February 13, 2018 BY Valentina Kirilova

Paysafe to offer cross border settlement via Saxo Payments Banking Circle

Payment systems provider Paysafe Group Limited just announced that it has joined Saxo Payments Banking Circle for fast, cost-effective local and cross border settlement. Through membership of Banking Circle, Paysafe has the added ability to offer its clients settlement accounts from Saxo Payments for their card scheme flow. Paysafe provides end-to-end payment solutions for both…

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INTL FCStone opens its know-risk platform to broader market
February 13, 2018 BY Valentina Kirilova

INTL FCStone partners with Allfunds Bank, enhances offshore mutual fund offering

INTL FCStone Inc. (NASDAQ: INTL) today announced that its wholly owned subsidiary, INTL FCStone Financial Inc. ("the Company"), has entered into an agreement with offshore mutual fund distribution platform Allfunds Bank. The relationship further enhances the offerings of the Company's Correspondent Clearing Division, which is now the only U.S.-based clearing firm with access to the…

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Thomson Reuters (NYSE:TRI)
February 13, 2018 BY Valentina Kirilova

Thomson Reuters FX trading volumes hit record levels following MTF launch

Information giant Thomson Reuters (NYSE:TRI) just announced that it has hit a new record in FX trading volumes in January following the successful onboarding of its buy-side clients and liquidity providers onto its enhanced Multilateral Trading Facility (MTF), post-MiFID II implementation. Average daily volumes (ADV) across Thomson Reuters FX platforms totaled $432.1 billion in January 2018,…

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Hotforex HFCopy fx copy trading
February 13, 2018 BY LeapRate Staff

HotForex launches in-house Copy Trading service HFcopy

Global retail forex and multi-asset broker HotForex has announced the launch of HFcopy, a service through which individuals can follow traders’ accounts, essentially copying their trades. Having invested in its in-house specialists and advanced technology to produce a proprietary platform for HFcopy, HotForex announced this powerful internally-developed solution aiming to make trading more accessible to a…

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OANDA teams up with Fields Institute to offer tighter spreads to traders
February 13, 2018 BY Valentina Kirilova

OANDA introduces spreads from 0.5 on key indices

Online multi-asset trading services company OANDA has introduced a new pricing model for several key indices that enables clients to access spreads as low as 0.5 when they trade the Australia 200, UK 100, Germany 30, US NAS 100 and the US Wall St 30. Designed to reduce the cost of trading indices, the new…

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February 13, 2018 BY Valentina Kirilova

HKEX adds long-dated HSI and HSCEI futures and options

Hong Kong Exchanges and Clearing (HKEX) announced today (Tuesday) that it will introduce long-dated contract months for its Hang Seng Index (HSI) and Hang Seng China Enterprises Index (HSCEI) Futures and increase the long-dated contract months for its HSI and HSCEI Options, with maturities up to 5.5 years, from Monday, 5 March 2018 to give…

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February 13, 2018 BY Valentina Kirilova

PSB-Forex offers MetaTrader 5 to traders

PSB-Forex, retail forex brokerage subsidiary of second tier Russian commercial bank Promsvyazbank, just announced that the services of the licensed bank forex dealer are now available for retail clients. Last April, the company became the eight licensee, which received the license of the Central Bank for the rendering of services in the Russian OTC market. A…

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February 13, 2018 BY Valentina Kirilova

NEX launches short code identifier service ISCI for MiFID II reporting

NEX Regulatory Reporting announced today that during the rollout of MiFID II, it successfully launched its short code identifier service the ‘Industry Standard Common Identifier’ (“ISCI”) to help market participants meet their MiFID II requirements while simultaneously protecting the data of individuals. Under MiFID II, market participants are obligated to include the personal data of…

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CLS
February 13, 2018 BY Valentina Kirilova

CLS releases new FX forecast data report tool

CLS, a market infrastructure group delivering settlement, processing and data solutions, just announced that it is releasing a new foreign exchange (FX) forecast data report as part of its comprehensive suite of data products. CLS’s FX Forecast data will provide subscribers with a forward looking view of FX markets on an hourly basis, enabling them…

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