Forex ECN FastMatch has announced that individuals may now purchase FX Tape data from its website at a cost of €40 a month. Payment can be made by credit card. FastMatch launched its FX Tape service in September, as a new and innovative market data product that improves post-trade transparency in FX markets and allows market…
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Electronic trading firm NEX Group PLC (LON: NXG) has reported its results for the first half of Fiscal 2018 (for the six month period to September 30, 2017, fiscal year-end is March 31, 2018), indicating healthy continued Revenue growth in some of the company's key units, including its Forex ECN unit, EBS. However profits were down,…
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Qualcomm Incorporated (NASDAQ: QCOM) today announced that Qualcomm River Holdings B.V., an indirect wholly owned subsidiary of Qualcomm, has extended the offering period of its previously announced cash tender offer to purchase all of the outstanding common shares of NXP Semiconductors N.V. (NASDAQ: NXPI). The tender offer is being made pursuant to the Purchase Agreement,…
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JPMorgan Chase & Co. (NYSE: JPM) has announced that on December 18, 2017 (the “Liquidation Date”), the Delaware trusts that issued the below seven series of trust preferred securities (the “Trust Preferred Securities”) will be liquidated, the Trust Preferred Securities and the trust common securities (the “Trust Common Securities”) issued by those trusts will be…
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Through a strategic alliance and the acquisition of a 10% stake in Caple, BNP Paribas Asset Management (‘BNPP AM’) is announced that it is now providing an innovative platform to offer alternative credit to European small and medium-sized enterprises (‘SMEs’). Caple facilitates access to alternative credit for SMEs, working with international institutional investors to address…
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Cboe Global Markets, Inc. (Nasdaq: CBOE) today announced its foreign exchange (FX) market, Cboe FX, reported record market share of 14.5% in October, surpassing its previous record of 13.6% set in December 2013. Year-over-year, Cboe FX ADV increased 26.7% to $32.0 billion in October. The record performance was driven by a number of factors, including…
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Visible Alpha announced today the acquisition of Alpha Exchange, an innovative research discovery and management platform for investment professionals. The addition of Alpha Exchange’s advanced technology platform to Visible Alpha’s existing services will create a unified consumption and collaboration experience across research reports, analyst models and corporate access events backed by a robust compliance framework.…
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NEX Group PLC (LON:NXG)’s post trade division NEX Optimisation announced today that it has introduced capital valuation adjustment (KVA) analytics to its triCalculate XVA (Valuation Adjustment) service. KVA calculations determine the lifetime costs of capital as part of the pricing of an OTC derivative. Pricing trades correctly is critical to ensuring accurate credit risk, counterparty…
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Thomson Reuters (NYSE:TRI) announced the latest version of ONESOURCE Indirect Tax, the company’s intelligent, end-to-end global tax automation solution. Available in the cloud for simplified deployment and maintenance, the new release offers both shared and dedicated cloud options, addressing the needs of mid-sized businesses and large multinationals alike. The cloud tax solution automates tax calculation…
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New automated solution leverages sophisticated analytics, correlation capabilities to cut trade reconstruction time from days to minutes, and improve responsiveness to regulators NICE Actimize, a NICE (Nasdaq:NICE) company, just announced that rapid trade reconstruction is mandated by the global-reaching MiFID II, MAR, Code of Conduct and Dodd-Frank regulations, and in most cases with a demanding 72-hour…
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