Category: Institutional

September 13, 2017 BY admin

TradingScreen launches Forex specific EMS platform spin-off

TradingScreen, Inc. (TS) an industry provider of multi-asset electronic trading solutions recently launched BidFX, an Execution Management System (EMS) designed for the $5 trillion daily FX market. The platform matches the proven SaaS based technology from TradeSmart with the ability to connect to all liquidity provided by Banks, nonbanks, and ECNs. "In response to client feedback and…

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September 11, 2017 BY Valentina Kirilova

BNP Paribas AM acquires a majority stake in Gambit Financial Solutions

BNP Paribas Asset Management (BNPP AM) announced that is adding state-of-the-art digital-advisory services to support and enhance the digitalisation of its distributors through the acquisition of a majority stake in Gambit Financial Solutions (Gambit), in line with its objective to further expand its innovative offerings. Gambit, a well-established Belgian Fintech, has developed a unique capability…

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September 08, 2017 BY Valentina Kirilova

Capital One joins Snowflake’s Series D funding round

Snowflake Computing announced that Capital One Growth Ventures, the venture investing arm of Capital One Financial (NYSE:COF), has joined its latest round of growth funding, bringing Snowflake’s Series D round to a total of $105 million. The Series D round was announced in April of 2017, led by ICONIQ Capital and accompanied by Madrona Venture…

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SEC charges nine hackers and traders in Edgar hacking case
September 08, 2017 BY Valentina Kirilova

Equifax announces cybersecurity incident involving consumer information

Consumer credit reporting agency Equifax Inc. (NYSE: EFX) has announced a cybersecurity incident potentially impacting approximately 143 million U.S. consumers. Criminals exploited a U.S. website application vulnerability to gain access to certain files. Based on the company's investigation, the unauthorized access occurred from mid-May through July 2017. The company has found no evidence of unauthorized…

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September 07, 2017 BY admin

Singapore Exchange Forex futures volume for August rises 5% MoM

Singapore Exchange (SGX) Asia’s most international, multi-asset exchange today reported market statistics for August 2017. Total FX futures volume moved up 5% from the previous month to 800,350 contracts and up 75% from August 2016. The solid figures from SGX's FX segment attest to the slightly higher trend across the Forex trading industry for August…

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Bank of China (UK) Limited joins LCH’s SwapClear
September 07, 2017 BY Valentina Kirilova

LCH SwapAgent completes first trades

LCH SwapAgent, a service for the non-cleared derivatives market, announced today that it has processed its first trades. Citi and Deutsche Bank were the counterparties to the Swiss Franc-denominated interest rate swap and Euro-denominated inflation swap. The trades were processed through MarkitSERV. LCH SwapAgent is available for market participants trading non-cleared OTC interest rate derivatives.…

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September 07, 2017 BY Valentina Kirilova

Avelacom partners with Metamako to offer fastest FPGA-based connectivity solution

Global connectivity provider Avelacom announced today that it is now using Metamako, the specialist provider of FPGA- enabled, high-performance networking devices, to significantly accelerate its network processing power and keep latency to an absolute minimum. The solution meets the needs of HFT firms and all firms in capital markets for whom latency is critical, allowing…

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