Maria Nikolova
LeapRate Analyst
March 15, 2016 BY Maria Nikolova

Mexican broker GBM adopts Redline’s InRush market data solution

Provider of intelligent market data and order execution solutions Redline Trading Solutions has announced that Mexican investment and brokerage firm GBM (Grupo Bursátil Mexicano) is deploying Redline’s InRush market data solution to bolster the reliability and lower the latency for market data pricing delivery from the Mexican Stock Exchange (BMV). InRush is deployed to the…

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March 15, 2016 BY Maria Nikolova

Japanese FX broker Hirose inches closer to initial public listing, sets offer price at ¥830 per share

Further to LeapRate's earlier report about Japanese Forex and binary options broker Hirose planning to float on the Tokyo Stock Exchange JASDAQ (Standard), the company has published details about the listing. As previously reported, the initial listing is scheduled for March 18, 2016, with the broker to be listed under the ticker 7185 (ISIN JP3798800003). The…

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March 14, 2016 BY Maria Nikolova

FCA warns against clone firm Markets Central Investment

The UK Financial Conduct Authority (FCA) keeps its conquest against clone firms – unauthorized entities that abuse the details of authorized firms in an effort to defraud investors more easily. The latest warning concerns Markets Central Investment, a company which misuses the details of an FCA-licensed firm - Central Markets (London) Ltd. The clone entity,…

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March 14, 2016 BY Maria Nikolova

USAA rolls out Coinbase services to entire membership base

Financial services provider USAA has expanded Coinbase integration to all of its members, the Bitcoin exchange expert announced today. Thanks to the expansion, all members of USAA can now view their Coinbase bitcoin balance on USAA.com and USAA’s mobile app. Last November, USAA launched a pilot Coinbase integration for a small group of members. As…

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March 14, 2016 BY Maria Nikolova

MoneySwap raises $150,000 through convertible loan note

Provider of online payment solutions MoneySwap PLC (LON:SWAP) today announces that it has raised $150,000 by the issue of a new convertible loan note. The Convertible Loan is unsecured and carries interest at an annual rate of 5%, It is repayable on March 11, 2018. The loan may be converted into new ordinary shares in…

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March 14, 2016 BY Maria Nikolova

ChartIQ raises $4 million in Series A financing round led by Illuminate Financial

Provider of HTML5 charting and data visualization tools ChartIQ today announces that it has secured $4 million in a Series A investment, led by venture capital firm Illuminate Financial, with participation from existing investors ValueStream, Tribeca Angels and other angel investors. ChartIQ, which is headquartered in Charlottesville, is beefing up its existing sales, marketing, and…

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March 14, 2016 BY Maria Nikolova

KCG sees market making volumes drop 13.8% MoM in February 2016

KCG Holdings, Inc. Class A (NYSE:KCG) has just published its operating metrics for February 2016, with the month bringing a double-digit month-on-month decline in market making volumes for the company. In Market Making, KCG averaged $31.2 billion dollar volume traded, 4.4 billion shares traded, and 4.3 million trades per day in U.S. Equities. The result…

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March 14, 2016 BY Maria Nikolova

TriOptima compression surpasses $750 trillion in eliminated notional principal

Post trade infrastructure provider TriOptima, part of ICAP plc (LON:IAP), announces today that market participants have eliminated more than $750 trillion in notional principal outstanding via its multilateral compression service for OTC derivatives triReduce. Since the launch of the service in 2003, over 210 financial institutions have participated in this risk-reducing achievement which includes compression…

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