Saxo Bank has announced that the Denmark financial regulator FSA has approved the transaction which will see China's Geely Group take control of the Copenhagen based online trading services provider. The transaction, first announced in October 2017, saw China’s Geely and Finland’s Sampo take control of Saxo Bank, buying out TPG Capital and SinarMas in…
Read moreRosenthal Collins Group LLC (RCG), an independent futures brokerage and clearing firm, has announced the appointment of Steve Ivey as Executive Vice President & Chief Risk Officer. Ivey brings more than two decades of risk management experience in trading, liquidity, credit, operational and market risk. Starting his role at RCG this week, Ivey joined the…
Read moreCySEC regulated online forex broker Orbex has announced that it held its partnership ceremony at the Hotel Le Grand, Amman, Jordan, where several prominent figures representing the Jordanian Securities Commission (JSC), traders, and experts in the field of trading attended. As an international forex broker, the partnership with Ajiad Securities will enable access to trading…
Read moreAbu-Dhabi based financial services firm ADS Securities has announced the appointment of Nael Saleh as its new Head of Retail Sales in the Middle East and North Africa region, for its FX and CFD brokerage business. Mr. Saleh will report into ADS Securities’ global Head of Retail Sales, Jason Hughes, who commented: We are delighted to…
Read moreBusiness finance company MarketInvoice has announced that it joins a select group of alternative finance firms on NatWest’s Capital Connections panel. Capital Connections helps SMEs to access alternative sources of capital after being unable to secure traditional financial backing. Business customers are signposted to the panel of innovative sources of finance including equity crowdfunding, marketplace…
Read moreAxiomSL, the provider of regulatory reporting and risk management solutions, has announced the launch of its IFRS 17 solution, which offers an industrialised end to end process to efficiently address the highly intensive IFRS 17 requirements. AxiomSL’s IFRS 17 solution provides automation with strong data management, reconciliation, flexibility and traceability capabilities whilst reducing the Total…
Read moreCalypso Technology, Inc., provider of cloud-enabled capital markets and investment management software and services, has announced that Didier Bouillard has joined as Chief Executive Officer and a member of the Board of Directors. Based in London, Mr. Bouillard will oversee Calypso Technology as the company continues to expand its capabilities to lead the capital markets…
Read moreAfter a torrid start to the year including record trading volumes across nearly all its product categories in February, Copenhagen based online broker Saxo Bank has reported that March volumes cooled off somewhat, with declines in all areas. In February, Saxo reported an astounding total trading volume of $612.1 billion – the best volumes result we’ve ever…
Read moreAustralia based Retail FX broker AxiTrader has announced the official opening of its new office in Dubai. Combined with a DFSA (Dubai Financial Services Authority) license and fully staffed by a dedicated local team, the company is well positioned to continue its recent growth in the Middle East region. The launch of this latest operation,…
Read morePlexal has announced that it has been appointed by the UK Government to deliver a major cyber security innovation centre on the site of London’s Olympic Park. Opening in Spring 2018, the £13.5m innovation centre will be led by Plexal, hosted in Plexal City at Here East (a 1.2million sq ft digital and creative hub),…
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