The British parliament has rejected Theresa May's Brexit deal by 230 votes yesterday evening. The Brexit vote has left withdrawal from E.U. and prime minister's political future in doubt. The pound has risen after MP's reject with 0.05% to $1.287 after declines of more than 1% earlier in the day. There are no more words…
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LiquidityBook, the Software-as-a-Service (SaaS)-based provider of buy- and sell-side trading solutions, has just announced that 2018 has been a record year for the company. Highlights include: Total revenues were up by more than 20% YoY in 2018. Several key senior hires were made in 2018, including Ryan Canfield and Matthew Howard. LiquidityBook signed more than 20…
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Copenhagen based Retail FX broker Saxo Bank has just announced that it has appointed Joanne Page as its new CFO. Page has joined Saxo Capital Markets UK in December 2018. She succeeds Diya Patel, who has left Saxo to pursue new opportunities, as a Saxo spokesperson noted. Patel has been Saxo's CFO since October 2016. Prior to Saxo,…
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TriOptima, a CME Group (LON:NXG) business which lowers costs and mitigates risk in OTC derivatives markets, has announced that it has set a new record for its triReduce portfolio compression service. LeapRate reminds that triReduce compression service hit quadrillion dollar milestone in notional principal eliminated back in June 2017. TriOptima, on the other hand, compressed $250…
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Derivatives marketplace CME Group (NASDAQ:CME) has announced that it achieved Asia Pacific average daily volume (ADV) of 921,000 contracts in Q4 2018, up 45% from the corresponding period in 2017: Equity products up 201%, Interest Rates up 42%, and Energy products up 35%. For the full year 2018, Asia Pacific ADV stood at 862,000 contracts,…
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FCA regulated FX and CFDs broker ActivTrades has just unveiled its innovative, advanced trading platform, ActivTrader. The new ActivTrader platform provides a range of advanced features, tailored for users with varying degrees of experience in the financial markets. The platform’s new ‘Market Sentiment’ function provides a real-time indication of the market direction, showing the percentage…
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MetaTrader technologies and integration specialist Gold-i has just announced that it has added Mike Dugdale to its sales team. Mike Dugdale joins from PrimeXM, where he was Global Sales Manager. Gold-i has recently opened an office in Australia and has teamed up with several companies, including FX and CFDs broker GMI UK, WMC in Japan, and FX…
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LeapRate Exclusive... LeapRate has learned that AI based solutions provider ArtuData’s AI is now pre-configured with Predictive Lead-Scoring technology in Singapore-based back-office CRM SaaS provider Backpack.io. Using ArtuData’s AI powered Predictive Lead-Scoring technology, Backpack’s clients can now predict who of their many thousands of leads is likely to deposit, and in the near future, predict customer lifetime value,…
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Spread Betting and CFD broker ETX Capital has just announced the resignation of its CEO Arman Tahmassebi. Mr Tahmassebi had been with ETX for 3 years, joining as COO in 2016 after 1 year as COO at London Capital Group. He left LCG in January 2016. Prior to LCG, Tahmassebi was 14 years at IG…
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Traditional wealth managers set to lose market share to robo-advisors, according to the data and analytics company GlobalData. The robo-advisory market is increasing in competition globally, with more start-ups entering the wealth management industry year by year, the company added. Broadridge claimed that robo-advisors and inorganic intelligence are the future of wealth management industry back…
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