OptionsCity’s City Execution to power execution functionality on Thomson Reuters Eikon LeapRate

March 15, 2016 BY Maria Nikolova

OptionsCity's City Execution to power execution functionality on Thomson Reuters Eikon

Provider of futures and options trading and analytics solutions OptionsCity Software has just announced that City Execution, built on its REST-based City API, will power execution functionality on Thomson Reuters Eikon. Eikon is a major source of news, data and analytics for financial firms and City Execution will allow Eikon commodity and energy customers to…

March 15, 2016 BY Maria Nikolova

GAIN Capital registers fivefold Q/Q jump in income in Q4 2015, but revenues slide

Gain Capital Holdings Inc (NYSE:GCAP), one of the major investment services providers in the United States, has reported its financial metrics for the fourth quarter and full year 2015. The final three months of the year brought a steep rise in profits, accompanied by a double-digit decrease in revenues. Regarding the full year, it is…

March 15, 2016 BY Maria Nikolova

GAIN Capital sees retail, institutional trading volumes decline in February 2016

Online trading services provider Gain Capital Holdings Inc (NYSE:GCAP) has just posted its key operating metrics for February 2016, with both retail and institutional trading volumes lagging behind levels seen in January 2016. Last week, another US Forex major – FXCM, reported its volumes metrics for February 2016, with retail volumes also staging a decrease,…

March 15, 2016 BY Maria Nikolova

CME Group partners with Duco over member firms' fee control processes

International derivatives marketplace CME Group Inc (NASDAQ:CME) has teamed up with provider of data control services Duco Technologies, in a partnership set to transform its member firms’ fee control processes. From later this year, CME Group will provide its member firms with Duco’s innovative reconciliation service, thus allowing them to vastly simplify processes around fee…

March 15, 2016 BY Maria Nikolova

ICAP PTRI announces successful completion of Blockchain Proof of Technology

Markets operator and provider of post trade risk mitigation and information services ICAP plc (LON:IAP) today announces that its Post Trade Risk and Information (PTRI) arm has successfully completed a proof of technology test case for a distributed ledger using blockchain technology. The proof of technology completed on February 26, 2016 , the company said…

March 15, 2016 BY LeapRate Staff

Markit launches FX trade affirmation service

Markit Ltd (NASDAQ: MRKT), a leading global provider of financial information services, today announced the launch of a new service that enables banks to affirm FX trades executed by inter dealer brokers. Seven inter dealer brokers and eight banks have signed to use the service, which expands Markit’s centralised solutions for the FX market. Affirming…

March 15, 2016 BY Maria Nikolova

Bank of China becomes settlement bank for Dubai Commodities Clearing Corporation

Dubai Gold & Commodities Exchange (DGCX) has announced the appointment of Bank of China (BOC), as a Settlement Bank for Dubai Commodities Clearing Corporation (DCCC), a wholly owned subsidiary of DGCX. Bank of China is the first Chinese bank to be appointed as a Settlement bank for DCCC and would be operating through its Abu…

March 15, 2016 BY Maria Nikolova

SGX intends to list contracts on MSCI China Free Index

Singapore Exchange Limited (SGX:S68) today announced its plans to list contracts on the MSCI China Free Index. The new contracts will expand the suite of China-linked risk management products available on SGX, with specific relevance to global institutional investors in China equities. SGX’s China-linked offering already includes equity, FX and iron ore derivatives. On top…

March 15, 2016 BY LeapRate Staff

Former City Index CEO Mark Preston joins ETX Capital board - LeapRate Exclusive

LeapRate Exclusive... LeapRate has learned that former City Index CEO Mark Preston is joining the board of FCA-regulated Monecor (London) Ltd, parent company of retail Forex, CFDs and spreadbetting broker ETX Capital. Preston's role will not be a management one at ETX. He will be serving as an Independent Non Executive director on the company's board.…

March 15, 2016 BY Maria Nikolova

Moscow Exchange sees CNY/RUB volumes grow slightly in February 2016

Moscow Exchange, or Moskovskaya Birzha MMVB-RTS PAO (MCX:MOEX), the biggest Russian venue for trading currencies, stocks and derivatives, has just published its detailed operating metrics for February 2016. LeapRate has already reported that the monthly Forex volumes at the Exchange rose month-on-month in February 2016, whereas the ADV staged a drop. The data released today…