Integral volumes report
January 18, 2022 BY Steffy Bogdanova

Integral finishes 2021 with an annual total of $12.4 trillion

The annual volume totaled $12.4 trillion in 2021. Integral’s cloud-based SaaS FX workflow solutions serve a wide variety of buy-side FX market participants, including banks, brokers, asset managers, and hedge funds. Clients leverage the deep and diverse FX liquidity available through the company’s platforms within an integrated environment. Earlier in December, Integral onboarded Riina Sulonen…

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ASIC
January 18, 2022 BY Steffy Bogdanova

BGC Partners pays $110K infringement penalty

The Panel also pointed out that BGC Partners’ failure appeared to be the result of unintentional operator error. It concluded that it is likely this error could have been avoided if BGC Partners had updated its systems to incorporate enhanced technological safeguards. The official statement said: Although enhanced technological safeguards may not be required where…

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January 18, 2022 BY Steffy Bogdanova

Skilling raises €10 million in latest funding round to fuel growth

Future growth According to the original announcement shared with LeapRate, Skilling intends to use its fresh capital to accelerate the recruiting of talent and further bolster its trading technology. The company’s goal is to offer simple, yet robust technology allowing customers to navigate their trading and investments throughout the customer’s financial life. Skilling’s long-term vision…

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January 17, 2022 BY Steffy Bogdanova

LCH reports record clearing volumes in 2021

LCH services continued to support transitional to risk-free rates (RFRs) during the past year. SwapClear, LCH’s interest rates derivatives clearing service, converted more than $35 trillion of a notional in the fourth quarter of 2021. SwapAgent saw 10,186 trades in 2021, which represents a 489% year-on-year increase. RepoClear processed €195 trillion of nominal across 9.4…

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Duncan Beattie and Duncan Connellan join Barclays Australian investment banking unit
January 17, 2022 BY Steffy Bogdanova

Barclays hires Duncan Beattie and Duncan Connellan to bolster its Australian investment banking unit

In their new roles at Barclays, Beattie and Connellan will be based in Sydney and report to Richard Satchwell, Country CEO and Head of Investment Banking, Australia. Richard Satchwell, Country CEO and Head of Investment Banking, Australia, said: Duncan Beattie and Duncan Connellan are outstanding additions to our Investment Banking team. Their deep industry relationships…

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Saxo Bank
January 17, 2022 BY Steffy Bogdanova

Saxo Bank introduces fractional amounts for CFD indices

Additionally, Saxo’s most popular Index CFDs including US500 (S&P 500 Index), USNAS100 (Nasdaq 100 Index) and US30 (Dow Jones Industrial Average) are tradable for longer. They have been extended by 1 hour and 1 minute. The extension allows traders to allowing traders to react to events which occur both before and after the exchanges open…

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ASIC
January 17, 2022 BY Steffy Bogdanova

ASIC warns about risk in crypto investment when using SMSF

Crypto-asset investment ASIC reminded investors to consider the risks before using their SMSF to invest in crypto-assets. Trustees of SMSF bear responsibility for the fund’s decisions and for legal compliance. The regulator recently warned the public about an increase in scams involving crypto-assets. ASIC said in the official warning: If you decide to set up…

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