TechFinancials today announces it has entered into a Share Purchase Agreement to sell its 99.84% owned subsidiary, Cedex Holdings Limited, to Lem Management Limited. According to the terms of the Agreement, TechFinancials will be entitled to future consideration upon Lem Management succeeding to raise US$20 million in a single or series of related transactions, for…
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Online trading company eToro is seeking to improve users’ experience, so it has updated the way withdrawals are done. Traders are now able to choose a destination payment method during the withdrawal process, out of the possible ones for the requested amount. Only available methods for the funds requested will be shown. If there are…
Financial services connectivity solutions provider Transaction Network Services (TNS) has announced that it is expanding its Managed Hosting solution, to enable firms wanting to co-locate and directly access the Euronext exchange matching engine to seamlessly move trading operations from Basildon to Bergamo. Euronext is planning to migrate its primary datacentre and related colocation services to…
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The Vice Chairman of the Swiss National Bank’s Governing Board, Fritz Zurbrügg, will have a cardiac procedure at the end of this week, the SNB confirmed today. The procedure has been planned for some time. He will resume his official duties after a period of convalescence lasting a few weeks. Fritz Zurbrügg was born in…
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Saxo Bank, the online trading and investment specialist, has today published its Q4 2021 Quarterly Outlook for global markets, including trading ideas covering equities, FX, currencies, commodities and bonds, as well as a range of central macro themes impacting investors and markets. “The size and nature of the pandemic policy response will show that this…
Read More “Saxo Q4 Outlook: This Time, Inflation Outcomes Will Be Different” »
Sentiment trading tech and systems provider Acuity Trading has announced that its recently acquired trading signals unit Signal Centre is launching Signal Stream – a new intuitive platform to better support traders through the ‘noise paralysis’ of inaccurate and confused signal reporting. The global pandemic has seen an unprecedented number of new retail clients and…
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To whom, and for how much, did Playtech agree to sell Finalto to after its previous (but lower priced) attempt was rejected by Playtech shareholders? Who put $75 million into CRM and retention specialist Optimove? Who is Pepperstone’s new Middle East office head, in Dubai? What does ESMA have to say about payment-for-order-flow (PFOF) agreements…
FNG Exclusive… FNG has learned via regulatory filings that OANDA Europe Limited, the London based, FCA regulated arm of Canada based Retail FX brokerage group OANDA, saw a nice rebound in activity and a return to profitability in 2020, following a disappointing 2019 at OANDA. OANDA Europe posted revenues of £29.3 million in 2020, up…
Read More “Exclusive: OANDA Europe posts 2020 revenue gain of 148% at £29.3M” »
Cboe Global Markets, one of the world’s largest exchange holding companies, has provided an update on the construction of a new trading floor. Cboe is redefining open outcry trading and building a new era of floor trading. The company remains focused on providing the best possible trading experience for customers and looks forward to opening…
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TradingView welcomes a newly integrated broker – Tickmill. Tickmill UK Ltd is a member of Tickmill Group, which has offices in London, Tallinn, Limassol, among others. Authorised and regulated by the Financial Conduct Authority (FCA) of the UK, Tickmill offers low commissions, no minimum ticket fee, multi-currency accounts in USD, EUR, GBP and other currencies,…
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