StatPro Group PLC (LON:SOG), a provider of portfolio analysis and asset pricing services for the global asset management industry, today announced that it has acquired the entire share capital of Investor Analytics LLC ("IA"), a US-headquartered, cloud-based risk analytics company to hedge funds and asset managers, for a cash consideration of $10 million. There is…
Read moreSwiss interdealer broker Compagnie Financiere Tradition SA (SWX:CFT) earlier today posted its key financial metrics for the final quarter and full year 2015, with slower trading activity in the last three months of the preceding year weighing on revenues. For Q4 2015: The reported consolidated revenue for Q4 2015 of CHF 190.7 million ($188.6m), down…
Read moreScivantage, a Global FinTech 100 technology provider of wealth management and cost basis solutions, today announced the appointment of financial services and technology industry veteran Joseph Velli to its Board of Directors. For most of his career, Mr. Velli served as a Senior Executive Vice President of The Bank of New York and as a…
Read moreConfirming LeapRate's earlier report about PFSOFT's plans to launch a new solution, the company announced today it has just released a standalone front-end application branded as Protrader Multi-Connect (PTMC). The new version of PFSOFT's platform is addressed directly to traders, being the company's response to numerous requests coming from traders’ community which demanded the ability…
Read moreRussia's Centre for Regulation of OTC Financial Instruments and Technologies (CRFIN) today published a report regarding the activity of its Disciplinary Commission for 2015. For the entire 2015, the Commission reviewed a total of 248 enquiries regarding Forex companies. Nearly half of these (48%) concerned members of the organization, with 10% of these used by…
Read moreAs the number of complaints regarding unauthorized trading and brokerage firms in the UK is rising, the Financial Conduct Authority (FCA) is also stepping up its efforts to combat financial fraud. It comes as no surprise then that the FCA keeps issuing public warnings against unauthorized FX firms, with the latest one targeting Financial Products (London)…
Read moreSeveral months after Advantage Futures added CityTrader, OptionsCity Software's cloud-based futures and options trading platform, to the offering for its clients, OptionsCity seals another partnership concerning this platform. CityTrader is now available to clients of DAW Trading, a division of Dorman Trading LLC specializing in commodity, futures and options clearing. Through CityTrader, DAW Trading clients will…
Read moreSafeCharge International Group Ltd (LON:SCH), an international provider of payments services, technologies and risk management solutions for online and mobile businesses, today announces a partnership with Korean-based online games billing and payment solution providing company Payletter. The collaboration aims to provide a comprehensive payments service which is integrated into Payletter’s billing platform for games developers…
Read moreMoscow Exchange, or Moskovskaya Birzha MMVB-RTS PAO (MCX:MOEX), has had a robust December for Forex volumes – according to LeapRate's earlier report, the Exchange saw FX volumes jump 30.4% in monthly terms in December 2015. Earlier today, MOEX published a detailed report for the markets performance during the last month of 2015, with trading activity…
Read moreProvider of pre-trade risk and post-trade processing solutions Traiana, part of ICAP plc (LON:IAP), and Trax, a provider of capital market data, trade matching and regulatory reporting services, today announce that they have formed a business alliance to offer the industry an interoperable Repurchase Agreement (repo) matching service. The new offering is set to support…
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