Category: Institutional

July 12, 2018 BY Valentina Kirilova

Torstone Technology announces global agreement with ITI Capital

Torstone Technology, a provider of post-trade securities and derivatives processing, has today announced that ITI Capital, the brokerage and investment house for institutional investors and private clients, offering multi-asset agency execution services, has signed a multi-year agreement to utilise Torstone’s post-trade processing platform, Inferno. Torstone’s Inferno is a multi-asset, multi-entity cloud-based system, covering trade capture,…

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July 12, 2018 BY Valentina Kirilova

IdentityMind Global to ensure AML compliance for HBUS' virtual currency marketplace

IdentityMind Global has announced that HBUS, which operates an online virtual currency marketplace in the U.S., has selected IdentityMind to provide anti-money laundering (AML) compliance for its marketplace. HBUS is the exclusive U.S. strategic partner of Huobi, the provider of virtual currency related services. HBUS is dedicated to AML compliance and has already registered with…

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LCH goes live with CLS' deliverable FX Options clearing offering
July 11, 2018 BY Valentina Kirilova

LCH goes live with CLS' deliverable FX Options clearing offering

The global clearing house LCH today announced that it has launched deliverable FX options clearing. Barclays, Citi and J.P. Morgan are among the first participants to use the service, with further banks expected to shortly start clearing the product. The move incorporates the first physical FX settlement service for cleared FX products, which LCH has…

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CLS launches PvP settlement service for cleared FX derivatives
July 11, 2018 BY Valentina Kirilova

CLS launches PvP settlement service for cleared FX derivatives

CLS, a market infrastructure group delivering settlement, processing and data solutions, has today announced the launch of CLSClearedFX ─ the first payment-versus-payment (PvP) settlement service specifically designed for over the counter (OTC) cleared FX derivatives. The service will enable central counterparties (CCPs) and their clearing members to safely and effectively mitigate settlement risk when settling…

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Thomson Reuters and SAP to simplify pricing of cross-border transaction costs on SAP’s cloud platform
July 11, 2018 BY Valentina Kirilova

Thomson Reuters and SAP to simplify pricing of cross-border transaction costs on SAP’s cloud platform

Information giant Thomson Reuters (NYSE:TRI) has just announced the expansion of its strategic partnership with SAP (NYSE:SAP) to simplify converting cross-border transaction prices into a single currency, no matter where or when the transaction happens. The new SAP Cloud Platform-based solution, called SAP Market Rates Management, offers out–of-the-box connectivity to comprehensive pricing and reference data…

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TP ICAP volumes
July 10, 2018 BY Valentina Kirilova

TP ICAP revenues up 3% YoY in 1H 2018

Ahead of the interim results for the six months to 30 June 2018, to be announced on 7 August 2018, TP ICAP plc (the Company) has provided an update on trading and a change in leadership. Trading update Revenues for the six months to 30 June were 3% higher than the prior year at constant…

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FlexTrade integrates SmartStream RDU for MiFID II order ticket compliance
July 10, 2018 BY Valentina Kirilova

FlexTrade integrates SmartStream RDU for MiFID II order ticket compliance

FlexTrade and The SmartStream Reference Data Utility (RDU) have just announced the integration of the SmartStream RDU with the FlexTRADER EMS (execution management system). The integration offers mutual clients the ability to embed SmartStream RDU’s Systematic Internaliser (SI) Registry information directly into the send order ticket, providing much needed clarity on counterparty SI status, prior…

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Tradimo launches Derivatives Nanodiploma certified by Deutsche Börse
July 09, 2018 BY Valentina Kirilova

DFM adds more certified board secretaries for listed companies

Board secretaries play a crucial role in advancing corporate governance within companies by ensuring that the boards are compliant and that a healthy relationship exists between boards and management in listed companies. Therefore, the Dubai Financial Market (DFM) has informed that it has been collaborating with Hawkamah Institute for Corporate Governance (Hawkamah) in designing and…

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