CFH Clearing, the FX liquidity and risk management services arm of Playtech PLC (LON:PTEC), has announced that it has appointed Andy Biggs as Head of Liquidity in a newly created role. Andy Biggs joins CFH Clearing from FCA regulated rival firm IS Prime, where he was Head of Liquidity for the last three years and…
Read moreTwo months after promoting Saudi Arabia to Emerging Markets status, FTSE Russell has announced that it has launched a new Saudi Arabia-focused index. The FTSE ADS Custom Saudi Minimum Variance Index has been developed in collaboration with Abu Dhabi-based international financial services company, ADS Investment Solutions. The index has been licensed by ADS Investment Solutions…
Read moreRisk Focus Inc., the Specialist Provider of Financial and DevOps Services, announced today that it has expanded its footprint in Europe by launching business operations in Frankfurt, Germany, to be run by Alexander Malkmus, an industry veteran with over 20 years of experience in highly-visible client engagements. Having previously worked at Accenture and the Deutsche…
Read moreRegTech software specialist muinmos announced that it has partnered with NorthRow, a complementary RegTech compliance software provider, to offer a powerful combined fully automated solution to support client onboarding in the financial services sector. The integration between muinmos and NorthRow enables financial institutions to undertake all Know Your Client (KYC) and Anti Money Laundering (AML)…
Read moreFinancial markets operator Euronext NV (EPA:ENX) has released its quarterly financial report for Q1-2018, indicating healthy growth across most of its business lines, including 16% top line Revenue growth. Euronext indicated that its recently acquired Forex ECN business, FastMatch, also did fairly well in Q1, with FastMatch revenues totaling €5.2 million (USD $6.2 million) in Q1,…
Read morePayments services and technologies provider SafeCharge International Group Ltd (LON:SCH) has announced that the Chairman of the company's Board of Directors, Roger Withers, will step down from his position and from the board at the end of 2018. Mr. Withers will be replaced as Chairman by current SafeCharge board member and longtime Visa and MasterCard…
Read moreLeapRate Exclusive... LeapRate has learned via regulatory filings that FCA regulated broker ITI Capital Limited has posted a larger loss (than last year) of £5.0 million (USD $6.8 million), eating up more than all of the new capital which the company's new ownership group put into the company during the year. (More on that below). Revenues at…
Read moreLeapRate Exclusive... LeapRate has learned via regulatory filings that FCA regulated MT4 broker ActivTrades has continued its impressive growth with the company reporting healthy financial metrics for 2017. ActivTrades, which is controlled by Swiss entrepreneur Alex Pusco who still serves as the company’s CEO, saw Revenues grow by 16% in 2017 to £40.4 million (USD $55 million), up…
Read moreBNP Paribas Asset Management (BNPP AM) announced that its wholly foreign-owned enterprise (WFOE), BNP Paribas Overseas Investment Fund Management (Shanghai) Co. Limited, has been granted a Qualified Domestic Limited Partner (QDLP) qualification. The Shanghai-based QDLP programme allows global asset managers to raise funds from domestic investors in China to buy overseas traditional and alternative assets…
Read moreLeapRate Exclusive... The revolving door which has seen senior management members of Saxo Bank both come and go over the past few months continues to swing.... LeapRate has learned that the latest member of senior management to depart Saxo Bank is Claus Nielsen, one of the longest tenured employees at the Copenhagen based Retail FX…
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