November 09, 2016 BY Valentina Kirilova

Moscow Exchange announces ups and downs for its 3Q 2016

Moscow Exchange (MOEX) has announced its financial results under International Financial Reporting Standards (IFRS) for the third quarter of 2016. Increases in fee and commission income from the Money Market, Fixed Income Market and Depository & Settlement Services partially offset lower interest income and allowed the company to maintain its best-in-class EBITDA margin. Key financial…

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LCH ForexClear reduces notional outstanding by $4.5b through NDF clearing service
November 09, 2016 BY Valentina Kirilova

LCH clears over $1 trillion in inflation swaps notional

LCH, a global clearing house, has announced that its SwapClear service has cleared a total of $1 trillion in notional of inflation swaps since the service launched in April 2015. This achievement follows a significant increase in cleared activity on the buy and sell side following the implementation of non-cleared margin rules in September 2016.…

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November 08, 2016 BY Valentina Kirilova

FCA warns on clone firm of City Asset Management

The UK Financial Conduct Authority has put out details of the cloned firm City Asset Management. Fraudsters are using the details of firms, authorised by the FCA, to try to convince people that they work for a genuine, authorised firm. Fraudsters are using or giving out the following details as part of their tactics to…

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November 08, 2016 BY Valentina Kirilova

Thomson Reuters reveals enhanced ONESOURCE applications

Business information giant Thomson Reuters Corp (NYSE:TRI) has kicked off its annual SYNERGY user conference in Grapevine, Texas, which hosts over 1,500 tax professionals and users of the Thomson Reuters ONESOURCE corporate tax technology platform. Joe Harpaz, managing director, Corporate segment of the Tax & Accounting business of Thomson Reuters, said: I’m eager to spend the…

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November 08, 2016 BY Valentina Kirilova

TSX Company Services and Solium announce strategic alliance

TSX Company Services, TMX Group (TSX: X)'s listed company support division, has announced a strategic alliance with Solium Capital Inc. (TSX:SUM), a provider of cloud-enabled services for global equity administration, financial reporting and compliance. The agreement, effective immediately, seeks to leverage the depth of capabilities across the two organizations to offer enhanced services to both…

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November 08, 2016 BY Valentina Kirilova

FCA warns on clone firm of Sanderson Partners

The UK Financial Conduct Authority has put out details of the cloned firm Sanderson Partners. Fraudsters are using the details of firms, authorised by the FCA, to try to convince people that they work for a genuine, authorised firm. Fraudsters are using or giving out the following details as part of their tactics to scam…

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November 08, 2016 BY Valentina Kirilova

Tradency launches CFD based robo advisor

The Fintech company Tradency has announced today the launch of the Smart Investor CFD. The SI CFD opens a new market niche which can be used primarily as a retention tool and a vehicle to attract substantial AUM. The service will seamlessly integrate with the broker's existing infrastructures. The SI CFD offers a robust proposition…

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November 08, 2016 BY Valentina Kirilova

FXCM announces Q3 2016, U.S. GAAP trading revenue from continuing operations is $57.8 million

Retail forex broker FXCM Inc. (NASDAQ:FXCM) has announced for the quarter ended September 30, 2016, U.S. GAAP trading revenue from continuing operations was $57.8 million, compared to $56.2 million for the quarter ended September 30, 2015. U.S. GAAP net loss attributable to FXCM Inc. from continuing operations was $35.8 million (including a $27.0 million net…

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