CLS’s Head of Information Services, Masami Johnstone, commented: After the surge in volume in September, daily traded volumes in October were subdued at USD1.71 trillion (-4.4%). Both FX spot and FX swap volumes declined compared to the previous month by 8.9% and 3.8%, respectively. The spot volume decline was notable for EURUSD, where there was…
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Gerald Corcoran, RJO Chairman and CEO commented: We selected Broadridge as our strategic partner on this important infrastructure initiative to help us set a new industry standard for global derivatives processing. We share a vision with Broadridge for service excellence, transparency and an agile approach to meeting evolving and emerging business requirements. Many of the…
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Wright is also Chair of the Advisory Council and AML Working Group at Global Digital Finance, an industry-led initiative in defining codes of conduct and best practices for the virtual asset industry. Eventus CEO Travis Schwab said: BitMEX has taken a variety of important steps over the past year to enhance its commitment to market…
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The acquisition of Ruizeanmarkets’ Cyprus operations comes at a time when Accuindex is strengthening its position and regulated activities to win a larger share of the Forex and CFD markets. The quickly expanding brokerage recently appointed Samer Mourched as the firms Group Chief Operating Officer. Mourched, who has fifteen years of experience in senior and…
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Ian Lowitt, Chief Executive of Marex Spectron, commented: XFA is a very exciting addition to our business. This acquisition will be an important building block in our plans to expand in North America, which is our fastest growing region. XFA is an exceptional fit, adding new products to our service offering. The acquisition creates opportunities…
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Tom Higgins, Founder and CEO, Gold-i added: We are delighted that DMALINK has chosen to join Gold-i’s Matrix NETwork, providing Gold-i clients with a broader choice. With its focus on emerging markets, and no brokerage fees to market makers, DMALINK’s institutional liquidity will undoubtedly be of great interest to our clients, giving them access to…
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The first to highlight the error was Daniel Wiener, the editor of the Independent Adviser for Vanguard Investors newsletter. He noted that his monthly brokerage statements revealed the estimated yield on Vanguard’s New York Municipal Money Market fund (VYFXX) to be unchanged at 1.27% between October 2019 and September 2020. But Vanguard’s website had reported…
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Mark Ellis, Business Development Manager of MAP FinTech, stated: We are committed to offering state-of-the-art scalable solutions that simplify the way our globally active financial services clients meet their regulatory requirements without encumbering operational flexibility. By extending our collaboration with DTCC, we ensure that our clients operating in Australia will continue to enjoy a best-in-class…
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Brokeree Solutions’ recently launched multi-server PAMM system enables large brokerages to instantly provide clients with advanced PAMM service by connecting multiple MetaTrader 4 and 5 servers within one money management system. Brokeree PAMM works in unison with the trading platform, it also manages profit distribution separately and provides convenient web portals for money managers and…
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Harpal Sandhu, CEO of Integral commented: We are pleased to be extending our partnership with Refinitiv via the FXall platform, which is recognized as a market leading multi-dealer platform. Integral’s mission is to open up the institutional FX markets to support greater efficiency and choice. Our partnership with Refinitiv supports this strategy and will be…
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