Category: forex news

Financial app development platform provider Genesis Global has announced a new round of $200 million in financing, led by Tiger Global Management, with participation from Accel, GV (formerly Google Ventures), Illuminate Financial, Insight Partners, Salesforce Ventures and Tribeca Early Stage Partners. The funding will be used to expand the Genesis platform, developer community and the…

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The Board of Directors of Tradeweb Markets Inc. (NASDAQ:TW) today announced a number of changes to the Board and succession plans for its executive leadership. Tradeweb co-founder and Chief Executive Officer Lee Olesky has been elected Chairman of the Board effective February 11, 2022, and will retire as CEO effective December 31, 2022. The Board…

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CMC Markets Connect, the institutional trading and technology solutions arm of online broker CMC Markets (LON:CMCX), has announced a distribution agreement with Integral. Integral provides cloud-based eFX workflow solutions, bringing together a wide variety of liquidity providers into a single, integrated network. CMC Markets will be distributing its Spot FX and Indices, Treasuries and Commodity…

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Binance today confirmed a set of issues with the Harmony (ONE), Flow (FLOW), and Stacks (STX) network. The Harmony (ONE) network had an outage on February 11, 2022, due to pending withdrawal transactions generated with blank txids and an overall slowness on the network. As a precautionary measure, withdrawals on Binance via the Harmony (ONE)…

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Atom, the UK’s first app-based bank, has raised more than £75m in new equity. Together with Toscafund and Infinity Investment Partners, BBVA has led this round, which is still open to other shareholders of the company. BBVA has once again shown its support for the Atom project and team, of which it has been a…

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Hong Kong’s Court of First Instance has ordered that illicit profits of insider dealing in shares of TeleEye Holdings Limited of $12,949,875 made by Ms Wei Juan and Mr Huang Yi, associates of Ms Yik Fong Fong, be paid to 63 investors. The funds will be paid out to court appointed administrators, Mr Tsui Chi…

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International multi-asset broker Vantage has announced a new multi-year partnership with McLaren Racing, as an Official Partner of the McLaren (MX) Extreme E team. This announcement comes ahead of the launch of the 2022 season, with the first race, the Desert X Prix in Saudi Arabia, scheduled for February 19th and 20th. Extreme E is…

Read More “Vantage to sponsor McLaren’s new electric offroad racing team” »

International derivatives marketplace CME Group today announced it plans to launch two new reference rates for bitcoin and ether on February 28 – the CME CF Bitcoin Reference Rate New York (BRRNY) and CME CF Ether-Dollar Reference Rate New York (ETHUSD_NY) – which will provide a once-a-day reference rate of the U.S. dollar price of…

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