April 28, 2016 BY Maria Nikolova

Azul, Pontus launch Zing-based Thread Manager to reduce risk of FX market arbitrage

Java runtime solutions expert Azul Systems and Pontus Networks have launched an Azul Zing-based edition of PontusVision Thread Manager (PVTM), which reduces capital and operational IT infrastructure expenditure by enhancing the way software threads run on specific CPU cores. Pontus’ PVTM aims to help financial institutions reduce the need for weeks of performance analysis by…

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April 28, 2016 BY Maria Nikolova

BitQuick misses deadline to resume operations, remains down

Bitcoin trading platform BitQuick, which fell victim to a cyber attack more than a month ago, has missed the deadline to resume operations and remains down. The BitQuick team provided another update on system status on Wednesday, saying the company is taking care of internal issues, on top of solving matters regarding platform security. BitQuick’s…

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April 28, 2016 BY Maria Nikolova

Daiwa Securities increases stake in Saigon Securities

Daiwa Securities Group Inc (TYO:8601) today posted a notice regarding an increase in its stake in Saigon Securities Inc, one of the largest securities firms in Vietnam. As of April 27, 2016, Daiwa hiked its holding in Saigon Securities to 74,606,601 shares (no less than 15% of its outstanding shares). Daiwa sealed a Capital and…

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April 27, 2016 BY Mike Fox

CLS daily FX trading volume tails off to $4.69 trillion ADV

CLS Group (CLS), the market infrastructure provider of risk mitigation services to the global FX market, has earlier today published its operating metrics for March 2016. The average daily input volume submitted to CLS, combining the settlement and aggregation services, was 1,035,678 down 15.2% MoM from 1,220,828 in February 2016. Showing even further consolidation, the reading for March 2016 was…

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April 27, 2016 BY Maria Nikolova

Gala Coral pays $1.2M over faults with AML, social responsibility controls

Failures to implement adequate anti-money laundering (AML) and social responsibility (SR) controls regarding a VIP customer, who stole money to fund his gambling, have cost Gala Coral £846,664 ($1.24 million). The UK Gambling Commission today posted a public statement regarding the case, saying there are lessons to be learned from it. Law enforcement agents notified…

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April 27, 2016 BY Mike Fox

Ullink announces direct connectivity to trueEX

Ullink, the global provider of electronic trading and connectivity services, now provides direct connectivity to trueEX, a leading interest rate swap execution facility (SEF). Ullink’s multiprotocol connectivity platform UL Bridge will provide its clients with real-time access and efficient onboarding to the trueEX platform. trueEX is one the fastest growing SEFs, supporting 18 currencies, made…

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April 27, 2016 BY Maria Nikolova

Moscow Exchange shareholders agree on dividend of RUB 16.82 billion for 2015

Moscow Exchange (MOEX), or Moskovskaya Birzha MMVB-RTS PAO(MCX:MOEX), the biggest Russian venue for trading FX, derivatives and stocks, held its Annual General Meeting of Shareholders (AGM) earlier today. Shareholders approved the company's annual report, financial statements and distribution of profit, including dividends for 2015. In tune with a recommendation by the Supervisory Board, shareholders voted…

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