Institutional FX Archives - Page 2 of 46

Equals Takes £3.16 Million in Losses for H1 2020, Focusing on B2B

September 23, 2020

Equals, formerly known as FairFX, has published its interim results for the first half of 2020 ended on June 30, reporting an after-tax loss of £3.16 million. The company was profitable in the similar period ...

SEC Slaps Credit Suisse with $600K Fine for EBS Lapses

September 23, 2020

The United States’ Securities and Exchange Commission (SEC) announced today that it has settled with Credit Suisse for a civil penalty of $600,000 as the investment banking giant failed to submit some mandato...

Societe Generale to Commence Sale of Lyxor in Q4 2020, Sources Say

September 22, 2020

French multinational investment bank Societe Generale is reportedly about to launch the sale of its asset management arm, Lyxor, in order to boost its financial performance after two disappointing quarters, a...

UBS and Credit Suisse Might Merge as One Entity

September 14, 2020

Two Swiss banking giants, Credit Suisse and UBS, might see a possible merger as the chairmen of the banks are already considering to create a single European banking giant. Reported by Swiss news agency Insi...

Euronext Submits Offer to LSEG to Acquire Borsa Italiana

September 14, 2020

After confirming that it was in talks with Cassa Depositi e Prestiti (CDP) to acquire Borsa Italiana, Euronext has confirmed this Monday that it has submitted a non-binding offer to the London Stock Exchange ...

Pegasus Markets Found Guilty of Charges Brought by New Zealand’s FMA

September 11, 2020

Pegasus Markets Ltd, a stockbroking company, and its New Zealand-based director, Michael Reps have been found guilty of all criminal charges brought by the country’s financial regulator the Financial Markets ...

SGX-ST Grants Ayondo Another Extension for Proposal to Resume Trading

September 10, 2020

Ayondo, an investment firm based in Zurich, has yet again had the deadline for when it needs to submit its proposal to resume trading in its securities extended by the Singapore Exchange Securities Trading Li...

Integral Launches Seventh Generation of FX Inside Platform

September 9, 2020

FX technology company Integral has launched the 7th iteration of its relationship-based trading platform – FX Inside (FXI). The upgraded FX liquidity aggregation solution addresses the business needs of brok...

CME Group Sees Record Metals Trading in August, FX Drops

September 3, 2020

Derivatives marketplace CME Group has recently published its market statistics for the month of August. Overall, trading was stronger on a monthly comparison for the trading provider, but the performance did ...

Alpha FX Sees Dip in H1 Profit Despite Solid Revenue Uptick

September 2, 2020

Alpha FX (LON: AFX), a UK-listed foreign exchange (FX) broker, has today filed its unaudited half-yearly interim report ending on June 30, 2002, with the London Stock Exchange. Though the brokerage reported a...