Thomson Reuters and CME Group to link their Instant Messaging Networks LeapRate

July 13, 2016 BY Valentina Kirilova

Thomson Reuters and CME Group to link their Instant Messaging Networks

Thomson Reuters and CME Group Inc (NASDAQ:CME) have announced they have reached an agreement to implement connectivity between their instant messaging networks, Thomson Reuters Eikon Messenger and CME Pivot Instant Messaging, to support open and compliant cross-industry communication for financial and commodities markets. This combined service will be available late Q3 2016. The agreement between…

July 13, 2016 BY Valentina Kirilova

Nasdaq announces end-of-June Short Interest

At the end of the settlement date of June 30, 2016, short interest in 2,316 Nasdaq Global MarketSM securities totaled 7,887,260,999 shares compared with 7,830,349,659 shares in 2,313 Global Market issues reported for the prior settlement date of June 15, 2016. The end-of-May short interest represents 4.76 days average daily Nasdaq Global Market share volume…

July 13, 2016 BY Valentina Kirilova

ALTX East Africa to launch in Uganda

The ALTX East Africa Ltd team led by CEO, Joseph Kitamirike has built the exchange since 2013, and spent most of the last eight months optimising their systems. The platform obtained regulatory approval in 2014 and depository approval was secured in 2015. Today, it goes live. The ALTX East Africa exchange platform will have the…

July 13, 2016 BY Valentina Kirilova

Jason Bray is leading INTL FCStone's Asia-Pacific Dairy Practice

Commodities and Forex broker INTL FCStone Inc. (NASDAQ:INTL) has announced that its wholly owned subsidiary, INTL FCStone Pte Ltd., has hired Jason Bray to lead its dairy practice in the Asia-Pacific region. Bray will work from INTL FCStone's office in Singapore. This move surely demonstrates INTL’s commitment to serving its customers and growing its market…

July 13, 2016 BY Valentina Kirilova

ASIC to remake class orders on markets and securities

Australia financial regulator ASIC has today released a consultation paper proposing to maintain markets and securities relief that ASIC has previously provided from certain obligations under the Corporations Act. The consultation paper also sets out ASIC's proposal to withdraw some relief. This consultation paper is part of ASIC's response to the 'sunsetting' of legislative instruments.…

July 13, 2016 BY Valentina Kirilova

ICAP releases earnings statement

Interdealer broker ICAP plc (LON:IAP) announces today its trading statement for the period from April 1, 2016 to June 30, 2016. It will be delivered to shareholders attending ICAP’s Annual General Meeting today. Michael Spencer, Group Chief Executive Officer of ICAP, said: I expect 2016/17 to be an exciting and challenging year for ICAP…

July 13, 2016 BY Mike Fox

Saxo Bank's Essential Trades Q3: "Brexit's shadow"

We provide global broker Saxo Bank's Essential Q3 trades with an intro from Kim Fournais, the co-founder and CEO of Saxo Bank. He held various positions in the financial services sector, before establishing Saxo Bank with Lars Seier Christensen in 1992 under the name Midas. Fournais headed Midas alone until 1995, when Seier Christensen joined as…

July 13, 2016 BY Mike Fox

Invast chooses identity specialist GBG for client on-boarding

GBG, the global specialist in identity data intelligence today announced it is providing identity verification technology to Australia based multi-asset brokerage and prime services provider, Invast Global. The partnership brings an enhanced level of identity intelligence to Invast’s on-boarding process, supporting its comprehensive anti-money laundering (AML) program and driving expansion into major growing international markets…

July 13, 2016 BY Mike Fox

Blockchain company SolidX files with SEC for new Bitcoin ETF

SolidX Partners Inc., a New York based blockchain technology company, today announced that it has filed a registration statement on Form S-1 with the Securities and Exchange Commission relating to the proposed launch of the SolidX Bitcoin Trust. The ETF will seek to provide shareholders with exposure to the daily change in the U.S. dollar…

July 13, 2016 BY LeapRate Staff

FXCM files shelf prospectus indicating plans for $125 million capital raise

Forex broker FXCM Inc (NYSE:FXCM) has filed a shelf prospectus with the U.S. Securities and Exchange Commission (SEC), indicating that the company is planning to raise in the neighborhood of $125 million in the near future. According to the prospectus, the capital raise could be in the form of equity, debt, or some combination thereof.…