For the second day in a row, we have news of a fairly well known name in the Retail FX and CFDs sector rebranding. After our report yesterday breaking the news that Abu Dhabi (and London and Hong Kong) based ADS Securities was rebranding to ADSS, now we have learned that CySEC licensed iFOREX.com -…
Read moreAustralia financial regulator ASIC has issued what amounts to a warning to FX, CFD and Binary Options brokers in the country to clean up their act, in a release entitled ASIC calls on retail OTC derivatives sector to improve practices. ASIC formally stated that it has called on participants in the retail over-the-counter (OTC) derivatives sector…
Read moreLiquidityBook, a Software-as-a-Service (SaaS)-based provider of buy- and sell-side trading solutions, today announced that LBX Outsourced Trader, an advanced POEMS (portfolio, order and execution management system) with fully integrated FIX connectivity, has been selected by Dalzell Trading. Dalzell Trading is an outsourced trading firm launched in 2018 with trading desks in Boston and Philadelphia. The…
Read moreAcadiaSoft Inc., the industry provider of margin automation solutions for counterparties engaged in collateral management worldwide, has announced that London Stock Exchange Group (LSEG) has taken a minority, circa 16%, stake in the company. Along with this investment, AcadiaSoft has signed a preliminary agreement that will enable further collaboration with LCH SwapAgent on the development…
Read moreFCA regulated Retail FX and CFDs broker CMC Markets has announced that it has partnered with Tradefeedr, a data science platform built for financial markets, to deploy cloud based machine learning to improve trading analytics and intelligence around liquidity management. The additional capabilities provide for: Data integration: the ingestion, cleansing and store of massive amounts…
Read moreCobalt, the shared back and middle office FX infrastructure provider, has unveiled its innovative credit management platform that significantly reduces risk for FX market participants. Cobalt’s low latency credit management platform utilises high-throughput technology to control credit and associated market access rules throughout the trade lifecycle in real-time. It significantly reduces risk for the entire…
Read moreForex and CFD technology solutions provider Spotware Systems has announced that it has established a strategic partnership with FXCubic, by integrating the FXCubic Liquidity Engine with cTrader, the company's popular Forex and CFDs trading platform. The FXCubic Liquidity Engine offers a connection to industry leading liquidity providers, enabling brokers to offer unique trading opportunities and…
Read moreDeepWell Liquidity Management, the global financial markets intermediary for the buy-side community and Tradition FX liquidity arm, has announced that it has added seven senior market professionals to its team across three continents as it eyes further growth and expansion into different asset classes. DeepWell launched in September 2017 and offers global coverage across a…
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Abu Dhabi based financial services company ADS Securities has announced that it is rebranding and will now be known as ADSS across all of its business units effective today, June 27, 2018. The main company website is now at www.adss.com. The brand was developed in-house by the ADSS marketing team with inputs from WMG and…
Read moreFiserv, Inc. (NASDAQ: FISV), a global provider of financial services technology solutions, has announced that financial institutions now have a streamlined option to address the Financial Accounting Standards Board’s (FASB) pending Current Expected Credit Loss (CECL) standard. Prologue™ Credit Loss Manager and its risk modeling tools are now available in a SaaS version hosted in…
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