DekaBank CEO Michael Rüdiger is the new Chairman of the Frankfurt Stock Exchange Council LeapRate

June 06, 2017 BY Valentina Kirilova

DekaBank CEO Michael Rüdiger is the new Chairman of the Frankfurt Stock Exchange Council

The Exchange Council of the Frankfurt Stock Exchange unanimously elected Michael Rüdiger as its new Chairman. Rüdiger is CEO of DekaBank Deutsche Girozentrale, and has been a member of the Exchange Council as representative of public law credit institutions since the last election on 1 December 2016. He takes over from Lars Hille, representative of…

June 05, 2017 BY LeapRate Staff

IG political trading market now calling for a closer UK election result

Data from UK online financial trading firm IG Group Holdings plc (LON:IGG) and its political trading market indicate that the Conservative's chances of winning are narrowing, but they are still expected to win a healthy majority in this Thursday's upcoming UK election. In general the IG market has reacted to the latest polling data -…

June 05, 2017 BY LeapRate Staff

LME competitor NFEx Markets to launch in 2018 as electronic trading platform for metals

The Financial Times is reporting that former LME CEO Martin Abbott is part of a five person founding board of NFEx Markets, which aims to compete with the London Metals Exchange (LME). NFEx Markets will reportedly run on a system designed by London-based tech provider Autilla, with a target to launch in the first quarter…

June 01, 2017 BY LeapRate Staff

DTCC names Clarient Global CEO Matthew Stauffer as head of Institutional Trade Processing

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced the appointment of Matthew Stauffer as Managing Director and head of Institutional Trade Processing, effective June 30, 2017. In this role, Mr. Stauffer will be responsible for integrating DTCC’s middle office trade processing solutions, including…

LSEG to increase its majority shareholding in LCH Group

May 31, 2017 BY Valentina Kirilova

LSEG to acquire Citigroup's Yield Book and Citi Fixed Income Indices

London Stock Exchange Group (LSEG) has reached an agreement with Citigroup Inc. (NYSE: C) to acquire The Yield Book and Citi Fixed Income Indices, a fixed income analytics platform and index business comprising a family of fixed income indices (including the WGBI) (together the “Business”) for a total cash consideration of $685 million (£535 million),…

May 31, 2017 BY Valentina Kirilova

EGX Chairman demands regulations for practicing the profession

During his participation in honoring the graduates of ESTA, the Egyptian Exchange (EGX) Chairman demands a way of Communication between ESTA and the regulatory authorities to establish regulations for career practicing. EGX Chairman, Dr. Mohammed Omran participated in the graduation of CETA graduates for technical analysts provided by ESTA and accredited by the International Federation…

May 30, 2017 BY LeapRate Staff

IG political trading market now predicting 106-seat Conservative majority

UK online financial trading firm IG Group Holdings plc (LON:IGG) has announced that after last night’s TV debate and the Tories social care U-turn, IG clients have become more bullish on Labour's chances in next week’s vote. However, Labour still trail mightily based on where traders are putting their money. And, their overall fortunes have…

May 30, 2017 BY Valentina Kirilova

Bats announces fee overhaul of EDGA Equities Exchange

Bats, a CBOE Holdings, Inc. (NASDAQ: CBOE) company, today announced a relaunch of its EDGA Equities Exchange, in response to industry feedback and debate on exchange fee structures. The change moves EDGA from an inverted pricing model – characterized by fees to ‘add’ and rebates to ‘remove’ liquidity – to a simple, low fee model.…

May 30, 2017 BY Valentina Kirilova

Two new BNP Paribas ETCs from precious metals sector launched on Xetra

ETCs provide access to performance of gold and palladium Two new exchange traded commodities (ETCs) issued by BNP Paribas Arbitrage Issuance B.V. have been tradable on Xetra and Börse Frankfurt since Tuesday. The new ETCs enable investors to participate in the performance of two precious metals: gold and palladium. Each ETC is based on the…

May 30, 2017 BY Valentina Kirilova

LSE Millennium Exchange release 9.2 Oslo Børs trading system

Millennium Exchange announced that has released its new version of Oslo Børs’ trading system. Application certification is required for all software applications before they can be used towards Oslo Børs’ trading system. The purpose is to ensure that new software applications accessing the trading system does not pose threats to the normal operation and stability…

Category: Exchanges