Take a look at the most prominent events of this week and the latest updates:
Interactive Brokers integrated digital asset trading
Interactive Brokers Group announced its new option. It was a cryptocurrency trading on the website with low commission. So, it is the latest retail firm to integrate cryptocurrencies into its solutions.
American customers of the company are now able to invest, transfer, and HODL BTC, ETH, LTC, and BCH.
Not so long ago, Chairman Thomas Peterffy noticed in June that the firm, which collaborates with active traders and tempted investors, would integrate trading with cryptocurrencies. The company planned to show this solution by the end of the summer as virtual currencies gain mass adoption.
IG Prime announced its collaboration with Brokerage Tech Provider Centroid
A provider of prime brokerage services for institutional customers has collaborated with Fintech provider Centroid Solutions. This company provides a wide range of services to brokerages. Among them are risk management solutions, the ability to connect, aggregation, and regulatory reporting.
Cristian Vlasceanu, CEO of Centroid Solutions, noticed that the team is delighted to join forces with a world-class multi-asset liquidity provider like IG. Now, their customers gain market access via IG’s liquidity while IG’s customers benefit from their solutions in all in one place. The company plans to provide the best execution environment and access to the global financial industry to their traders.
Saxo Bank faced a slump in Forex trading volume in five years
The Danish bank has shown its group financial results after August. The financial firm faced a hash decline in its trading volumes among its most parts.
According to the latest stats, the total trading volume for this month came in $264.9 bln with a 14% decrease on a month-to-month basis from July’s $309.5 bln.
In addition, the total average daily volume is $12 billion only. The company had $14.1 bln in July.
Moreover, the total Forex trading volume for the month came in at $96.8 bln. It was the first time when the Forex trading volume of the bank slumped below the level of $100 bln.
eToro improved its account statement tool
According to the latest info published by an online brokerage company, eToro, the company improved its account statement solution.
So, as a result, there is an easier way to access one’s account statement. Customers just need to go to settings, then select account, then tap on “View” next to Account Statement.
Also, traders can make use of predefined time frames.
In addition, the mobile optimization of the feature was introduced. The Account Statement is now designed to manage the personal account on the go and automatically flips to horizontal view in order to display the full statement.
OANDA seeks court’s help in discovery in a patent infringement case
Although OANDA and GAIN Capital have recently agreed on access to source code materials in a patent infringement claim, participants are waiting for the final decision of the court.
The letter, published not so long ago, shows a request for the court’s help.
OANDA revealed that the companies have met and come to a consensus. The company noticed that they are waiting for legal help with resolving this issue: it is needed to define a time period for GAIN to publish the details that it has already planned to provide.
