AcadiaSoft purchases ProtoColl collateral management service LeapRate

February 01, 2017 BY Valentina Kirilova

AcadiaSoft purchases ProtoColl collateral management service

AcadiaSoft, Inc., a provider of margin automation solutions for counterparties engaged in collateral exchange worldwide, just announced it has acquired ProtoColl, an end-to-end collateral and margin management service, from The Depository Trust & Clearing Corporation (DTCC). Terms of the deal were not disclosed. This coming March, thousands of buy-side firms and smaller banks will become…

February 01, 2017 BY Valentina Kirilova

CBOE launches S&P 500 Range-Bound Premium Income Index

Chicago Board Options Exchange (CBOE) announced it has launched the CBOE S&P 500 Range-Bound Premium Income Index (SPRI), which is designed to serve as a benchmark for investors aiming for consistent income distributions while taking the view that short-term equity returns will be range-bound. The CBOE S&P 500 Range-Bound Premium Income Index measures the performance…

TFX-Click 365 volume down 32% MoM in February

February 01, 2017 BY Valentina Kirilova

TFX Click 365 Japan FX volumes continue decline in January

The Tokyo Financial Exchange (TFX) just announced its January volumes and the decline from December continues. The trading volume of Three-month Euroyen futures in January was 125,959 ( - 26.3% MoM / - 56.2% YoY) and its average daily volume was 6,629. The total trading volume of Exchange FX Margin contracts (Click 365) in January…

February 01, 2017 BY LeapRate Staff

LCG announces resignation of non-executive director, Rebecca Fuller

London Capital Group Holdings plc (LON:LCG) has announced that the Company's senior independent non-executive director, Rebecca Fuller, will be leaving the board with effect from February 1, 2017. Charles Poncet, non-executive Chairman, commented: I would like to thank Rebecca for her valuable contribution to London Capital Group over the last couple of years. Her other…

February 01, 2017 BY LeapRate Staff

FastMatch January Forex volumes up 23% MoM to $17.0 billion ADV

Forex ECN FastMatch is reporting that volumes in its system increased by 23% MoM from December, to average $17.0 billion ADV for the month of January. January clearly started off on the right foot for FastMatch and other leading institutional FX platforms, as volatility in key currency pairs remained high throughout most of the month.…

February 01, 2017 BY LeapRate Staff

Hotspot FX begins 2017 with strong $29.6 billion ADV January Forex volumes

With the first month of the year now in the books, it is time to take a look at Forex trading volumes across the various retail and institutional FX trading platforms for January. And, based on early returns, it looks like it was a good start to 2017 in the currency trading world. First out…

February 01, 2017 BY LeapRate Staff

Gain Capital's institutional FX arm GTX sees record ECN volumes at $12.1 billion in January

GTX, the institutional FX arm of retail forex broker Gain Capital Holdings Inc (NYSE:GCAP), has reported that 2017 started off strong with record ECN volumes of $12.1 billion ADV in January. The $12.1 billion topped last November's $10.3 billion figure at GTX. Overall, including GTX's swap dealer business which provides “voice” agency execution services, total…

January 31, 2017 BY Valentina Kirilova

TAG Oil Ltd. to expand oil & gas operations in Australia

International oil and gas production company TAG Oil Ltd. (TSX: TAO and OTCQX: TAOIF) announced that the Company's wholly owned Australian subsidiary, Cypress Petroleum Pty Ltd., has closed the purchase of 100% interest in Petroleum Lease 17 (PL 17) from privately held Southern Cross Petroleum & Exploration Pty Ltd. PL 17 is an oil and…

January 31, 2017 BY LeapRate Staff

Broker in the Cloud? Bricknode CEO Stefan Willebrand explains

LeapRate Exclusive Interview... One of the growth industries in the tech sector the past few years has been 'Cloud Computing' - delivering fully hosted services over the Internet. The Cloud allows companies and individuals to minimize their own investment in hardware and software, while receiving always-on services and always the latest, up to date technology…

January 31, 2017 BY Valentina Kirilova

TSX welcomes health-casual restaurant business company Freshii

Toronto Stock Exchange (TSX:X) just welcomed Freshii Inc. to Canada's leading equities exchange. Freshii, the health-casual restaurant business company, will begin trading on TSX this morning under the symbol TSX:FRII. The unprecedented success of Freshii here in Canada and around the world is a testament to the power of innovative thinking and entrepreneurial spirit. We…