Non-Zero (www.non-zero.io), which recently announced the Ethereum main-net launch of its retail financial markets blockchain platform, has announced that it has continued to build its management team. The company is led by Hadi Kabalan, as CEO. He has multiple years of experience in the tech and financial industries, holding the title of Executive Director at…
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