November 11, 2015 BY Maria Nikolova

South Africa's FirstRand becomes CLS settlement member

Provider of risk management and operational services for the global Forex market CLS Group (CLS) announced today that FirstRand, one of South Africa’s largest financial institutions, has become a CLS settlement member. Founded in 1998, FirstRand plays an important role in the trading of many currencies, including the South African rand, which has been a…

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November 11, 2015 BY Mike Fox

Lucera and Perseus launch first global on-demand SDN financial network exclusively for capital markets

Traders Gain Go-to-Market Capability in Less than 2 Days via Direct Access to World’s Largest Global Fiber Network Dedicated to Trading Lucera Financial Infrastructures and Perseus have partnered, creating the world’s largest on-demand Software Defined Network (SDN) exclusively for the capital markets industry, offering traders direct access to the industry’s largest network of global fiber dedicated to cross-asset class…

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November 11, 2015 BY Maria Nikolova

Saxo Markets makes SaxoTraderGO available to other banks and brokers

Saxo Markets, the institutional division of Saxo Bank Group, keeps beefing up its institutional credentials by making multi-asset trading platform, SaxoTraderGO, available to its white label clients. The first white label clients have already gone live with SaxoTraderGO, and the bank has witnessed demand from both existing and new WLCs with a roll out taking…

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November 11, 2015 BY Maria Nikolova

The Liquidity Alliance to offer collateral management services to buy-side via 360T platform

Members of The Liquidity Alliance, including ASX (Australia), Cetip (Brazil), Clearstream (Luxembourg), Iberclear (Spain) and Strate (South Africa), will be able to give the buy-side an option to collateralise triparty repos with banks through 360T, a platform for foreign exchange and money markets trading, which was recently acquired by Deutsche Boerse AG (ETR:DB1). Buy-side customers…

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November 11, 2015 BY Maria Nikolova

Markit partners with Aberdeen Asset Management over valuation of hard to price assets

Markit Ltd (NASDAQ:MRKT), an international provider of financial information services, today announced that it was selected by Aberdeen Asset Management to value hard to price assets for positions with limited market data. Markit’s hard to price valuation service provides valuations for seldom traded assets, private placement debt and unlisted equity positions. The service uses high…

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November 11, 2015 BY Maria Nikolova

DMM FX Australia says intermittent network issues resolved

Retail Forex and CFD broker DMM FX Australia has just published an update regarding the problems impacting its trading service. The company confirmed it had recently encountered a temporary outage, due to external factors with its trading services. This has led to some of its clients being unable to access the trading server to manage…

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November 11, 2015 BY Maria Nikolova

ICM Capital unveils inaugural UAE partnership

UK FCA regulated FX broker ICM Capital Limited has made an important step towards expansion in the Middle East Forex market. The company has announced an UAE partnership with Mohammad and Abdulla Habib Al Mulla. The new ICM Capital office was legally structured by Baker and McKenzie Habib Al Mulla. The office address is Building 3,…

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November 11, 2015 BY LeapRate Staff

CFH Systems sets new China JV with MT4 hosting specialist

FX trading applications provider CFH Systems has formed a joint venture with Capital Market Automation Provider Ltd to accelerate market penetration in China. The partnership offers institutional clients CFH's ClearVision technology combined with Capital Market Automation Provider’s local network infrastructure and specialization in MT4 hosted services, all supported by local market experts. The joint venture…

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