Nasdaq announces new leadership within fixed income and post-trade in the Nordics and Baltics LeapRate

Nasdaq Copenhagen Improves Small Cap Market Access For Non-Nordic Trading Members

February 16, 2017 BY Valentina Kirilova

Nasdaq announces new leadership within fixed income and post-trade in the Nordics and Baltics

Nasdaq (Nasdaq: NDAQ) announced changes in the leadership within its Nordic and Baltic Fixed Income and Post-trade offerings. Fredrik Ekström, currently VP and president of Nasdaq Clearing, will assume the responsibility for Nasdaq Nordic Fixed Income and Nasdaq Clearing. Fredrik has also been suggested for the position as new Chairman of the Board of Directors…

February 16, 2017 BY Valentina Kirilova

BOJ Governor Kuroda warns low rates may start a new financial crisis

Bank of Japan Governor Haruhiko Kuroda said low profitability at financial institutions could start a new financial crisis, offering his strongest warning to date of the demerits of aggressive monetary easing pursued by major central banks, Business Insider reported earlier today. Mergers and consolidation may be among options for financial institutions to boost profitability, Kuroda…

February 16, 2017 BY Valentina Kirilova

Ryanair lists €750m bond on the Irish Stock Exchange

Ryanair Holdings Plc (LON:RYA) announced that has listed a €750 million bond on the Irish Stock Exchange (ISE). The bond, due 2023, has a fixed coupon rate of 1.125% and is listed on the Main Securities Market (MSM). The listing is the third in a series of debt issuances from Ryanair’s €3 billion Euro Medium…

February 16, 2017 BY Valentina Kirilova

ICBC Asia adopts Thomson Reuters FXall and Electronic Trading

After being the first Chinese bank to stream spot CNH price during Asian time zone, ICBC (Asia) is now the first Chinese bank to initiate a 24 hour price streaming on information giant Thomson Reuters Corp (NYSE:TRI) platform FXall via Electronic Trading (ET). The move supports increasing demand from clients of ICBC (Asia) to price…

February 16, 2017 BY Valentina Kirilova

Deutsche Boerse CEO Carsten Kengeter denies insider trading allegations

Deutsche Boerse's CEO Carsten Kengeter shared that insider trading allegations against him would prove unfounded, pointing out that he did not determine the timing of his share purchases ahead of the announcement of merger plans with the London Stock Exchange (LSE), Reuters reported earlier today. Deutsche Boerse's supervisory board created a unique share purchase plan for…

February 16, 2017 BY Valentina Kirilova

Hong Kong SFC adds Ashton Cole Global to its alert list

Hong Kong’s financial regulator the Securities and Futures Commission (SFC) has updated its Alert List, which features the names of businesses that are unlicensed in Hong Kong and are believed to be, or to have been, targeting Hong Kong investors or claim to have an association with Hong Kong. Added to the SFC Alert List…

February 16, 2017 BY LeapRate Staff

Institutional FX liquidity provider PositivaFX launching Retail Forex brokerage - LeapRate Exclusive

LeapRate Exclusive... LeapRate has learned that CySEC regulated institutional FX firm PositivaFX (CY) Ltd is making preparations to launch a separate Retail Forex brokerage operation. PositivaFX, based in Limassol, Cyprus and founded in 2014 by CEO George Stylianou (pictured at right) and COO Kaiming Liu, has grown into a fairly successful institutional FX shop, serving mainly small to…

February 16, 2017 BY Valentina Kirilova

triResolve Margin signs over 60 clients in anticipation of the variation margin rules

TriOptima, a NEX Group (LON:NXG) business which lowers costs and mitigates risk in OTC derivatives markets, just announced that over 60 clients have adopted its triResolve Margin service in anticipation of the new variation margin regulations effective 1 March 2017. These institutions include dealers, buy-side and corporate clients such as Mizuho Bank, Ltd., Sampo plc,…

February 16, 2017 BY Valentina Kirilova

SGX welcomes Pacific Star Development Limited to Catalist

Singapore Exchange (SGX) today welcomed Pacific Star Development Limited to Catalist under the stock code 1C5. Pacific Star Development Limited is a Singapore-based premier property developer of award-winning mixed-used projects and prime residential developments in key gateway cities across ASEAN countries. Its projects on hand include Puteri Cove Residences and Quayside in Iskandar Malaysia, and…

February 16, 2017 BY Valentina Kirilova

HKEX to introduce its first RMB currency options in March

Hong Kong Exchanges and Clearing Limited (HKEX) just announced that will introduce its planned Renminbi (RMB) Currency Options on Monday, 20 March 2017. The US dollar-Offshore RMB (USD/CNH) Options will be the first currency options traded at HKEX. The eight contract months on the launch day will comprise April, May, June, July, September and December…