ANZ Bank New Zealand has just announced it had reached an agreement to sell its 55% stake in Cambodian JV ANZ Royal Bank to J Trust, a Japanese diversified financial holding company listed on the Tokyo Stock Exchange. The decision to sell the stake is in line with ANZ Group’s ongoing strategic review of international…
Read moreLeapRate Exclusive... LeapRate has learned that a new EU regulated provider of liquidity and risk management services has launched, based in Cyprus, called INFLYX. Seeking to broaden the scope of liquidity services to Forex and CFD brokers, INFLYX has launched a programme of comprehensive solutions for managing liquidity risk. This programme is intended to minimise exposure…
Read moreThe management turnover at forex broker platform and technology provider Leverate is continuing, with the latest senior executive to depart being Ben Richter. Ben Richter had been with Leverate since January 2016, joining as Head of Institutional Sales before being promoted last year to Head of Global Sales. He had joined Leverate after spending eight…
Read moreDeutsche Börse AG has just announced that its shareholders gave their approval to increase the number of Supervisory Board members from 12 to 16. In addition, the following new members were elected for three leaving members of the shareholder representatives: During his professional career in Germany and abroad, Martin Jetter has held various senior roles…
Read moreSaxo Capital Markets, the online multi-asset trading and investment specialist, has just announced the appointment of Eleanor Creagh to the newly-created role of Australia Markets Strategist. Ms Creagh will support Saxo’s expert Global Sales Trading team with trading ideas and financial market insights, reporting to Saxo Bank Group’s Chief Economist and Chief Investment Strategist, Steen…
Read moreIn a fairly rare occurrence in today's corporate world, online gaming and financial technologies provider Playtech PLC (LON:PTEC) has seen its shareholders reject the company's proposed Annual Report on Remuneration at the company Annual Meeting held yesterday in the Isle of Man. Except in rare circumstances, annual meeting board resolutions are usually adopted (by wide margins) at…
Read moreBME Clearing, the Central Counterparty (CCP) operated by BME, will expand its product range to offer gas natural contracts as of 24th May. The contracts that will be added to BME Clearing are day-ahead (daily contracts) and the whole range of natural gas futures (with weekly, monthly, quarterly, seasonal and annual maturities). These contracts will…
Read moreCLS Group, the market infrastructure provider of risk mitigation services to the global FX market, has published its operating metrics for the month of April. It shows a year on year increase of 17.2%. The average daily traded volume submitted to CLS was USD1.777 trillion down 4.2% from USD1.855 trillion in March 2018. Average daily…
Read moreCyprus-based FinTech provider ImpacTech has announced that it is about to offer brokers an intelligent enterprise management system, called ImpactCRM. It can be ordered in MetaQuotes' Marketplace of ready-made brokerage solutions for MetaTrader 5. The architecture of ImpactCRM offers out-of-the-box connectivity with 250 payment providers, Back Office Tools, Risk Management Analytics and provides integration with…
Read moreInformation giant Thomson Reuters (NYSE:TRI) announced that it has enhanced its World-Check One platform with the launch of Media Check, a unique media screening and processing feature powered by artificial intelligence (AI) that helps address the regulatory and reputational consequences of overlooking key data in the fight against financial crime. Media Check’s machine learning capability…
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