Moment of Truth: ESMA now requires the online publication of RTS27 and RTS28 reports
September 27, 2018 BY Valentina Kirilova

ESMA to publish new data completeness indicators for trading venues

The European Securities and Markets Authority (ESMA) has today announced details of two new data completeness indicators for trading venues detailing the delivery of double volume cap (DVC) and bond liquidity data. The two indicators – the Completeness Ratio and the Completeness Shortfall – will assist trading venues in delivering complete and accurate data on…

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brokeree mt4 mt5 solutions
September 27, 2018 BY LeapRate Staff

Brokeree Solutions introduces customizable packages for MetaTrader brokers

Estonia based Brokeree Solutions, which provides high-grade technology solutions for brokers, has announced that it has introduced customizable packages for MetaTrader 4 and 5 forex brokers. MetaTrader brokers who plan a bulk procurement of cutting-edge technology and want to stay on track with current tech trends can now purchase solution packages from Brokeree Solutions and…

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fca warning
September 27, 2018 BY Valentina Kirilova

FCA warns against Crypto Options Trader firm

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 Crypto Options Trader. Crypto Options Trader is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…

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Thomson Reuters and Moody’s Analytics partner on IFRS9 SPPI solution
September 27, 2018 BY Valentina Kirilova

Thomson Reuters and Moody’s Analytics partner on IFRS9 SPPI solution

Information giant Thomson Reuters (NYSE:TRI) has announced that it has partnered with Moody’s Analytics, a provider of financial intelligence and analytics, to offer a classification solution for conducting the Solely for Payment of Principal and Interest (SPPI) tests required under the IFRS9 accounting standard. The solution allows fixed-income investors to automate SPPI tests for securities…

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Blackstone office
September 27, 2018 BY LeapRate Staff

FXall may be on the block again - for $3 billion?

Bloomberg is reporting that Blackstone Group LP (NYSE:BX) is considering a sale of institutional Forex ECN FXall. And, that the business could fetch more than $3 billion. That certainly seems like a very big number, given that FXall was acquired in July 2012 for $625 million - roughly a fifth of the current proposed price.…

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DTCC - new additions to the Board
September 27, 2018 BY Valentina Kirilova

DTCC teams up with Symphony to expand exception management platform

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure provider for the global financial services industry, has announced it has signed an agreement with Symphony that significantly expands communication and collaboration capabilities within the DTCC Exception Manager (DXM) service. Symphony is a messaging and collaboration platform used by many of the world’s…

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September 27, 2018 BY LeapRate Staff

Peter Hetherington resigns as CEO of IG Group

UK online trading leader IG Group Holdings plc (LON:IGG) has announced that CEO Peter Hetherington is stepping down both from his management role and the Board, effective immediately. The company said it is "well advanced" in its search for a new CEO, with IG Group CFO Paul Mainwaring assuming the Interim CEO title in the…

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September 26, 2018 BY Mariela Naydenova

Porsche is going big on blockchain and AI

Porsche, one of the world's most luxurious car brands, recently announced that it plans to make some "heavy" investments in the blockchain and AI industry. The 5-year investment plan is for $176 million, which will go towards companies whose major focus either blockchain or artificial intelligence. According to the press release, the German automobile maker…

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