Foreign exchange

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/Foreign exchange

Moneycorp appoints Lee McDarby as head of UK FX and international payments

moneycorp, the foreign exchange and international payments specialist, has appointed Lee McDarby as Managing Director for UK Corporate ‎Foreign Exchange and International Payments.

/Foreign exchange

Deutsche Bank's Zar Amrolia joins XTX Markets

XTX Markets today announces that Zar Amrolia will join the firm as co-CEO with Alex Gerko. Amrolia joins from Deutsche Bank where he worked for the past 10 years, most recently as co-head of FICC and Head of Digitisation. Previously he had been a Partner Managing Director in Goldman Sachs.

/Foreign exchange

CLS appoints Joe Ziccarelli head, relationship management, the Americas

CLS, the leading provider of settlement services for the global foreign exchange (FX) market, today announced that Joe Ziccarelli has been appointed Head of Relationship Management, the Americas.

/Foreign exchange

Bitreserve extends currencies

Bitreserve, the leading cloud money platform, today launches four new European currencies.

/Foreign exchange

Siemens selects Deutsche Bank for receivables on behalf of in China

Deutsche Bank today announced that it has implemented a Receivables on Behalf Of (‘ROBO’) solution for Siemens Financial Services (‘SFS’) in China, for both intra-group and third party cross-border receivables.

/Foreign exchange

Portware hires Christopher Matsko as head of foreign exchange trading services

Portware, the first and only global provider of multi-asset trade automation solutions powered by artificial intelligence, today announced the company has appointed FX industry veteran Christopher Matsko as Head of Foreign Exchange Trading Services.

/Foreign exchange

Moneycorp moves on Brazil with stake in Novo Mundo Corretora de Cambio

moneycorp, the UK’s leading foreign exchange provider, has signed an agreement to acquire a minority stake in Novo Mundo Corretora de Câmbio, a fast-growing Brazilian foreign exchange business with a 15 year heritage in international payments and retail FX.

/Foreign exchange

Palamon Capital and Corsair Capital agree £200m Currencies Direct acquisition

Palamon Capital Partners, a pan-European growth investor, and Corsair Capital, a leading private equity investor in global financial services, today announced an agreement to jointly acquire control of Currencies Direct (“The Company”), a leading specialist provider of foreign exchange (“FX”) and international payment solutions to private and corporate clients.

/Foreign exchange

Markit reveals FX trade confirmation service

Markit (Nasdaq: MRKT), a leading global provider of financial information services, today announced the launch of its FX trade confirmation service.

/Foreign exchange

Bats tempts FX traders with free trading on Hotspot

Hotspot, a leading institutional foreign exchange (FX) market owned and operated by BATS Global Markets (BATS), today announced plans to incentivise customers by offering free trading for all transactions on its planned London-based matching engine to the end of 2015.

/Foreign exchange

CLS to develop settlement service for cleared FX products

CLS, the leading provider of settlement services for the global foreign exchange (FX) market, today announced that it is working with LCH.Clearnet, a leading global multi-asset clearing house, to develop a service to facilitate the settlement of cleared foreign exchange products.

/Foreign exchange

EBS BrokerTec announces new management team

EBS BrokerTec, ICAP's market-leading electronic foreign exchange (FX) and fixed income business, announces today that in the next phase of its integration, it has formed an EBS BrokerTec Executive Management Team.

/Foreign exchange

USForex launches global money transfer app

USForex, one of the world’s leading technology-driven international money transfer providers, today announced the launch of “Forex Money Transfer,” the latest advance in currency transfer apps.

/Foreign exchange

Icap folds MyTreasury into EBS BrokerTec

EBS BrokerTec, ICAP’s market-leading electronic foreign exchange and fixed income business, announces that, in line with its multi-product expansion strategy it has combined MyTreasury into its product portfolio.

/Foreign exchange

Bitreserve adds new currencies

Bitreserve, the world's first real-time, transparent and free financial service, today announces the availability of seven new currencies to its cloud money service. Now users can hold, exchange and send money between sixteen global currencies and four precious metals.

/Foreign exchange

Fortex opens Shanghai office

Fortex Inc., one of the leading electronic communication network (ECN) trading platforms, officially opened its Shanghai office July 22, further demonstrating the firm's commitment to China's institutional FX market.

/Foreign exchange

FXSpotStream launches new GUI

FXSpotStream LLC, a wholly owned subsidiary of LiquidityMatch LLC, today announced the launch of a new Graphical User Interface (GUI).

/Foreign exchange

Money Mover attracts £1m in funding for money transfer venture

Money Mover, the online business currency exchange and international payments service dedicated to SMEs, today announced that it has raised £1m from a group of financiers, entrepreneurs and technologists, including Andy Homer and Sir Peter Michael.

/Foreign exchange

FXCM chooses Netwrix Auditor for customer data security compliance

Netwrix Auditor has been chosen by FXCM Inc. (NYSE:FXCM) to help improve security of critical business assets and data, and to simplify the process of passing compliance audits.

/Foreign exchange

Revolut raises £1.5m in funding

Revolut, an alternative foreign exchange service, has recently raised investment in a round led by Balderton Capital, Europe’s leading tech venture capital firm, to launch its ground-breaking international money-transfer app on iOS and Android.

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