Dubai is yet another "big player" to join the cryptocurrency craze with its launch of its first ever state cryptocurrency - the emCash. According to Arabian Business Magazine, people will be able to pay for various government and non-government services in Dubai with emCash. The name of emCash comes from the the subsidiary of Dubai…
Read more
Multibank FX aggregation service FXSpotStream has announced that it recorded the highest average daily volume as well as overall monthly volume since the service was founded nearly six years ago. The current month's volume exceeds the company's previous volume record set in November 2016, which included the daily volume high of USD $49 billion on US…
Read more
Nasdaq Corporate Solutions, a business of Nasdaq, Inc. (Nasdaq:NDAQ), has announced today that unveils its next generation board portal and team collaboration software, Nasdaq Boardvantage. Nasdaq Boardvantage is available as a web-based, tablet and mobile solution and offers enhanced governance and collaboration solutions for C-suite leadership, board members, corporate secretaries, and other corporate and private…
Read more
Advisory Board includes Toronto Stock Exchange Vice President, Ethereum Co-Founder and Former Yahoo Vice President Enterprise blockchain company Nuco today announced the advisory board for Aion, the first interoperable blockchain network and the framework allowing communication between blockchains. Aion’s 11 advisors bring experience ranging from blockchain, finance, and technology to help guide the company’s mission…
Read more
LeapRate Exclusive... LeapRate has learned that popular currencies research analyst Marshall Gittler has gone live with his new venture, an app-based FX signals provider called ACLS Global. Mr. Gittler's partner in the venture is (less well known) FX trader and analyst Varkuti Geza, who most recently worked with Mr. Gittler at Cyprus based Retail FX…
Read more
Order book turnover on Deutsche Börse cash markets totalled €117.7 billion in September (September 2016: €109.1 billion, August 2017: €116.2 billion). Of the €117.7 billion, €107.3 billion were attributable to Xetra (September 2016: €100.8 billion) and €3.4 billion to Börse Frankfurt (September 2016: €3.3 billion). Order book turnover on Tradegate Exchange totalled €7.0 billion (September…
Read more
Today, REGIS-TR, the European Trade Repository, has launched its services in the Swiss market. It had been recognized in April by the Swiss Financial Market Supervisory Authority (FINMA) as a foreign repository. This service will allow participants to comply with their obligation to report under the Financial Market Infrastructure Act (FMIA), also known under the…
Read more
The Derivatives Service Bureau announced that has launched its real-time International Securities Identification Number (ISIN) creation service today and users can now create OTC derivative ISINs and obtain associated reference data to address regulatory reporting obligations and processing requirements. A year after the initial announcement of the core functionality of the first automated global ISIN-allocation…
Read more
FCA regulated online CFD brokerage house CMC Markets Plc (LON:CMCX) announced that has today launched its native Spread Bet Application Programming Interface (API). This gives other institutions the ability to quote a ‘pounds per point’ price on any Index, Commodity, Treasury or Forex instrument that CMC offers, in a seamless manner. CMC first offered institutions…
Read more
Online gaming and financial trading systems provider Playtech PLC (LON:PTEC) has announced that it has closed its previously announced acquisition of market maker ACM Group Limited (Alpha). The deal was completed as a sale of assets from ACM. In August Playtech revealed its agreement to acquire the fast-growing privately held Alpha, in a structured transaction…
Read more