Broadridge: European accessible assets up 17% to over €3.4 trillion
July 17, 2018 BY Valentina Kirilova

Broadridge: European accessible assets up 17% to over €3.4 trillion

Distribution 360, the latest European study from Broadridge Financial Solutions, Inc. (NYSE:BR), has revealed growing opportunities for asset managers selling in Europe. Despite increased complexity and disruptions in the region’s fund markets, Europe’s pool of accessible assets has reached €3.4 trillion. Broadridge Distribution 360 offers asset managers an independent guide to the European fund landscape,…

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ESMA Chairman targets asset managers for adequacy of liquidity concerns
July 17, 2018 BY LeapRate Staff

IG sets technology partnership with PrimeXM for CFD and FX liquidity

London based online brokerage leader IG Group Holdings plc (LON:IGG) and financial connectivity solutions provider PrimeXM have announced a new strategic collaboration and technology partnership. The parties stated that this partnership will deliver unique capabilities and solutions for traders and institutional clients globally and allows both organizations to expand their unique value proposition and further bolster…

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Japan
July 17, 2018 BY Valentina Kirilova

NEX Data and JBOND launch Japanese yen Repo Index Rate (RIR)

NEX Data, which delivers independent market intelligence and price information for OTC Data, and JBOND, the electronic platform for trading in Japanese Repurchase agreements, announced today that they have launched the JBOND NEX Repo Index to measure the effective cost of funding for Japanese government bonds. The first Japanese repo index, it was launched in…

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LME proposes requirements for the responsible sourcing of metal in listed brands
July 17, 2018 BY Valentina Kirilova

McKay Brothers reduces latency on UK metals data

McKay Brothers International (MBI) announced that it has reduced latency on the select London Metal Exchange (LME) data it redistributes via the wireless Quincy Extreme Data (QED) service. The reduction reflects MBI’s adoption of the new LMEsource multicast feed and the deployment of FPGA feed handlers. The median improvement from these changes is 400 microseconds,…

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Volante Technologies Inc. expands executives team
July 17, 2018 BY Valentina Kirilova

Thomson Reuters and FINBOURNE to develop cloud-based portfolio hosting for investment managers

Information giant Thomson Reuters (NYSE:TRI) has announced a partnership agreement with London-headquartered FINBOURNE Technology to use FINBOURNE’s cloud-based advanced investment management platform, LUSID®, for Thomson Reuters client and transaction data. LUSID is an event-based ledger with published APIs that allow in-house and third-party solutions to interface with portfolios, holdings or transactions. The partnership is designed…

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fca warning
July 17, 2018 BY Valentina Kirilova

FCA warns against Talbot Review Centre 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 Talbot Review Centre. Talbot Review Centre is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…

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PepsiCo Inc. to join the NASDAQ-100 Index
July 17, 2018 BY Valentina Kirilova

PepsiCo Inc. to join the NASDAQ-100 Index

Nasdaq (Nasdaq:NDAQ) has just announced that PepsiCo, Inc. (Nasdaq:PEP), will become a component of the NASDAQ-100 Index® (Nasdaq:NDX) and the NASDAQ-100 Equal Weighted Index (Nasdaq:NDXE) prior to market open on Monday, July 23, 2018. PepsiCo, Inc. will replace DISH Network Corporation (Nasdaq:DISH) in the indexes. PepsiCo, Inc. is headquartered in Purchase, New York, and has…

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