Category: Forex

CMC markets
June 09, 2023 BY Alan Sayer

CMC Markets Acquires 33% Stake in Blockchain Business StrikeX Technologies

The companies will link up to combine StrikeX's expertise in tokenisation and self-custody technologies and CMC's extensive experience in financial services. In addition, CMC Markets will gain access to the latest blockchain-related products and services, allowing it to leverage the technology for its customers over the longer term. CMC added that the "arm's length investment"…

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advanced markets x brokeree
June 07, 2023 BY Alan Sayer

Advanced Markets and Brokeree Solutions Team-Up to Enhance Liquidity and Trading Services

Anya Aratovskaya, VP Institutional Sales at Advanced Markets stated: We're excited to partner with Brokeree Solutions to offer our clients enhanced liquidity and trading services." Andrey Kamyshanov, Co-Founder and Managing Partner at Brokeree Solutions, added: We are delighted to partner with Advanced Markets and merge our Prime-of-Prime Liquidity with their innovative Liquidity Bridge. This collaboration…

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June 07, 2023 BY Steffy Bogdanova

Weekly data: Gold and AUDUSD in focus

AUDUSD  The Australian dollar had performed an uptick following the unexpected rise of the interest rate from RBA. This reaction might be temporary, though now Aussie is of the few currencies, gaining higher yields in real-time. Considering the position of AUDUSD at the intermediate-term resistance area, it may pull back as shown on the chart,…

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Match-Prime Liquidity
June 06, 2023 BY Alan Sayer

Match-Prime and SquaredFinancial Announce Long-Term Collaboration Agreement

Stavros Economides, Chief Operating Officer at Match-Prime Liquidity, said: We are delighted to onboard SquaredFinancial, a leading brokerage firm that has established itself in the industry. Match-Prime has a very similar culture to SquaredFinancial, putting its clients needs first." Economides explained that his firm delivers "tailor-made solutions" to help companies such as SquaredFinancial sufficiently adjust…

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June 05, 2023 BY Alan Sayer

Nium Appoints European Senior Vice President and General Manager - Says European Reveneu Doubled Last Year

Sandhofer joins Nium from Payoneer, an American financial services firm that provides online money transfer and digital payment services. Before joining Payoneer in 2021, Sandhofer spent almost 10 years at UniCredit before co-founding Optile, a tech business that streamlines payment acceptance processes for merchants worldwide. Prajit Nanu, Nium's CEO and Founder, commented: Despite a challenging macroeconomic…

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Interactive Brokers
June 02, 2023 BY Alan Sayer

Interactive Brokers Reveals DARTs Declines 19% YoY

Ending client credit balances were $98.7 billion, which includes $2.9 billion in insured bank deposit sweeps, representing an 8% rise from the prior year and a 1% decline compared to the previous month. Elsewhere, the average commission per cleared commissionable order came in at $3.08, including exchange, clearing, and regulatory fees. The average commission per…

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June 02, 2023 BY Alan Sayer

ASIC Issues DDO Stop Order Against Mitrade Global

ASIC's concerns were raised by a retail investor questionnaire that Mitrade used as a key step for compliance with its obligations. The questionnaire gave prompts to a prospective retail investor to review any "unacceptable answer" that would indicate that the investor was not likely to be in the target market for the products. They said…

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June 01, 2023 BY Steffy Bogdanova

Match-Trader integrates with ZuluTrade's social trading platform

Furthermore, the integration doesn’t interfere with clients’ management. Brokers can keep track of all traders’ activities and positions in their CRM and Manager app (whether it is with the ZuluTrade Platform or not). The addition of ZuluTrade platform to the Match-Trader ecosystem expands broker’s social trading offering with ZuluTrade’s wide portfolio of experienced signal providers.…

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June 01, 2023 BY Steffy Bogdanova

Equiti Group announces acquisition of digital payment technology provider Cloud Invest

Chief Managing Director of Equiti Group and Co-founder, Mohamed Alahmad, added: This strategic acquisition marks a significant step towards expanding our capabilities in the digital payments sector. Alahmad added that Cloud Invest's experience of working with banks, financial institutions and partners such as Mastercard, Visa and Network International spanning more than 10 years will boost…

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