July 06, 2016 BY Valentina Kirilova

Deutsche Börse sells FX market intelligence provider MNI to Hale Global

Deutsche Börse AG and Hale Global have entered into an agreement regarding the sale of Market News International, Inc. (MNI), a leading provider of macroeconomic and markets intelligence for global fixed income and foreign exchange market professionals. Details of the deal are subject to a confidentiality agreement. By divesting its news business, Deutsche Börse further…

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July 06, 2016 BY LeapRate Staff

ICAP EBS June FX volumes up 29% MoM to $97.4 billion ADV

Continuing the healthy-June-FX-volumes trend we have seen from a number of both retail and institutional eFX platforms, interdealer broker ICAP plc (LON:IAP) has reported that Forex volumes at its EBS subsidiary were up 29% MoM from May to average $97.4 billion per day in June. We'd note that May volumes at EBS were their lowest in…

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July 06, 2016 BY Valentina Kirilova

GBPUSD drops below 1.28 as British Pound slide continues

Sterling sinks to new depths on Brexit anxiety, dropping to new 31 year lows around the 1.2800 level against the US dollar and even lower against the yen and the euro. The combination of some Brexit effects already starting to become definite and this week’s slowdown in recent economic data may seem a bit like…

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July 06, 2016 BY Valentina Kirilova

Broadridge completes acquisition of DST’s North American Customer Communications Business

Financial technology provider Broadridge Financial Solutions, Inc. (NYSE:BR) has announced it has completed its acquisition of the North American Customer Communications (NACC) business of DST Systems, Inc. (NSYE: DST) for $410 million in cash, subject to post-closing adjustments. The NACC business will be renamed Broadridge Customer Communications and integrated into Broadridge’s Investor Communication Solutions segment.…

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