BME Clearing, the Central Counterparty (CCP) operated by BME, informed that it will expand its current energy segment to incorporate gas derivatives as of the first quarter of 2018. The objective of these new contracts is to offer a service that meets the needs of clients, broaden the service range and foster the development of…
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Derivatives marketplace operator CME Group Inc (NASDAQ:CME) today announced the launch of Black Sea Wheat FOB (Platts) and Black Sea Corn FOB (Platts) financially settled futures contracts, to begin trading on December 18, 2017, pending all relevant regulatory review periods. The financially settled contracts will each be offered with two settlement periods, providing greater customer…
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FX brokerage group Gain Capital Holdings Inc (NYSE:GCAP) has reported its operating metrics for the month of October 2017. Institutional FX volumes were down 10% MoM in October – from $279.0 billion to $250.4 billion. Forex.com retail FX trading volumes were down slightly, 5% MoM, to $192.5 billion, in what appears to have been a…
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LeapRate Exclusive… LeapRate has learned that Russia-focused brokerage ITI Group, which earlier this year bought control of FCA regulated broker Walbrook Capital, has named gaming and technology expert John Barker as Non Executive Chairman, also adding Mr. Barker to the board of Walbrook. John Barker was Managing Director and Head of International at institutional dark pool…
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Thomson Reuters (NYSE:TRI) has signed a statement of commitment to the Global FX Code of Conduct (the Global Code), formally pledging adherence to the Code’s standards to promote integrity, fairness, transparency and the effective functioning of the global foreign exchange markets. Thomson Reuters has played an active role in the development of the Global Code…
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Derivatives marketplace operator CME Group Inc (NASDAQ:CME) today announced that seven market participants have agreed that they intend to clear OTC FX Non-Deliverable Forwards (NDFs) by the end of Q1 2018. As more clients and liquidity providers are affected by uncleared margin rules, additional market participants clearing NDFs will provide greater access to the capital…
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Janus Henderson Investors (NYSE:JHG) today announced that BNP Paribas Securities Services, a global custodian with over $10 trillion in assets under custody as of September 30, 2017, will assume responsibility for the majority of Janus Henderson's back office (including fund administration and fund accounting), middle office and custody functions in the U.S. As part of…
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The newest mutual fund from Cboe Vest Financial LLC, a majority owned subsidiary of Cboe Global Markets, Inc. (NASDAQ:CBOE), seeks to track the recently launched Cboe S&P 500 Dividend Aristocrats Target Income Index (SPAI), an index designed to track the hypothetical performance of a partial buy-write strategy applied to stocks contained in the widely utilized…
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NEX Regulatory Reporting, a NEX Group (LON:NXG) business which provides regulatory reporting services across global regulatory regimes, announced today its intention to apply to become a trade repository for the Securities Financing Transactions Regulation (SFTR) and launch a dedicated reporting solution, pending the issuance of the final technical standards from ESMA. NEX Regulatory Reporting will…
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London Stock Exchange (LSE) has announced that it has entered in a partnership with APIR Systems, who will act as a registration agent in Australia and South East Asia to support the issuance and maintenance of Legal Entity Identifiers (LEI). The process of acquiring an LEI has recently become more complex, with level 2 data…
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