Tag: LSEG

Forex Weekly Look Back
January 22, 2021 BY Steffy Bogdanova

Forex Weekly Look Back: Brokeree CCO Elina Bagautdinova talks with LeapRate, IG plans to acquire tastytrade

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…

Read more
Acquisition
January 20, 2021 BY Steffy Bogdanova

LSEG to finalize Refinitiv acquisition on 29 January

The finalization of the deal follows the approval granted from the European Commission back in December. The EU regulator said its investigation discovered a number of concerns about the deal, however those could be addressed by a range of remedies The authorities have been concerned that the acquisition would give the London bourse too much market data…

Read more
Forex Weekly Look Back
January 15, 2021 BY Steffy Bogdanova

Forex Weekly Look Back: Swissqute revenue expectations rise 5%, ActivTrades adds commission-free equities trading

CLS, a market infrastructure delivering settlement, processing and data solutions, has announced that Alfa-Bank and First Abu Dhabi Bank (FAB) have agreed to initiate onboarding to CLSNet, a standardized, automated bilateral payment netting calculation service for more than 120 currencies. The CLSNet service standardizes and increases the levels of payment netting in the FX market. By…

Read more
LSEG gets regulatory approval for $27 billion Refinitiv deal
January 14, 2021 BY Steffy Bogdanova

LSEG gets regulatory approval for $27 billion Refinitiv deal

The approval of the acquisition brings a lengthy regulatory review of the deal, which will see Refinitiv owner Blackstone take a stake in LSE and will clear the way for a major new rival to Bloomberg. The authorities have been concerned that the acquisition would give the London bourse too much market data control, enabling…

Read more
Forex Weekly Look Back
December 11, 2020 BY Steffy Bogdanova

Forex Weekly Look Back: FXCubic partners with M4Markets, StoneX reports $81.8 million bargain purchase from GAIN acquisition

The Australian Securities and Investments Commission (ASIC) announced raising civil proceedings in Federal Court against Union Standard International Group Pty Ltd (trading as usgfx) and its former corporate authorised representatives, Maxi EFX Global AU Pty Ltd (trading as EuropeFX) and BrightAU Capital Pty Ltd (trading as TradeFred). The UK Financial Conduct Authority announced making the…

Read more
LSEG
December 08, 2020 BY Steffy Bogdanova

Deutsche Bank’s Balbir Bakhshi appointed as CRO of LSEG

Balbir Bakhshi commented: I am delighted to be joining LSEG. I look forward to working with David and the wider team with a clear focus on risk management and operational resiliency across its global businesses. Bakhshi will assume his new role at LSEG on 25 January 2021. He will be succeeding Diane Côté who has…

Read more
LSEG
December 07, 2020 BY Steffy Bogdanova

Julia Hoggett becomes CEO of London Stock Exchange

Julia Hoggett commented: Having spent my entire career in capital markets, I know the key role they play in providing vital capital to companies and institutions and delivering returns for individual and institutional investors. I am delighted to be joining London Stock Exchange plc, and the wider Group, at a time when London’s role as…

Read more
Forex Weekly Look Back
October 02, 2020 BY Steffy Bogdanova

Forex Weekly Look Back: Invast Global launches two new index CFDs, BT Group signs a deal with TP ICAP

Deutsche Börse published its monthly volumes report for September 2020. The volumes for last month are up compared to August and July and on year-over-year basis. The company reported a 27.5% MoM rise in turnover with €149 billion in September (€116.9 billion for August 2020). The numbers are also up by 22.9% in comparison to September 2019 when it was €121.2 billion. Tokyo Financial…

Read more
Forex Weekly Look Back
June 26, 2020 BY Steffy Bogdanova

Forex Weekly Look Back: Andrey Dashin launches Exinity Group, ActivTrades expects record revenues in H1 2020

The Italian Banking Association (ABI) has shown its willingness to support a digital currency from the European Central Bank. The ABI has approved official guidelines for governing a Central Bank Digital Currency (CBDC). The Executive Committee of the ABI has agreed on ten fundamental criteria to issue the digital euro. London Stock Exchange Group (LSEG) announced…

Read more