September 14, 2016 BY Mike Fox

Markit names Jane Hamilton to FX business development team

IHS Markit (Nasdaq: INFO), a world leader in critical information, analytics and solutions, today announced that Jane Hamilton joined the firm as managing director of business development for FX. Jane brings deep experience in the FX market, prime brokerage and the technology systems supporting FX trading to Markit. She will be responsible for expanding Markit’s…

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September 14, 2016 BY Mike Fox

Barchart names Mitch Naumann as Head of Institutional Sales

Today, Barchart, a leading provider of financial market data and technology, announced that Mitch Naumann has been named Head of Institutional Sales. Naumann who most recently served as Institutional Sales Director, joined Barchart in 2008 as a Sales Associate. Naumann has worked to open up new markets to Barchart as well as build strategic relationships…

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September 14, 2016 BY Mike Fox

KPMG launches blockchain Digital Ledger Services for financial companies

KPMG today announced the introduction of its Digital Ledger Services, a comprehensive suite of services designed to help financial services companies realize the potential of blockchain capabilities -- providing faster and more secure transactions, streamlining and automating back office operations, and reducing costs by utilizing blockchain-based technologies. Blockchain is an alternative ledger database that maintains a continuously…

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September 14, 2016 BY Mike Fox

Cryptocurrency trading platform itBit founders launch separate blockchain brand Paxos

Paxos, a financial technology company delivering revolutionary blockchain solutions for global financial institutions, this week unveiled its new brand. The Paxos team—whose leadership launched itBit, the innovative cryptocurrency trading platform—consists of experienced financial services professionals with post-trade and market infrastructure expertise, leading technologists and engineers. Bankchain was previously recognized under the itBit umbrella, but has become…

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September 14, 2016 BY Mike Fox

FXCM releases historical Forex spreads data

FXCM Inc. (NYSE:FXCM), a global online provider of forex trading, Contract for Difference (CFD), and related services, released historical data on the lowest average spreads for the most popular currency pairs, exclusively on Standard and Active Trader accounts, featuring No Dealing Desk Execution. Traders now have access to the 2015 Historical Spreads Report, and the…

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September 14, 2016 BY Valentina Kirilova

Xetra-Gold exceeds 100 ton mark in gold holdings

The gold held in custody by Deutsche Börse Commodities GmbH for the purpose of physically backing the Xetra-Gold bond has risen to a new record high of 100.97 tons, an increase of approximately 70 per cent since the beginning of the year. For each Xetra-Gold bond, exactly one gram of gold is deposited in the…

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September 14, 2016 BY Valentina Kirilova

AMF issues a public warning against the activities of unauthorised websites offering binary options trading

The Autorité des Marchés Financiers (AMF) has published a list of new websites offering binary options trading, for which no authorised investment services provider could be clearly identified. Here is the list of new websites recently identified: www.b4trade.com www.bosscapital.com www.brevan-invest.com www.limited-binary.com www.loyalbinary.com www.sc-options.com www.swiss-capitalinvest.com A list of all unauthorized sites to offer trading of binary options is…

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September 14, 2016 BY Valentina Kirilova

SEC fines Portuguese company for failing to disclose credit risk in investments

The Securities and Exchange Commission (SEC) has announced that a Portuguese-based telecommunications company has agreed to pay a $1.25 million penalty for its failure to properly disclose the nature and extent of credit risk involved in its investments in debt instruments issued by companies of Portuguese conglomerate Grupo Espirito Santo. An SEC investigation found that Portugal Telecom…

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September 14, 2016 BY Valentina Kirilova

SimCorp to provide users with full foreign exchange netting capabilities via FX Connect

SimCorp, a provider of investment management solutions and services for the global financial services industry, has announced that it has enhanced its partnership with FX Connect to provide SimCorp Dimension users with full foreign exchange netting capabilities. SimCorp leverages FX Connect's cross-currency netting capabilities to enable its clients to seamlessly block, net and subsequently compress large,…

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September 14, 2016 BY LeapRate Staff

Optimove nabs $20 million VC fundraising round, adds SimilarWeb director Moshe Lichtman to its BoD

Customer marketing and retention specialist Optimove has announced that it has raised $20 million from Israel Growth Partners, a Tel-Aviv based private equity investment firm that focuses on later stage investments. The growth-financing round marks the first outside funding for the nearly eight-year-old Optimove, and it follows three straight years of 100% year-over-year growth for the…

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