Euronext and LCH enter into definitive agreements for derivatives clearing LeapRate

November 01, 2017 BY Valentina Kirilova

Euronext and LCH enter into definitive agreements for derivatives clearing

Euronext, the pan-European exchange in the Eurozone, announces the signing of the renewal of its agreement with LCH SA on the continued provision of derivatives and commodities clearing services for a period of 10 years. This follows the announcement of 8 August 2017. The new long-term agreement covers the clearing of financial and commodity derivatives…

November 01, 2017 BY Valentina Kirilova

QuantFEED and QuantLINK available to Virtu Financial’s disclosed SI platform

QuantHouse, the independent global provider of end-to-end high performance market data and trading through API based technologies, today announced the availability of QuantFEED and QuantLINK to Virtu Financial (NASDAQ:VIRT)’s disclosed Systematic Internaliser (SI) platform enabling clients to access Virtu’s liquidity under MiFID II’s transparent SI regime. Virtu Financial is one of the largest electronic market…

November 01, 2017 BY LeapRate Staff

Saxo Bank launches quant and risk tools unit with new hires from Danske Markets

Copenhagen based multi asset broker Saxo Bank has announced that Jesper Andreasen and Hans-Jørgen Terp Flyger will be joining the company, and setting up a new quant unit with the responsibility to drive and manage the development of new state-of-the-art risk tools. The new tools will support Saxo Bank’s internal risk functions and will also…

November 01, 2017 BY Valentina Kirilova

Ex-Credit Suisse Chief Digital Officer launches investment platform TEND

TEND, a blockchain-powered platform for life-enriching investments, was launched today by former Credit Suisse Chief Digital Officer Marco Abele. Featuring former UBS and SAP Group CIO Oliver Bussmann as a Strategic Advisor, the Ethereum-based project will enable a new paradigm of shared ownership of unique assets with both meaning and financial value. Using TEND, small…

November 01, 2017 BY Valentina Kirilova

DGCX volumes grow in currencies and stock futures in October

The month of October opened on a volatile note with geo-political tensions in Europe, the US, and Asia, which led investors and traders to increasingly turn to derivative instruments to hedge and mitigate the impact of volatility. The Dubai Gold & Commodities Exchange (DGCX) witnessed increased trading volumes in its G6 currencies and Indian SSF…

November 01, 2017 BY Valentina Kirilova

HKEX adds long-dated contract months for Futures and Options

Hong Kong Exchanges and Clearing (HKEX) announced today (Wednesday) 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, on Monday, 4 December 2017. HSI Futures,…

November 01, 2017 BY Valentina Kirilova

Cboe Europe Equities ready to go for MiFID II

Cboe Global Markets, Inc. (Nasdaq: CBOE) today announced its exchange, Cboe Europe Equities (Cboe), formerly known as Bats Europe, had completed its operational preparations having successfully rolled out its final MiFID II exchange software release. Cboe Europe Equities is the largest stock exchange in Europe by value traded. The software release, deployed on Friday, 27…

November 01, 2017 BY Valentina Kirilova

South Africa online stockbroker GT247.com launches MetaTrader 5

Forex trading platform developer MetaQuotes just announced that South Africa's online stockbroker GT247.com has replaced its ageing legacy trading platforms with MetaTrader 5. GT247.com launched the first version of their own platform back in 2001. The company was the lowest cost online retail broker for traders and the pioneer of CFD trading in the region,…

November 01, 2017 BY LeapRate Staff

Exclusive: Andrew Edwards out as CEO of FX broker ETX Capital

LeapRate Exclusive... LeapRate has learned that the longtime CEO of London-based FX, CFDs and spreadbetting broker ETX Capital, Andrew Edwards (pictured above), has resigned. We also understand that Mr. Edwards has left ETX to take a similar job at a rival firm, which will be unveiled shortly. Replacing Mr. Edwards as CEO of ETX Capital,…

Securities and Exchange Commission proposes Transaction Fee Pilot for NMS Stocks

November 01, 2017 BY Valentina Kirilova

Millennium settles charges of illegal short selling in advance of stock offerings

Investment advisory firm Millennium Management LLC has agreed to pay more than $630,000 to settle charges that it shorted U.S. stocks in companies planning follow-on offerings and then illegally bought shares in the follow-on offerings, the U.S. Securities and Exchange Commission (SEC) informed earlier. An SEC investigation found that Millennium violated an anti-manipulation provision of…