Retail forex broker FXCM, a unit of Global Brokerage Inc (NASDAQ:GLBR), has announced that it has closed as expected the sale of its institutional FX ECN unit FastMatch to Euronext NV (EPA:ENX). The original agreement was reported at the end of May, when Euronext agreed to buy FastMatch for $153 million. FastMatch was jointly owned by FXCM, and…
Read more
The Financial Industry Regulatory Authority (FINRA) just announced that it has expelled New York-based Hallmark Investments, Inc. and barred its Chief Executive Officer, Steven G. Dash, in connection with a scheme to sell shares of stock to customers at fraudulently inflated prices. FINRA also suspended Hallmark representative Stephen P. Zipkin for two years and required…
Read more
Enables financial professionals to access, share and integrate Dow Jones’s premium news and analysis directly into their workflows Dow Jones has announced the launch of a revamped news app on Symphony, the secure collaboration and workflow platform, which gives Symphony users access to premium news and analysis from across the Dow Jones global network. The…
Read more
Market analysis company ChineseInvestors.com, Inc (OTCMKTS:CIIX) today announced the launch of its cryptocurrency education and trading subscription service on Chinesefn.com, the Company's dynamic financial website that provides real-time market commentary, analysis, and educational related services to Chinese-speaking investors. The new subscription service will cover timely news and will provide analysis regarding all aspects of the emerging…
Read more
LCH Limited, a global clearing house, announced today that it has introduced a new type of client account within its SwapClear service. The account allows buy-side clients to deliver collateral directly to the clearing house and to retain beneficial title to it. Segregation at an International Central Securities Depository (ICSD) ensures that such securities collateral…
Read more
Following the recent leveraged products marketing ban in France, CySEC regulated retail forex and CFDs broker JFD Brokers has announced the launch of a new website for its French clients, offering a tailored solution for the French market. JFD Brokers will execute all its orders from France based clients via a Multi-lateral Trading Facility (MTF).…
Read more
Oracle today announced that it is gaining customer momentum across the industry’s most comprehensive cloud business. In FY17, Oracle Cloud Platform revenues were up 60 percent from FY16 to $1.4 billion. Organizations including Advanced Drainage Systems, ARRIS, Australian Finance Group, Benchmark, Detroit Water and Sewerage, Immofinanz AG, Malmo stad, Marz Systems, Mebrom, Nuvias Group, Pernod…
Read more
Mortgage Guaranty Insurance Corporation (MGIC), the mortgage insurer, announced today the availability of mortgage insurance through WEI Technology LLC's loan origination system (LOS), LendingPad. Through the MISMO-based integration, originators utilizing the LendingPad LOS can order MGIC rate quotes and delegated mortgage insurance without leaving the platform. This automation of data exchange helps improve the loan…
Read more
Commcise, the provider of integrated commission management and research evaluation solutions for investment management firms, today announced the successful implementation of CommciseBUY at Pictet Asset Management (Pictet AM) who manage over EUR150bn in a range of asset classes globally. Implemented globally, the Commcise solution enables Pictet AM portfolio managers, analysts and management to evaluate broker…
Read more
Neptune, the Fixed Income network for real-time “axe” indications, today announced the addition of MUFG to its network. MUFG becomes the 25th participating bank on the network and the 3rd to join in as many weeks. The Neptune network provides a venue for investors to consume bond axes/inventory data from their most trusted Bank counterparts.…
Read more