Anthony Brocco, Founder and CEO of the Advanced Markets group commented: Samer Mourched is a longstanding industry veteran. With more than 15 years of experience in the financial services industry he is the perfect fit for this role and is an invaluable asset to the firm in executing our next level of global expansion plans.…
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Further to this, Alfa-Bank and FAB are the first in their respective domiciles of Russia and the UAE to join CLSNet. This highlights the growing capabilities of CLSNet to include a broader segment of the global FX market community. Keith Tippell, Global Head of Product, CLS, commented: The addition of these emerging market leaders demonstrates…
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IFC, a member of the World Bank Group, and Demica, a capital financial technology firm, have announced a new partnership that will help unlock as much as $9.8 billion in annual financing for suppliers and distributors in emerging markets—particularly small and medium enterprises. In addition, IFC participated in Demica’s $25 million second round financing that…
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New York-headquartered EM4X, an emerging markets multi-asset and multi-currency trading platform has announced the establishment a new data center to provide FX market participants with improved local connections to its FX liquidity venues. The new London LD4 data center and matching engine will provide improved pricing, market access and enhanced workflow for foreign exchange market participants within…
Read moreIndia is a rapidly growing major financial market and the launch of Indian Rupee on R5FX follows in-depth discussions with the Reserve Bank of India. R5FX, the emerging marketplace for local market Forex trading just announced the launch of Indian Rupee trading on its platform. Live trading is now available in Indian Rupee (INR), Brazilian…
Read moreThe Brazilian real plummeted against the dollar on Thursday, hitting its weakest level against the U.S. currency since late 2002.
Read moreMexican Peso, Russian Ruble, and Turkish Lira all experiencing renewed weakness as emerging market currencies deteriorate in risk-off trading...
Read more“We are pleased to offer a solution with an attractive yield and low duration, offering investors another tool for diversification when interest rates begin to rise.” - Dagmara Fijalkowski, RBC head of Global Fixed Income and Currencies
Read more“R5FX continues to make significant progress, and I am happy to announce that we have successfully completed a number of BRIC beta test trades” - Jon Vollemaere, CEO of R5FX
Read moreCFH Clearing senior executive Nick Mortimer and CFH Systems' Regional Director Fernando Andrade speak candidly to LeapRate about the need to take FX liquidity and prime brokerage solutions to new and exciting markets, and, importantly, how to go about it successfully in terms of execution model, cost, and order flow management
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