Forex Weekly Look Back: IG Group revenue jumps 65% in Q3, FP Markets launches Social Trading platform LeapRate

March 12, 2021 BY Steffy Bogdanova

Forex Weekly Look Back: IG Group revenue jumps 65% in Q3, FP Markets launches Social Trading platform

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…

March 09, 2021 BY Steffy Bogdanova

TP ICAP reports £11 million acquisition costs in final results for 2020

Liquidnet’s electronic network integrates extensive buyside trade workflow connectivity and includes advanced incorporations with all execution management and major order management systems. Alongside its hopes to achieve new growth opportunities, TP ICAP also expects to take advantage of analytics and data assets expertise from both organisations in order to push non-transaction-related revenues. The overall consideration…

February 19, 2021 BY Steffy Bogdanova

Forex Weekly Look Back: Plus500 reports strong revenue for the year, Fullerton Markets adds MT5 platform

Executed over several days in the first week of February this year in order to limit market slippage, Tesla made a $1.5 billion bitcoin purchase which has now been revealed by Block to have been brokered by the cryptocurrency platform, Coinbase. Up until this announcement it had been unclear who had facilitated the significant purchase,…

January 29, 2021 BY Steffy Bogdanova

Forex Weekly Look Back: Robinhood to restore GameStop trading, Brokeree integrates Liquidity Bridge with Ausprime

Germany’s Federal Financial Supervisory Authority (BaFin) filed criminal complaint on Thusrday against one of its employees for suspected insider trading in payments company Wirecard. BaFin said that the employee of the securities supervision department sold structured products based on Wirecard on 17 June 2020. The date is one day before Wirecard’s auditor EY found that 1.9…

January 25, 2021 BY Steffy Bogdanova

TP ICAP to stop serving some EU clients because of delay in completion of Paris unit

The company said: However, due partly to the extraordinary circumstances relating to the COVID-19 pandemic ... it has not yet been possible to complete the relocation of staff to the EU 27 or the local hiring of brokers in the EU-based offices of TPIE as quickly as originally planned. TP ICAP said it would finish…

November 13, 2020 BY Steffy Bogdanova

Forex Weekly Look Back: BDSwiss adds 1000+ CFDs on ETFs and DMA stocks, Christian Frahm launches United Fintech

Eventus Systems, Inc., global provider of multi-asset class trade surveillance and market risk solutions, announced today that 100x Group, the holding structure for BitMEX, has chosen Eventus to support BitMEX’s trade surveillance and Anti-Money Laundering (AML) transaction monitoring. Cryptocurrency products trading platform BitMEX will deploy the cloud-based version of the Eventus Validus platform within the…

November 09, 2020 BY Steffy Bogdanova

TP ICAP reports 19% YoY fall in Total Global Broking in Q3 2020

Nicolas Breteau, Chief Executive Officer commented: Over a nine-month period of substantial economic dislocation, TP ICAP's business has been resilient. We have implemented a targeted cost efficiency programme that will provide further support to our earnings power in an operating environment that remains uncertain. TP ICAP has a clear strategy of electronification, liquidity aggregation and…

October 16, 2020 BY Steffy Bogdanova

Forex Weekly Look Back: TMGM to sponsor the Australian Open, Peter Tatarnikov talks about the Financial Commission

Hashtacs and Swiss private bank EFG are developing a blockchain platform in a project funded by the Monetary Authority of Singapore’s (MAS) Financial Sector Technology & Innovation (FSTI) proof-of-concept grant. The platform is called “Project Nathan” and uses distributed ledger technology (DLT) to automate and manage the entire lifecycle of a structured product. Advanced Markets Group,…

October 12, 2020 BY Steffy Bogdanova

TP ICAP agrees to buy Liquidnet in $575m deal

TP ICAP CEO, Nicolas Breteau commented: Acquiring Liquidnet is a unique opportunity to transform TP ICAP’s growth prospects by materially accelerating the execution of our electronification, aggregation, and diversification strategy. Liquidnet is a cash Equities dark/block trading global specialist, with a growing Fixed Income presence. The trading venue provides its buyside clients who exceed 1,000…

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…

Tag: TP ICAP