The NEO Exchange has just announced that, following the completed transaction between BC Partners and Marret Resources Corp., Mount Logan Capital Inc. (“Mount Logan”) has made its public markets debut today on NEO. Mount Logan is the first financial services company to list on NEO and represents an innovative financial structure with strategic investments in…
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Eurex Clearing has announced that it plans to expand its Partnership Program to cover the repo and OTC foreign exchange (OTC FX) segments. The design of the program extension is complementary to the OTC interest rate derivatives segment, which started in January 2018. As part of its partnership program Eurex Clearing shares governance and economics…
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FX brokerage group GAIN Capital Holdings Inc (NYSE:GCAP) has reported its financial results for Q3-2018, indicating a healthy rise in Revenues and profitability during the third quarter of 2018, despite a dropoff in trading volumes and the sale of the company's GTX institutional division. Overall for Q3, Revenues at GAIN Capital came in at $95.5 million,…
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Payments services and technologies provider SafeCharge International Group Ltd (LON:SCH) has announced that it has partnered with World Duty Free at London Heathrow Airport, enabling Chinese travelers to conveniently pay for their goods using WeChat Pay, a widely adopted e-wallet payment solution in China. World Duty Free now relies on SafeCharge’s new mobile POS application, a solution for…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Consero Capital Investments Limited. Fraudsters are using the details of firms, authorised by the FCA, to try to convince people that they work for a genuine, authorised firm. Fraudsters are using or giving out the following details as part of their…
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Derivatives marketplace CME Group (NASDAQ:CME) has today released its results for the third quarter of 2018 with a revenue of $904 million and operating income of $550 million. Net income was $412 million and diluted earnings per share were $1.21, up from $0.91 in third-quarter 2017. On an adjusted basis, net income was $495 million…
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Deutsche Bundesbank and Deutsche Börse have just announced that they have successfully completed the performance tests of their jointly specified prototypes for securities settlement based on blockchain technology. The prototypes support the settlement of securities transactions, payments, interest payments and repayments at the maturity of a bond. It was developed on both Hyperledger Fabric (version…
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UK financial regulator Financial Conduct Authority (FCA) has issued its latest warning against an unregulated financial services provider targeting UK consumers. The FCA’s latest warning is against the company TRSystem t/a CFDS100. TRSystem t/a CFDS100 is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…
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The forex broker FXOpen has just announced that it has offered their clients access to ECN trading and interbank liquidity via MetaQuotes Software's new platform. This is the company's next strategic step of continuous investment in trading technology. FXOpen launched the brokerage service back in 2005. Currently, the company hosts and serves more than 200,000…
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AxiomSL, the provider of regulatory reporting and risk management solutions, has announced that it has partnered with SKS Unternehmensberatung, an implementation provider of regulatory, risk and compliance management systems in Germany. The new partnership will enable AxiomSL to further expand their presence in Germany, Austria and Luxembourg by leveraging SKS’s well established consultancy expertise and…
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