LCH to launch LCH SwapAgent, a centralised service for the non-cleared derivatives market LeapRate

Bank of China (UK) Limited joins LCH’s SwapClear

November 02, 2016 BY Valentina Kirilova

LCH to launch LCH SwapAgent, a centralised service for the non-cleared derivatives market

The global clearing house LCH has announced today that it will be launching a new service for the non-cleared derivatives market. LCH SwapAgent will benefit from LCH’s expertise in serving and managing risk for the cleared rates & FX derivatives market, providing market participants with a number of solutions designed to materially improve standardisation, efficiency…

November 02, 2016 BY Valentina Kirilova

Bats welcomes ACSI Funds as a new issuer to the Bats ETF Marketplace

Bats Global Markets, Inc. (Bats: BATS) has welcomed ACSI Funds as a new issuer on the Bats ETF Marketplace with the launch of the American Customer Satisfaction Core Alpha ETF (Bats: ACSI). The first ETF from ACSI Funds, the fund utilizes insight into customer satisfaction for more than 350 well-known, national brands, seeking to track the…

November 02, 2016 BY Valentina Kirilova

Deutsche Börse announces October volumes, high demand in the first month of Venture Match

Venture Match, Deutsche Börse Venture Network’s service launched at the end of September, has been in high demand in the first month. With Venture Match, Deutsche Börse brings together growth companies and investors for financing rounds on a neutral platform in a targeted way. In October, eight companies have opted for the offer, which provides…

November 02, 2016 BY Valentina Kirilova

AxiTrader to offer Margin exotic FX contracts on MT4

Australian-owned Forex (FX) and Contracts For Difference (CFD) trading provider AxiCorp, through its flagship AxiTrader brand, has become the first broker to offer Margin exotic FX contracts on MT4 based on prices derived from a rolling Non-Deliverable Forward (NDF). From today, traders will be able to access 10 new exotic Margin FX currency pairs from…

November 02, 2016 BY Valentina Kirilova

Bats welcomes Premise Capital as a new issuer to the Bats ETF Marketplace

Bats Global Markets, Inc. (Bats: BATS) has welcomed Premise Capital as a new issuer to the Bats ETF Marketplace with the launch of the Premise Capital Frontier Advantage Diversified Tactical ETF (Bats: TCTL). The fund, the first ETF launched by Premise, seeks to provide investment results that correspond generally to the total return of the Premise…

November 02, 2016 BY LeapRate Staff

Odds of a Clinton victory slipping at UK bookmakers

With the latest US polls showing a too-close-to-call US Presidential election less than a week from the actual vote, the odds of a Hillary Clinton victory has been steadily dropping at some of the leading UK bookmakers taking bets on the election outcome. As recently as two weeks ago some of the bookmakers were calling…

November 02, 2016 BY Valentina Kirilova

Fiserv names Jim Grech Chief Information Officer

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…

November 02, 2016 BY Valentina Kirilova

Eurex reports record quarter for futures on French government bonds

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…

November 02, 2016 BY LeapRate Staff

Hantec Markets to increase required margin ahead of US election next week

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…

November 02, 2016 BY Mike Fox

Bats completes acquisition of Javelin SEF - deal broadens FX offering

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…