Category: Institutional

STOXX Low Carbon products licensed to Italian bank IMI
February 05, 2018 BY Valentina Kirilova

iSTOXX Diversity Impact Select Indices licensed to Goldman Sachs

STOXX Ltd., the operator of Deutsche Boerse Group’s index business, and a global provider of innovative and tradable index concepts, today announced that the iSTOXX Global Diversity Impact Select 30 Index and the iSTOXX Europe Diversity Impact Select 30 Index were licensed to Goldman Sachs as an underlying for the issuance of structured products. We…

Read more
February 05, 2018 BY Valentina Kirilova

ELITE partners with Monsha’at to launch ELITE Saudi Arabia

ELITE, London Stock Exchange Group’s international business support and capital raising programme for high-growth companies, today announced that it has partnered with the Small and Medium Enterprises Authority in Saudi Arabia (Monhsa’at) to support the launch of ELITE in Saudi Arabia. Twenty ambitious Saudi small and medium sized companies (SMEs) have been unveiled today as…

Read more
Cboe volumes
February 05, 2018 BY Valentina Kirilova

Cboe Europe Equities reports record month for Cboe LIS

Cboe Global Markets, Inc. (Nasdaq: CBOE) today announced volume and highlights for Cboe Europe Equities for January 2018, summarising the first month of equities trading under MiFID II. January highlights include the following: Cboe Periodic Auctions sees significant uptake: The Cboe Periodic Auctions book reported a record month of volume trading more than €6.5 billion…

Read more
Eurex volumes
February 05, 2018 BY Valentina Kirilova

Eurex Clearing announces successful start of the year

Eurex Clearing, a part of Deutsche Börse Group, noted a strong increase in demand for its OTC clearing services. In January, the Average Daily Volume cleared in the OTC interest rate segment increased by factor seven to 35 billion Euro from 5 billion Euro in 2017. We are very pleased that our partnership program is…

Read more
saxo privatbank
February 05, 2018 BY Valentina Kirilova

Saxo Bank sells Privatbank to Alm for US$60 million

Copenhagen based Saxo Bank's new ownership group is moving rapidly to reshape the company, with the latest move being a just-announced sale of one of its major units for USD $60 million, alongside a new partnership with the buyer. Saxo Bank announced this morning the sale of subsidiary Saxo Privatbank, a fully licensed retail bank with…

Read more
acquisition
February 02, 2018 BY Valentina Kirilova

Integrated Asset Management Corp. announces acquisition financing for Blackstone Industrial Services

Integrated Asset Management Corp. (TSE:IAM) announced the closing on January 30, 2018 of a $8,000,000 senior loan to Blackstone Industrial Services. The capital raised by Blackstone Industrial Services will be used to acquire Nuovo Parts, a specialty Italian parts reseller in North America. Blackstone Industrial Services is a Canadian-based equipment service firm focused on critical…

Read more
cme group fx volumes
February 02, 2018 BY Valentina Kirilova

CME Group’s strong January sees record FX trading volumes in NZD, Rupee, and E-Micro futures

Derivatives marketplace CME Group (NASDAQ:CME) today announced that January 2018 average daily volume (ADV) reached 19 million contracts, up 18 percent from January 2017, and representing the second-highest monthly ADV ever. During January 2018, there were nine trading days above 20 million contracts, compared with 34 days in all of 2017, and eight in November…

Read more
LMAX Exchange trading floor
February 01, 2018 BY LeapRate Staff

LMAX Exchange buys out Paddy Power Betfair stake for £21.9M with Silicon Valley Bank funding

Institutional FX exchange provider LMAX Exchange Group has announced that it has completed an equity purchase of Paddy Power Betfair plc’s remaining stake in the business. The 31.35% stake (or 187,811 shares) was bought from Paddy Power Betfair for £21.945 million, valuing LMAX Exchange at £70 million. The buyback brings 95% of the company under the control…

Read more
February 01, 2018 BY Valentina Kirilova

Venzee Technologies and BTL Group Ltd announce partnership

Venzee Technologies Inc.(CVE:VENZ) announced a partnership with BTL Group Ltd (CVE:BTL) that will bring together the Company's data transformation solution, Mesh, with BTL's blockchain development platform, Interbit™. Using artificial intelligence, Mesh is able to import, merge and transform data from existing systems before writing to blockchain networks, greatly simplifying the process of integrating blockchain networks…

Read more