Category: Institutional

April 26, 2018 BY Valentina Kirilova

Gil Mandelzis' new FX credit switching venture Capitolis goes live with Citi, Jefferies and FXCM

Capitolis, the pioneering technology provider for the capital markets, has just announced it is live with its foreign exchange credit switching service, Capitolis Switch. Capitolis raised $29 million of venture capital funding earlier this year from Silicon Valley VCs Index Ventures and Sequoia Capital ($20 million led by Index Ventures, and a prior $9 million…

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April 25, 2018 BY Valentina Kirilova

The future of banking – evolution, revolution or a big bang?

Mr Ong Chong Tee, Deputy Managing Director, Monetary Authority of Singapore (MAS), has made a curious speech at this year's German-Singaporean Financial Forum. Mainly discussing Singapore and Germany's relations, Ong Chong Tee's speech also included the future of banking, open banking, as well as the role of financial regulators. His complete commentary can be seen…

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April 25, 2018 BY Valentina Kirilova

Fiserv launches FinKit for Open Banking

Fiserv, Inc. (NASDAQ: FISV), a global provider of financial services technology, has just announced that it has launched FinKit™ for Open Banking to help financial institutions meet and keep pace with rapidly unfolding regulations. The move toward open banking, driven by the European Union's Second Payment Services Directive (PSD2) and the United Kingdom's Open Banking…

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April 23, 2018 BY Valentina Kirilova

ASIC and Australian Government Department of Jobs and Small Business sign MoU

The Australian Securities and Investments Commission (ASIC) and the Australian Government Department of Jobs and Small Business (DJSB) have today announced the signing of a Memorandum of Understanding (MOU). ASIC Commissioner John Price and Secretary of the Department of Jobs and Small Business, Ms Kerri Hartland, today announced the MOU to facilitate the agencies working…

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April 23, 2018 BY Valentina Kirilova

FXCM Group and Jefferies Financial Services expand FX Prime Brokerage relationship

Retail forex broker FXCM Group, LLC together with Jefferies Financial Services, Inc. a wholly-owned subsidiary of Jefferies Group LLC, has announced that the two companies have expanded their FX Prime Brokerage relationship. Jefferies is quickly becoming a preeminent service provider in the prime brokerage space and we’re very happy to be expanding our relationship with…

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April 23, 2018 BY Valentina Kirilova

ICAP launches new Australian Energy Hub

ICAP Energy Australia and New Zealand, part of interdealer broker TP ICAP group, has just announced the launch of its new Australian Energy Hub, which will provide greater price transparency in the Australian gas market. The Energy Hub builds on the existing capability of the ICAP Fusion platform, which currently provides volume matching sessions for the…

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April 20, 2018 BY Valentina Kirilova

NSD conducts first Federal Treasury repo auction with a floating rate

On 12 April 2018, Russia’s Federal Treasury has informed that it has successfully conducted its first repo auction with a floating rate via National Settlement Depository’s Collateral Management System (CMS). The amount of concluded transactions reached RUB 60.7 billion. Federal Treasury repos with a floating rate is a new product in NSD’s CMS product range.…

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April 20, 2018 BY Valentina Kirilova

HSBC strengthens energy policy

HSBC Holdings plc (NYSE:HSBC) has announced a withdrawal from the coal fired power sector, as part of its efforts to support a transition to a low-carbon economy. In 2011, HSBC decided to significantly restrict its support for new coal-fired power plants and effectively ceased financing them in 78 developed countries. It will now stop financing…

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April 19, 2018 BY Valentina Kirilova

Visible Alpha receives ISO 27001 certification

Visible Alpha has just announced that it has received ISO 27001 certification from Schellman & Company, LLC, an ANAB and UKAS accredited Certification Body based in the United States for its information security management system (ISMS) supporting the Visible Alpha Services. ISO 27001 Certification published by the International Organization for Standardization is the leading international…

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