INTL FCStone Financial announces partnership with Zacks Investment Research LeapRate

September 07, 2017 BY Valentina Kirilova

INTL FCStone Financial announces partnership with Zacks Investment Research

Company's Correspondent Clearing Division to offer Zacks equity, mutual fund and ETF research as well as advisor tools to broker-dealers and RIAs INTL FCStone Inc. (NASDAQ:INTL) announced that the Correspondent Clearing Division of its wholly owned subsidiary, INTL FCStone Financial Inc. ("the Company"), has entered into a partnership with Zacks Investment Research to supply Zacks…

September 07, 2017 BY Valentina Kirilova

Fortex adds NY4 Equinix optical fiber cross connect to support low-latency FX algo trading

Fortex, Inc., an electronic communication network (ECN) trading platform, and Commercial Network Services (CNS), a global online service provider specializing in hosting low latency algorithmic trading systems, today announced the release of an optical fiber cross connect between the companies' facilities in the NY4 Equinix datacenter in New York, United States. Driven by increased demand…

NEX Markets volumes remain strong in October

September 06, 2017 BY admin

NEX Markets spot FX volumes 2% higher at $83 billion for August

Reporting for August a month-over-month change higher of 2%, NEX Group PLC (LON: NXG) sees their spot forex business steady, with FX volumes year-over-year a solid 27% greater. August 2017 produced volumes on the company's anonymous forex matching platform, EBS MarketFX of $83 billion, while July 2017 was just a touch lower at $81.6 billion. During…

September 06, 2017 BY Valentina Kirilova

Cobalt joins BT Radianz Cloud

BT today announced that Cobalt, the FX post-trade processing network based on distributed ledger technology, has joined the BT Radianz Cloud - the world’s largest financial community. Organisations can now access Cobalt’s private peer-to-peer and blockchain services via their highly secure and resilient Radianz Cloud connections, helping firms reduce cost and operational risk. Cobalt uses…

Lingxi ,China Finance Online Co. Limited

September 06, 2017 BY Valentina Kirilova

FTSE Russell announces enhancements to its industry classification benchmark (ICB)

FTSE Russell, a global multi-asset index, data and analytics provider, has announced structural updates to its Industry Classification Benchmark (ICB), a globally recognised standard, operated and managed by FTSE Russell for categorising companies and securities. The enhancements result from the recent Market Consultation to align ICB with current industry practices and incorporate features from the…

September 06, 2017 BY Valentina Kirilova

Deutsche Börse and Illuminate Financial invest in RegTek.Solutions

Investment comes as market participants prepare to comply with a raft of new post-trade reporting rules in Europe, North America and APAC Deutsche Börse and Illuminate Financial Management LLP have co-led in a US$5 million Series A funding round in RegTek.Solutions Inc., a multi-jurisdiction regulatory reporting solutions provider. Based in New York, RegTek.Solutions was launched…

September 06, 2017 BY Valentina Kirilova

Monex Group’s Global DARTs down 2% in August

Monex Group, Inc. (TSE 8698, Oki Matsumoto, Representative Executive Officer and CEO) today reported the following monthly business metrics of its subsidiaries in August 2017. Global DARTs (DARTs stand for Daily Average Revenue Trades meaning the number of trades and transactions per day which generate revenue) were down 2% MoM to 257,715. Number of total…

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…

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…

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…

Category: Institutional