Fiserv, Inc. (NASDAQ: FISV), a global provider of financial services technology solutions, has announced that Jim Grech has been named chief information officer, effective November 7, 2016. Grech succeeds Clifford (Cliff) Skelton, who will move into a new role after nearly five years in key leadership positions at Fiserv. Grech, who has spent the majority…
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In the third quarter of this year, volumes across Europe’s largest derivatives exchange Eurex suite of Fixed Income Futures have been strong with record figures in some segments. A combination of Brexit, an upcoming constitutional referendum in Italy and the Spanish elections, increased volatility in the underlying rate markets and thereby also the market’s hedging…
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FCA regulated retail forex broker Hantec Markets has decided to raise margins required by clients to support leveraged positions, ahead of next week's US Presidential election on November 8. Hantec sent out the following message to clients: Important Announcement: Margin Increase due to the US Presidential Election Dear Valued Client, Due to the expected volatility…
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Bats Global Markets, Inc. (Bats: BATS) today completed its acquisition of Javelin SEF, LLC (Javelin), a swap execution facility (SEF). The deal was announced on August 11, 2016 and received approval from the Commodity Futures Trading Commission (CFTC) on October 23, 2016. Javelin has been integrated with Bats Hotspot, the institutional FX trading platform, in…
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Continuing a string of warnings against forex and binary options brokers targeting traders in Canada, Canadian securities regulator the Ontario Securities Commission (OSC) has issued a warning to investors regarding B4Binary, operating from website b4binary.com. The OSC actually issued two separate warnings - one to Service Global 52 Ltd which the B4Binary website states owns and operates the site,…
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IPC, a global provider of secure, compliant communications and networking solutions for the financial markets community, has announced that LMAX Exchange, the Multilateral Trading Facility (MTF) for FX and one of the UK's fastest growing technology companies has joined the IPC FX Hub in the Equinix NY4 data centre. The IPC FX Hub supports the…
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Moscow Exchange has announces the results of the annual public load testing of its FX, derivative and equity trading and clearing platforms. The testing was performed on the DataSpace1 facilities that will become the Exchange's primary data center on 7 November. Such tests allow trade participants to measure the performance and capacity of their systems…
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TMX Market Insights (TMX Group: TSE:X) has announced the launch of TMX Webstore, a new digital e-commerce platform featuring market data, analytics and applications from Canada's definitive source of record. Alpesh Sethia, Head of Digital Products and Innovation, TMX Group, commented: In today's highly competitive marketplace, modern investors are actively seeking data and applications to…
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The U.S. Commodity Futures Trading Commission (CFTC) has issued Orders of Registration to the following Foreign Boards of Trade (FBOT): Eurex Deutschland (Eurex) CME Europe Limited (CMEEL) ICE Futures Europe (IFE) The London Metal Exchange (LME) London Stock Exchange plc. (LSE) Under the Orders, each of the FBOTs is permitted to provide identified members or…
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UK financial regulator Financial Conduct Authority (FCA) has issued its latest warning against an unregulated financial services provider targeting UK consumers. The FCA’s latest warning is against the firm CTOption. The British Columbia Securities Commission (BCSC) has already warned against CTOption earlier this year. CTOption is not authorised by the FCA but has been targeting people in…
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