Category: Forex

April 19, 2017 BY Valentina Kirilova

Former CIO at Bank of Montreal joins Axioma as Managing Director, Corporate Strategy

Axioma, a provider of enterprise market risk and portfolio management solutions, announced the appointment of industry veteran George N. Patterson as Managing Director, Corporate Strategy. As part of Axioma’s newly formed Corporate Strategy Team, Patterson will focus on identifying buyside trends and market opportunities to expand the company’s footprint and accelerate growth. Patterson was previously…

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April 18, 2017 BY Valentina Kirilova

Energy Services Group completes acquisition of UK-based Utiligroup

Energy Services Group, LLC (ESG), the retail energy industry provider of SaaS solutions including transaction management (EDI), billing and CIS, wholesale energy services, and sales and pricing, announced today it has acquired UK-based Utiligroup. The combination will enable local and global energy resellers across North America, the UK and Japan to offer business and residential…

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April 18, 2017 BY Valentina Kirilova

Investoo consolidating Forex Broker comparison sites with 100ForexBrokers.com acquisition

FX affiliate Investoo Group just announced the purchase of 100ForexBrokers.com. It is the Group’s largest acquisition to date. 100ForexBrokers.com, launched in 2012, is a Forex broker comparison site with 60,000+ unique visitors per month and 100s of real user reviews. Adam Grunwerg, CEO of Investoo Group, commented: This acquisition generates a huge boost to our…

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FlexTrade integrates MSCI Risk and Factor Analysis
April 18, 2017 BY Valentina Kirilova

FlexTrade introduces augmented reality trading app FlexAR

Multi-asset execution and order management systems company FlexTrade Systems introduced FlexAR – an augmented reality trading application offering a new way of visualising and presenting trading via the company’s FlexTRADER EMS. FlexAR builds on existing technology and APIs within FlexTRADER’s open architecture offering an interactive order blotter, trade ticket and charting, all presented in a…

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INTL FCStone opens its know-risk platform to broader market
April 18, 2017 BY Valentina Kirilova

INTL FCStone becomes direct participant to LBMA Gold Auction

INTL FCStone Inc. (NASDAQ:INTL) today announced that its London-based subsidiary, INTL FCStone Ltd's Precious Metals division is now a Direct Participant to the London Bullion Market Association (LBMA) Gold Auction, having been approved to participate in the process earlier this month. ICE Benchmark Administration (IBA) introduced central clearing to the twice-daily London gold auction, removing…

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April 18, 2017 BY Valentina Kirilova

KCG trade volumes drop in March

KCG Holdings, Inc. (NYSE: KCG) today released trade volumes for the month of March 2017. In Market Making, KCG averaged $26.3 billion dollar volume traded (slightly down from February's $28.0 billion), 10.4 billion shares traded, and 3.3 million trades per day in U.S. equities. In Global Execution Services: KCG Institutional Equities averaged 206.0 million U.S.…

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April 16, 2017 BY LeapRate Staff

Forex broker bankrupt: GCMFX parent files, and GCM Prime connection

Gallant Capital Markets Ltd, the British Virgin Islands incorporated parent company of retail forex broker GCMFX, has announced on its website gcmfx.com that it has filed for bankruptcy via a voluntary petition under Chapter 11 of the United States Bankruptcy Code, with the United States Bankruptcy Court for the Eastern District of New York. GCMFX…

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