LCH clearing house announced today that its LCH SwapAgent service will supply risk calculation data to the AcadiaSoft Hub following the planned launch of LCH SwapAgent in H1 2017. Connecting LCH SwapAgent to the AcadiaSoft Hub will further streamline the margining process for the banks already using The Hub to comply with the non-cleared margin rules,…
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Multi asset platform developer PFSOFT has recently integrated with the prime broker Maybank Kim Eng Securities. The integration allows any mutual client of PFSOFT and Maybank Kim Eng’s prime services to access global equity and derivative markets using Protrader solutions. Andrew Gee, Head of Institutional Sales for Prime Services in London at Maybank Kim Eng,…
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FCA-authorised UK Bond Network, the alternative finance provider that specialises in structuring and distributing investment opportunities in secured corporate bonds, has moved a step closer to offering a tax-efficient individual savings account (ISA), having been authorised as an ISA manager by HMRC. Announced in George Osborne’s 2015 Budget and launched last April, the Innovative Finance…
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BGC Brokers L.P. a subsidiary of BGC Partners, Inc. group (NASDAQ: BGCP), announced that it is collaborating with Pirum Systems, the company, specializing in connectivity and real-time straight-through processing (STP) to the securities finance industry, to launch BGC's latest offering ColleX and improve post-trade efficiency for clients. ColleX provides clients a platform for collateral trading. Specifically,…
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This article is written by Natallia Hunik, Global Head of Sales at Fortex Inc. Trading via a VPS has become very popular in the retail FX community over the last several years. This article aims to provide a summary of the product and its most common uses, as well as to give a general overview…
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Since the start of the year, over 3,000 new structured products have been listed in Vienna Stock Exchange’s market segment “structured products.at”. Most of the new securities added to trading were issued by Raiffeisen Centrobank AG and around 100 by Erste Group Bank AG. A wide range of products – which include turbo certificates, (plain…
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The Securities and Futures Commission (SFC) has reprimanded Value Partners Limited (VPL) and Value Partners Hong Kong Limited (VPHKL) (collectively, Value Partners), and fined them $2 million respectively for failures to comply with the regulatory requirements in managing two SFC-authorized funds. The SFC found that the two funds, namely, Value Partners China Greenchip Fund Limited…
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The British Columbia Securities Commission (BCSC) released an online survey, published a new tech industry webpage, and announced a dedicated Tech Team as a part of its ongoing outreach aimed at BC fintech and tech companies as well as other stakeholders active in these sectors. The BCSC supports innovation and the adoption of new technologies…
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The U.S. Commodity Futures Trading Commission (CFTC) announced that it is extending the comment period for the supplemental proposal for Regulation Automated Trading (Regulation AT) to May 1, 2017. The CFTC shared that it recognizes the broad range of topics addressed in the supplemental proposal and the number of questions within it. Notice of this…
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Bitcoin exchange Gatecoin just announced that has resumed its BTCEUR market following the re-establishment of our Euro SEPA bank accounts in Europe. The transfer costs can be seen it the table below for details on charges for Euro SEPA and Euro international transfers: All Euro SEPA transfers will be processed within 1–2 business days.
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