Global Kapital Group just announced that it has decided not to on-board new retail and elective clients to GKFX UK. GKFX UK will continue to serve institutional and professional clients through GKFX UK platform. Given this change in GKFX segmentation strategy, Global Kapital Group decided to re-brand GKFX UK as GKPRO starting 1st of June…
Read more
Online trading services provider, CFI Financial Group, has just announced a partnership with Formula E rookie Oliver Rowland. Rowland who races in the all electric championship for Nissan E.Dams, will become a CFI brand ambassador for the next two years. The agreement, brokered by Blackcastle Sport, sees the investment and trading corporation join forces with…
Read more
Global liquidity provider X Open Hub announced that it has added to its offering lower spreads on popular instruments (DAX, Gold, OIL, EUR/USD, etc.). The company has also made some further improvements across both Asian and European markets. X Open Hub's offering has grown significantly, including MT5/MT4 Bridges, integration measures, FIX, and more recently a…
Read more
Liquidnet announced that it has acquired the marketplace and aggregator for institutional research RSRCHXchange. Liquidnet will now be able to deliver relevant insights directly to investment teams through the Liquidnet platform. The company has acquired OTAS Technologies back in 2017. Since then, it has focused on integrating AI-powered decision support and analytics into its institutional…
Read more
FX liquidity provider and prime of prime brokerage CFH Clearing, part of the TradeTech Group, financial unit of Playtech PLC (LON:PTEC), just announced that it has added Turkish financial markets expert, Ayhan Gurcuoglu, to its team as VP International Sales. Ayhan Gurcuoglu joins the FCA regulated company with over 18 years’ experience in the industry. Prior…
Read more
LeapRate Exclusive... Global Market Index ltd (GMIUK) announced a number of changes to the management of the firm. Chris Hossain-Nelson, who had joined last summer as Global Head of Sales, is in now in the process of being appointed to the Board of Directors of GMIUK. Before joining GMIUK, Hossain-Nelson was the Global Head of…
Read more
The following guest post is courtesy of ATFX Global Chief Market Strategist Alejandro Zambrano. The Chinese stock market is under pressure and from its 2019 high of 14237.2 the China A50 index had slid by 12.55% at the time of writing. Chinese stock markets have much like its European and U.S. peers been thriving since the start of…
Read more
CLS Group, the market infrastructure provider of risk mitigation services to the global FX market, has just published its operating metrics for the month of April 2019. The average daily traded volume submitted to CLS was USD1.63 trillion down 12.5 percent from USD1.86 trillion in March 2019. The complete results can be seen in the table…
Read more
FX liquidity provider and prime of prime brokerage CFH Clearing, part of the TradeTech Group financial unit of Playtech PLC (LON:PTEC), announced that it has extended its multi-asset liquidity offering with the launch of five new base metals: Aluminium (XAL), Copper (XCU), Nickel (XNI), Lead (XPB) and Zinc (XZN) can be traded against USD. CFH…
Read more
Global FX and investment company CFI Financial Group has just announced that it has expanded its offices to Mauritius with Credit Financier Invest (Mauritius) Limited. CFI has been keeping it busy for the past two years, opening a licensed Dubai DIFC forex brokerage operation. The company received Jordan Securities Commission license, set a new Amman…
Read more