Category: Forex

September 27, 2017 BY Valentina Kirilova

Vietcombank selects Thomson Reuters Electronic Trading to power its business in Vietnam

Vietcombank announced today it has selected Thomson Reuters (NYSE:TRI) Electronic Trading (ET) to power its business in Vietnam and strengthen its presence in both the local and international foreign exchange markets. Foreign exchange trading has significantly increased in Asia, with 21% growth since 2013 - South East Asia in particular is a large part of…

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PrimeXM Tickstarter FX connectivity
September 27, 2017 BY LeapRate Staff

PrimeXM to partner with Tickstarter for institutional FX connectivity for prime brokerages and hedge funds

Aggregation and connectivity solutions provider PrimeXM and trading systems integrator Tickstarter have announced that they will be forming a partnership to promote institutional connectivity for prime brokerages and hedge funds. The new partnership reflects PrimeXM’s vision for growth and will further enhance the company’s commitment to strategic expansion. Cristian Vlasceanu, PrimeXM CEO commented: We are…

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Advanced Markets Ltd signs up to FX Global Code of Conduct
September 27, 2017 BY Valentina Kirilova

Hotspot adheres to FX Global Code

Hotspot, a CBOE Holdings, Inc. (NASDAQ:CBOE) company and a platform for institutional foreign exchange (FX) trading globally, has announced it has aligned its activities across its global business with the principles of the FX Global Code (“the Code”), issuing a Statement of Commitment today.   Following a comprehensive internal review, Hotspot’s business practices, procedures, compliance…

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September 27, 2017 BY Valentina Kirilova

NEX Markets launches community-based FX analytics tool NEX Quant Analytics

NEX Markets, a NEX Group (LON:NXG) business which provides electronic trading technology services in the fixed income and foreign exchange (FX) markets, announced today that it has launched NEX Quant Analytics, a FX market comprehensive community-based analytics tool for clients trading on the EBS platform. Individual banks and trading houses may use similar analytics internally,…

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Tickmill acquires Vipro Markets
September 27, 2017 BY LeapRate Staff

Tickmill acquires Retail FX broker Vipro Markets

Consolidation continues in the Retail Forex market, with the latest contestants in the merger game being FCA regulated Tickmill acquiring CySEC licensed Vipro Markets. The acquisition was effected by Tickmill injecting $2.2 million of new capital into Cyprus-based Vipro Markets Ltd, in return for a majority stake in the company. We understand that operating conditions…

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Plus500 Sofia office
September 26, 2017 BY LeapRate Staff

Exclusive: Plus500 denied financial services license in Bulgaria

LeapRate Exclusive... LeapRate has learned that Plus500 BG EOOD, the Bulgarian subsidiary of global CFD broker Plus500 Ltd (LON:PLUS), has been denied by the country's financial regulator Financial Services Commission (FSC) in its application to receive a financial services license in Bulgaria. The regulator did not state a reason for its decision. Plus500 has more…

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Board of Directors
September 26, 2017 BY Valentina Kirilova

Equifax Chairman and CEO Richard Smith retires

The Board of global information solutions company Equifax Inc. (NYSE: EFX) today announced that Richard Smith will retire as Chairman of the Board and Chief Executive Officer, effective September 26, 2017. The Board appointed current Board member, Mark Feidler, to serve as Non-Executive Chairman. Paulino do Rego Barros, Jr., who most recently served as President,…

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