GCEX offsets trades with Tier-1 banks and non-bank LPs, who offer both CFD and Spot for crypto assets to reduce risk exposure. GCEX do not self custody, and only works with 3rd party insured custodians. GCEX offers liquidity for all traditional products including FX, commodities, CFDs, and many crypto-crypto and crypto-fiat crosses with major currencies,…
Read more
Asset management and global hedge fund customers - who utilise Broadridge’s automated processes to enhance the quality of their data and manage their compliance requirements to focus on earning returns for clients - will now reap the rewards of FundApps’ compliance-as-a-service solution, which fully automates both compliance reporting and monitoring. By combining the capabilities of…
Read more
Dean Berry, Group Head of Trading & Banking Solutions, Refinitiv, commented: We are pleased to now support messaging from CME FX Link activity in order to standardize and streamline how customers can integrate in an efficient way with this growing marketplace for FX swaps. CME Group’s FX Link is available in a central limit order…
Read more
Iskandar Najjar, Equiti Group CEO, said: Equiti Group is committed to ESG (environmental, social and governance) practices and supportive, not only of meeting demands for these financial instruments, but also continually looking at ways of practically increasing our support. We are very pleased that our global product and risk teams have been able to swiftly…
Read more
Thomas Gottstein, Chief Executive Officer of Credit Suisse Group AG, commented: Our results for the first quarter of 2021 have been significantly impacted by a CHF 4.4 billion charge related to a US-based hedge fund. The loss we report this quarter, because of this matter, is unacceptable. Together with the Board of Directors, we have…
Read more
David Zruia continued: The acquisition represents an important strategic step for Plus500 as we continue to transition into a global, multi-asset fintech group. Our long-term ambition is to enable simplified, universal access to financial markets, and I’m excited that we have taken a further step toward achieving this today. Bill Cunningham, Andrew Busby and Nate…
Read more
Singapore is notably in the top rankings of trading destinations for FX on a global basis. The Bank of International Settlements (BIS) has reported that Singapore is only marginally trailing behind the UK and the US in the multi-trillion dollar FX market. While distributing up-to-date market statistics for last month, SGX revealed a surge in…
Read more
By the end of the next financial year-end, Starling will be set to report its first ever complete year in profit. The announcement of Goldman Sachs’ significant investment will be a key factor in driving Starling’s ongoing lucrative growth. While the announcement has been made, the transaction is still subject to approval from regulators. James…
Read more
The forward and spot FX market saw 2% increase in volumes, reaching $0.117 trillion and $0.483, respectively. The numbers in these sections of the market remained lower compared to the ones reported during the same period in 2020. CLS’s Global Head of Product, Keith Tippell, commented: In the first quarter of 2021, we witnessed record…
Read more
The FastMT solution is customised for each broker, analyses latency in real-time to find the optimal location for access servers and delivering ultra-low latency for each global client. The solution is offered as a subscription service allowing ongoing monitoring of latency by Your Bourse and FastMT, and providing ongoing savings to the broker. Aytugan Khafizov,…
Read more