Category: Institutional

Playtech finalto
May 26, 2021 BY Steffy Bogdanova

Playtech to sell its financial division Finalto for $210 million

In the official, announcement, Playtech shared its intentions to focus on its “technology-led offering as a pure play business in the B2B and B2C gambling markets” and unlock significant capital through the transaction. Weizer added: Looking forwards, Playtech will focus on its technology led offering in B2B and B2C gambling, driven by our online expertise…

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Tickmill partners with TradingView to strengthen its futures offering
May 25, 2021 BY Steffy Bogdanova

Tickmill partners with TradingView to strengthen its futures offering

The latest expansion in the futures space allows Tickmill’s clients to speculate on long-term action, invest in long-term direction and hedge their portfolio using instruments previously inaccessible to retail traders. The new exchange-traded Micro products gives retail clients the opportunity to trade in a fast-growing market, previously only available to those with large cash deposits.…

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StoneX
May 20, 2021 BY Steffy Bogdanova

StoneX Markets rolls out self-service OTC platform

Mark Maurer, CEO & President of StoneX Markets, commented: We’re excited to unveil MyStoneX, one of the most comprehensive and powerful tools on the market for developing and executing risk-based OTC hedging strategies. In addition to providing the industry’s most sophisticated technology offering that can support more than 200 commodity products, MyStoneX addresses an educational…

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partnership
May 19, 2021 BY Steffy Bogdanova

TradingHub services to be offered to J.P. Morgan buy-side clients

By analysing the market data available in the public sphere alongside its own database of anonymous yet permissioned client trades, the proprietary modelling from TradingHub can determine more precise mid-prices both intraday and spanning all product types and asset classes. The data is also able to provide support for TEAM’s very own order routing tool,…

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Match-Prime Liquidity onboards forex broker Skilling
May 17, 2021 BY Steffy Bogdanova

Match-Prime Liquidity onboards forex broker Skilling

Match-Prime ECN Liquidity solution offers liquidity on a Prime of Prime model. The solution is based on matching engine technology to provide fast execution service available among more than 1000 instruments and equities with up to 10 levels of market depth. Stavros Economides, COO at Match-Prime Liquidity, added: Skilling is a fast-growing, well-known fintech company…

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May 14, 2021 BY Steffy Bogdanova

Marex expected to release registration document for IPO today

The company has identified significant consolidation opportunities within the relatively disjointed territory in which it operates. Within the market, many small players lack the necessary scale and are also beginning to struggle with the increasing burden of regulations and technology. Marex has also managed to demonstrate profitable growth despite the presence of recent market volatility,…

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acquisition
May 14, 2021 BY Steffy Bogdanova

ETX Capital to acquire all assets of UK fintech Oval Money

Guru Capital has stated that the merger ETX’s and Oval’s goals to allow access to a wide range of financial services. Launched in 2017, Oval Money Ltd. offers savings and investment options to more than 350,000 users via a mobile app. The company was incorporated by Italian entrepreneur Benedetta Arese in 2016. The company is…

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Acquisition
May 13, 2021 BY Steffy Bogdanova

S&P Global and IHS Markit issue update on merger

The divestiture is pending regulatory and antitrust authorities’ approval. According to the official update, S&P Global and IHS Markit are working with regulatory institutions on the proposed merger, including on the proposed divestiture. The merger is on track to close in the second half of 2021 as previously planned. HS Markit announced earlier in March…

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Eventus Systems
May 13, 2021 BY Steffy Bogdanova

Eventus Systems signs first Australian client - Morrison Securities

According to the official announcement, Morrison Securities will go live on Validus in July for trade surveillance of its activity on the ASX, Chi-X Australia (CXA) and the National Stock Exchange of Australia (NSX). The company will deploy the cloud-based version of platform, hosted in real-time. William Slack, Managing Director, Morrison Securities, added: We see…

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