Travelex, the world’s largest foreign exchange specialist, is to participate in Currenex’s market-leading online foreign exchange service, FXtrades, and participate as the first non-bank FX dealer on the platform. FXtrades is a real-time foreign exchange platform by Currenex that supports FX trading from initiation and execution to settlement and reporting for any currency pair. The Travelex Group, is the world’s largest non-bank provider of foreign exchange with trading floors in London, Sydney and Toronto. The privately-owned, UK-based company, completed the acquisition of Thomas Cook Global and Financial Services in March of 2001 making it the industry leader in retail, corporate and wholesale foreign exchange around the globe.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.