December 12, 2016 BY LeapRate Staff

Fiserv acquires eBanking tech provider Online Banking Solutions

Fiserv Inc (NASDAQ:FISV), a leading global provider of financial services technology solutions, has announced that it has entered into a definitive agreement to acquire Atlanta-based Online Banking Solutions, Inc. (OBS). Through this acquisition, Fiserv will gain additional cash management and digital business banking capabilities, which complement and enrich its existing solutions. The transaction is expected…

Read more
December 12, 2016 BY admin

QT Info Systems adds options functionality with CityTrader from OptionsCity

OptionsCity Software, a global provider of electronic trading solutions for professional futures and options traders, today announced that QT Info Systems, a Chicago-based market data vendor, is integrating CityTrader into its premium QT Market Center Pro front-end to help meet customer demand for advanced options functionality. Daniel Rooney, Head of Global Sales for OptionsCity said:…

Read more
December 12, 2016 BY admin

Warsaw Stock Exchange November Forex futures volume jumps 61% MoM

Today the Warsaw Stock Exchange (GPW), the biggest securities exchange in Central and Eastern Europe reported monthly metrics for November 2016…the currency segment recorded a nice rebound in volumes. The total volume of currency future transactions rose by 52.3% year on year to 128,445 contracts in November 2016 from November 2015’s 84,332; activity also rose heavily month on month by 61.4% from…

Read more
December 12, 2016 BY admin

SEC charges two New Jersey-based traders in $26 million stock manipulation scheme

The Securities and Exchange Commission today charged two New Jersey-based traders with manipulating more than 2,000 NYSE- and NASDAQ-traded stocks and reaping more than $26 million in profits from their successful trades. The SEC alleges that Joseph Taub and Elazar Shmalo utilized dozens of accounts at various brokerage firms to carry out their scheme undetected,…

Read more
December 12, 2016 BY admin

CLS November Forex settlement volume up 15% MoM

CLS Group (CLS), the market infrastructure provider of risk mitigation services to the global FX market today published its operating metrics for November 2016. The average daily input volume submitted to CLS, combining the settlement and aggregation services, was 1,167,833, up 15% from 1,015,928 in October 2016. The average daily input value submitted to CLS was $USD 4.99 trillion,…

Read more
December 12, 2016 BY LeapRate Staff

Gain Capital November retail forex volumes pop 35% to $257 billion

Gain Capital Holdings Inc (NYSE:GCAP), which operates the retail Forex.com and institutional GTX eFX brands, has announced very healthy trading volumes for the month of November. We had already reported that GTX had its best ever month in November, with volumes topping $14.3 billion ADV, thanks in part to the surprise US election result and the…

Read more
December 12, 2016 BY admin

Linedata’s order management system integrates with Integral's InvestorFX

Integral, the FX technology partner used by banks, brokers, and investment managers to design, deliver and grow their FX businesses and Linedata, the global solutions provider dedicated to the investment management and credit industries, today announced the integration of Linedata’s Order Management System (OMS) powered by Longview, with Integral’s InvestorFX. Linedata’s advanced OMS solution delivers an…

Read more
December 12, 2016 BY Valentina Kirilova

Bloomberg Tradebook enhances cross-asset trading platform to enable relative trading

Bloomberg Tradebook, Bloomberg's global agency brokerage business, has just announced the release of its Relative Benchmark Trading algorithm for its cross-asset trading platform, PAIR {PAIR}. This enhancement gives Bloomberg Tradebook clients the ability to dynamically trade one security relative to a set benchmark, helping traders generate alpha, reduce the costs of trading and better manage…

Read more
December 12, 2016 BY Valentina Kirilova

Nasdaq Nordic launches auction on demand

Nasdaq (Nasdaq: NDAQ) just announced that it will launch an innovative new market feature, Auction on Demand, on June 7, 2017. This service is designed to fulfill MIFID II transparency requirements for the periodic auction trading model, while offering Nasdaq’s trading clients a regulated and highly advanced alternative to Over the Counter and darkpool trading.…

Read more