Clearstream’s new offering takes T2S cross-border LeapRate

April 19, 2018 BY Valentina Kirilova

Clearstream’s new offering takes T2S cross-border

Deutsche Börse Group’s post-trade services provider Clearstream has announced that it has successfully migrated the Belgian, Dutch, French and Italian markets onto its new TARGET2-Securities (T2S) Investor-CSD model. It thereby brings the first real cross-border volume onto the ECB’s pan-European settlement platform. With this move, the vision of a harmonized settlement landscape for securities across…

April 19, 2018 BY Valentina Kirilova

CLS Group releases record trading volumes in Q1 2018

CLS Group, the market infrastructure provider of risk mitigation services to the global FX market, has published its operating metrics for the month of March. These show that Q1 2018 has been a record for CLS with the highest traded volumes submitted to the service ever, topping Q1 2013. Average daily traded volume submitted…

April 19, 2018 BY Valentina Kirilova

Chubb launches proprietary online Cyber Risk Index

Chubb, cyber risk assessment and underwriting company, has announced that it has launched its Chubb Cyber IndexSM, a new interactive platform that showcases nearly two decades worth of Chubb's proprietary commercial cyber claims data. The Index is designed to highlight a range of cyber threats based on an organization's industry and size. We're thrilled to…

April 17, 2018 BY Valentina Kirilova

SSW selects Cboe Europe as technology provider

Cboe Global Markets, Inc. (Nasdaq: CBOE) has just informed that SSW, an innovative pan-European liquidity provider in a very broad universe of instruments, has started its Systematic Internaliser (SI) business by utilising Cboe Europe’s SI technology services to efficiently connect to and service their clients. Cboe offers a comprehensive suite of SI services for participants…

April 17, 2018 BY LeapRate Staff

Exclusive: CySEC licensed institutional FX broker PositivaFX acquired and rebranded to ATFX, expands to Retail

LeapRate Exclusive... LeapRate has learned that ATFX has expanded to Cyprus, acquiring control of CySEC licensed institutional FX broker PositivaFX. ATFX is a co-brand shared by a number of different entities globally including FCA regulated AT Global Markets (UK) Limited in the United Kingdom, ATFX Global Markets (CY) Limited in Cyprus, AT Capital Markets Limited…

April 17, 2018 BY Valentina Kirilova

China futures broker Holly chooses Horizon market making platform

Horizon Software, the global provider of electronic trading and investment management technology, has announced that Holly Futures, China futures company, has selected Horizon’s Platform for market making for iron ore and corn futures on the Dalian Commodity Exchange (DCE). Holly Futures Co., Ltd. is a large-scale futures company approved by the China Securities Regulatory…

April 16, 2018 BY Valentina Kirilova

Fortytwo Data appoints Luca Primerano as Chief AI Officer

Anti-money laundering (AML) and Big Data specialist Fortytwo Data has announced that it has appointed machine learning expert Luca Primerano as Chief AI Officer. The firm, based in the City of London, is the only company bringing true machine learning solutions to the field of AML at present. CEO Julian Dixon hopes the new position’s…

April 12, 2018 BY Valentina Kirilova

NEX and DTCC-Euroclear team up to further streamline margin call processes

DTCC-Euroclear Global Collateral Ltd (GlobalCollateral), a joint venture of Euroclear and The Depository Trust & Clearing Corporation (DTCC), and NEX (LON:NXG) a financial technology company at the centre of the global markets, have announced a new partnership to streamline and improve OTC derivatives margin call processes. As a new member of the GlobalCollateral Partner Program,…

April 11, 2018 BY Valentina Kirilova

MarketInvoice teams up with NatWest to fund British businesses

Business finance company MarketInvoice has announced that it joins a select group of alternative finance firms on NatWest’s Capital Connections panel. Capital Connections helps SMEs to access alternative sources of capital after being unable to secure traditional financial backing. Business customers are signposted to the panel of innovative sources of finance including equity crowdfunding, marketplace…

April 11, 2018 BY Valentina Kirilova

AxiomSL launches end-to-end solution to address complex IFRS 17 requirements

AxiomSL, the provider of regulatory reporting and risk management solutions, has announced the launch of its IFRS 17 solution, which offers an industrialised end to end process to efficiently address the highly intensive IFRS 17 requirements. AxiomSL’s IFRS 17 solution provides automation with strong data management, reconciliation, flexibility and traceability capabilities whilst reducing the Total…

Category: Institutional