MAS announces oversubscription of Singapore Savings Bonds LeapRate

January 29, 2018 BY Valentina Kirilova

MAS announces oversubscription of Singapore Savings Bonds

The Monetary Authority of Singapore (MAS) announced today that the Singapore Savings Bond (SSB) which was opened for application in January 2018 (SBFeb18) was oversubscribed. More than 6,300 investors submitted applications totalling approximately S$172 million, exceeding the issuance size of S$150 million. As a result of the oversubscription, some investors will not receive the full…

January 29, 2018 BY Valentina Kirilova

State Street partners with BestX to provide innovative transaction cost analysis offering

State Street Corporation (NYSE: STT) announced today FX Connect, its FX execution venue, will partner with trade technology software provider BestX in order to offer transaction cost analysis (TCA) solutions globally. With a continued emphasis on best execution driven by regulation, market participants are increasingly looking for holistic solutions to be compliant,” said David Newns,…

January 29, 2018 BY Valentina Kirilova

Cboe to list Mini-SPX Index (XSP) Wednesday-expiring weekly options

Cboe Global Markets, Inc. (Nasdaq: CBOE) today announced that it plans to list Wednesday-expiring weekly options on the Cboe Mini-SPX Index (XSP), beginning January 30, 2018. Cboe’s new XSP Wednesday-expiring WeeklysSM offer the features of S&P 500® Index (SPX) Weeklys options, but at 1/10th the contract size. Essentially, XSP Weeklys options allow investors to efficiently…

January 29, 2018 BY Valentina Kirilova

FlexTrade integrates BestX FX trade execution analytics into its FlexTRADER EMS

Multi-asset execution and order management systems company FlexTrade today announced the integration of the BestX trade analytics solution for FX within its FlexTRADER EMS. With a fully interactive interface, users can use BestX to analyse their FX executions in real-time, delivering transparency to enable better decision making whilst meeting the needs of MiFID II compliance…

January 29, 2018 BY Valentina Kirilova

NEX Group’s Opportunities fund participates in $28 million round by fintech cloud company Duco

Duco, the data engineering technology company, today announced the completion of a $28m investment round by Insight Venture Partners, NEX Opportunities, a NEX Group (LON:NXG) business, and Eight Roads Ventures. The round also includes an investment by lifetime entrepreneur and former CEO of SunGard, Cristóbal Conde. NEX and Duco already cooperate with NEX using Duco’s Cube…

January 26, 2018 BY Valentina Kirilova

Sun Trading to utilise Cboe Europe Equities systematic internaliser services

Cboe Global Markets, Inc. (Nasdaq: CBOE) today announced that Sun Trading, a liquidity provider in the European equities market, will utilise Cboe Europe Equities’ suite of MiFID-II compliant Systematic Internaliser (SI) services, which include SI quote distribution, bilateral connectivity and matching services, and trade reporting. Sun Trading is a global electronic market maker, providing liquidity…

January 25, 2018 BY Valentina Kirilova

Solactive launches Sustainability Index Europe developed with Deutsche Bank

Solactive today announced the launch of the Solactive Sustainability Index Europe, which was developed with Deutsche Bank, and is designed to track the performance of environmentally and socially responsible European companies, based on the data-driven platform Arabesque S- Ray®. Arabesque S-Ray® is the first tool of its kind that uses machine-learning and algorithm- based technology…

January 24, 2018 BY Valentina Kirilova

Powernext and PJSC UKRTRANSGAZ sign MoU to evaluate possible cooperations in Ukraine

Powernext and the Ukrainian gas network operator PJSC UKRTRANSGAZ announced that they have signed a Memorandum of Understanding in order to evaluate possibilities for a cooperation. Powernext would bring its European experience in offering market-based tools to infrastructure operators while PJSC UKRTRANSGAZ would bring its knowledge of the Ukrainian gas market. Today, the national yearly…

January 24, 2018 BY Valentina Kirilova

INTL FCStone Inc. expands trading operations with full-service broker-dealer in Brazil

INTL FCStone Inc. (NASDAQ: INTL) today announced that its wholly owned subsidiary, INTL FCStone DTVM Ltd ("the Company") is now fully operational as a broker-dealer in Brazil and has begun onboarding accounts in that country. As a registered broker-dealer, the Company will further its commitment to the Brazilian marketplace while expanding its global trading operations.…

January 23, 2018 BY Valentina Kirilova

Rival completes certification for Cboe Futures Exchange migration to Bats technology platform

Rival Systems, a provider of trading and risk management software, today announced that the firm has already established readiness for the February 25 planned migration of Cboe Futures Exchange (CFE) onto the Bats technology platform. Rival has completed testing and received certification by the exchange for the integration of market data and order entry technology,…

Category: Institutional