Bats Global Markets, Inc. (Bats: BATS) has welcomed Premise Capital as a new issuer to the Bats ETF Marketplace with the launch of the Premise Capital Frontier Advantage Diversified Tactical ETF (Bats: TCTL). The fund, the first ETF launched by Premise, seeks to provide investment results that correspond generally to the total return of the Premise…
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Fiserv, Inc. (NASDAQ: FISV), a global provider of financial services technology solutions, has announced that Jim Grech has been named chief information officer, effective November 7, 2016. Grech succeeds Clifford (Cliff) Skelton, who will move into a new role after nearly five years in key leadership positions at Fiserv. Grech, who has spent the majority…
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In the third quarter of this year, volumes across Europe’s largest derivatives exchange Eurex suite of Fixed Income Futures have been strong with record figures in some segments. A combination of Brexit, an upcoming constitutional referendum in Italy and the Spanish elections, increased volatility in the underlying rate markets and thereby also the market’s hedging…
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IPC, a global provider of secure, compliant communications and networking solutions for the financial markets community, has announced that LMAX Exchange, the Multilateral Trading Facility (MTF) for FX and one of the UK's fastest growing technology companies has joined the IPC FX Hub in the Equinix NY4 data centre. The IPC FX Hub supports the…
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Moscow Exchange has announces the results of the annual public load testing of its FX, derivative and equity trading and clearing platforms. The testing was performed on the DataSpace1 facilities that will become the Exchange's primary data center on 7 November. Such tests allow trade participants to measure the performance and capacity of their systems…
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TMX Market Insights (TMX Group: TSE:X) has announced the launch of TMX Webstore, a new digital e-commerce platform featuring market data, analytics and applications from Canada's definitive source of record. Alpesh Sethia, Head of Digital Products and Innovation, TMX Group, commented: In today's highly competitive marketplace, modern investors are actively seeking data and applications to…
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The U.S. Commodity Futures Trading Commission (CFTC) has issued Orders of Registration to the following Foreign Boards of Trade (FBOT): Eurex Deutschland (Eurex) CME Europe Limited (CMEEL) ICE Futures Europe (IFE) The London Metal Exchange (LME) London Stock Exchange plc. (LSE) Under the Orders, each of the FBOTs is permitted to provide identified members or…
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UK financial regulator Financial Conduct Authority (FCA) has issued its latest warning against an unregulated financial services provider targeting UK consumers. The FCA’s latest warning is against the firm CTOption. The British Columbia Securities Commission (BCSC) has already warned against CTOption earlier this year. CTOption is not authorised by the FCA but has been targeting people in…
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Activity on Nasdaq Dubai’s equity futures market has increased significantly in its second month, with 103,393 contracts traded in October, up 567% from 15,508 in September. The market opened on September 1, 2016, with single stock futures contracts on seven leading UAE-listed companies: Aldar Properties, Arabtec Holding, DP World, Dubai Islamic Bank, DXB Entertainments, Emaar…
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The UK Financial Conduct Authority has announced that between July 2008 and November 2011 six individuals have been involved in the operation of an unauthorised collective investment scheme through three companies: Plott Investments Ltd (which changed its name to Plott UK Ltd), European Property Investments (UK) Ltd and Stirling Alexander Ltd. The scheme led to…
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