Visa appoints Andrew Torre as President of Value Added Services
Visa (NYSE: V) today announced that it has appointed Andrew Torre, a 20 -year veteran Visa, as president of the added service value (VAS). Mr Torre will replace Antony Cahill, who has recently been named Regional Chairman and CEO of Visa’s European businesses, without prejudice to the approval of regulatory regulation. Mr Torre will report […]
Konsolidator inaugurates the Financial Data Warehouse
Today, Konsolidator announced the launch of the financial data warehouse, designed specifically for CFO and funding groups. Built to cope with the funding departments facing data overload, the solution provides structured, reliable data for reference without relying on internal computer resources. The Konsolidator’s financial data warehouse sinks into the existing Konsolidator experience in financial information. […]
Romanian Broker Dersvestiment adds EU shares with the Devexperts Dxtrade platform
Reboctiment, the first Romanian broker in over 15 years to be authorized to negotiate the Bucharest Stock Exchange (BVB) and one of the fastest growing investment platforms in the country, announced the expansion of its offering to EU traders. The expansion comes a year after the announcement of the investigation that it has brought US […]
Institutional FX trading volumes sink by 22% in May 2025 as currency volatility evaporates
After a record in April after the invoices of Donald Trump’s release day and the chaos of the market that followed, in May 2025 it was a much more soothing month leading to a somewhat serious fall in the global commercial activity FX. Each of the leading EFX sites asked by FNG-FXSPotstream, CBOE FX, EuronextFX […]
Valereum to make a $ 2.5 million investment in Blubird Global
Valereum Plc today announced a strategic investment of $ 2.5 million in Blubird Global, Inc., for a minority and will receive an observer seat. The investment will be made in eight installments. The company expects to complete the acquisition of the first installments of shares in June 2025, with the other installments expected to be […]
Taurex launches social trading in Asia via Brokere Solutions
The multilevel Global Broker Taurex has announced that he has worked with the leading Fintech Brokere Solutions to introduce social transactions for customers throughout Asia. This integration brings a uninterrupted copy transaction solution to the widely used MT4 platform, supporting a more collaborative and flexible commercial experience. Through social negotiation, Taurex customers can automatically follow […]
Cysc issues a statement on claims against Cypriot forex bodies
The Cyprus Securities and Exchange Commission (CYSEC) issued a statement on claims on FX brokers. Following claims made by the mayor of Pafa Over connections between foreign exchange companies in Cyprus and the Latin American drug cartel, a CYSEC spokesman said: “The forex market is a decentralized network of banks, brokers and other financial institutions […]
RobinHood completes Bitstamp’s $ 200 million acquisition
US markets Neobroker RobinHood (Nasdaq: Hood) have announced that it has closed the acquisition of Bitstamp a global encryption exchange. Bitstamp, founded in 2011 with offices in Luxembourg, the United Kingdom, Slovenia, Singapore and the US, has agreed to be acquired by Robinhood in July 2024 for $ 200 million. The company said this acquisition […]
Interactive brokers record 43% annually increasing arrows in May 2025
Major Interactive Brokers Group, Inc. (Nasdaq: IBKR) just published the basic functional measurements for May 2025. The interactive brokers recorded 3.384 million daily average revenue transactions (darts) in May 2025, 43% higher than in May 2024 and 11% lower than April 2025. The end of customer capitalization amounted to $ 628.2 billion, 29% higher than […]
CME Group Fines, inhibits the dealer for suspected rules violations
International derivatives’ international CME team has published a discipline alert against Jerome Ogrodzki. According to a settlement offer, in which Ogrodzki did not admit or denied the rules or the actual findings on which the sentence is based, on May 28, 2025, a CBOT Business Committee Committee, found that between 20 October 2023 and October […]