Category: Institutional

Nasdaq
September 05, 2017 BY Valentina Kirilova

Nasdaq to acquire eVestment for $705 million

Nasdaq (Nasdaq:NDAQ) announced today that it will acquire eVestment, a content and analytics provider used by asset managers, investment consultants and asset owners to help facilitate institutional investment decisions. The acquisition is expected to deliver attractive shareholder returns with a combination of recurring, predictable revenue, a strong track record of growth and attractive cash flow…

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September 05, 2017 BY Valentina Kirilova

Options Group acquires the electronic markets search firm MCL Search Ltd

Options Group, a global executive search and strategic consulting firm, announced its acquisition of MCL Search Ltd, an executive search firm based in London specializing in electronic markets (trading and distribution), prime brokerage/clearing and financial trading technology with a focus on currencies and fixed income. Since 2012, MCL Search has developed an impressive track record…

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Deutsche Börse
September 05, 2017 BY Valentina Kirilova

Deutsche Börse Venture Network and High-Tech Gründerfonds enter into cooperation

Deutsche Börse Venture Network and High-Tech Gründerfonds (HTGF) have formalised their existing collaboration by signing a cooperation agreement. The aim of the partnership is to continue linking existing programmes with each other to closely support start-ups throughout their entire funding and growth phase. HTGF is the first point of contact for all matters relating to…

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cme group fx volumes
September 05, 2017 BY Valentina Kirilova

CME Group reaches ADV of 16 million contracts in August, up 14% MoM

Derivatives marketplace operator CME Group Inc (NASDAQ:CME) today announced that August 2017 average daily volume (ADV) reached 16 million contracts, up 16 percent compared with August 2016 and up 14% from previous month. CME Group August 2017 options volume averaged 3.1 million contracts per day, up 30 percent versus August 2016, with electronic options averaging 2.2…

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September 05, 2017 BY Valentina Kirilova

PEGAS starts new Spot Market Index

PEGAS, the pan-European gas trading platform operated by Powernext, announced the introduction of the European Gas Spot Market Index (EGSI)on 5 September responding to the market participants’ needs. The index will cover all liquid gas spot markets operated by PEGAS. Along with the launch of EGSI, PEGAS will also harmonise the use of existing indices…

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September 05, 2017 BY Valentina Kirilova

Nippon Life to settle currency trades in Japan via CLS

CLS Group, a provider of risk mitigation and operational services for the global foreign exchange (FX) market, today announced the first Japanese non-bank financial institution (NBFI) to join the CLS system via third-party access. Nippon Life Insurance Company, Japan’s leading life insurance company in terms of net profit, is now settling FX transactions in CLS…

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LCH
September 05, 2017 BY Valentina Kirilova

ForexClear clears $1 trillion of notional in August

LCH, a global clearing house, announced today that its ForexClear service processed over $1 trillion in notional over the course of August, setting a new monthly record. ForexClear has seen demand for its NDF clearing service significantly increase since the introduction of the uncleared margin rules in September 2016. ForexClear now has 28 clearing members…

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IS Prime fx liquidity prime broker
September 05, 2017 BY LeapRate Staff

IS Prime nearly triples Revenues in 2017 to £16.6 million

LeapRate has learned that FCA regulated FX liquidity and prime brokerage services provider IS Prime is set to announce results for its Fiscal 2017 year (ended March 31), showing impressive growth and profitability figures. IS Prime will report a nearly threefold increase in Revenues, and a 900% increase in operating profit: Revenues of £16.6 million…

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