Plus500 Ltd (LON:PLUS) just keeps on rolling. In a summer quarter in which a number of its competitors have reported tepid operating and financial results citing low currency volatility and a "typical" slow summer vacation trading season, CFD broker Plus500 followed up its record Q2 with an even better set of results for Q3. After…
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New Innovative Service Is Designed Exclusively for the Do-It-Yourself Business Traveler The Wall Street Journal today announced the launch of The Wall Street Journal Business Travel Service, a new online travel service designed exclusively for the 20 million “do-it-yourself” (DIY) business travelers. The new service makes it possible for DIY business travelers in the U.S.…
Read moreHSBC Holdings plc (NYSE:HSBC) announced its 3Q 2017 Earnings Release. The highlights include: Financial performance Reported profit before tax for 9M17 of $14.9bn was $4.3bn or 41% higher than for 9M16, in part reflecting favourable movements in significant items, which included a loss on sale and trading results of the operations in Brazil that we…
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Shares of Retail and Institutional FX broker Gain Capital Holdings Inc (NYSE:GCAP) rose 20% on Friday, after the company reported its Q3 results after markets closed on Thursday evening. GAIN shares closed the week at $7.35, up more than $1 from Thursday's close of $6.14. This also represents GAIN Capital shares' highest trading level since May.…
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Exegy Inc., a provider of managed services and technology for low-latency financial market data, has hired Carlos Lopez Lansdowne as its Sales Director for Europe and Asia, based in London. Mr. Lansdowne has responsibilities for sales of Exegy products and services, as well as development of partnerships to expand its enterprise ecosystem. He reports directly…
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The international central securities depository (ICSD) Clearstream announced that it is about to launch its service to support the cross-border bond trading and settlement scheme Bond Connect, linking the China Interbank Bond Market (CIBM) with the world. Starting from 20 November 2017, Clearstream customers will be able to access Chinese bonds traded in CIBM via…
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In a wild week of Forex Industry News including regulatory action, legal battles, acquisitions, new licenses, FX broker results... Which country's legislature passed a new comprehensive anti-Binary Options law? Which leading Australian broker expanded to the UK, buying an FCA regulated Retail FX brand? Which FX platform and tech solutions provider is at the center…
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Calypso Technology, Inc., the global standard for treasury and capital markets software, announced today its partnership with Kmerit, an established Chinese system reseller and implementation service provider. Through this partnership, Calypso will continue its rapid expansion in China. To support the growing demand of clients in China, Calypso and Kmerit are expected to set up…
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The European Investment Bank (EIB) announced that it is lending EUR 50m to Transgaz, the national gas transmission company of Romania, to finance the construction of a new European gas transmission corridor to increase security of gas supply and to reduce energy dependence by making it possible to diversify gas supply routes and sources. This…
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LCH, the global clearing house, today announced that John Horkan has been appointed as LCH Group Chief Operating Officer (COO), effective immediately. He assumes this role in addition to his current responsibilities as LCH Head of North America. John Horkan will continue to be based in New York reporting to Daniel Maguire, Chief Executive Officer…
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