Additionally, the number of active clients on the platform also achieved a record figure of 209,370 traders in July, up from 204,925 registered in June. Last month, Exness joined the Financial Commission as its latest member, ensuring protection for up to €20,000 per client, backed by the commission’s Compensation Fund and other benefits. The company…
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Gopher responded on Tuesday with disappointment in Playtech’s supplement circular, claiming that it has answered its questions and the urged its shareholders to vote against the sale of Finalto to the Consortium. In its latest response, Playtech stated that it does not agree with how Gopher described the string of events and claims it is…
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GOLD Gold is still trading inside its mid-term bullish channel, above the support at $1,808 as well as the 89 period Exponential Moving Average (EMA) despite an increase in risk appetite. It is not so usual to see “risk-off” assets edge higher even as stocks and other riskier assets trade near record levels as the…
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In March 2021, TP ICAP completed the acquisition of Liquidnet and in the second quarter of the year its revenue was fully considered. In the first half of this year, Liquidnet generated £55 million revenue. Excluding this number, TP ICAP’s revenue declined 7% in H1 on a constant currency basis. Not counting Liquidnet’s contribution, the…
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David Hodge, Chief Revenue Officer with OANDA, said: We’re delighted to welcome John to the OANDA team. His extensive experience in the electronic trading sector will enable the firm to further transform our operation in North America, driving company growth and strengthening our reputation in the region. Farda commented: Backed by our institutional-grade multi-asset platform…
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As well as taking on the new role as SWIFT CTO, McGuire will also continue to hold posts with other institutions. These are mainly linked to the realm of cybersecurity. She comes with a high level of prestige as her previous role was as the Group Chief Information Security Officer at Standard Chartered Bank. Perhaps…
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The Playtech added: Shareholders should ask why Gopher continues to hide and should also be suspicious of Gopher’s credibility, particularly given that disclosure is crucial when buying a highly regulated business. Furthermore, the firm associated with Gopher, TT Bond Partners, is a small boutique brokerage that raises money from Chinese investors. Gopher’s behaviour has not…
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OIL Oil markets are holding losses following yesterday’s break-out of their short-term bullish channel. Market sentiment towards oil turned negative this week as more and more bearish drivers piled up, leading prices to a sharp but potentially limited correction. In fact, short-term investors scared by demand disruptions from China, caused by the rapid spread of…
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Ray Tierney, President of Itiviti, a Broadridge business, commented: We are excited to formalize our four-year strategic partnership with Alpha Omega through this acquisition. We are leading technology innovation in post-trade, and this acquisition is a testament to our continued growth and momentum in transforming this space. NYFIX Matching is the first ‘one-stop’ platform to…
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The July ADV reached 17.6% increase YoY, compared to the same period last year. The broker’s ADV encompasses volumes traded across the group’s liquidity network which includes TrueFX and Integral OCX, in aggregate. In July, Integral revealed that UAE retail brokerage GoDoFX selected Integral MarginFX to support the growth of its FX and CFD business.
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