IAM has just announced the closing of a senior term loan to JMB Crushing Systems ULC (“JMB”), a portfolio company of Seattle-based private equity firm Westward Partners, LLC. This financing represents IAM’s third transaction with JMB, following the two initial tranches of debt which were advanced in April and June 2017. JMB has been producing…
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Dash Financial Technologies, the industry’s capital markets technology and execution provider, has just announced the addition of James Doherty as Managing Director, Head of Equity Product, the latest demonstration of the firm’s deepening commitment to performance and innovation in the highly-demanded equity vertical. Mr. Doherty joins Dash following a nearly twenty-year tenure at Credit Suisse,…
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Fantom, the DAG-based smart contract platform for real-time cryptocurrency payments, has just announced a strategic partnership with real estate firm Tosei. Managing approximately $5.5 billion USD in assets, Tosei will benefit from the application of Fantom’s Opera Chain to digitize and transform its services from the tracking of materials to the storing of property ownership…
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LeapRate Exclusive... LeapRate has learned that Divisa Capital, the institutional multi-asset prime brokerage arm of Equiti Group, is planning to soon announce a rebrand of the company to Equiti Capital - essentially dropping the 'Divisa' brand and uniting the company's identity under the 'Equiti' moniker. Currently the parent company Equiti Group operates its institutional business…
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The Financial Markets Authority (FMA) has just issued a warning against a scam company called Oxford Finance Services. Oxford Finance Services Address: 330 Glen Osmond Road, Myrtle Bank SA 5064, Australia Website: www.oxfordfinanceservices.com Phone: +61 8 71303043 Email: [email protected] ; [email protected] Reason for warning: It could be involved in a scam. It is not associated…
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CLS, a market infrastructure group delivering settlement, processing and data solutions, has announced that Thomas Berkery was elected to its Board of Directors as a new Independent (Outside) Director on 16 October 2018 and will sit on the Audit and Finance Committee. Berkery is a senior executive who brings to CLS nearly 40 years of…
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Nasdaq (Nasdaq:NDAQ) has just announced the results of the semi-annual review of the OMX Copenhagen Benchmark Index, (Nasdaq Copenhagen: OMXCB), which will become effective with the market open on Monday, December 3, 2018. Netcompany Group A/S (NETC), PARKEN Sport & Entertainment A/S (PARKEN) and Scandinavian Tobacco Group A/S (STG) will be added to the index.…
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LeapRate Exclusive... LeapRate has learned that CySEC licensed retail forex broker ProbusFX has rebranded as SquaredDirect (at website squareddirect.com). Additionally, the company's legal name has been changed from Aspide Financial Limited to Squared Financial (CY) Limited. This apparently comes as part of the company’s restructuring and pairing up with its sister company, SquaredPro, to form the Squared Financial…
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Tools For Brokers, a provider of fintech solutions for the crypto and forex industry, has announced a change in its corporate visual standards. The change of corporate style is associated primarily with a change in the positioning of the company and its perception in the eyes of customers. Next year, Tools For Brokers will be…
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Data from parent company Euronext NV (EPA:ENX) indicate that Forex ECN FastMatch saw a slowdown in business during Q3, with FastMatch revenues down by 4% from €5.6 million in Q2 to €5.4 million (USD $6.1 million) in Q3-2018. That really shouldn't come as a surprise to LeapRate readers, as we had reported over the past…
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