Matt Macklin, IG’s UK Head, said: Watching the recent accomplishments of the England teams, we have been struck by the clarity of strategic thinking and quality of execution, and how this aligns with IG’s ethos as a business. Tony Singh, Chief Commercial Officer at ECB added: IG is an ambitious organization which shares our commitment…
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Avelacom, the low latency connectivity, IT infrastructure and data solutions provider for global financial markets, has revealed it has become a connectivity provider for the LME, supporting LME members to use cross-market trading strategies more efficiently. Avelacom’s global coverage includes most developed market exchanges, such as CME, with a focus on emerging markets, including exchanges in…
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June Felix, Chief Executive Officer commented: I am delighted with the excellent results and progress we have made towards delivering on our strategic goals. The continued performance from the Significant Opportunities portfolio has been remarkable, and we anticipate substantially achieving the revenue target of £160 million one year ahead of plan. The Group is also…
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Trading technology provider Aquarius Financial Technologies Ltd has announced a strategic partnership with CQG, a provider of technology solutions for traders, brokers, commercial hedgers, and exchanges. The collaboration between the two companies will support Aquarius’ plans to launch an institutional-grade global cryptocurrency exchange using CQG’s technology. The exchange is planned to launch in the third quarter…
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Lisa Pollina said: This is an exciting time to join IG Group, particularly in connection with the proposed acquisition of tastytrade. I am looking forward to being involved with such an innovative and entrepreneurial company, and to working with the Board and the management team to realise the further potential of the business. Throughout her…
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The European Securities and Markets Authority (ESMA) announced that its Board has appointed Annemie Rombouts as Chair of the Corporate Reporting Standing Committee (CRSC). According to the official press release, Rombouts was previously Deputy Chair of the Belgian Financial Services and Markets Authority. Her new appointment as chair of the CRSC is effective immediately. Moscow Exchange…
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Service disruptions during a short period of frantic trading have been attributed to Reddit users, particularly its WallStreetBets group, who are said to have inflated the price of GameStop stocks in order to punish the hedge fund’s betting against it. This phenomenon saw IG Group and other brokers having to suspend new client registrations, while…
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The post said: On 6 January we restricted UK retail clients from increasing their exposure to cryptocurrencies, in accordance with the ban imposed by the Financial Conduct Authority (FCA) on the sale of crypto derivatives. We have now reached our internal product limit for exposure to cryptocurrencies, and as a result will be removing cryptocurrencies…
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Thursday’s session began under the spell of risk-on, following Wednesday’s inauguration of the 46th President of the United States. Joe Biden’s presidency promises the deployment of a massive fiscal stimulus package as well as greater harmony between the Treasury and the Fed, with the central bank’s monetary policy likely to remain dovish for the foreseeable…
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Tom Sosnoff, Co-Founder and Co-CEO of tastytrade, added: Early on we knew tastytrade was a very special company. While our long-term goal has always been to go global, we waited almost 10 years until we found the right partner and perfect match. Together we will focus on empowering the self-directed investor and change the way…
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