Category: Forex

Foreign exchange settlement provider CLS Group saw strong volumes in September 2020 as investors flocked again to safe-haven assets amid violent market swings on fears of a coronavirus-fueled global recession.The...

Avelacom, a technology infrastructure provider to the financial markets, has announced on Wednesday the launch of a backup connectivity route between Chicago and Tokyo.This development came ahead of the United States elections...

The Federal Court of Australia has agreed on the deal struck between the Australian Transaction Reports and Analysis Centre (AUSTRAC) and Westpac, ordering the Australian bank to pay AU$1.3 billion (around $0.92 billion) for its...

Chicago-based Trading Technologies International, a global provider of trading solutions, today announced in a joint statement with Applied Derivatives PTY LTD a new partnership to distribute its flagship TT trading platform in...

US electronic market maker, Virtu Financial Inc., today unveiled several product and service enhancements for its broker-neutral offering dedicated to forex markets.The latest additions leverage Virtu’s...

Swiss investment banking giant, UBS (SWX:UBSG) has performed strongly in the third quarter of 2020, with a 99 percent year-on-year rise in its net profit.In absolute numbers, the wealth manager ended up with a net income of...

B2Broker, a liquidity and technology provider for the crypto and forex industry, has launched a new website and has also updated its branding, which aligns with its new corporate identity and expansion plans.The company is...

Goldman Sachs has reached into a settlement with the United States Department of Justice (DoJ), paying a fine of more than $2 billion for its involvement in the 1MDB scandal, Bloomberg reported on Tuesday.The DoJ, in return,...

Citadel Securities, a major market maker in the US stock and options, has moved to court against the Securities and Exchange Commission (SEC) over the regulator’s approval of a new order type introduced by stock-exchange...

Major European stock exchange operator Euronext has suspended training on multiple markets on Monday morning, citing some technical issues.The glitch has impacted the operations of many stock exchanges, including the one in...

Trading technology provider, Itiviti has announced on Monday its partnership with Hong Kong-based equity broker KGI Asia (Hong Kong) for offering its multi-asset order management solution (OMS) for high and low-touch...

Refinitiv, the former Financial and Risk business of Thomson Reuters, today reported that the average daily volumes (ADV) of currency trading were $426 billion last month on the company’s main FX trading services....