Rod Giffen named President, CQG APAC; Ryan Moroney appointed President, CQG Europe and the Americas CQG, a global provider of high-performance trade routing, market data, and technical analysis tools, informed that it has had a focused effort to add China to its global network of data and execution. With the imminent launch of this initiative,…
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Options, the provider of cloud-enabled managed services to the global capital markets, has today announced the appointment of John Gracey to its executive team. John joins the team as VP, Cybersecurity where he will be responsible for leading internal cybersecurity initiatives and the development of the Options Managed Security solution. Gracey brings over 15 years…
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As copy trading becomes ever more popular, and novice traders continue to follow experienced trading strategies that suit their investment goals, FXTM’s Nikola Grozdanovic asks, what is copy trading all about? Copy trading provides people interested in investing in the financial markets (or ‘investors’) with an avenue to automatically copy forex traders whose strategies are…
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Moscow Exchange (MOEX) announced that today (14 November) FX fixing trading turnover reached USD 510 million or RUB 30.2 billion. Moscow Exchange has offered the USD/RUB and EUR/RUB FX fixing electronic matching service from 4 September 2017. The service is intended to help Russian and international banks with a hedge against the currency risk of…
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The Securities and Futures Commission (SFC) has today released consultation conclusions on proposals to enhance asset management regulation and point-of-sale transparency. The SFC also launched a further consultation on disclosure requirements applicable to discretionary accounts. The SFC will implement the enhancements to the Fund Manager Code of Conduct (FMCC) with certain modifications and clarifications. To…
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Following the introduction of corporate bond futures, Eurex – a part of Deutsche Börse Group – once again acts as first mover in the fixed income derivatives markets. To further support the financial industry in hedging their portfolios, Europe’s leading derivatives exchange launches options on fixed income ETFs. As of November 20, Eurex will offer…
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NEX Group PLC (LON:NXG)’s post trade division NEX Optimisation announced today that it has introduced capital valuation adjustment (KVA) analytics to its triCalculate XVA (Valuation Adjustment) service. KVA calculations determine the lifetime costs of capital as part of the pricing of an OTC derivative. Pricing trades correctly is critical to ensuring accurate credit risk, counterparty…
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The Financial Industry Regulatory Authority (FINRA) has today announced several changes to its advisory committees to increase transparency around the committees and improve their effectiveness as a vehicle for firms to provide input on key issues before FINRA, including on existing and proposed rules. The changes—the first phase of a series of FINRA Board of…
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Thomson Reuters (NYSE:TRI) announced the latest version of ONESOURCE Indirect Tax, the company’s intelligent, end-to-end global tax automation solution. Available in the cloud for simplified deployment and maintenance, the new release offers both shared and dedicated cloud options, addressing the needs of mid-sized businesses and large multinationals alike. The cloud tax solution automates tax calculation…
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ASIC informed that Mr Jin Xi Li, 54, of Caloundra, Queensland, appeared in the Maroochydore Magistrates Court today charged with 88 insider trading related offences. Mr Li was charged under section 1043A of the Corporations Act following an ASIC investigation into trading in Contracts for Difference (CFD) and the ordinary shares of PanAust Limited (PanAust…
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