Category: Institutional

April 10, 2018 BY Valentina Kirilova

Quantitative Brokers announces partnership with CQG

Quantitative Brokers (QB), an independent, global financial technology company providing advanced algorithms and data-driven analytics to clients in the Futures and US Cash Treasury markets, announced that it has partnered with CQG, a global provider of high-performance trading, market data, and advanced technical analysis tools. This partnership has been made to offer QB’s suite of…

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April 05, 2018 BY Valentina Kirilova

Abel Noser Holdings to acquire Zeno Consulting Group

Abel Noser Holdings, LLC has announced that it is acquiring Zeno Consulting Group, LLC in a transaction pairing two providers of best execution analysis, regulatory and trade surveillance services. Zeno brings with it over three decades of experience in helping asset owners manage and control equity, fixed income and FX trading costs. We are thrilled…

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April 05, 2018 BY Valentina Kirilova

CLS and NEX expand triReduce CLS FX service to third parties

CLS, a market infrastructure group delivering settlement, processing and data solutions, and NEX (LON:NXG), a financial technology company at the centre of the global markets, announced today that they are extending the triReduce CLS FX service to third parties. Banks, funds, non-bank financial institutions and multinational corporations that settle in CLSSettlement through a settlement member…

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April 05, 2018 BY Valentina Kirilova

ClickIPO and TradeStation to provide IPO access

TradeStation Securities, Inc., a fully owned subsidiary of Monex Group, Inc. (TYO:8698), and ClickIPO Securities, LLC have just announced that are making the ClickIPO platform available to eligible TradeStation clients so they may gain access to ClickIPO’s marketplace of initial public offerings, secondary offerings and follow-on offerings (collectively, “Public Offerings”). The ClickIPO app for iOS…

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April 04, 2018 BY Valentina Kirilova

NEX Group market volumes drop in March

NEX Group plc (LON:NXG), a financial technology company at the centre of global markets, announced today its trading statement for the month of March 2018. Spot FX results were down 14% MoM to 92.7. US Treasury’s numbers have also plunged with 21% from February's 238.7. The complete results can be seen in the table below:…

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April 04, 2018 BY Valentina Kirilova

Japanese corporate Mitsui & Co joins CLSSettlement

The market infrastructure group delivering settlement, processing and data solutions company CLS has announced today the first Japanese corporate to join CLSSettlement via third-party access. Mitsui & Co, a Japanese general trading company with a diverse business portfolio including machinery, chemicals, logistics, finance and natural resources, is now settling its FX transactions in CLSSettlement via…

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April 03, 2018 BY Valentina Kirilova

AxiomSL teams up with Genpact for bespoke IFRS 9 solution

AxiomSL, a provider of regulatory reporting and risk management solutions, has announced the strategic partnership with Genpact, a global professional services firm that delivers digital transformation for clients, to automate and execute bespoke models for IFRS 9. The solution industrialises the rating model process and combines all the building blocks and calculation flows for IFRS…

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April 03, 2018 BY Valentina Kirilova

CME Group with highest ever quarterly ADV in 1Q 2018, up 30% YoY

Derivatives marketplace CME Group Inc (NASDAQ:CME) has announced it has reached an all-time high quarterly average daily volume (ADV) of 22.2 million contracts during first-quarter 2018, up 30% from first-quarter 2017. Highlights include: Record quarterly average daily volume (ADV) in five of six asset classes Record quarterly ADV across Options Record Eurodollar futures ADV of…

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April 03, 2018 BY Valentina Kirilova

OCC cleared contract volume up 15% in March

Equity derivatives clearing organization OCC has announced that total cleared contract volume in March reached 442,945,572 contracts, a 15% increase from March 2017. Highlights include: Highest first quarter volume and highest first quarter for equity options on record Cleared futures average daily volume for quarter up six percent from Q1 2017 Index options volume up…

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April 02, 2018 BY LeapRate Staff

FXSpotStream reports another strong month with March FX volumes at $27.5 billion ADV

After two consecutive record months for FX trading volumes to start 2018, multibank FX aggregation service FXSpotStream has announced that March volumes came in at $27.5 billion ADV - slightly (4%) below February's record $28.8 billion ADV, but still topping January’s $26.3 billion making March 2018 FXSpotStream’s second best month ever. FXSpotStream’s previous volume record coming…

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