Mizuho Bank makes smartTrade its core technology provider for their FX platform
January 19, 2017 BY Valentina Kirilova

Mizuho Bank adopts Thomson Reuters FX Trading

Japanese bank Mizuho has integrated business information giant Thomson Reuters Corp (NYSE:TRI) next generation FX desktop, FX Trading (FXT), into their trading workflows. FX Trading brings together all of Thomson Reuters FX transaction venues onto a comprehensive end-to-end platform to streamline workflows and create a single point of access to the industry’s largest collective independent…

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fma warns against unregulated company
January 19, 2017 BY Valentina Kirilova

Belize regulator IFSC warns on Flexible Funds Int'l firm

The International Financial Services Commission of Belize (IFSC) has notified that an entity calling itself Flexible Funds Int'l of 375 7th Ave, New York, NY 10001, United States, is falsely and fraudulently claiming to be certified by the International Financial Services Commission of Belize. IFSC confirmed that Flexible Funds Int'l is not certified/licenced by the…

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china yuan
January 19, 2017 BY Valentina Kirilova

China SAFE December data: continued capital outflows as Yuan fell

China's foreign exchange regulator commented earlier today that the country's forex reserves were ample and it has plans to deal with cross-border capital flows, even as bank forex sales in December climbed to their highest in nearly a year. According to Reuters, State Administration of Foreign Exchange (SAFE) spokeswoman Wang Chunying's exact words were: In the future,…

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January 18, 2017 BY LeapRate Staff

Eze Software caps successful 2016 with 75% increase in clients

Eze Software, a provider of global investment technology to support the front, middle and back office, announced some metrics from its 2016 year indicating rapid growth across its product lines within the Eze Software Investment Suite As integration between order management, execution management, portfolio and investor accounting, and compliance progressed, investment managers across the investment landscape…

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January 18, 2017 BY LeapRate Staff

Marketing agency MDC Partners hit with $1.5M SEC fine for not disclosing CEO perks

The U.S. Securities and Exchange Commission today announced that New York-based marketing company MDC Partners Inc (NASDAQ:MDCA) has agreed to pay a $1.5 million penalty to settle charges that it failed to disclose certain perks enjoyed by its then-CEO and separately violated non-GAAP financial measure disclosure rules. The SEC’s order finds that MDC Partners disclosed…

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Broadridge Financial Solutions Inc. (NYSE:BR)
January 18, 2017 BY LeapRate Staff

Broadridge promotes Frieda Lewis to Chief Commercial Diversity Officer

Financial technology provider Broadridge Financial Solutions, Inc. (NYSE:BR) has announced it has promoted Frieda Lewis to the position of Chief Commercial Diversity Officer. Lewis will focus on advancing the company’s diversity and inclusion efforts by developing and executing a strategy that enables Broadridge to better understand and serve its diverse, global marketplace. “The future of…

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ESMA bond liquidity data
January 18, 2017 BY Valentina Kirilova

EBA and ESMA call to clarify margin requirements between CRR and EMIR

The European Banking Authority (EBA) and the European Securities and Markets Authority (ESMA) published today their joint report on the functioning of the Capital Requirements Regulation (EU) No 575/2013 (CRR) with the European Market Infrastructure Regulation (EU) No 648/2012 (EMIR). The report calls for the requirements for credit, market, and counterparty credit risk in the…

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