Category: Institutional

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March 07, 2018 BY Valentina Kirilova

Flexpoint backs Dash Technologies co-founders in management buy-out from GTCR

Dash Financial Technologies, provider of advanced multi-asset trading technology and execution services platforms, today announced that its co-founders, Peter Maragos and David Karat, have partnered with private equity investment firm Flexpoint Ford to acquire the Dash business from private equity firm GTCR in a management-led buyout. Mr. Maragos will continue to lead the business as…

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IOSCO issues statement on liquidity risk management recommendations for investment funds
March 07, 2018 BY Valentina Kirilova

IOSCO makes recommendations to help trading venues manage extreme volatility

The Board of the International Organization of Securities Commissions (IOSCO) has just informed that it is seeking feedback on its proposed recommendations to assist trading venues and regulatory authorities in the implementation of mechanisms to manage extreme volatility. Extreme volatility in securities markets can undermine IOSCO’s objective of ensuring that markets are fair, efficient and…

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DGCX and DIEDC team up to strengthen Dubai’s Islamic finance economy
March 05, 2018 BY LeapRate Staff

INTL FCStone named market maker for DGCX Sharia-compliant Spot Gold Contract

Commodities and Forex broker INTL FCStone Inc (NASDAQ:INTL) has announced that its Dubai-based subsidiary, INTL FCStone Commodities DMCC will serve as the market maker for the Dubai Gold & Commodities Exchange (DGCX) Sharia-compliant Spot Gold contract, which will be available for trading beginning on March 29, 2018. The release of this contract is a first for DGCX, and will…

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Marex Spectron launches Marex Financial Products structured note business
March 02, 2018 BY LeapRate Staff

Marex Solutions launches structured investment notes business

Marex Solutions, a division of global commodities broker Marex Spectron specialising in the manufacture of customised OTC derivatives, has launched a structured investment product offering. This new structured investment business customises notes, backed by Marex Spectron or third-party corporates, and includes capital protected, participation, yield enhancement and leveraged products on commodities, equities, foreign exchange, credit and…

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February 27, 2018 BY Valentina Kirilova

MTS launches government bond trading venue for Slovakia

MTS, part of London Stock Exchange Group (LSEG), today announced that it has launched an electronic interdealer trading venue for Slovak government bonds on MTS Cash. Slovakia has become the 20th country to join MTS Cash following a deal with ARDAL Over 100 unique counterparties trade on MTS Cash each day Average daily turnover exceeds…

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February 27, 2018 BY Valentina Kirilova

CC&G and CCP Austria sign landmark CCP clearing agreement

CC&G, part of London Stock Exchange Group, and CCP Austria announced that they have today entered into a partnership agreement whereby CC&G will provide technology–driven CCP Clearing and Risk Management services to CCP Austria. The five-year agreement is customer-focused and each legal entity will remain fully responsible for its own distinct CCP activity. This agreement…

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