Monex Group, Inc. (TSE 8698, Oki Matsumoto, Representative Executive Officer and CEO) today reported the following quarterly financial results for the first half of the fiscal year ending March 31, 2018 prepared in accordance with the generally accepted accounting principles in Japan. Operating revenue was up 4.40% compared to the same period for last year.…
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Credit Suisse announced today the launch of the Credit Suisse RavenPack Artificial Intelligence Sentiment (AIS) Index, a result of its collaboration with RavenPack to create quantitative investment strategies from news analyses leveraging RavenPack’s artificial intelligence algorithms. The AIS Index tracks the notional performance of an algorithmic US large-cap sector-rotation strategy, harnessing the power of big…
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Derivatives marketplace operator CME Group Inc (NASDAQ:CME) today reported revenue of $891 million and operating income of $568 million for the third quarter of 2017. Net income was $309 million and diluted earnings per share were $0.91. On an adjusted basis, net income was $406 million and diluted earnings per share were $1.19. Financial results…
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Established as a new subsidiary within the Cinnober Group during the end of last year, Minium will provide real-time post-trade technology and services to international investment banks. The development is proceeding according to plan with the ambition that Minium's solutions, which reach the market in 2018, will modernize and streamline the operation of so-called client…
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Virtu Financial, Inc. (NASDAQ:VIRT) the technology-enabled market maker and liquidity provider to the global financial markets, today announced it has entered into a definitive agreement to sell Virtu’s fixed income trading venue, BondPoint, to Intercontinental Exchange (NYSE:ICE). The transaction is expected to be completed in the first quarter of 2018, and the closing is subject…
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New exchange-to-exchange service from JPX leverages Colt IQ Network for security and ultra-low-latency Colt Technology Services has announced that it will provide direct connectivity between trading venues in Tokyo and Chicago for the Japan Exchange Group’s new inter-exchange service dubbed “JPX-Chicago Co-Location Direct”. The new service, powered by Colt’s dedicated, ultra-low-latency IQ Network, links JPX’s…
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The Financial Services Commission (FSC), Mauritius just announced that it has today been elected to the Executive Committee of the International Organisation of Pension Supervisors (IOPS) at its Annual General Meeting. Other elected members include Italy, India, Romania, Uganda, Egypt and Botswana. The IOPS is the international standard setter and think tank of the Pension…
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Nasdaq (Nasdaq:NDAQ) today announced the completion of its acquisition of eVestment, a content and analytics provider used by asset managers, investment consultants and asset owners to help facilitate institutional investment decisions. Nasdaq entered into an agreement to acquire eVestment in September. The deal will further enhance Nasdaq’s robust Global Information Services business by allowing the…
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Thomson Reuters (NYSE:TRI) is the first major information provider to release a Knowledge Graph Feed for the Financial Services market. Using verified Big Data management principles and machine learning techniques, the Thomson Reuters Knowledge Graph provides a trusted data source and model for customers to leverage, build their enterprise solutions on top of and benefit…
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The Capital Market Authority (CMA) and the Saudi Arabian General Investment Authority (SAGIA) have signed a Memorandum of Cooperation (the Memorandum) to set up a collaborative framework to be followed by the CMA and SAGIA when preparing the regulatory directives for allowing non-resident strategic foreign investors to own strategic stakes in listed companies’ share capital,…
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