June 05, 2018 BY LeapRate Staff

French PE firm Capzanine buys control of trading platform provider Horizon Software

Paris based private equity firm Capzanine has announced that it has invested in Horizon Software, becoming a majority shareholder alongside Horizon’s CEO, Sylvain Thieullent, and its management team, to support organic and global growth. From its inception in 1998, Horizon has worked with investment banks in the design of its first electronic trading platform. Today,…

Read more
June 05, 2018 BY Valentina Kirilova

NEX Group market volumes increase in May

NEX Group plc (LON:NXG), a financial technology company at the centre of global markets, has just announced its trading statement for the month of May 2018 and the results are finally good. Spot FX results were 21% up MoM. US Treasury’s numbers also rose with 15% MoM. The complete results can be seen in the…

Read more
June 05, 2018 BY Valentina Kirilova

CME Group's volumes continue to go higher in May 2018

Back in the beginning of April, derivatives marketplace CME Group Inc (NASDAQ:CME) has reached an all-time high quarterly average daily volume (ADV) of 22.2 million contracts during first-quarter 2018, up 30% from first-quarter 2017. The numbers continue to increase, as today the company has announced it reached average daily volume (ADV) of 20.1 million contracts…

Read more
June 05, 2018 BY Valentina Kirilova

MOEX FX Market turnover up 3% YoY in May

Moscow Exchange (MOEX) has just released its market report for the month of May 2018. Total trading volume across Moscow Exchange’s markets was RUB 71.1 trln. The key growth drivers were the Bond Market (+39.9%) and Equity Market (+8.3%). Turnover also grew on the FX Market (+3.1%), Derivatives Market (+3.1%) and Money Market (+2.4%). Equity…

Read more
June 05, 2018 BY Valentina Kirilova

ASIC cancels AFS licenses of BBY Advisory and SmarTrader

Australian regulator ASIC has announced that it has cancelled the Australian financial services (AFS) licenses held by SmarTrader Limited (SmarTrader) and BBY Advisory Services Pty Ltd (BBY Advisory), effective from 18 May 2018 and 22 May 2018 respectively. ASIC has also decided to extend the suspension of the AFS license held by BBY Limited (BBY)…

Read more
June 04, 2018 BY LeapRate Staff

SocGen fined $750 million for LIBOR manipulation

The U.S. Commodity Futures Trading Commission (CFTC) has announced that it has issued an Order today filing and settling charges against French banking giant Societe Generale SA (EPA:GLE) for attempted manipulation of and false reporting in connection with the London Interbank Offered Rate (LIBOR) for U.S. Dollar, Yen and Euro, and the Euro Interbank Offered Rate…

Read more
June 04, 2018 BY LeapRate Staff

FXCM selects Ingenico for payment processing solution

Ingenico ePayments, the online and mobile commerce division of Ingenico Group SA (EPA:ING), today announced that Retail FX broker FXCM Group, LLC has selected Ingenico as its payment processing partner, providing customers worldwide with a highly secure and simple platform to deposit and trade foreign exchange (FX). FXCM offers global traders access to the world’s…

Read more