January 30, 2018 BY Valentina Kirilova

Finastra buys Geneva-based Bank eFX trading platform provider Olfa Soft

Fintech company Finastra just announced that it has acquired Olfa Soft SA and its FX e-trading platform for banks and financial institutions. The move enables Finastra to deliver a unique end-to-end real-time eFX trading solution for banks’ treasury departments, covering distribution, position-keeping, post-trade and payments. Finastra was formed by the merger last year of rival…

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acquisition
January 30, 2018 BY Valentina Kirilova

West Corporation to acquire Nasdaq’s Public Relations Solutions and Digital Media Services businesses

West Corporation (West) and Nasdaq, Inc. (Nasdaq:NDAQ) jointly announced today that West has entered into a definitive agreement to acquire the public relations (Public Relations Solutions) and webcasting and webhosting (Digital Media Services) products and services within Nasdaq’s Corporate Solutions business for approximately $335 million, subject to adjustments. Public Relations Solutions and Digital Media Services…

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January 30, 2018 BY Valentina Kirilova

Options expands market data connectivity with NYSE Integrated Feed

All major NYSE Group data feeds now available on Options platform Options, the provider of global market data and colocation services for trading firms, has today announced direct access to the NYSE Integrated Feed. The new service will be available to clients leveraging Options’ ultra-low latent connectivity and managed colocation platform in Mahwah, Carteret, NY4…

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January 30, 2018 BY Valentina Kirilova

Exchange Data International joins QuantHouse’s API Ecosystem

QuantHouse, the independent global provider of end-to-end high performance market data and trading through API based technologies, today announced that Exchange Data International (EDI) is the latest provider to join the QuantHouse API Ecosystem. EDI is a provider of fast, accurate, timely and affordable data reference services. EDI’s extensive content includes worldwide equity and fixed…

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Thomson Reuters (NYSE:TRI)
January 30, 2018 BY Valentina Kirilova

Thomson Reuters in advanced talks to sell financial and risk business to Blackstone

Information giant Thomson Reuters (NYSE:TRI) said in a statement issued late on Monday that “it is in advanced discussions with Blackstone regarding a potential partnership in its F&R business.” According to an entry on a website popular with current and former Reuters staff, Thomson Reuters is in advanced discussions with the US private equity buyout firm…

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January 30, 2018 BY Valentina Kirilova

DFM welcomes the listing of Bahrain’s Ithmaar Holding

Dubai Financial Market (DFM) announced the listing of Bahrain’s Ithmaar Holding B.S.C. (Ithmaar), an investment institution in the Kingdom of Bahrain, as trading commenced on the bank’s shares under the trading symbol (ITHMR), which appears on DFM screens, trading system and publications within the Banking Sector. This listing further strengthens the prominent position of DFM…

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Crypto laws vary by jurisdiction – UK lawyer sheds light on local directives
January 30, 2018 BY Mariela Naydenova

The law industry "falling in love" with Bitcoin

A series of industries have been now disrupted by blockchain and Bitcoin. The next in line is none other but the law sector. Many law companies across the world are now accepting Bitcoin as an official payment method for various legal services. The law industry seems to be catching up with the blockchain innovations and…

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