Category: Institutional

May 15, 2018 BY LeapRate Staff

FastMatch monthly revenues edge up to €1.7 million in Q1-2018

Financial markets operator Euronext NV (EPA:ENX) has released its quarterly financial report for Q1-2018, indicating healthy growth across most of its business lines, including 16% top line Revenue growth. Euronext indicated that its recently acquired Forex ECN business, FastMatch, also did fairly well in Q1, with FastMatch revenues totaling €5.2 million (USD $6.2 million) in Q1,…

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May 11, 2018 BY Valentina Kirilova

Optimove acquires email personalization tool DynamicMail

Optimove, makers of the Science-first Relationship Marketing Hub, announced that it acquired DynamicMail business from PowerInbox, a leader in email real-time personalization and dynamic subscriber engagement. The first real digital marketing tool, email is still one of the most effective platforms in relationship marketing. That said, there is a huge opportunity to bring the type…

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May 10, 2018 BY Valentina Kirilova

Scotiabank to acquire 51% of Banco Cencosud in Peru

Scotiabank announced that its Peruvian subsidiary, Scotiabank Peru, has reached an agreement with Cencosud Peru to acquire a 51% controlling interest in Banco Cencosud, which offers credit cards and consumer loans in Peru, for approximately CAD $130MM. Under the terms of the agreement, the two companies will also enter into a 15-year partnership to manage…

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May 10, 2018 BY Valentina Kirilova

TP ICAP revenue up 3% in four months period

TP ICAP plc has issued a scheduled trading update in relation to the four month period from 1 January 2018 to 30 April 2018. Revenue in the four months of £601 million was 3% higher than the prior period, consistent with its full year guidance in March. Trading was marked by improved conditions in rates…

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May 09, 2018 BY Valentina Kirilova

Dukascopy Bank SA launches new office in Dubai

Geneva based Retail FX broker and bank Dukascopy has just announced the opening of its Representative Office in Dubai (DIFC). The establishment of the office in Dubai follows the earlier opening of the Moscow, Hong Kong, Kiev, Kuala Lumpur and Tokyo offices, and is a part of the global expansion strategy of Dukascopy Group. The…

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May 09, 2018 BY Valentina Kirilova

Jitneytrade uses Ullink's bridge for connectivity and pre-trade risk in Canadian equities market

Ullink, the global provider of connectivity and electronic trading solutions, has announced that Jitneytrade Inc., a direct access broker specializing in active traders, is using UL BRIDGE as its connectivity and pre-trade risk gateway to the Canadian equities market. Canadian regulation required Jitneytrade to have pre-trade risk monitoring of all direct electronic market access. When…

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May 08, 2018 BY LeapRate Staff

Market maker Virtu launching $500 million secondary share offering

Virtu Financial, Inc (NASDAQ:VIRT), a technology enabled global market maker, has announced the commencement of an underwritten secondary offering of 15,000,000 shares of its Class A common stock. At Tuesday's close of $33.35 per share, the offering size is aimed to be $500 million. The selling stockholders, Mr. Vincent Viola, Virtu's founder and Chairman Emeritus, TJMT Holdings LLC…

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May 04, 2018 BY Valentina Kirilova

Thomson Reuters expands wealth management brokerage processing platform BETA

Information giant Thomson Reuters (NYSE:TRI) announced that it has expanded its North American wealth management brokerage processing platform, BETA, to include automated international post-trade processing for multi-market and multi-currency securities, representing a significant advancement in a continuous effort to better serve both retail and institutional clients. Powered by NRI’s I-STAR/GX platform, Thomson Reuters North American…

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