Leading off our retail and institutional FX volume results reports for the first month of 2018, GTX - the institutional FX arm of retail forex broker Gain Capital Holdings Inc (NYSE:GCAP) - has reported that it saw record activity in January 2018. GTX ECN set an average daily volume record $13.9 billion, beating the previous $13.3…
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The Depository Trust & Clearing Corporation (DTCC), the post-trade market infrastructure for the global financial services industry, today announced the start of a new era of buyside participation in the cleared repo market as State Street Bank and Trust Company and funds managed by Capula Investment Management LLP, complete the first cleared sponsored repo transactions…
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Ullink, the global provider of electronic trading and connectivity solutions to the financial community, announced today that Alantra Equities (formerly known as N+1 Equities) has gone live with Ullink’s high-touch order management system (OMS) ODISYS and NYFIX connectivity hub. Alantra Equities, the Spanish equities broker division of the global mid-market investment banking and asset management…
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Eze Investment Suite to power operations for USD100M start-up Eze Software, a global provider of investment technology, announced that it has signed on QQQ Capital Pte Ltd., Singapore’s new long-term value hedge fund manager, to use Eze Investment Suite to automate its operations. QQQ Capital will be launching the QQQ Capital Feeder Fund, a USD100…
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Assetz Capital, one of the UK’s largest Peer-to-Peer platforms, just announced it has launched its Innovative Finance ISA (IFISA). IFISA is available as a wrapper on all automated investment accounts, with the Manual Lending Account also set to be allowed into the ISA in early 2018. In a change with convention in the marketplace, this…
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Fintech company Finastra just announced that it has acquired Olfa Soft SA and its FX e-trading platform for banks and financial institutions. The move enables Finastra to deliver a unique end-to-end real-time eFX trading solution for banks’ treasury departments, covering distribution, position-keeping, post-trade and payments. Finastra was formed by the merger last year of rival…
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West Corporation (West) and Nasdaq, Inc. (Nasdaq:NDAQ) jointly announced today that West has entered into a definitive agreement to acquire the public relations (Public Relations Solutions) and webcasting and webhosting (Digital Media Services) products and services within Nasdaq’s Corporate Solutions business for approximately $335 million, subject to adjustments. Public Relations Solutions and Digital Media Services…
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All major NYSE Group data feeds now available on Options platform Options, the provider of global market data and colocation services for trading firms, has today announced direct access to the NYSE Integrated Feed. The new service will be available to clients leveraging Options’ ultra-low latent connectivity and managed colocation platform in Mahwah, Carteret, NY4…
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Information giant Thomson Reuters (NYSE:TRI) said in a statement issued late on Monday that “it is in advanced discussions with Blackstone regarding a potential partnership in its F&R business.” According to an entry on a website popular with current and former Reuters staff, Thomson Reuters is in advanced discussions with the US private equity buyout firm…
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Colt Technology Services has announced that it will bolster its On Demand SDN service by expanding further into the Asia Pacific region, with the end goal being to deliver a truly global service. Connectivity is an important part of Colt’s expansion strategy, which extends to ensuring customers are provided with a superior customer experience, through…
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