Information giant Thomson Reuters (NYSE: TRI) has just finalized its planned uses of proceeds from the recently completed sale of a 55% interest in its Financial & Risk (F&R) business. The company also announced that its Board of Directors approved an US$0.02 annualized dividend increase to US$1.40 per share. As previously disclosed, the company is…
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Solactive has just announced the appointment of Svend Gerhards as Head of Compliance who started on the 4th of October. In this new role, Gerhards, formerly Vice President at Deutsche Bank, will assume responsibility for Solactive’s compliance function. Christian Vollmuth, Chief Risk Officer at Solactive AG, commented: The European Benchmarks Regulation introduces a sweeping regime…
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Duco, the enterprise software as a service (SaaS) company has just announced an agreement with Societe Generale, the French bank and global provider of financial services to deploy Duco’s platform across the group as one of its primary reconciliation and data control systems. Societe Generale will use Duco’s innovative platform to automate key reconciliation processes…
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FX brokerage group GAIN Capital Holdings Inc. (NYSE:GCAP), which operates the FOREX.com and City Index Retail Forex brands, has announced that it commenced a "modified Dutch auction" tender offer to purchase up to $50 million of shares of its common stock, or such lesser number of shares of its common stock as are properly tendered and not properly…
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Gil Mandelzis is coming home, doing a deal with his old employer NEX / Traiana. NEX Optimisation (formerly Traiana), which helps clients reduce complexity and optimise resources across the transaction lifecycle, and Mandelzis' Capitolis, a pioneering technology provider for the capital markets, have just announced they will collaborate in a partnership to provide immediate access…
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Quanta Chain, a public blockchain infrastructure has launched to unlock instant liquidity for millions of tokens, and address the poor scalability potential of existing blockchains. This release precedes Quanta DEX, the first truly de-centralized exchange, creating a fast, truly trustless asset exchange for real time trading. Quanta Chain, the public blockchain infrastructure 15x times faster…
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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 Digital Worldwide OU t/a Royal CFDs. Digital Worldwide is not authorised by the FCA but has been targeting people in the UK and is also carrying…
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Online retailer listed in Prime Standard since today Today's listing of the Westwing Group AG (ISIN: DE000A2N4H07) is the 16th IPO on the Frankfurt Stock Exchange this year, Deutsche Boerse announced earlier today. The shares of the online retailer were listed in the Prime Standard segment and started trading at 26.49 Euro. The issue price…
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CLS Group (CLS), the market infrastructure provider of risk mitigation services to the global FX market, has just announced that it has hired Margaret Law as Head of Client Management APAC. Margaret Law will be based in Hong Kong and will report to Joe Ziccarelli, Global Head of Sales. She will be responsible for continuing…
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Itiviti, the global provider of multi-asset trading technology and financial infrastructure, has just introduced Itiviti FX, a comprehensive foreign exchange trading solution built for today's dynamic FX market landscape and designed for compliance with the latest regulatory requirements including MiFID II. Using a modular, app-based architecture Itiviti FX combines rich out-of-the-box FX trading capabilities with…
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