October 12, 2016 BY Valentina Kirilova

Record trading results for Liquidnet Apac in the third quarter

Liquidnet, the global institutional trading network, has announced a record in the third quarter in Asia Pacific as buy-side Members increased trading activity amid a spike in marketmoving events. Volumes rose 27% on the previous quarter with US$8.99 billion principal traded in APAC for the quarter. This included records in Japan, Taiwan, Korea, and Indonesia. Regional…

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October 12, 2016 BY Valentina Kirilova

Oil prices hit a one-year high

Oil prices hit a one-year high on Monday after Russian president Vladimir Putin mentioned that Russia was ready to sign on to an OPEC deal to cap production. A day later prices slipped as the International Energy Agency announced that global oil supplies have increased last month. Goldman Sachs analysts shared in a Tuesday note: An agreement to cut…

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October 12, 2016 BY LeapRate Staff

AxiTrader UK beefs up management ranks, hiring Paul Hare from GKFX as Compliance Manager

LeapRate Exclusive... LeapRate has learned that leading Australia-based retail forex broker AxiTrader has added Paul Hare as Compliance Manager for AxiTrader UK. Based in London, Hare will also act as a Director of AxiCorp Limited, the company's FCA regulated subsidiary in the UK. He will also be AxiTrader's designated MLRO (Money Laundering Reporting Officer) in…

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October 12, 2016 BY Valentina Kirilova

ASX updates its Cash Equities and Settlement Code of Practice

Australia Securities Exchange (ASX) has updated its Cash Equities Clearing and Settlement Code of Practice to align with the set of Regulatory Expectations released today by the Council of Financial Regulators (CFR). The Regulatory Expectations provide a framework for ASX’s conduct in operating its cash equities clearing and settlement (CS) services while it remains the…

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October 12, 2016 BY Valentina Kirilova

Nasdaq announces end-of-month open short interest positions in Nasdaq Stocks

At the end of the settlement date of September 30, 2016, short interest in 2,325 Nasdaq Global MarketSM securities totaled 7,507,019,393 shares compared with 7,538,279,223 shares in 2,320 Global Market issues reported for the prior settlement date of September 15, 2016. The end-of-September short interest represents 4.16 days average daily Nasdaq Global Market share volume…

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October 11, 2016 BY Valentina Kirilova

Thomson Reuters launches TRAC to combat trade based money laundering

Business information giant Thomson Reuters Corp (NYSE:TRI) has announced the launch of TRAC, its new anti-money laundering solution to combat trade based money laundering (TBML) and drive transparency and efficiency across trade finance. TBML is the use of international trade as a channel for legitimizing money attained from illicit activities. Schemes vary in complexity but typically involve…

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October 11, 2016 BY Valentina Kirilova

S&P Dow Jones Indices and MarketAxess enter strategic agreement to Build U.S. Corporate Bond Indices

S&P Dow Jones Indices has entered into an agreement with MarketAxess, an electronic trading platform for fixed-income securities and a provider of market data and post-trade services for the global fixed-income markets, to jointly develop indices that will track the most liquid segments of the U.S. corporate bond market. Alex Matturri, Chief Executive Officer of…

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October 11, 2016 BY Valentina Kirilova

FCA warns on Utility Bill Solutions firm

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 Utility Bill Solutions. Utility Bill Solutions is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…

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