GMEX Group (GMEX), an established provider of services in financial markets, has just announced that it has teamed up with the Digital Asset Group (DAG), a financial service provider. The Joint Venture (JV) will be the first fully-integrated financial group servicing this emerging sector; bringing together the practices of regulated banking, finance and exchanges with…
Read moreFX brokerage group Gain Capital Holdings Inc (NYSE:GCAP) has made a surprise move by exiting the institutional FX business, announcing that it reached a definitive agreement to sell the company's GTX ECN business. GTX, an institutional platform for trading foreign exchange, will be sold to Deutsche Boerse AG (FRA:DB1), a leading diversified exchange organization providing…
Read moreTORA, provider of the industry’s advanced cloud-based order and execution management system (OEMS), has just announced that it has partnered with Trax, the post-trade services and European market data division of MarketAxess, to help their mutual clients meet MiFID II trade and transaction reporting requirements. This development is the latest in a range of solutions…
Read moreNEX Markets, a NEX Group (LON:NXG) business that provides electronic trading technology services in the fixed income and foreign exchange (FX) markets, has just announced that Bloomberg FX (BFIX) rates will be added to the NEX eFix Matching Service, which enables customers to execute fixing interest electronically via the EBS Market platform. The BFIX benchmark…
Read moreJoVE has just announced that it has expanded its partnership with the European Commission's Joint Research Centre (JRC), and the 3,000 researchers working at the JRC's six locations. As the publisher of the world's only peer-reviewed scientific video journal, JoVE is committed to contributing to the Centre's research productivity and experimental reproducibility. To that end,…
Read moreLeapRate Exclusive... LeapRate has learned that FCA regulated, London based institutional FX broker FIXI plc has raised an additional £2.2 million (USD $3.0 million) in capital from its shareholders, and hired a number of senior executives, ahead of a planned expansion into Retail FX. First, regarding the fundraising.... FIXI shareholders led by Goran Drapac -…
Read moreRetail 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…
Read moreLondon 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…
Read moreWells Fargo Asset Management (WFAM) announced the launch of the Global Equity Absolute Return Fund, a sub-fund of the Wells Fargo (Lux) Worldwide Fund, on 26 April 2018. The new fund broadens the current international product suite. The fund is UCITS (Undertakings for Collective Investment in Transferable Securities) compliant and available to both institutional and…
Read moreHorizon 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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