Poul Thomsen Elevated to European Director at IMF
- The International Monetary Fund (IMF), vacancy created by Reza Moghadam’s resignation earlier this year to JPMorgan has been filled by Poul Thomsen, who assumes the role of Director of the European Department.
Tuesday, 04/11/2014 | 10:08 GMT by
Jeff Patterson
RBS Preps for FX Settlement Charges with $639Mln Allocation, Company Stock Falls
- Several of the financial industry’s leading banks have been engulfed in an ongoing probe alleging FX manipulation – in anticipation of impending regulatory actions, RBS has allocated $639 million for potential settlements.
Monday, 03/11/2014 | 18:28 GMT by
Jeff Patterson
Breaking: Interactive Brokers Releases October 2014 Trading Metrics, DARTs Increase by 18% MoM
- US-based retail broker Interactive Brokers Group, Inc. has released its October 2014 metrics, which were highlighted by another robust month of trading activity that notched an uptick over September.
Monday, 03/11/2014 | 17:39 GMT by
Jeff Patterson
GAIN Capital Holdings Reports Record $102.8 Million Q3 Net Revenues
- GAIN Capital Holdings has released its third quarter results ending September 30, 2014, which illustrated an explosion of net revenues, coming in at a record $102.8 million or 69% growth YoY.
Friday, 31/10/2014 | 11:31 GMT by
Jeff Patterson
Breaking: GAIN Capital Purchases City Index for $118Mln
- GAIN Capital Holdings (NYSE:GCAP) has formally entered into an agreement to acquire FX, CFD, and UK spread betting firm, City Index Limited to $118, with a net purchase price of $82 million, which includes $36 million in cash.
Friday, 31/10/2014 | 10:29 GMT by
Jeff Patterson
Hello Markets Partners with Bullion Capital, Expands Precious Metals Offering
- Hello Markets has launched a new partnership with Bullion Capital, expanding the company’s product suite to commodities markets, culminating in an offering of precious metals trading to clients.
Friday, 31/10/2014 | 08:46 GMT by
Jeff Patterson
South Korea Looks to Expand Yuan, Won Direct Trading Capabilities
- South Korea is poised to launch new direct trading capabilities between the Chinese yuan and the Korean won in December in a bid to help attract Chinese business and serve as a hub for yuan transactions.
Friday, 31/10/2014 | 07:57 GMT by
Jeff Patterson
Ex-Barclays FX Head, Christophe Gioffredo Joins UBS
- Former Barclays Head of FX Sales, Christophe Gioffredo has reportedly joined UBS in a hedge fund sales related role, following nearly a decade at Barclays and a brief hiatus from the markets since June.
Friday, 31/10/2014 | 00:03 GMT by
Jeff Patterson
Cantor Fitzgerald Canada Adds Peter Gombocz as Its Managing Director
- Cantor Fitzgerald Canada Corporation, an affiliate of Cantor Fitzgerald LP, has appointed Peter Gombocz as its Managing Director and Head of Electronic and Program Sales and Trading.
Friday, 31/10/2014 | 00:01 GMT by
Jeff Patterson
Kraken Poised to Launch Trading Between Bitcoin and JPY
Thursday, 30/10/2014 | 22:18 GMT by
Jeff Patterson
FINRA & SEC Issue Investor Warning on Penny Stock Fraudsters
- The Financial Industry Regulatory Authority (FINRA) and the Securities and Exchange Commission's (SEC) Office of Investor Education and Advocacy has released a warning to investors over volatile penny stocks.
Thursday, 30/10/2014 | 17:53 GMT by
Jeff Patterson
XE.com Partners with Currency Cloud, Launching XEMT Payment Service
- XE.com, one of the most widely utilized currency translation sites has initiated a partnership with Currency Cloud for its XE Money Transfers (XEMT), which is slated for launch by years end in the UK.
Thursday, 30/10/2014 | 15:10 GMT by
Jeff Patterson
Exclusive: Akin Abbak Joins Financial Commission's Committee
- The Financial Commission has filled a key vacancy, adding Akin Abbak, Managing Partner of ABBAK Attorneys at Law Firm in Istanbul, to its Dispute Resolution Committee (DRC), bringing the committee executive count to twelve.
Thursday, 30/10/2014 | 00:05 GMT by
Jeff Patterson
Deutsche Bank Names Sam Wisnia as Newest London Head
- Deutsche Bank AG has announced the appointment of Sam Wisnia as its newest Head of Fixed Income & Currencies (FIC), Structuring, and Head of Strategic Analytics for Corporate Banking and Securities (CB&S).
Thursday, 30/10/2014 | 00:01 GMT by
Jeff Patterson
David Faulkner Joins Fluent Trade as Head of Business Development
- Financial tech provider, Fluent Trade Technologies has appointed former EBS executive David Faulkner as its newest Head of Business Development in a bid to tap into European market growth.
Wednesday, 29/10/2014 | 13:49 GMT by
Jeff Patterson
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