August 04, 2016 BY Valentina Kirilova

ENSO and EBS Treasury partner to create hedge fund Basel III optimization platform

ENSO Financial Analytics (ENSO), a portfolio finance and treasury solution for hedge funds, has partnered with EBS Treasury, ICAP owned and established Money Market Fund (MMF) platform for the corporate community, to provide cash and collateral movement workflows to ENSO clients. EBS Treasury is powered via Swift Messaging, and by connecting the two platforms, ENSO…

Read more
August 04, 2016 BY Valentina Kirilova

ETC credits to be available soon on Coinbase

It’s been not more than a week since Coinbase posted that it does not provide support for Ethereum Classic (ETC), and customers have already been expressing an interest in recovering ETC that may be associated with their Coinbase transactions. Therefore, Coinbase has announced that its customers will be credited the full amount of ETC associated…

Read more
August 04, 2016 BY Valentina Kirilova

INTL FCStone Inc. reports 3Q 2016, net income is up 20% YoY

INTL FCStone Inc. (NASDAQ:INTL), a financial services organization delivering financial products, advisory and execution services, has announced its financial results for the fiscal year 2016 third quarter ended June 30, 2016. Compared to last year, the net income is up with 20% to $14.6 million. Diluted EPS are also up 26%. Annualized Return of Equity…

Read more
August 04, 2016 BY Valentina Kirilova

Moscow exchange reports Q2 results, operating income is up 6.2%, net profit grows by 6.8% YoY

Moscow Exchange, or Moskovskaya Birzha OAO (MCX:MOEX) has announced its financial results under International Financial Reporting Standards (IFRS) for the second quarter 2016. Earnings growth was supported by an increase in fee and commission income from all trading markets across the Exchange's diversified business, particularly the Derivatives, Fixed Income and Money Markets. Key financial highlights for…

Read more
August 04, 2016 BY Valentina Kirilova

ASIC cancels licence of Pacific Millennium International Investment Group Pty Ltd

Australia financial regulator ASIC has cancelled the Australian financial services (AFS) licence of Pacific Millennium International Investment Group Pty Ltd (PMIIG) after it was found to have breached the obligations of a financial services licensee. PMIIG was authorised under its AFS licence to provide general financial advice and dealing services to wholesale clients, among other…

Read more
August 04, 2016 BY LeapRate Staff

FINRA fines Barclays $1.3 million for order reporting violations

U.S. Securities industry regulator The Financial Industry Regulatory Authority (FINRA) announced that it has fined the Barclays Capital Inc. unit of UK based banking giant Barclays PLC (ADR) (NYSE:BCS) $1.3 million for systemic Order Audit Trail System (OATS) reporting violations and related supervisory failures. FINRA rules require firms to transmit to OATS complete and accurate data relating…

Read more
August 03, 2016 BY Mike Fox

Swedish Bank SEB invests in blockchain payments firm Coinify

Swedish financial group SEB has joined a $4 million Series A funding round for Danish blockchain payment service provider Coinify. The bank's venture capital arm was joined in the round by Seed Capital Denmark, boosting Coinify, which claims to be the largest facilitator of blockchain payments in Europe, supporting more than 20 PSPs and reaching over 100,000…

Read more