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Fx
Europe's Economic Crossroads: Recession Fears and S&P Global's
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Executive Moves
Tradable Makes a Number of New Hires - Selects Patrick Mortensen as Chief Commercial Officer
2014-07-16T02:00:39.000+02:00
Open-ended trading platform provider for financial markets, Tradable, extended its senior management team. The firm has appointed Patrick Mortensen as Chief Commercial Officer, along with new developers.
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Brokers
Interactive Brokers Reports Mixed Q2 2014 Metrics, Volumes Retreat -5% QoQ
2014-07-15T22:54:24.000+02:00
Interactive Brokers Group Inc. has just announced the release of its Q2 financial metrics ending June 30, 2014, which were highlighted by a notable decrease of trade volumes to the tune of -5% QoQ.
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Exchanges
Spotex Taps Solace Systems for Low Latency ECN Infrastructure
2014-07-15T17:18:12.000+02:00
FX electronic communications network (ECN) Spotex, has selected Solace Systems for its low latency-messaging infrastructure, in a bid to help reduce response times and slippage for its fx network.
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Technology
ITG Introduces FX Trading Index App Providing Liquidity Costs for 20 Currency Pairs
2014-07-15T16:34:05.000+02:00
ITG, a trade execution and research broker for several asset-classes, has launched a new FX Trading Cost Index app, which helps provide liquidity costs of 20 currency pairs for traders and portfolio managers.
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Brokers
Mushegh Tovmasyan Parts Ways with Alpari to Become CEO at Divisa Capital
2014-07-15T04:57:56.000+02:00
Leaving the Russian Giant, Mushegh Tovmasyan is eyeing "aggressive growth" for his Divisa Capital Group LLC - "Big brokers intimidate b2b clients" - and takes pride at the newest recruit Norbert Lukasiewicz.
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Interviews
Mushegh Tovmasyan Leaves Alpari To Become CEO at Divisa Capital
2014-07-15T03:47:19.000+02:00
Mushegh Tovmasyan has left his role as Director of Alpari to become CEO of Divisa Capital and reaffirm his role with the firm.
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Expert Insights
Low Market Volatility Equals High Industry Volatility
2014-07-15T03:10:36.000+02:00
At the present, brokers and service providers are struggling – market volatility is at historically low levels and has been since April.
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Executive Moves
Credit Suisse Promotes Angie Ma to Newest Managing Director for Greater China
2014-07-14T19:37:05.000+02:00
Credit Suisse AG, the Switzerland-based financial services juggernaut has promoted company standout Angie Ma to the role of Managing Director and Sector Head for the entire Greater China region.
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Executive Moves
Allianz Global Investors Hires Quartet to Fortify Its Emerging Markets Business
2014-07-14T17:46:02.000+02:00
Allianz Global Investors, an asset manager affiliate for Allianz SE has named a four-member team to foster its $1.7 billion Emerging Markets Debt business, through fx, volatility, and hedge strategies.
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Expert Insights
What To Do With Your Account After Your Broker Was Sold
2014-07-14T02:01:46.000+02:00
Your account CAN live on, even if your broker won’t.
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Trending
BT Prime, Boston Prime Face Injunction, Bassam Maalouf Talks FX
2014-07-11T16:51:43.000+02:00
Despite a usually tranquil summer, the forex nation has marked by a number of executive moves.
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Interviews
Admiral Markets Ltd’s CEO, Petrov Explains Rebranding into MTrading
2014-07-11T03:46:02.000+02:00
Maxim Petrov, CEO of Admiral Markets Ltd, weighs in on the recent development surrounding broker’s rebranding into MTrading
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Executive Moves
FX Powerhouse Reshuffles as It Looks to Weather the Institutional FX Storm
2014-07-11T02:07:41.000+02:00
Leading FX trading venue, EBS, looks to address challenges in the FX trading landscape as it reports on a number of key personnel changes, two senior people have left the firm and two others have been promoted.
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Executive Moves
ICAP’s Last Remaining Co-Head John Schoen, Reveals Plan to Leave EBS Markets
2014-07-10T22:52:19.000+02:00
The shakeup at ICAP appears to have taken another turn Thursday, as John Schoen, the firm’s last remaining co-Head has announced his intent to leave EBS Markets, just days after Nichola Hunter’s departure.
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Executive Moves
UBS Appoints Philip Brides as Senior US Portfolio Manager for Currency Allocation
2014-07-10T18:53:53.000+02:00
UBS Global Asset Management, the banking conglomerate’s asset management division, has named Philip Brides as its newest Senior Portfolio Manager for asset allocation and currency operations in the US markets.
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Brokers
Saxo Bank Reports Delayed May Volume Metrics, Lacklustre Trend Continues in June
2014-07-10T18:25:59.000+02:00
An increase by 9% during the month of May was followed by a modest decline in June by 2.5% marking a rebound from multiyear lows which Saxo reported in the month of April, average daily volumes totalled $10.8 billion.
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Executive Moves
Vatican Appoints Veteran Execs from Goldman Sachs, Deutsche Bank
2014-07-10T06:00:31.000+02:00
Drawing upon a pool of qualified financial personnel, Pope Francis has turned to veteran specialists from Goldman Sachs, Deutsche Bank AG, and Invesco to help curb rampant corruption and effectively overhaul the Vatican Bank.
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Expert Insights
The Best Techniques For Copy Trading
2014-07-10T05:00:19.000+02:00
There are three factors that determine the success of an individual participating in Social Trading.
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Executive Moves
BofA Merrill Lynch Adds Claudio Piron, Adarsh Sinha as Co-Heads of Asian Strategy Team
2014-07-10T02:01:39.000+02:00
Bank of America Merrill Lynch has fortified its currency division by appointing two forex executives in Claudio Piron and Adarsh Sinha as co-heads of the bank’s Asian rates and currency strategy team.
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Executive Moves
Caplin Systems Appoints Ed Magee as Executive VP for the Americas
2014-07-09T21:57:14.000+02:00
Caplin Systems, a multi asset provider of single-dealer platform (SDP) technology has selected forex industry veteran, Ed Magee.
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Executive Moves
ITRS Group Taps Guy Warren as CEO, Succeeding Kevin Covington
2014-07-09T18:13:56.000+02:00
ITRS Group Ltd, a global technology provider for investment banks, currency exchanges and brokers, has tapped Guy Warren as its newest Chief Executive Officer, succeeding Kevin Covington, who is slated to remain with the company.
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Regulation
State Street Court Reaches Shareholder Settlement Worth $60 Million, Following FX Fraud
2014-07-09T17:35:48.000+02:00
State Street Corp, a financial services company dealing in several asset-classes, has reached a $60m settlement following a shareholder lawsuit, which alleged the firm overcharged its clients for forex-related services.
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Executive Moves
Citigroup Executive Scott Balkan Parts Ways with Bank to Join Hedge Fund
2014-07-09T17:31:25.000+02:00
Scott Balkan, the Managing Director and Head of Distressed Debt at Citigroup Inc. is leaving the banking giant to join hedge fund Silver Point Capital LP, after a tenure of eight years with Citigroup.
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Technology
CLS Forex Volumes Rebound in June, Jump 5.1% MoM after a Forgettable May
2014-07-09T16:38:13.000+02:00
CLS Group’s settlement and aggregation service has reported its fx trading volumes for the month of June, highlighted by a notable increase across the board and a nice rebound in the aftermath of downtrodden May figures.
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Interviews
Peter Tatarnikov Reveals Benefits for Brokers Via the Financial Commission
2014-07-09T06:26:33.000+02:00
Peter Tatarnikov checked to weigh the mutual benefits for both traders and brokers in relying on the Financial Commission for mediation.
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