Which encryption exchange did IG Group just get more than $ 100 million? Why did IG said made the move?
Who is behind the release of the new Investa Options Transactions application?
Who was hired as CEO of ARM Hantec Prime of Hantec’s institutional broker?
What other executives were observed in Cpt Markets, Primexm, Eightcap, IG and Topfx?
Some of the most read and commented news stories in the FX/CFD industry to appear in the last seven days in FNG included:
Top news of the FX and CFDS industry this week
The IG Group acquires the independent encryption reserve for $ 178 million. The electronic negotiation of the large IG Group Holdings PLC (LON: IgG) today announced the acquisition of an independent reserve, an exchange of encryption based in Australia, for an initial value of businesses of $ 178.0 million (£ 86.8 million). The independent reserve has a strong growth potential, with revenue of 12 months expiring on June 30, 2025 from $ 35.3 million (£ 17.7 million), increasing 88% for the previous year and representing CAGR 70% over the past two years.
RETURN RETURN The application that starts with the second crowdfunding. Investa -based London has announced that the implementation of zero transactions is now available to investors after an active soft launch, where more than 1,400 transactions have been facilitated. The application, available on iOS, has been manufactured by a group of former Citi options and Freetrade co -founder Ian Fuller.
IG Prime launches the offering of institutional white label. IG Prime, the B2B services and the IG BROKER IG Group’s Institutional Stock Exchange, announced that it has launched an institutional white label solution in a strategic partnership with an international banking group. The solution will give customers of the Bank’s institutional offensive offenses access to the IG global trading platform, which is delivered under the name of the bank.
FxSpotstream adds bny to the 19th liquidity provider. The Multibank FX Streaming Service FXSPotstream, a subsidiary of LLC by Liquiditymatch LLC, which is entirely owned, has expanded the growing liquidity team by adding Bny, a global financial service company, to the service that is not cost -to -do. BNY becomes the 19th Liquidity Provider in Service.
Starprime begins the Delta-T liquidity solution. Starprime, the FX Prime Services Unit and CFDS Brokerage Group Startrader, announced the launch of what a revolutionary liquidity solution (Delta-T), designed to provide clients with additional revenue of $ per million from their flows. Delta-T works in a “community-based” principle, where all market participants contribute to predicting the analysis of the possible value of the class flow.
Top executive movements of the FX industry this week
❑ Exclusive: Michael Nichols unites Hantec Prime as CEO.
❑ Exclusive: Mike Greenhalgh replaces Nick Lewis as CPT Markets UK chief executive.
❑ Christina Barbash was named CCO in Primexm.
❑ Eight CMC Exec Neil Emmerson to lead the UK trading risk.
❑ Mike Mctighe intends to resign as president of the IG team.
❑ Exclusive: Topfx Omar Al-Janabi’s sales head is departing.
❑ Capitolis appoints Melanie Carucci as a worldwide head of sales.