IIFM teams up with World Gold Council, improve access to gold market for Islamic investors LeapRate

March 30, 2018 BY Valentina Kirilova

IIFM teams up with World Gold Council, improve access to gold market for Islamic investors

On 28 March, the International Islamic Financial Market (IIFM) and World Gold Council have led the IIFM-WGC Industry Consultative Meeting on Gold Documentation and Products Standardisation in Istanbul, Turkey. The meeting was hosted by Borsa İstanbul and organized by the Islamic Finance Directorate. The meeting assessed current market practices with respect to identified gold related…

March 29, 2018 BY Valentina Kirilova

Broadridge buys ActivePath, enhances platform to help clients accelerate digital adoption

Broadridge Financial Solutions, Inc. (NYSE:BR), a global fintech firm, announced that it has completed the acquisition of ActivePath, an Israeli-based digital technology company. ActivePath’s technology enhances the consumer experience associated with consumer statements, bills, and regulatory communications. ActivePath extends Broadridge’s ability to transform and accelerate the pace of digital adoption, further strengthening Broadridge’s Governance and…

March 29, 2018 BY Valentina Kirilova

ECC granted Recognised Clearing House status by Monetary Authority of Singapore

The European Commodity Clearing (ECC) has announced that it has been given Recognised Clearing House (RCH) status by the Monetary Authority of Singapore (MAS). This will be ECC’s first regulatory license outside of Europe, representing a key milestone for ECC and CLTX, as part of EEX Group, in their shared global growth ambitions. The RCH…

March 28, 2018 BY Valentina Kirilova

The hidden index turnover costs: Solactive research

Solactive AG has just published a new research paper analyzing the additional cost paid by investors in order to passively track a benchmark. The selection of an index as a benchmark has been tied to the cheap cost to reference it; however, in this research paper, Solactive AG quantifies the additional turnover costs that investors…

Refinitiv enables greater efficiencies and choice for fixed income traders on Eikon

March 28, 2018 BY Valentina Kirilova

JHC Systems digital wealth management dashboard now available in Eikon App Studio

Wealth management fintech firm JHC Systems (JHC), has just announced that its digital dashboard for instant 360°portfolio monitoring, risk analysis and ongoing compliance checking, JHC Neon (Neon) is now available in the Eikon App Studio. Amer Attar, JHC’s Head of Alliances, commented that Neon’s fit with Eikon is “about as perfect as could be”. The…

March 28, 2018 BY Valentina Kirilova

Major banks adopt Droit fully-digitized MiFID II trade compliance solution

Six major global banks announced that they have adopted the first fully-digitized MiFID II trade compliance engine for the financial markets. The service from Droit Financial Technologies (Droit) was launched in January ahead of the MiFID II deadline, and instantly expands the ability of financial institutions to comply with the thousands of pages of MiFID…

March 28, 2018 BY Valentina Kirilova

CLS Group releases record trading volumes in February

CLS Group, the market infrastructure provider of risk mitigation services to the global FX market, has published its operating metrics for the month of February. February was the largest month ever for trading activity passed through the CLS settlement service. While this is clearly partly due to the market volatility seen at the start of…

big xyt Liquidity Cockpit delivers insight on systematic internalisers

March 27, 2018 BY Valentina Kirilova

big xyt delivers enhanced transparency on SI volumes under MiFID II

big xyt, the independent provider of high-volume, smart data and analytics capabilities, has announced the addition of enhanced functionality on its Liquidity Cockpit dashboard, providing greater transparency on over-the-counter (OTC) equities activity, including Systematic Internaliser (SI) transactions. The latest functionality, called ‘Liquidity Type’, has been developed in response to a strong desire among practitioners for…

Autochartist's market analysis tool now fully operational within TraderEvolution

March 27, 2018 BY Valentina Kirilova

Autochartist acquires Barry Ubsdell's forex news trading service Delkos Research

Retail FX trading tools provider Autochartist has announced that it has concluded the acquisition of a controlling stake in Delkos Research - a company providing forecasts and content for Futures and Forex brokers based around macro-economic news events. This is the second acquisition that Autochartist has concluded in 2018. Delkos’s News Events Trading Services (NETS) allows…

March 27, 2018 BY Valentina Kirilova

CMC Markets to distribute multi-asset liquidity via oneZero hub

FCA regulated online CFD brokerage house CMC Markets Institutional (LON:CMCX) has today announced a partnership with oneZero Financial Systems. The collaboration enables CMC Markets to disseminate its high-quality, multi-asset liquidity feed to a wider range of accredited counterparties, using a seamless automated solution for market connectivity and price distribution. More than 150 banks, brokerages and…

Category: Institutional