BIS announces key appointments in Singapore and Switzerland
October 02, 2018 BY Valentina Kirilova

SIFMA’s Board of Directors announces newly elected officers

The Board of Directors of Securities Industry and Financial Markets Association (SIFMA) has just announced it has elected the following principal officers to leadership positions on the Board for 2019: Chair: James R. Allen, Chairman & CEO, Hilliard Lyons Chair-Elect: William C. Caccamise, General Counsel of Global Banking, Global Markets, and International, Bank of America…

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Blackstone-Led consortium completes partnership transaction with Thomson Reuters
October 02, 2018 BY Valentina Kirilova

Blackstone-Led consortium completes partnership transaction with Thomson Reuters

A consortium led by Blackstone (NYSE:BX) has announced that private equity funds managed by Blackstone – together with Canada Pension Plan Investment Board (CPPIB) and GIC – have completed the previously announced partnership transaction with information giant Thomson Reuters (NYSE:TRI) for Thomson Reuters’ Financial & Risk (F&R) business. The Blackstone-led consortium now owns 55 percent…

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FXSpotStream forex volumes
October 02, 2018 BY LeapRate Staff

FXSpotStream has best ever month with September FX trading volumes at $31.9B ADV

Multibank FX aggregation service FXSpotStream has reported figures indicating that September 2018 was its busiest month ever, with FX trading coming in at $31.9 billion in average daily volumes. Previous best ever result at FXSpotStream was June’s $30.4 billion ADV. As there were less trading days in September (20) than August (23), total volumes were actually slightly…

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October 01, 2018 BY Mariela Naydenova

Andreessen Horowitz invests in a stablecoin crypto project

Stablecoins are created by governments to decrease the volatility of regular cryptocurrencies by pegging the value of digital coins to either fiat currencies, some commodity such as gold or other cryptocurrencies. There are several kinds of stablecoins, including those directed towards the private sector, called retail ones and those for the state, called wholesale. One…

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October 01, 2018 BY Mariela Naydenova

A Swiss startup is opening a fiat-crypto bank

When it comes to cryptocurrencies, nothing seems impossible any more, especially considering the dominance of blockchain in almost all sectors of human society. Now, a Swiss startup is aiming to create the first fiat-crypto bank, combining the best of both "worlds". Founded and led by ex-UBS financiers, SEBA Crypto AG has raised around $100 million…

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cfi us market high
October 01, 2018 BY LeapRate Staff

Are the US stock market highs justified?

The following article was written by Reem Aboul Hosn, Research and Market Analyst Officer at Credit Financier Invest (CFI) Ltd. The Federal Reserve raised US short-term interest rates for a third time this year and indicated it will drive ahead with plans to tighten policy, even as central bankers face White House pressure for low…

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First Republic Bank joins S&P 500 index, replaces Scana Corporation
October 01, 2018 BY Valentina Kirilova

CME Group and Nasdaq extend Nasdaq-100 futures license through 2029

Derivatives marketplace CME Group and Nasdaq (Nasdaq: NDAQ) have announced a ten-year extension of CME Group's exclusive license to offer futures and options on futures based on the Nasdaq-100 and other Nasdaq indexes, through 2029. We are extremely pleased to extend our exclusive licensing agreement with Nasdaq, said CME Group Chairman and Chief Executive Officer…

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TFX volumes
October 01, 2018 BY Valentina Kirilova

TFX-Click 365 volumes plunge 40% MoM in September

Tokyo Financial Exchange (TFX) has just released its trading volumes report for the month of September. The trading volume of Three-month Euroyen futures was 184,529 ( +142.2% MoM / + 42.5% YoY ) and its average daily volume was 10,252. 項目 September   2018 Trading Volume Daily Average Change on Previous Month Year on Year…

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