Category: Institutional

TradingScreen website
October 23, 2017 BY Valentina Kirilova

TradingScreen's majority shareholders renew call for a change in leadership

A group stating that it represents the board members and shareholders representing the majority of the common shareholders of TradingScreen renewed today their request for a change in leadership at the company, and published a summary of the main legal actions faced by TradingScreen's current management. The "majority shareholder group" stated that it condemns what it…

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October 20, 2017 BY Valentina Kirilova

Bank BPS chooses Wolters Kluwer’s OneSumX platform

Warsaw-based Bank Polskiej Spóldzielczosci SA (Bank BPS) announced that it has chosen Wolters Kluwer’s OneSumX for Risk and OneSumX for Regulatory Reporting to provide an integrated risk and regulatory reporting solution following a competitive tender process. Bank BPS has chosen to use the OneSumX solution for static and dynamic projection analysis, liquidity reporting, interest rate…

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True Trade institutional fx
October 20, 2017 BY LeapRate Staff

Exclusive: Institutional FX platform True Trade goes live

LeapRate Exclusive... After some initial growing pains which included the departures of CEO Klaus Buhl and COO Ashraf Agha, LeapRate has learned that FCA regulated institutional FX provider True Trade (truetrademarkets.com) has gone live. Institutional clients have begun trading trading FX on (Phase 1) of True Trade’s new proprietary execution platform. True Trade provides clients with…

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October 19, 2017 BY Valentina Kirilova

Torstone Technology goes live with Asian capital markets and investment group CLSA

Torstone Technology, a global provider of post-trade securities and derivatives processing, today announced that the CLSA, an Asian capital markets and investment group, has signed a multi-year deal to use Inferno and is now live with the solution, which will bring greater efficiencies to its post-trade processes. CLSA’s Japan operations will deploy Inferno to improve…

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October 19, 2017 BY Valentina Kirilova

CME Group and JPX to launch Yen TOPIX futures trading

Derivatives marketplace operator CME Group Inc (NASDAQ:CME) and Japan Exchange Group (JPX), Asia's comprehensive exchange group, today announced the launch of Japanese Yen-denominated Tokyo Stock Price Index (TOPIX) futures contracts to begin trading on CME Globex by Q1 2018, pending all relevant regulatory review periods. This new financially-settled TOPIX futures contract will be listed with and…

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LCH non-deliverable interest rate swaps
October 19, 2017 BY Valentina Kirilova

LCH clears first swaps referencing SARON

Multi asset global clearing house LCH announced that it is now clearing Swiss Franc (CHF) interest rate swaps referencing SARON, the Swiss average overnight rate. The move comes ahead of the migration of CHF reference interest rates from TOIS to SARON, scheduled for 29 December 2017. Basler Kantonalbank, Credit Suisse and Zürcher Kantonalbank were among…

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Daniel Maguire LCH
October 18, 2017 BY LeapRate Staff

LCH promotes Daniel Maguire to CEO, replacing Suneel Bakhshi

Multi asset global clearing house LCH has announced that Daniel Maguire (pictured above) has been appointed as Chief Executive Officer of LCH Group, with immediate effect. The appointment follows Suneel Bakhshi’s decision, earlier this summer, to step down from his role as Chief Executive Officer of LCH Group after four years in the role. The…

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October 18, 2017 BY Valentina Kirilova

Dow Jones partners with Curation Corporation to deliver “disruption” monitoring

Dow Jones has announced a new partnership with Curation Corporation, a risk monitoring and content specialist, offering curated news briefings that provide customers with timely insights on peripheral risks, emerging disruptive trends and new business opportunities. Peripheral risks are typically found outside the parameters of traditional risk monitoring, but may have a dramatic and substantial…

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October 17, 2017 BY Valentina Kirilova

NEX Optimisation with Baton Systems create new post-trade FX solution through NEX Infinity platform

NEX Group PLC (LON:NXG)'s post trade division NEX Optimisation announced today that Baton Systems, a high-speed payments infrastructure provider, has joined NEX Infinity as the first third party to provide its services through the platform. The news comes only a day after NEX Optimisation's "significant restructure" announcement. NEX Optimisation and Baton have been working in…

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