May 17, 2017 BY LeapRate Staff

FCA regulated Strand Capital Limited enters administration

Strand Capital Limited, an FCA regulated investment management firm, formally entered the Special Administration Regime (SAR) insolvency proceedings on 17 May 2017. Having reached an assessment that it was no longer solvent, Strand made an application to the court to formally initiate insolvency proceedings under SAR. Strand has approximately 3,000 customers. The joint special administrators…

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May 17, 2017 BY LeapRate Staff

CFTC launches New York-based LabCFTC fintech initiative

U.S. financial regulator Commodity Futures Trading Commission (CFTC) has announced the creation of LabCFTC - a new initiative aimed at promoting responsible FinTech innovation to improve the quality, resiliency, and competitiveness of the markets the CFTC oversees. Located in New York, LabCFTC will also look to accelerate CFTC engagement with FinTech and RegTech solutions that…

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May 17, 2017 BY FIBO Group

Pound has hit a wall

Published on 17.05.2017 22:43 The pound has made a late recovery today in the European trading session after jobless numbers hit the market above expectations. The official unemployment rate released today from the UK came in at 4.6 percent, slightly above analysts’ expectations for a figure of 4.7 percent which was slightly undermined by the…

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May 17, 2017 BY admin

Bloomberg launches new RMB Bond suite for global investors

The launch of Bloomberg's RMB Bond Suite is an extension of the company's broader strategic focus on China's fixed income market, following the recent inclusion of Chinese bonds into its global fixed income indices Bloomberg today announced the launch of its new RMB Bond Suite, a set of advanced fixed income investment tools for China's…

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May 17, 2017 BY admin

Jabre Capital selects Broadridge’s trading, portfolio and risk management platform

Broadridge Financial Solutions, Inc. (NYSE: BR) announced that Jabre Capital Partners, a Geneva-based global multi-strategy asset management company, has chosen Broadridge’s integrated trading, portfolio management, and risk management platform to help manage their front, middle and back-office operations. Jabre will deploy Broadridge’s investment operations platform to manage its sophisticated, multi-asset funds. Broadridge’s fully integrated solution…

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May 17, 2017 BY admin

Liquidnet enhances trading platform with acquisition of OTAS Technologies

Addition of trader analytics accelerates firm’s Virtual High Touch offering while also delivering MiFID II solutions tailored for the buy side Liquidnet, the global institutional trading network, today announced its acquisition of OTAS Technologies, a market-leading analytics platform that delivers actionable market intelligence and context directly to institutional traders and portfolio managers. OTAS’s analytics and…

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May 17, 2017 BY admin

Rosenthal Collins Group names Brian Ager President of new institutional FX division

Rosenthal Collins Group LLC (RCG), an independent futures brokerage based in Chicago that specializes in serving Introducing Brokers, institutions, professional traders and individual investors, today announced the appointment of Brian Ager as President of the firm’s new Institutional Forex division in New York. Ager has spent more than three decades in financial services, including more…

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May 17, 2017 BY LeapRate Staff

JFD Brokers launches new Affiliate and IB franchise program and website

CySEC regulated retail forex and CFDs broker JFD Brokers has announced the launch of a new franchise program, where partners can benefit exclusively from JFD’s global brand name, building their own regional office while simultaneously empowering their business. The company’s brand new dedicated partnerships website, recently launched, is a direct way for partners and IBs to…

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