Nasdaq to acquire eVestment for $705 million LeapRate

September 05, 2017 BY Valentina Kirilova

Nasdaq to acquire eVestment for $705 million

Nasdaq (Nasdaq:NDAQ) announced today that it will acquire eVestment, a content and analytics provider used by asset managers, investment consultants and asset owners to help facilitate institutional investment decisions. The acquisition is expected to deliver attractive shareholder returns with a combination of recurring, predictable revenue, a strong track record of growth and attractive cash flow…

September 05, 2017 BY Valentina Kirilova

Options Group acquires the electronic markets search firm MCL Search Ltd

Options Group, a global executive search and strategic consulting firm, announced its acquisition of MCL Search Ltd, an executive search firm based in London specializing in electronic markets (trading and distribution), prime brokerage/clearing and financial trading technology with a focus on currencies and fixed income. Since 2012, MCL Search has developed an impressive track record…

September 05, 2017 BY Valentina Kirilova

Deutsche Börse Venture Network and High-Tech Gründerfonds enter into cooperation

Deutsche Börse Venture Network and High-Tech Gründerfonds (HTGF) have formalised their existing collaboration by signing a cooperation agreement. The aim of the partnership is to continue linking existing programmes with each other to closely support start-ups throughout their entire funding and growth phase. HTGF is the first point of contact for all matters relating to…

September 05, 2017 BY Valentina Kirilova

CME Group reaches ADV of 16 million contracts in August, up 14% MoM

Derivatives marketplace operator CME Group Inc (NASDAQ:CME) today announced that August 2017 average daily volume (ADV) reached 16 million contracts, up 16 percent compared with August 2016 and up 14% from previous month. CME Group August 2017 options volume averaged 3.1 million contracts per day, up 30 percent versus August 2016, with electronic options averaging 2.2…

September 05, 2017 BY LeapRate Staff

FX sports sponsorship: HotForex backs JTR Racing's Tio Ellinas

Global retail forex and multi-asset broker HotForex has announced that it is sponsoring racing driver Tio Ellinas, as he competes with the JTR racing team at Porsche Carrera Cup Great Britain. HotForex will have its logo prominently displayed on Tio’s race car and suit for the rest of the season. A HotForex spokesperson said: We think…

September 05, 2017 BY Valentina Kirilova

PEGAS starts new Spot Market Index

PEGAS, the pan-European gas trading platform operated by Powernext, announced the introduction of the European Gas Spot Market Index (EGSI)on 5 September responding to the market participants’ needs. The index will cover all liquid gas spot markets operated by PEGAS. Along with the launch of EGSI, PEGAS will also harmonise the use of existing indices…

September 05, 2017 BY LeapRate Staff

Will the strong euro influence the ECB verdict on Thursday?

The following article was written by Ipek Ozkardeskaya, Senior Market Analyst at FCA regulated broker London Capital Group Holdings plc (LON:LCG). The European Central Bank (ECB) will meet on Thursday and is expected to maintain the interest rates unchanged at the historical low levels. The announcement of the plans regarding the Quantitative Easing (QE) program…

September 05, 2017 BY Valentina Kirilova

Hong Kong SFC issues statement on initial coin offerings

The Securities and Futures Commission (SFC) today issued a statement on existing regulations which could be applicable to initial coin offerings (ICOs). Today’s statement explains that depending on the facts and circumstances of an ICO, digital tokens that are offered or sold may be “securities” as defined in the Securities and Futures Ordinance, and accordingly…

September 05, 2017 BY Valentina Kirilova

Nippon Life to settle currency trades in Japan via CLS

CLS Group, a provider of risk mitigation and operational services for the global foreign exchange (FX) market, today announced the first Japanese non-bank financial institution (NBFI) to join the CLS system via third-party access. Nippon Life Insurance Company, Japan’s leading life insurance company in terms of net profit, is now settling FX transactions in CLS…

September 05, 2017 BY Valentina Kirilova

Peer-to-peer lender Assetz Capital receives FCA license

Assetz Capital, one of the UK’s largest Peer-to-Peer platforms, just announced it has received full authorisation from the UK regulator, the Financial Conduct Authority (FCA). The company has lent more than £316 million to businesses nationwide. Following its successful FCA application, Assetz Capital is now in the final stages of completing its work on its…