February 14, 2017 BY admin

Pragma announces new block trading and pairs capabilities for Pragma360

Pragma, a New York based multi-asset class, quantitative trading technology provider, announced it has added two significant capabilities to Pragma360 Equities, its high performance algorithmic trading service, with the release of conditional orders and Pairs 2.0. Conditional orders are an increasingly popular specialized electronic trading protocol to source large blocks, helping traders ensure they don’t…

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admiral markets etfs
February 14, 2017 BY admin

Admiral Markets announces 26 new EU stock CFDs

EU and FCA regulated broker Admiral Markets has recently expanded the range of instruments in the 'Admiral.Markets' account, by adding 26 new CFDs on the most actively traded European shares which constitute the Euro STOXX 50 index. The offer includes: New trading and investment opportunities with some of the most popular bluechips of the developed…

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Morgan Stanley fine
February 14, 2017 BY LeapRate Staff

Morgan Stanley pays $8 million SEC fine for Inverse ETF recommendations

The U.S. Securities and Exchange Commission has announced that the Morgan Stanley Smith Barney unit of investment bank Morgan Stanley (NYSE:MS) has agreed to pay an $8 million penalty and admit wrongdoing to settle charges related to single inverse ETF investments it recommended to advisory clients. The SEC’s order finds that Morgan Stanley did not…

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February 14, 2017 BY admin

Haier adopts Bloomberg’s Forex trading platform

Haier Finance Co., Ltd today revealed the company has adopted Bloomberg’s Forex electronic trading platform (FXGO) and Multi-Asset Risk System (MARS) for FX trading and risk management. Haier Finance ranks among the top ten finance companies in China and foreign exchange is part of its core business. A subsidiary of leading Chinese home appliance company…

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February 14, 2017 BY admin

Calforex partners with iSignthis for digital KYC service

Calforex, the trading name of Calgary Foreign Exchange Ltd, registered as a Money Service Business in Canada and sister company GoInterpay today announced they have entered an agreement with iSignthis Ltd (ASX: ISX) for digital KYC services. iSignthis will provide Calforex and GoInterpay with their Digital Know Your Customer (KYC) enhanced due diligence solution. Calforex will…

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February 14, 2017 BY admin

Market data cloud firm Xignite hires Mark Rowe as CFO

Xignite, a provider of cloud-based real-time and reference market data to financial services and fintech companies for easy integration with websites, apps, and software, announced today that former Microsoft executive Mark Rowe has joined the company as its Chief Financial Officer (CFO). Reporting to Xignite CEO and Founder, Stephane Dubois, Rowe will oversee the global finance,…

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February 14, 2017 BY Valentina Kirilova

FCA reviews effectiveness of UK primary capital markets

The Financial Conduct Authority (FCA) has today published a Discussion Paper which seeks feedback on how the UK primary capital markets can most effectively meet the needs of issuers and investors. The UK’s primary capital markets support the wider economy by bringing together investors seeking investment opportunities, and issuers wanting to access capital to finance…

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ESMA bond liquidity data
February 14, 2017 BY Valentina Kirilova

ESMA writes to European Commission on MiFID II systematic internalisers operating broker crossing networks

The European Securities and Markets Authority (ESMA) has written to the European Commission to raise its concern over the potential establishment of networks of systematic internalisers (SIs) by investment firms to circumvent certain MIFID II obligations; in particular, the requirements for investment firms operating internal matching systems and executing client orders on a multilateral basis…

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