July 13, 2017 BY Valentina Kirilova

NEX Optimisation appoints Paul Busby as Global Head of Sales for ENSO

NEX Optimisation, which helps clients reduce complexity and optimise resources across the transaction lifecycle, announced today that it has appointed Paul Busby as Global Head of Sales for ENSO, its portfolio finance and centralised treasury management solution for the buy-side. Paul Busby will be responsible for expanding sales and strategic partnerships across the US, EMEA…

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July 13, 2017 BY admin

Forex broker Dukascopy discontinues JForex Strategy Converter/Connector

Swiss-based Forex broker and banking provider Dukascopy has announced a trimming of its product offering today. The company stated that due to lack of demand, they have decided to cease the Strategy Converter/Connector functionality from the JForex platform. As such, the indicators and strategies automatically converted by the Strategy Converter/Connector will no longer work with the JForex platform and API:…

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Securities and Exchange Commission proposes Transaction Fee Pilot for NMS Stocks
July 13, 2017 BY Valentina Kirilova

SEC charges research scientist for insider trading

The Securities and Exchange Commission (SEC) announced insider trading charges against a research scientist who allegedly searched the internet for “how sec detect unusual trade” before making a trade that the agency flagged as suspicious through data analysis. The SEC’s complaint alleges that Fei Yan loaded up on stocks and options in advance of two…

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clone firm FCA warning
July 13, 2017 BY Valentina Kirilova

FCA warns against Lending Stream clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Lending Stream. Fraudsters are using the details of firms, authorised by the FCA, to try to convince people that they work for a genuine, authorised firm. Fraudsters are using or giving out the following details as part of their tactics to…

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Quantitative Brokers algo trading
July 12, 2017 BY LeapRate Staff

Algo trading provider Quantitative Brokers raises $24 million from Centana Growth Partners

Quantitative Brokers, an independent, global financial technology company providing advanced algorithms and data-driven analytics to clients in the futures and US cash treasury markets, today announced a $24 million strategic investment from Centana Growth Partners. According to the company, the capital infusion will enable Quantitative Brokers to build on its established foundation as a world leading…

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July 12, 2017 BY Valentina Kirilova

Bats welcomes second Principal fund to the Bats ETF Marketplace

Bats, a CBOE Holdings, Inc. (NASDAQ:CBOE) company announced that has today welcomed a second Principal fund to the Bats ETF Marketplace. The Principal Spectrum Preferred Securities Active ETF (Bats: PREF) seeks to invest at least 80% of its net assets, plus any borrowings for investment purposes, in preferred securities at the time of purchase, normal…

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July 12, 2017 BY Valentina Kirilova

CDS extends agreement with DTCC’s GLEIF-accredited GMEI utility

Canada's national securities depository, clearing and settlement hub extends commitment to helping clients more effectively manage systemic and counterparty risk The Canadian Depository for Securities (CDS), a wholly-owned subsidiary of TMX Group (TSX:X), has today commended The Depository Trust & Clearing Corporation's (DTCC) subsidiary operating the Global Markets Entity Identifier utility (GMEI utility) on receiving…

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