Tag: First Derivatives

May 23, 2023 BY Steffy Bogdanova

FD Technologies sees 12% surge in revenue to £296 million in FY23

FD Technologies also saw a strong performance by its divisions KX and First Derivative. KX’s revenue reached £80.2 million, up by 25% from the previous year. The firm also noted that 72% of the revenue came from recurring clients. The First Derivative segment generated £174.3 million, demonstrating a substantial increase of 18%. Both divisions exceeded…

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February 16, 2021 BY Steffy Bogdanova

First Derivatives named AWS Advanced Consulting Partner

David Collins, Managing Director at First Derivatives said: We are delighted to achieve the AWS Advanced Consulting Partner status. We leverage the power of AWS to help customers modernize processes and derive additional value from their data. We look forward to a continued strengthening of our relationship with AWS. As it stands, FD already has…

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Forex Weekly Look Back
December 11, 2020 BY Steffy Bogdanova

Forex Weekly Look Back: FXCubic partners with M4Markets, StoneX reports $81.8 million bargain purchase from GAIN acquisition

The Australian Securities and Investments Commission (ASIC) announced raising civil proceedings in Federal Court against Union Standard International Group Pty Ltd (trading as usgfx) and its former corporate authorised representatives, Maxi EFX Global AU Pty Ltd (trading as EuropeFX) and BrightAU Capital Pty Ltd (trading as TradeFred). The UK Financial Conduct Authority announced making the…

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Forex Weekly Look Back
September 18, 2020 BY Steffy Bogdanova

Forex Weekly Look Back: Plus500's investors deny Group CFO bonus, ISRA's Jeff Wilkins speaks about P&L and risk

CLS, the market infrastructure provider of risk mitigation services to the global FX market, has released its operating metrics for August 2020. The average daily traded volume submitted to CLS was USD1.649 trillion, down 0.5 percent from USD1.657 trillion in July 2020. Global technology provider First Derivatives announced the appointment of Steve Fisher as a Non-Executive Director of…

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First Derivatives CFO to step down
September 16, 2020 BY Steffy Bogdanova

Former eBay CTO Steve Fisher joins tech provider First Derivatives

Fisher has also occupied senior technology development positions within telecoms and networking, such as Apple and AT&T Labs. He brings valuable for FD’s growth strategy combination of enterprise technology development and leadership expertise in software platforms, software as a service and cloud. Fisher’s expertise in the development and scaling of enterprise software, in particular will…

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July 15, 2020 BY Steffy Bogdanova

First Derivatives appoints Thomas Seifert as non-executive director

FD’s strategy for business growth will be supported by the appointment of Seifert. His board sector experience will assist the company’s efforts to advance the adoption of the Group’s Kx streaming analytics technology platform in sectors adjacent to and outside of its capital markets heritage. Thomas Seifert commented: FD is an exciting company with market-leading…

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January 12, 2016 BY Maria Nikolova

First Derivatives continues acquisition spree, buys QuantumKDB

After last year's acquisitions of Prelytix, ActivateClients and Affinity Systems, provider of software and consulting services First Derivatives plc (LON:FDP) today announced one more acquisition – that of QuantumKDB (UK) Limited. FD said that it has acquired the entire issued share capital of Quantum for total consideration of up to £2.2 million, including initial consideration of…

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