March 09, 2017 BY Valentina Kirilova

Pragma establishes European presence at Equinix LD6 data center

Trading technology provider Pragma has established a connectivity presence in Equinix’s LD6 data center in London to service its growing international client base. The expansion to Europe enables Pragma to meet growing demand for its Pragma360 platform, which comprises advanced algorithmic trading, order routing and transaction cost analysis (TCA) tools. A report from Greenwich Associates…

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March 09, 2017 BY Valentina Kirilova

Thomson Reuters teams up with Tradeweb to create suite of solutions for MiFID II compliance

Information giant Thomson Reuters Corp (NYSE:TRI) is creating a holistic suite of reporting services that will support the workflow of market participants in their efforts to meet post-trade transparency requirements mandated by the Markets in Financial Instruments Directive II (MiFID II). In preparation for the new regulations, the company is working closely with over 50…

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March 09, 2017 BY Valentina Kirilova

Broadridge acquires post-trade control solutions provider Message Automation

Financial technology provider Broadridge Financial Solutions, Inc. (NYSE:BR) announced that has extended its global post-trade control capabilities for sell-side and buy-side firms in capital markets through the acquisition of Message Automation Limited, a provider of post-trade control solutions. The acquisition accelerates Broadridge’s ability to allow firms to transform their risk and compliance capabilities. Terms of…

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March 09, 2017 BY Valentina Kirilova

ADS Securities warns of clone website

ADS Securities, the global FX brokerage house, has asked clients to make sure they access the company’s website through the URL www.ads-securities.com. A website with a similar address, which claims to offer services mirroring those provided by ADS Securities, has been set-up and could be mistakenly accessed by clients. ADS Securities is not affiliated, connected,…

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March 09, 2017 BY Valentina Kirilova

Interactive Brokers to leave options market making to 'order internalizers'

Interactive Brokers Group, Inc. (NASDAQ GS:IBKR) announced that it will discontinue options market making activities globally, which are conducted through its Timber Hill companies. The Company expects to phase out these operations substantially over the coming months and intends to continue conducting certain trading activities in stocks and related instruments. Thomas Peterffy, Chairman and CEO,…

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March 08, 2017 BY Valentina Kirilova

Bats welcomes new Global X Fund to the Bats ETF Marketplace

Bats Global Markets, Inc. (Bats:BATS) just welcomed a new Global X Fund to the Bats ETF Marketplace. The Global X U.S. Infrastructure Development ETF (Bats: PAVE) seeks to provide investment results that correspond generally to the price and yield performance of the Indxx U.S. Infrastructure Development Index. The fund holds a basket of companies involved in…

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March 08, 2017 BY Valentina Kirilova

Fiserv integrates credit score monitoring into digital banking

Fiserv, Inc. (NASDAQ: FISV), the global provider of financial services technology solutions, has launched Credit Sense, a solution that enables financial institutions to meet consumer expectations for personalized credit information by integrating credit scores into the digital banking experience. Credit Sense provides a credit score, daily credit monitoring, insight into factors influencing credit score and…

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Japan
March 08, 2017 BY Valentina Kirilova

Japan's economy gets an upgrade in Q3 2016

Japan’s economy grew faster than first thought in the final three months of 2016. Japan’s Cabinet Office announced that real GDP grew by 0.3% in the December quarter, higher than the 0.2% preliminary reading issued in February, Business Insider reported. Despite the upgrade, it fell short of the 0.4% figure that had been eyed by markets.…

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