Author: Chief Editor
CVC Capital Partners sells OANDA Global Corporation to FTMO Group, with the transaction pending regulatory approvals and undisclosed terms. Private equity firm CVC Capital Partners has agreed to sell OANDA Global Corporation, one of the largest retail FX and CFDs brokers, to FTMO Group, a prop trading firm. The transaction, which remains subject to regulatory approvals, ended CVC’s ownership of OANDA which it acquired in 2018 for $175 million. FTMO has recently shifted to a stronger emphasis on retail brokerage services, securing the management of experienced industry specialists to help the company expand.
Access Bank Nigeria adopts Integral’s technology to Optimize FX Pricing, Liquidity Aggregation & Distribution in West Africa and Beyond. Access Bank Nigeria has partnered with Integral to strengthen its foreign exchange (FX) pricing and distribution capabilities, supporting its regional expansion efforts. By implementing Integral’s tailored solutions for liquidity aggregation, pricing, and distribution, Access Bank Nigeria aims to improve its operational efficiency. A key feature of this collaboration is the sub-white labelling of services to the bank’s affiliates and entities, offering a customized graphical user interface (GUI) for trading. This technology enables seamless integration, ensuring uninterrupted service as Access Bank continues to…
STICPAY partners with MetaTrader 5, enabling brokers to seamlessly send and receive payments using integrated e-wallet and payment services. STICPAY makes an announcement of a new strategic partnership with MT5, a widely used multi-asset trading platform. Through an integrated e-wallet and payment services, this integration allows brokers to transfer and request payments via STICPAY directly within the MT5 platform. It supports various payment methods such as credit cards, APMs, crypto, local bank transfers, and e-wallets. This partnership streamlines the payment process for brokers, making it easier to manage financial transactions directly within the MT5 platform.
Swissquote hires Caroline Schwab as Brand Manager, bringing fresh perspectives from her background in trade fair management. Swissquote has appointed Caroline Schwab as its new Brand Manager, marking a significant step in its brand enhancement efforts. Caroline Schwab joins the company with a diverse background, having spent the past six years as the Deputy Trade Fair Director for EPHJ, a major trade show held annually in Geneva. Her experience in branding and event management is expected to bring fresh perspectives to Swissquote’s marketing strategy. The company has recently reported impressive 2024 revenues of CHF 655 million and client assets of…
Markets4you hires Eoh You Loong as Regional Director for APAC, leading a 50+ team and expanding market presence across regions. Markets4you has announced the appointment of Eoh You Loong as its new Regional Director of Strategic Markets for the APAC region. You Loong will oversee a team of more than 50 professionals, driving the company’s business expansion and managing client and partner acquisitions. Eoh You Loong brings a wealth of experience to the role, having previously served as the Regional Sales Lead at TMGM in Singapore. His career includes leadership roles at Vantage, CGS-CIMB Securities, and Saxo Bank, where he…
STARTRADER has received its SCA license, ensuring full compliance with UAE regulatory and security standards for traders. STARTRADER has officially obtained a regulatory license from the UAE’s Securities and Commodities Authority (SCA), marking a significant milestone in its commitment to compliance and client security. The SCA license ensures STARTRADER is now subject to strict operational standards, including increased transparency, strong risk management and investor protection measures. With this license, the broker is committed to creating a safe place for trading contracts for differences (CFDs).
FX Weekly Round Up, covering the most impactful events in the foreign exchange industry from 27-Jan-25 to 31-Jan-25. This week, we bring you the top news stories that have shaped the forex markets. Below are the best news to keep you informed and ahead in the dynamic world of forex trading. XS.com Launches VIP Program Offering Rewards for Loyal Traders XS. com, a leading global fintech and financial services provider, has announced the launch of its highly anticipated VIP Clients Program (XS VIP) designed to reward the most active and loyal traders on its platform. This initiative offers a tiered structure with…
Xlence Global has been announced Diamond Sponsor for Smart Vision Summit Oman 2025. Xlence Global has been announced as Diamond Sponsor for the highly anticipated Smart Vision Summit Oman 2025 – 2nd Edition. It will take place on 12–13 February 2025 at JW Marriott Hotel, Muscat and this prestigious event aims to unite the finest financial experts in the industry. Powered by the diamond sponsor Xlence Global unwavering support, the summit promises to be more enriching than ever with invaluable insights and growth opportunities. Attendees can expect to engage with leading experts and explore the latest trends and innovations shaping the future of…
The IUX Gala brought together industry leaders and influencers, developing collaboration and driving advancements in the tech ecosystem. The IUX Gala was recently held, where industry leaders, influencers, and partners gathered for an evening of celebration and networking. The inspiring speeches and discussions that made this event a great success reflect the commitment to collaboration that will drive the evolution of this dynamic and thriving ecosystem. Participants had the opportunity to connect with professionals with whom they could form fruitful partnerships in the future.
Doo Clearing partners with Aurum Solutions to automate reconciliation processes, reducing time spent on compliance by 92%. Doo Clearing, a UK-based forex broker and liquidity provider, has teamed up with Aurum Solutions to automate its reconciliation processes. This integration will help the broker to be FCA compliant with Client Asset Sourcebook (CASS) regulations. By using Aurum’s software, Doo Clearing aims to save significant time and resources, reducing reconciliation time by 92% and reclaiming approximately two hours per day. Nadine Howard, CEO of Doo Clearing, emphasized that the automation not only saves costs but also ensures regulatory compliance, boosting operational integrity.