Category: Forex

September 26, 2024 BY Sam Boughedda

eToro to Acquire Australian Investing App Spaceship

The deal, valued at up to AUD 80 million, is expected to strengthen eToro's presence in the Australian market and expand its long-term savings offerings globally. Spaceship, founded in 2017, has garnered a significant following with over 200,000 clients and manages more than AUD 1.5 billion in funds. The company offers a range of investment…

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IG Group office1
September 25, 2024 BY Sam Boughedda

IG Group Begins Second Tranche of Share Buyback Program

The investment brokerage is using UBS AG London Branch to purchase shares worth up to £75 million in this phase of the program, which is expected to be completed by January 31, 2025. It said the purchased shares will be held in treasury. This second tranche is part of a broader initiative by IG Group…

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September 24, 2024 BY Sam Boughedda

Worldline Partners With Anadolubank Nederland For Cloud-Based Instant Payments

The collaboration is said to enable Anadolubank to "seamlessly comply" with the new EU Instant Payments regulation, setting a precedent for other mid-size banks seeking to modernise their operations while adhering to regulatory standards. Worldline said in its press release that its cloud-based solution offers various services, including instant payment processing, customer sanction screening, and…

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September 24, 2024 BY Sam Boughedda

ATFX Relocates MT Trading Servers to Hong Kong and London

The move is aimed at optimising services for clients across China, Southeast Asia, Australia, the Middle East, North Africa, and Latin America, ensuring faster and more stable trading experiences, according to the company. By partnering with Equinix, a colocation and interconnection vendor, ATFX said it has leveraged the company's network infrastructure to enhance performance and…

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Trading on a mobile
September 20, 2024 BY Sam Boughedda

MetaQuotes Adds Real-time Nasdaq Data

The new feature is said to offer users access to detailed market data, enabling more accurate decision-making and efficient risk management. The company said in its press release that by subscribing to Nasdaq data, users can benefit from receiving real-time tick data, "providing information on every price change and enabling deeper market analysis." Additionally, users…

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September 19, 2024 BY Sam Boughedda

ASIC Gains New Powers Under Australian Financial Market Infrastructure Reforms

In a press release, the regulator explained that the FMIs, which include entities such as financial market operators, benchmark administrators, clearing and settlement facilities, and derivative trade repositories, play a vital role in facilitating trading in Australia's capital markets. The new laws, part of the Treasury Laws Amendment (Financial Market Infrastructure and Other Measures) Bill…

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September 19, 2024 BY Sam Boughedda

GTN Promotes Zaid Aloul to Chief Commercial Officer for Middle East

In his new role, GTN said Aloul will play a pivotal role in driving the company's commercial strategy and expansion efforts across the region. Aloul has more than two decades of experience in the brokerage and wealth management sectors in the GCC and the Levant. His understanding of the regional market and his strong relationships…

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September 19, 2024 BY Sam Boughedda

Barchart and SIGMA Join Forces to Deliver AI-Powered Trading Insights

The companies said in a press release that the partnership aims to leverage the strengths of both companies and deliver cutting-edge tools and insights for traders. The partnership hinges on integrating Barchart's extensive market data across various asset classes with SIGMA's AI-driven analytics platform, with the integration expected to create a wide-ranging solution. This solution…

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Trading on a mobile
September 18, 2024 BY Sam Boughedda

PhillipCapital Added to TradingView as New Broker

The company explained in a blog post that the partnership will be especially beneficial for its Turkish users. PhillipCapital is a global stock broker and member of the PhillipCapital Group. It is headquartered in Singapore and has been operating since 1975. The company offers its services to over 1.8 million active customers across 15 countries.…

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September 18, 2024 BY Sam Boughedda

OFX Expands Operations in Germany to Bolster European Growth

The company revealed it has established a new regional team across multiple cities to better serve its clients in the region. "This strategic initiative underscores OFX's dedication to the European market, further strengthening its presence and commitment to providing exceptional financial services to its customers in Germany and beyond," said the company in its press…

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