Saxo Bank co-founder starts new venture capital firm Seier Capital

February 03, 2016 BY LeapRate Staff

Saxo Bank co-founder starts new venture capital firm Seier Capital - LeapRate Exclusive

It looks like he won't be retiring after all. LeapRate has learned that Saxo Bank co-founder and longtime co-CEO Lars Seier Christensen has set up a new venture capital firm called, appropriately, Seier Capital. The Seier Capital website went live this week at www.seiercapital.com. Lars Seier Christensen resigned from Saxo Bank’s Board of Management after 20 years…

February 03, 2016 BY Maria Nikolova

GMO Click posts 59.3% MoM rise in OTC Forex volumes in January 2016

Japanese online trading services provider GMO Click Securities, part of GMO Click Holdings Inc (TYO:7177), has just posted its operating metrics for January 2016, with both over-the-counter Forex volumes and on-exchange trading volumes registering a steep rise from December 2015 levels. Let's examine the particular results for January 2016: GMO Click reported OTC Forex volumes…

February 03, 2016 BY Maria Nikolova

TechFinancials forms JV with Hong Kong's IBID Holdings

Less than a month after binary platform provider and operator TechFinancials Inc (LON:TECH) completed formation of a joint venture with the owners of Optionfortune Trade Limited, a company registered in Hong Kong to operate a B2C binary options trading platform focused on the Asia Pacific region, TechFinancials makes another move towards beefing up its binary options…

February 03, 2016 BY Maria Nikolova

ASX registers 24% MoM drop in futures trading volumes in January 2016

In contrast to what the bulk of the industry has displayed thus far, ASX posted a double-digit drop in futures trading volumes in January 2016. According to ASX’s market activity report for January 2016, out earlier today, futures and options on futures volume amounted to 9,122,612 contracts, a reading which is 24.1% lower than in…

February 03, 2016 BY Maria Nikolova

Monex sees global Forex volumes jump 28.5% MoM in January 2016

Online trading services provider Monex Group, Inc. (TYO:8698) has just posted its operating metrics for January 2016, with market volatility obviously helping the company see some robust metrics in the first month of the new year. Global Forex volumes, that is Forex volumes across all of Monex's subsidiaries, amounted to $37.9 billion, up 28.5% from…

February 02, 2016 BY LeapRate Staff

TradeKing web order system goes down briefly (again!) – LeapRate Exclusive

LeapRate Exclusive… LeapRate has learned that clients of discount US online stockbroker TradeKing were unable to execute buy and sell orders via the company’s website for a while both yesterday (Monday) and this morning. A company representative confirmed to LeapRate that TradeKing was experiencing some server issues, and that the company’s website was not communicating properly…

February 02, 2016 BY Mike Fox

Bosch chooses Deutsche Bank’s ERP solution for RMB payments in China

Deutsche Bank AG (ETR:DBK) today announced that it has implemented an electronic ERP integration solution for Bosch’s foreign currency and RMB cross-border payments in China. Deutsche Bank’s ERP integration solution enables Bosch to streamline its accounts payables processes in China introducing electronic processing of physical documents and the associated regulatory reporting. Headquartered in Germany, Bosch is a…

February 02, 2016 BY Maria Nikolova

OptionsCity’s CityTrader becomes available to Optimus Futures clients

Provider of futures and options trading and analytics solutions OptionsCity Software has announced another partnership regarding its CityTrader platform. Shortly after the cloud-based futures and options trading platform became available to DAW Trading clients, Optimus Futures announced that it will support the solution. Thanks to CityTrader, active traders can make use of robust tools and functionality…

February 02, 2016 BY Mike Fox

Nikko Asset Management selects SmartStream's TLM OnDemand for reconciliations

SmartStream Technologies, the Transaction Lifecycle Management (TLM) specialist, today announced that Nikko Asset Management Co., Ltd. (Nikko Asset Management) has implemented SmartStream’s TLM OnDemand as its cloud-based reconciliations solution. TLM OnDemand for reconciliations is the software-as-a-service version of SmartStream’s market-leading reconciliations technology. It enables users to derive the full benefits of TLM Reconciliations Premium whilst providing a…

February 02, 2016 BY Mike Fox

Spotware unveils new cTrader platform updates for February

Spotware Systems announce the completion of cTrader Web updates for all supporting brokers. These exciting features are now available to all traders inside cTrader Web next time they visit the application. This update shares a number of features which were already delivered to cTrader for Windows in November 2015, these include Price Alerts, Order Screen Improvements and the…