Category: Institutional

October 16, 2017 BY Valentina Kirilova

BBVA and Bancomer deploy DLT-based FX matching pilot from Calypso Technology and R3

Leveraging distributed ledger technology and cloud services, BBVA and BBVA Bancomer are piloting an FX matching application developed by Calypso Technology, a provider of cloud-based cross-asset trading software solutions for the financial markets, and enterprise software firm R3. The application, which runs on R3’s Corda platform and is facilitated by Calypso’s cloud services, has already…

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CLS Group trading volumes
October 16, 2017 BY Valentina Kirilova

CLS Group average daily traded volume up 11% MoM in September

CLS Group, the market infrastructure provider of risk mitigation services to the global FX market today published its operating metrics for the month of September 2017. The average daily traded volume submitted to CLS was USD1.750 trillion up 10.7% from USD1.581 trillion in August 2017.   September 2016 August 2017 September 2017 Average daily traded volume…

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October 16, 2017 BY Valentina Kirilova

Guohai Liangshi Capital Management selects Horizon for options market making and delta one trading

Horizon Software, the global provider of electronic trading and investment management technology, has today announced that Guohai Liangshi Capital Management Co Ltd (GHLS),the subsidiary company of Guohai Futures, has chosen Horizon’s platform for options market making and trading, as well as delta one trading. Guohai Liangshi Capital Management Co Ltd, the subsidiary of Guohai Liangshi…

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Paxos teams up with bitcoin payment service BitPay
October 13, 2017 BY Valentina Kirilova

SIX Swiss Exchange partners with UnaVista for transaction reporting for remote participants

SIX Swiss Exchange is to partner with London Stock Exchange Group to establish a link to their UnaVista service to facilitate transaction reporting for products admitted to trading on SIX Swiss Exchange for remote participants. The service from UnaVista will allow remote participants of SIX Swiss Exchange to fulfil their reporting obligations under the Swiss…

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October 12, 2017 BY Valentina Kirilova

OTC Markets' Transfer Agent Verified Shares Program to include continental stock transfer & trust

OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, announced that Continental Stock Transfer & Trust has joined OTC Markets' Transfer Agent Verified Shares Program. OTC Markets Group launched the Transfer Agent Verified Shares Program initiative with the goal of providing investors current and reliable share data on…

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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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