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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SaaS-based POEMS with fully integrated managed FIX service designed to meet the unique needs of an outsourced trading desk Platform currently in use by multiple outsourced trading firms, including JonesTrading New York-based LiquidityBook, a fintech provider of trading and messaging solutions, has just announced the launch of LBX Outsourced Trader. The advanced POEMS (portfolio, order and…
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FIX Trading Community, the non-profit, industry-driven standards body at the heart of global financial trading, has today released Recommended Practices for Commission Unbundling as required by MiFID II. MiFID II has introduced the requirement to explicitly separate commissions into their component parts (e.g. execution, research) with a focus on the specific identification of the research component…
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NEX Group (LON:NXG), a financial technology company at the centre of global markets, announced today it has signed a Statement of Commitment to adopt the principles of the FX Global Code across its EBS FX trading platforms and NEX Optimisation services. NEX announced the signing of the Statement of Commitment and introduced a new NEX…
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Monarques Gold Corporation (CVE:MQR) has announced that it has entered into a custom milling contract with Wallbridge Mining Company Limited (TSX:WM) to process 35,000 tonnes of ore from the Fenelon Gold property, located 75 km west-northwest of Matagami, Quebec, at Monarques' Camflo mill. This second contract signed in recent weeks is a testament to the processing…
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Continuing its makeover from turnkey brokerage solutions provider to an FX point solutions company, Leverate has announced the launch of “Go East with Leverate” - a professional service that will enable brokers to expand into the enormous financial trading markets of China and the wider Asia Pacific region. With two offices based in China, one…
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