Category: Forex

ASIC, AFS licence
September 27, 2021 BY Steffy Bogdanova

ASIC cancels Pure Strategy’s AFS licence

The cancellation of Pure Strategy's licence will take effect in 12 months. During this period, the company will maintain its membership of the Australian Financial Complaints Authority and its obligation to hold professional indemnity insurance cover. Pure Strategy’s AFS licence was initially obtained in 2011. An external administrator has been appointed to the company this…

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Brokeree Solutions updates Social Trading
September 27, 2021 BY Steffy Bogdanova

Exclusive: Brokeree Solutions unveils its new brand image

Besides the new logo, the company also launched an updated website with a new navigation system for the solutions’ portfolio and elaborated abilities of its knowledge base. Among other features, users can now find a “Company” tab, which clearly presents the company's values and team. Earlier in August, Brokeree Solutions released a new Ratings Module…

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Antony Stephen joins Barclays new finance business as CEO
September 24, 2021 BY Steffy Bogdanova

Antony Stephen joins Barclays finance business as CEO

Ruchir Rodrigues, commented: I am delighted that Antony is joining Barclays to lead our point-of-sale finance business, and that we’re able to attract talent of his calibre. Antony’s global experience with an industry-leading firm like Amazon and his passion for customer centricity will be invaluable in driving this business forward. His vision and leadership will…

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Robinhood
September 24, 2021 BY Steffy Bogdanova

Robinhood moves quickly to double headcount of tech team

CEO Vlad Tenev said this in August: We've been aggressively hiring technology-related headcount, however over time we count on to see this line merchandise lower as a proportion of income. Robinhood's engineering jobs are all in the US, mostly based in Menlo Park, California, but the company has noted that some engineers work remotely. A…

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Moscow Exchange
September 24, 2021 BY Steffy Bogdanova

Moscow Exchange lists new options for OTC trading

The FX market OTC services’ list of instruments has been expanded. From September the market operator makes available EUR/USD and GBP/USD swap transactions through the Request for Stream (RFS) functionality, delivering quotations from leading global banks providing liquidity, with settlement through the CCP. Market participants can now also clear OTC swap transactions with the CCP…

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ASIC
September 23, 2021 BY Steffy Bogdanova

ASIC announces ban on unsolicited sale of financial products

ASIC Deputy Chair Karen Chester commented: These changes put in place fairness protections, so consumers are not sold products they don’t want or don’t need. The restrictions mean consumer needs will be central to how firms offer products. Chester continued: The new hawking prohibition addresses long held concerns about poor consumer outcomes from unsolicited sales…

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IS Prime
September 23, 2021 BY Steffy Bogdanova

IS Prime releases new index and commodity liquidity offering

Jonathan Brewer, Commercial Director of ISAM Capital Markets and Managing Partner at IS Prime said: Having our own proprietary pricing engine for indices and commodities means we can leverage our knowledge of brokers’ requirements to provide a product which is forensically tailored to their needs.  This price feed is a true institutional grade offering and…

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Interactive Brokers hires Cecelia Zhong as Executive Director
September 23, 2021 BY Steffy Bogdanova

Interactive Brokers hires Cecelia Zhong as Executive Director

Zhong added: I am pleased to join Interactive Brokers and work alongside such an accomplished team. As the financial landscape in Asia continues to evolve, I look forward to identifying and developing new business opportunities to ultimately benefit the company’s clients. Before Interactive Brokers, Zhong worked at NYSE Euronext where she was responsible for setting…

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TMGM signs a multi-year partnership with Gianluigi Buffon
September 22, 2021 BY Steffy Bogdanova

TMGM signs a multi-year partnership with Gianluigi Buffon

Buffon is also a seasoned trader with more than 20 years of experience, making this partnership a perfect fit. Buffon commented: I enter a world that has always fascinated me and that I have been following closely for many years. The partnership will give the Italian goalkeeper a digital presence on TMGM.COM. Clients of the…

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