Tradeweb
May 25, 2023 BY Steffy Bogdanova

Tradeweb acquires Yieldbroker in a A$125 million deal

Launched in 1999, Yieldbroker operates an institutional and wholesale marketplace (D2C and D2D) for domestic customers in Australian and New Zealand debt securities. The official announcement detailed that the trading platform facilitates trading of about A$6 trillion annually. Tradeweb further stated that the acquisition would allow it to boost market efficiency. It would grant Australian…

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May 25, 2023 BY Steffy Bogdanova

Finalto names Paul Groves UK B2B CEO

Prior to Finalto, Groves started his career at NatWest Bank, before moving into the commodity market for two LME brokers – Brandeis and Gerald Metals, where gained his first experience in FX trading desks. He further built his career into foreign exchange and bullion trading with companies like Linnco Europe, ADM Investor Services, ODL Securities…

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May 25, 2023 BY Steffy Bogdanova

Daily Report: GBP/USD Continues to Navigate Deeper Waters

GBP/USD Direction Given the scope to post additional underperformance, GBP/USD is likely to cross beneath H1 support from $1.2356 and target $1.23, followed by daily support mentioned above at $1.2272. A H1 close lower, therefore, could ignite breakout selling. (Chart: TradingView) Last week's report: Daily Report: Commodities displaying bearish tone... Read More Disclaimer: The information…

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May 24, 2023 BY Steffy Bogdanova

OKX applies for DASP license in France

According to the official announcement, France has turned into a European hub for OKX because of its transparent regulatory framework, as well as its high concentration of crypto enthusiasts and experienced traders, and the qualified workforce available. Over the years, OKX has grown its international compliance team and has worked on further developing its approach…

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Acquisition
May 23, 2023 BY Steffy Bogdanova

Mizuho expands in US with acquisition of Greenhill

Jerry Rizzieri, President and CEO, Mizuho Securities USA, said: Greenhill is a proven industry leader, and its team has led many of the largest and most complex transactions for clients globally, across a wide range of sectors. Mizuho is committed to the expansion of its investment banking platform, and we are excited for the Greenhill…

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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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