The following article was written by Amram Margalit, content manager at Leverate. Following an unprecedented climb from levels below 7,000 in 2009, the Dow Jones Industrial average recently attained the dizzying height in excess of 26,000 some nine years later. However, since the beginning of 2018, the market has been stuck in a volatile range, with prices…
Read moreLiquidnet, the global institutional trading network, today announced two enhancements to its Next Gen Algo suite, Liquidnet’s premium offering of liquidity-seeking and benchmark strategies designed specifically for institutions. The newest addition to the Liquidnet Virtual High Touch® suite: Targeted Invitations from Algos integrates one of Liquidnet’s most popular liquidity-seeking products with its Next Gen Algo…
Read moreWhile China may be doomed by many as the "not-to-go" place when it comes to cryptocurrencies, because of heavy regulations, the country may be the real king of cryptocurrencies after all. The well-known "heavens" of altcoins are countries such as Singapore, Japan, Estonia and others. All of these countries have embraced a rather friendly and…
Read moreThe Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) has just informed the public that it has today published a consultation paper setting out its proposed framework to regulate spot crypto asset activities, including exchanges, custodians and other intermediaries, to be undertaken in ADGM. The FSRA is proposing a fit-for-purpose regulatory framework…
Read moreIntercontinental Exchange, Inc. (NYSE:ICE), a operator of global exchanges and clearing houses and provider of data and listings services, today announced that ICE Benchmark Administration Limited (IBA) has been authorised as a regulated benchmark administrator under the EU Benchmarks Regulation (BMR). Authorisation was granted by the UK’s Financial Conduct Authority (FCA) on April 27, 2018.…
Read moreACTIV Financial Inc, a financial market data vendor, has just announced that as part of a drive to expand its customer base, it has joined the BT Radianz Cloud, the financial cloud community. The move provides ACTIV with access to a global community of thousands of financial services institutions who consume and distribute applications and…
Read moreMosaic Smart Data (Mosaic), the FICC data analytics company, just announced that Jack Jeffery has joined the company as Chairman of the Board. With over 35 years’ experience in the financial markets, Jack Jeffery has previously held CEO positions at electronic fixed income platform MTS and ICAP Electronic Broking, which included responsibility for Brokertec and…
Read moreFollowing the success of its Novo 1 fund, launched in 2013, BNP Paribas Asset Management (BNPP AM) announced the launch of BNP Paribas Novo 2018, a new business loan fund for institutional investors. The fund has the backing of the FFA and the CDC, and aims to provide new sources of financing to help French…
Read moreFCA regulated online CFD brokerage house CMC Markets Institutional (LON:CMCX) has today announced that it expands multi-asset liquidity offering through PrimeXM’s XCore. The XCore’s innovative technology benefits hundreds of financial institutions by providing them with liquidity through Tier 1 banks, prime brokers and other liquidity sources. CMC Markets is now part of the XCore community.…
Read moreCollective2 (C2), the online trading strategy marketplace that connects investors with independent traders, announced today the public beta release of C2BROKER (C2B). C2BROKER is the first investment platform to offer hedge fund ideas with commission-free trading. At C2BROKER, customers can automatically follow (AutoTrade) any equity or options trading strategies at C2 in their own C2B…
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