Foreign exchange companies

Options Selected to Support Top-Tier Investment Bank Expand its FX Footprint Across Singapore, via Equinix’s SG1 Data Centre

Retrieved on: 
Monday, August 2, 2021
Professional services, Data management, Security, Technology, Finance, Software, Data centers, Equinix, FX, Foreign exchange companies, Companies, Foreign exchange market, Television, Service companies, Options (www.options-it.com):, Abry Partners (www.abry.com), OPTIONS (WWW.OPTIONS-IT.COM):, ABRY PARTNERS (WWW.ABRY.COM)

By leveraging Platform Equinix , Options can provide a leading investment bank with an interconnection-rich environment for low latency and high security FX trading at the digital edge.

Key Points: 
  • By leveraging Platform Equinix , Options can provide a leading investment bank with an interconnection-rich environment for low latency and high security FX trading at the digital edge.
  • This expansion marks the fourth FX trading deployment between Equinix and Options, with existing hubs in London, New York and Tokyo.
  • It is fantastic that a client is expanding its FX footprint in the region through Options.
  • With Equinixs FX hubs also situated in London, New York and Tokyo, our platform provides connectivity between these key regions of the world.

Asia's Leading Crypto Financial Services Platform Matrixport Valued at Over $1 Billion -- Two Years After its Founding

Retrieved on: 
Monday, August 2, 2021
Finance, Money, Companies, Financial technology, Cryptocurrencies, Decentralization, Uberisation, Foreign exchange companies, ING Group, Draft:Bit4you, Paxos Trust Company

SINGAPORE, Aug. 2, 2021 /PRNewswire/ -- Matrixport, Asia's fast growing digital assets financial services platform closed its Series C funding round with a valuation of over US$1 billion — just two years after its establishment. This round was led by partners of DST Global, C Ventures and K3 Ventures with other participants including Qiming Venture Partners, CE Innovation Capital, Tiger Global, Cachet Group, Palm Drive Capital, Foresight Ventures and A&T Capital, along with earlier investors Lightspeed, Polychain, Dragonfly Capital, CMT Digital and IDG Capital. The Singapore-based start-up has raised $129 million to date.

Key Points: 
  • Matrixport offers a full suite of cryptocurrency financial services including institutional custody, trading, lending, structured products and asset management to institutional and retail[1] clients.
  • With the company's vision to "Make Crypto Easy For Everyone", the roll-out will allow more users globally to embrace its cryptocurrency financial services platform.
  • "Matrixport has demonstrated tremendousthoughtleadership as a digital assets financial services platform by being first movers in delivering a well-curated suite of innovativecrypto investment offerings.
  • With $10 billion in assets under management and custody, it provides one-stop crypto financial services with over $5 billion in average monthly trading volumes.

Revolut launches US-Mexico remittance corridor, enabling expats to easily send money back home

Retrieved on: 
Thursday, July 29, 2021
Foreign exchange companies, Financial technology, Cryptocurrencies, Revolut, Money, Finance, Mobile payments, Payment systems, Online payments

With this launch, Revolut customers in the US and Mexico can now easily transfer money between one another without any hidden fees, at the real exchange rate.

Key Points: 
  • With this launch, Revolut customers in the US and Mexico can now easily transfer money between one another without any hidden fees, at the real exchange rate.
  • Revolut's timely launch of this remittance corridor will enable customers to easily make cross-border payments between the US and Mexico at a time when cross-border peer-to-peer payments are reaching peak levels.
  • Revolut designed its money transfer features with ease-of-use and transparency in mind to afford its customers full visibility into where their money is going and when.
  • ABOUT REVOLUT - one app, all things money
    Revolut is building the world's first truly global financial superapp to help people get more from their money.

FXCM Group Reports Monthly Execution Data

Retrieved on: 
Wednesday, July 28, 2021
Foreign exchange companies, Financial markets, Service companies, Finance, FXCM, Foreign exchange market, Contract for difference, GAIN Capital

*These highlights come from orders that executed through FXCM Group from 1 June 2021 to 30 June 2021.

Key Points: 
  • *These highlights come from orders that executed through FXCM Group from 1 June 2021 to 30 June 2021.
  • 5This data is compiled forex and CFD trading data from FXCMs Active Traders for 1 June 2021, to 30 June 2021.
  • 6This data is compiled forex and CFD trading data from FXCMs Active Traders for 1 June 2021, to 30 June 2021.
  • The data reflects the spread at which trades were executed by FXCM clients during all trading hours.

Euronet Worldwide Reports Second Quarter 2021 Financial Results

Retrieved on: 
Wednesday, July 28, 2021
Service companies, Euronet, Finance, Money, NASDAQ, Foreign exchange companies

LEAWOOD, Kan., July 27, 2021 (GLOBE NEWSWIRE) -- Euronet Worldwide, Inc. (Euronet or the Company) (NASDAQ: EEFT), a leading electronic payments provider, reportssecond quarter2021financial results.

Key Points: 
  • LEAWOOD, Kan., July 27, 2021 (GLOBE NEWSWIRE) -- Euronet Worldwide, Inc. (Euronet or the Company) (NASDAQ: EEFT), a leading electronic payments provider, reportssecond quarter2021financial results.
  • Euronet reports the following consolidated results for thesecond quarter2021compared with the same period of2020:
    Operating incomeof$30.1million, compared with an operating loss of$101.3 million.
  • Euronet Worldwide will host an analyst conference call on July 28, 2021, at 9:00 a.m. Eastern Time to discuss these results.
  • Euronet Worldwide is an industry leader in processing secure electronic financial transactions.

Paysend Welcomes 300,000 U.S. Customers in 9 months as Demand for International Digital Money Transfers Grows

Retrieved on: 
Wednesday, July 21, 2021
Foreign exchange companies, Payment systems, Electronic funds transfer, Money, Finance, Digital currencies

Since the company's U.S. launch in September 2020, digital money transfers have experienced a considerable boost backed by the COVID-19 pandemic.

Key Points: 
  • Since the company's U.S. launch in September 2020, digital money transfers have experienced a considerable boost backed by the COVID-19 pandemic.
  • The market's value was estimated at $16.3 billion in 2020 and has increased by nearly 9% to $17.69 billion in 2021.
  • For example, money transfer services experienced a 214% increase in U.S. outbound transfer activity from September 2020 June 2021.
  • And globally, Paysend registered more than 4 million customers for its digital money transfer services to date.

CAPEX.com launches StoX - 0 Commission, unleveraged fractional CFDs on shares

Retrieved on: 
Wednesday, July 21, 2021
Finance, Contract for difference, Stock market, Foreign exchange companies, Financial economics, Investment
Key Points: 
  • NICOSIA, Cyprus, July 21, 2021 /PRNewswire/ -- CAPEX.com , the leading global multi-licensed broker operated by Key Way Investments Ltd, launches new product: StoX.
  • Clients can now trade CFDs on over 50 of the world's largest U.S-listed stocks, including Apple, Tesla, Microsoft, Facebook, Alibaba, or Disney, with 0 commission, no leverage, and fractional trading.
  • The new StoX feature supplements the broker's already impressive list of financial instruments, comprising more than 2.100 CFDs on shares, Forex, indices, ETFs, bonds, commodities, cryptocurrencies, and their proprietary blends.
  • Additionally, we have included fractional trading for StoX instruments, so they can trade from 0.01 of the share value, further diversifying their investments.

CAPEX.com launches StoX - 0 Commission, unleveraged fractional CFDs on shares

Retrieved on: 
Wednesday, July 21, 2021
Contract for difference, Stock market, Finance, Financial economics, Foreign exchange companies, Investment

- CAPEX.com, leading global multi-licensed broker operated in Europe by Key Way Investments Ltd, enlarges its asset portfolio with much-welcomed new addition.

Key Points: 
  • - StoX gives clients access to trade over 50 of the world's largest US-listed companies, including Apple, Tesla, Microsoft, Facebook, Alibaba, Disney and more.
  • NICOSIA, Cyprus, July 21, 2021 /PRNewswire/ -- CAPEX.com , the leading global multi-licensed broker operated by Key Way Investments Ltd, launches new product: StoX.
  • The new StoX feature supplements the broker's already impressive list of financial instruments, comprising more than 2.100 CFDs on shares, Forex, indices, ETFs, bonds, commodities, cryptocurrencies, and their proprietary blends.
  • Additionally, we have included fractional trading for StoX instruments, so they can trade from 0.01 of the share value, further diversifying their investments.

PayBito to Offer Crypto Custody Solutions to US-based Brokerage Firm

Retrieved on: 
Friday, July 16, 2021
Cryptocurrency, Decentralization, Financial technology, Uberisation, Foreign exchange companies, Economy, Draft:BlockFi, Draft:Changelly

PayBito, teaming up with US-based brokers, comes to the rescue to shield their crypto assets by leveraging crypto custody solutions .

Key Points: 
  • PayBito, teaming up with US-based brokers, comes to the rescue to shield their crypto assets by leveraging crypto custody solutions .
  • Owing to the protection of crypto assets, global trading platform, and crypto exchange PayBito brings forward its secure and user-friendly crypto custody solutions, aiming to provide institution-grade custody solutions for the US brokerage industry.
  • PayBito Custody intends to support each of the cryptocurrency assets that US brokerages and institutional investors care about.
  • (iii) Easy Exchange Accessibility: PayBito custody assists to trade digital and crypto assets directly from the wallet.

International online trading platforms pay more than $4 million following settlement with the OSC

Retrieved on: 
Thursday, July 15, 2021
Financial markets, Finance, Contract for difference, Stock market, Financial economics, Foreign exchange companies

It is imperative that foreign market participants, including online trading platforms, identify and comply with local securities laws.

Key Points: 
  • It is imperative that foreign market participants, including online trading platforms, identify and comply with local securities laws.
  • VGP and VIG were foreign-based firms that operated unregistered online trading platforms under the name "Vantage FX" and allowed Ontario residents to trade CFDs.
  • The Ontario investors that did not close their accounts continued to trade CFDs on VIG's "Vantage FX" online trading platform.
  • As part of the settlement agreement, VGP and VIG have agreed to pay an administrative penalty of CAD 600,000 and to disgorge USD 3 million.