Moscow Exchange (MOEX) just announced that Rosneft and Alrosa have become the first ever corporates to obtain direct market access (DMA) and trade on Moscow Exchange's FX Market. From 16 January 2017, Russian legal entities not qualified as credit institutions or professional market participants have been eligible to operate on the currency market on the…
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TMX Group Limited (TSX: X) today announced March 2017 trading statistics for its marketplaces – Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange (Alpha), Montréal Exchange (MX) and NGX. MX achieved another open interest record for Options on Three-Month Canadian Bankers' Acceptance Futures (OBX) of 315,645 contracts on March 7, 2017 (315,410 contracts on…
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Financial innovation firm R3, five of its members and financial resource management specialist HQLAᵡ have built a collateral lending solution for liquidity transfers on R3’s Corda distributed ledger platform. Project participants CIBC, Commerzbank, Credit Suisse, ING, UBS and HQLAᵡ collaborated with R3 to develop an operating model for a digital collateral receipt (DCR) lending marketplace.…
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Binary options platform provider and operator TechFinancials Inc (LON:TECH) today announced its results for the year ended 31 December 2016. The financial highlights are: Revenue increased by 57% to US$21.3 million (2015: US$13.6 million) Core software licensing revenue increased by 22% to US$10.4 million (2015: US$8.6 million) Trading platform revenues increased by 117% to US$10.9…
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ASIC has cancelled the Australian Financial Services (AFS) licence of Parramatta-based company Rural & General Insurance Broking Pty Limited (RGIB) for failing to comply with their legal obligations and licence conditions. In particular, ASIC has found that RGIB failed to lodge annual financial statements and auditor's reports for the financial years ending 30 June 2014…
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CySEC regulated forex and CFD broker FX Central Clearing Ltd (FXCC) has launched a new website design today in efforts to always be in line with new trends and the needs of their clients. The new and refreshed website enables traders to enjoy easier navigation with a homepage with one access point explaining all services…
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Axioma, a provider of enterprise market risk and portfolio analytics solutions, has extended its relationship with Quoniam, a quantitative asset management firm headquartered in Frankfurt, with more than €26 bn in assets under management. Now with the implementation of Axioma Risk, Quoniam will be able to improve the quality of their daily risk reporting across…
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New relationship will promote VBP+ Canadian cattle via web-based platform AgriClear, North America's online transaction and payment platform for cattle buyers and sellers, just announced it is entering into a collaborative marketing agreement with Verified Beef Production Plus (VBP+), a national, industry-led program providing verification of Canadian beef production practices at the farm, ranch and…
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The Board of Directors of SIX has selected Sabir Sheikh to head up issuer regulation and Jared Bibler to be in charge of trading supervision at SIX Exchange Regulation. The Swiss Financial Market Supervisory Authority (FINMA) has approved the selection. This means that the Management Committee of SIX Exchange Regulation, led by Corinne Riguzzi, is…
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LeapRate Exclusive... LeapRate has learned via regulatory filings in the UK that FCA regulated brokerage and platform white label group FINSA Europe Ltd has had a very successful 2016, growing Revenues by 60% to £8.0 million for the year, versus just under £5.0 million in 2015. FINSA Europe operates its own spread betting and CFDs…
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