Category: Forex

Hong Kong
August 08, 2025 BY Sam Boughedda

OTP Bank Joins CLSSettlement to Boost FX Risk Mitigation

OTP Bank is one of Hungary’s largest commercial banks and part of OTP Group, a leading banking group in Central and Eastern Europe undergoing significant growth.  Its decision to join CLSSettlement is said to reflect the increasing adoption of payment-versus-payment (PvP) settlement solutions among financial institutions seeking to reduce foreign exchange settlement risk, enhance operational…

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Hong Kong
August 08, 2025 BY Sam Boughedda

Genesis Global Appoints James Harrison as CEO

The London- and New York-based software provider serves financial markets with AI-native application development tools aimed at modernising legacy systems, reducing vendor dependencies and replacing end-user computing. “Leading Genesis has been the thrill of my career,” Murphy said. “I am deeply proud of what we have built in partnership with our inspirational clients, strategic partners…

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August 08, 2025 BY Sam Boughedda

eToro Unveils AI-Powered Marketplace and Companion to Transform Social Investing

The company said its new offerings, including a public API, AI-powered dashboards, and algorithmic trading tools, will allow vetted users known as Popular Investors to build and share bespoke strategies.  “We’re enabling our Popular Investors to innovate like top quantitative hedge funds,” said CEO Yoni Assia. The rollout includes Tori, eToro’s AI companion, which delivers…

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financial buildings
August 07, 2025 BY Sam Boughedda

Euroclear Appoints Szandra Nagyné Komócsi as Chief Internal Auditor

Szandra succeeds John Bendermacher, who is retiring after a tenure leading the group’s internal audit function.  Her appointment marks a return to Euroclear’s audit roots, having begun her career at the company in 2010 within its Internal Audit team. She brings extensive experience and a deep knowledge of the organisation to her new role.  Since…

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Stuart Brock joins oneZero as Head of Institutional Sales, UK and Continental Europe
August 07, 2025 BY Sam Boughedda

oneZero Hires Adam Collins as Head of Institutional Sales in Americas and EMEA

Based in Somerville, Massachusetts, oneZero is a global provider of multi-asset enterprise trading technology.  In his new role, Collins will oversee the firm’s institutional sales strategy and execution in both regions. Collins brings more than two decades of financial services experience, including senior roles at LSEG FX, Refinitiv, Bloomberg LP and BNP Paribas.  At Refinitiv,…

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August 07, 2025 BY Sam Boughedda

Fiinu to Acquire Everfex in £12 Million Deal

The acquisition, subject to shareholder approval, will constitute a reverse takeover under AIM rules, prompting a temporary suspension of Fiinu’s shares from 7.30 a.m. on 7 August. The deal includes an initial payment of £8 million through the issue of 80 million new shares at 10p each.  A further £4 million in shares may be…

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StoneX
August 06, 2025 BY Sam Boughedda

StoneX Completes The Benchmark Company Acquisition, Expands Investment Banking Capabilities

The deal, first announced in March, sees Benchmark’s team and operations integrated into StoneX’s Institutional division.  The Benchmark brand will be retained in the near term to maintain client continuity. Benchmark is known for its strong client relationships and expertise in sectors such as technology, industrials, consumer and healthcare.  The firm provides investment banking, equity…

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August 05, 2025 BY Sam Boughedda

Noah Liot Promoted to Chief Technology Officer at Aquis Exchange

Liot originally joined Aquis as Head of Technology Development and is said to have played a pivotal role in delivering some of the company’s most significant technology projects.  The firm added that he has also implemented robust development processes and workflows aimed at enhancing performance and long-term resilience. Prior to Aquis, Liot held senior roles…

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August 05, 2025 BY Sam Boughedda

XS.com and Centroid Solutions Partner to Provide Tier-1 Liquidity for Retail Brokers

The collaboration will see Centroid integrated into XS.com’s liquidity distribution network, enabling clients to access XS.com’s premium liquidity across multiple asset classes, including forex, metals, energy, commodities, indices and CFD shares. Wael Hammad, Chief Commercial Officer at XS.com, said: “We look forward to this partnership with Centroid to deliver even greater value and satisfaction to…

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