Corporate foreign exchange specialist Alpha FX Group plc (LON:AFX) has announced that the company has raised a total of £20 million (USD $26 million) through the issue of an aggregate of 3,218,602 new ordinary shares at a price of 620 pence per share. The company said that the share placing attracted strong support from high quality institutional investors.…
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Corporate foreign exchange specialist Alpha FX Group plc (LON:AFX) has released its results for 2017, indicating healthy growth on both the top and bottom line. Alpha indicated that Revenue was up 60% in 2017 to £13.5 million (2016: £8.5 million), with operating profit up 29% to £5.6 million (2016: £4.4 million). The year was also a milestone…
Read moreRussian bank Sberbank today launched a new electronic trading offering within its investment banking division. The platform is called Sberbank Markets and supports multiple asset classes and streamlines trading, trade confirmation and settlement. Sberbank claims this will lead to lower processing costs. Sberbank Markets provides the bank's clients with access to Sberbank's FX liquidity, offers…
Read moreGPS Capital Markets, Inc., a leading corporate foreign exchange brokerage firm, expanded with a new office in the metro Atlanta, Georgia area this month. GPS is also pleased to announce the additions of Mr. Allen Raines and Mr. Jeffrey Warner. Mr. Allen and Mr. Warner have been hired as FX Consultants to expand the GPS…
Read moreAmid the continually increasing value of deliverable FX firms, comparison site Kwanji goes live today Often, when interest in a specific area of the financial sector grows, many new ideas are spawned. As the wave of boardroom discussions within deliverable FX companies continues to center around high-value initial public offerings, a new company has sprung…
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