Margin aggregation has become a popular topic amongst retail FX brokers recently with many having lost their Prime Broker relationships and with the squeeze on credit conditions.
Read moreJava 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…
Read moreBitcoin 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…
Read moreDaiwa 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…
Read moreInteractive Brokers Group, Inc. (NASDAQ:IBKR), one of the major online trading services providers in the United States, has just released a new build (956) of its TWS platform, with improvements ranging from new technical indicator scanners to the ability to attach SMS to alerts. LeapRate has already informed you about some of the enhancements, such…
Read moreMonex Group, Inc. (TYO:8698) has just posted its revenue metrics for March 2016, along with the results for the full fiscal year 2016, with revenues in March down in both monthly and annual terms. The Forex broker reported monthly operating revenues of JPY 3.89 billion for March 2016, a result which is 4.9% lower than…
Read moreCLS 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…
Read moreHong Kong financial startup 8 Securities announced today that customers can trade over 15,000 US, HK and China H shares and index funds for $0 commission. "Our technology has reduced our cost to execute a trade to almost $0 so we are simply passing that savings on to our customers," said Mikaal Abdulla, CEO of…
Read moreFailures 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…
Read moreUllink, 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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