Category: Institutional

May 22, 2018 BY Valentina Kirilova

FXCM Group completes integration with PrimeXM’s XCore technology

Retail FX broker FXCM has reported that its institutional department, FXCM Pro, has gone live with PrimeXM’s XCore technology. Institutions seeking an ultra-low latency order management, risk and reporting solution, which can report both real-time and post trade to brokers, regulators and back-office systems, can now connect via FXCM Pro. FXCM is delighted to announce…

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May 22, 2018 BY LeapRate Staff

NEX Group revenues up 9% in FY2018, Forex ECN EBS up just 4%

London based electronic trading firm and exchange operator NEX Group PLC (LON: NXG) has announced its 2018 fiscal year results for the 12 months ended March 31, 2018, indicating modest but healthy growth across most of its business lines. This is likely the last standalone financial year report for NEX, as the company has agreed…

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May 21, 2018 BY Valentina Kirilova

Horizon Software expands its footprint in Indonesia

Horizon Software, the provider of electronic trading solutions and algorithmic technology, announced today its intention to expand into the growing Indonesian market during 2018. With the largest economy in Southeast Asia, Indonesia is hugely significant for the development of the region’s financial sector. Horizon has been working closely with a number of institutions in Indonesia’s…

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May 18, 2018 BY Valentina Kirilova

Avelacom launches new Warsaw PoP at Atman Data Center

Global connectivity provider Avelacom just announced that it is expanding its footprint in Warsaw making it easier for latency sensitive clients in the financial services industry to access emerging markets in Europe. Avelacom selected Atman Data Center colocation facility for its established connections with electronic trading ecosystem. Atman has a well-established position as a DC provider…

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May 18, 2018 BY Valentina Kirilova

ANZ to sell its 55% stake in Cambodian JV ANZ Royal Bank

ANZ Bank New Zealand has just announced it had reached an agreement to sell its 55% stake in Cambodian JV ANZ Royal Bank to J Trust, a Japanese diversified financial holding company listed on the Tokyo Stock Exchange. The decision to sell the stake is in line with ANZ Group’s ongoing strategic review of international…

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May 16, 2018 BY Valentina Kirilova

CLS Group April volumes down 4% MoM in April

CLS Group, the market infrastructure provider of risk mitigation services to the global FX market, has published its operating metrics for the month of April. It shows a year on year increase of 17.2%. The average daily traded volume submitted to CLS was USD1.777 trillion down 4.2% from USD1.855 trillion in March 2018.   Average daily…

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May 16, 2018 BY Valentina Kirilova

Thomson Reuters launches AI to filter media content in fight against financial crime

Information giant Thomson Reuters (NYSE:TRI) announced that it has enhanced its World-Check One platform with the launch of Media Check, a unique media screening and processing feature powered by artificial intelligence (AI) that helps address the regulatory and reputational consequences of overlooking key data in the fight against financial crime. Media Check’s machine learning capability…

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May 15, 2018 BY Valentina Kirilova

ADS Investment Solutions licenses new FTSE Russell Saudi Arabia index

Two months after promoting Saudi Arabia to Emerging Markets status, FTSE Russell has announced that it has launched a new Saudi Arabia-focused index. The FTSE ADS Custom Saudi Minimum Variance Index has been developed in collaboration with Abu Dhabi-based international financial services company, ADS Investment Solutions. The index has been licensed by ADS Investment Solutions…

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