Category: Institutional

fma warning
October 12, 2017 BY Valentina Kirilova

TradingScreen shareholders initiate criminal legal action against Board Chairman

Board members and shareholders representing the majority of common shareholders in TradingScreen announced today the initiation of a legal action against TradingScreen Chairman of the Board Giampiero Grandi in response to significant corporate governance breaches occurring since May 2016. Given the seriousness of the offences perpetrated by Grandi, the majority shareholders of TradingScreen have required…

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Klaus Buhl
October 12, 2017 BY LeapRate Staff

Exclusive: Institutional FX broker True Trade sees CEO Klaus Buhl resign

LeapRate Exclusive... LeapRate has learned that Klaus Buhl (pictured above), CEO of recently-launched FCA regulated institutional FX broker True Trade Ltd, has resigned his position at the company. Klaus Buhl's departure follows that of COO Ashraf Agha, who left True Trade earlier this year soon before the formal launch of the company, as was also exclusively…

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Thomson Reuters (NYSE:TRI)
October 11, 2017 BY Valentina Kirilova

Thomson Reuters delivers greater research management for MiFID II unbundling in Eikon

Thomson Reuters (NYSE:TRI) has added additional research management and search capabilities to its flagship desktop product Eikon. These tools continue the ongoing series of enhancements and new solutions Thomson Reuters is delivering to the financial industry to meet the challenges of MiFID II requirements, set to be implemented January 3, 2018. Launched and incorporated into…

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October 11, 2017 BY Valentina Kirilova

Etherparty expands globally with DCX partnership

Easy-to-use smart contracts creation platform Etherparty has announced it will be partnering with Singapore-based Global DCX, an innovative digital currency exchange that will be launching in October. We are excited to be partnering on technology with DCX who are strategically positioned in the rising markets in India and Asia, which are perfectly suited for the…

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October 11, 2017 BY Valentina Kirilova

TransFICC secures strategic investment from Illuminate Financial and Main Incubator

TransFICC, the specialist provider of low-latency connectivity for fixed income and derivative markets, announced that has secured €1 million in early stage investment from capital markets specialists, Illuminate Financial and Frankfurt based early stage investor in FinTech, Main Incubator. TransFICC provides banks and asset managers with an alternative to maintaining connectivity to multiple e-Trading venues,…

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October 09, 2017 BY Valentina Kirilova

NetSuite expands Middle East operations

The company offers support for new VAT, adds dedicated sales team and strengthens partner ecosystem to meet growing demand for cloud ERP in region Oracle NetSuite, a provider of cloud-based financials / ERP, HR, Professional Services Automation (PSA) and omnichannel commerce software suites, just announced the expansion of operations in the Middle East to meet…

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October 09, 2017 BY Valentina Kirilova

Thomson Reuters launches fixed income trading application for African bond markets

Thomson Reuters (NYSE:TRI) has launched Fixed Income Callouts, a flexible and transparent App on the Eikon platform that facilitates the negotiations and agreements of fixed income bond trading terms within banks in country and across African markets, improving price discovery, market monitoring, execution and market transparency. Fixed Income Callouts has been specifically built for African…

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October 06, 2017 BY Valentina Kirilova

BNP Paribas Securities Services introduces a triparty collateral management service

BNP Paribas Securities Services, a custodian with USD 10 trillion in assets under custody, announced that is introducing a triparty collateral management service that connects collateral takers and collateral givers and helps unlock liquidity pools. The move comes as new regulations and practices require market participants to collateralise their financing and OTC derivative trades to…

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October 06, 2017 BY Valentina Kirilova

ICBC (London) Plc to extend AxiomSL deployment to support trade & transaction reporting

AxiomSL, the global provider of regulatory reporting and risk management solutions, announced today that Industrial and Commercial Bank of China (ICBC) (London) plc has selected AxiomSL’s strategic platform for its Markets in Financial Instruments Directive II (MiFID II) transaction reporting solution. This is the third time ICBC (London) plc has expanded its use of AxiomSL’s…

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