Today, STOXX Ltd., the operator of Deutsche Börse Group’s index business and a global provider of innovative and tradable index concepts, introduced the world’s first index that uses AI-related algorithms to select companies exposed to the artificial intelligence (AI) megatrend at the Inside ETFs conference in the U.S. The new index will be available as…
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Motive Partners, an investment firm focused on technology enabled companies that power the financial services industry, today announced the launch of Motive Labs, a membership-only innovation and investment organization that will support the firm's mission to back and build the next generation of financial technology. Motive Partners also announced the founding strategic partners for Motive…
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The Foreign Exchange Professionals Association (FXPA) announced the hire of John Shay as President of the organisation, a newly created role. Additionally, FXPA has hired Mercury Strategies, represented by Justin Slaughter, as its new legal counsel. We are excited to welcome John and Justin to FXPA. They will be involved on a day-to-day basis, leading…
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PEGAS, the pan-European gas trading platform operated by Powernext, jst informed that it has achieved its best trading results in 2017 by reaching a new record with 1,953.9 TWh , improving its previous record (1,733.3 TWh in 2016) by almost 13%. The top volume was still observed on the Dutch TTF delivery area where over…
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Barracuda FX, the specialist provider of FX Order Management technology, today announced the signing of a new contract with Jyske Bank, the major Danish FX trading institution. Jyske Bank embarked on a project in 2017 to streamline their FX operations in order to make them more efficient. A detailed analysis of the Barracuda platform established…
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In Forex Industry News this week... Which Binary Options platform provider in Israel had its offices raided by the FBI? Who was revealed as the $100 million investor in Retail FX broker IronFX? How did ESMA's updated proposals to regulate leveraged CFD trading differ from its initial statement last month? And, what did ESMA have…
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Institutional FX execution services and data analytics company The Cürex Group has announced its latest senior hire, appointing Claudio Pannunzio as Managing Director, Marketing, to lead the firm's global brand and marketing strategy efforts. Claudio Pannunzio is tasked with steering Cürex Group’s global marketing functions, which encompasses responsibilities ranging from the execution of the company’s…
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Exactpro Systems Limited and its subsidiaries (Exactpro), announced that EXPLORE123 Limited, a company incorporated by the founders of Exactpro, has completed the acquisition of Exactpro from the London Stock Exchange Group (LSEG) on undisclosed terms. Exactpro is a specialist firm currently employing over 560 staff focused on functional and non-functional testing and software development of…
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National Settlement Depository (NSD) just informed that it has improved the channel for client interactions by implementing the Application Programming Interface (API) for online banking services. Now, the system allows clients to connect their software directly with NSD payment services in real time without using a special procedure to transmit messages from the automated banking…
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Exchange Data International (EDI) just announced the launch of it's new data offering: Global Economic Data. Divided in 8 major databases, and comprising more than 1.6 million carefully selected time series, over 6.7 million trend series and around 300,000 forecast series, the new service provides the most accurate, comprehensive and timely economic data, from more…
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