Category: Institutional

September 21, 2017 BY Valentina Kirilova

Trading Technologies extends TT Platform into Hong Kong

Trading Technologies International, Inc. (TT), a global provider of high-performance professional trading software, today announced the availability of execution and client connectivity services through the Hong Kong Exchange and Clearing (HKEX) data center via its TT® platform. Colocating with HKEX strengthens TT’s global presence, allowing TT users around the world to easily obtain seamless, reliable,…

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AcadiaSoft launches sensitivities calculation services
September 21, 2017 BY Valentina Kirilova

AcadiaSoft announces smooth integration of Phase 2 firms into its margin hub

AcadiaSoft Inc., the industry provider of margin automation solutions for counterparties engaged in collateral management worldwide, has just announced that the integration into the AcadiaSoft Hub of the six additional in-scope firms under Phase 2 of the new IM rules for non-cleared derivatives has been completed successfully. The additional firms chose to use the Hub…

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September 21, 2017 BY admin

CME Group launches 'CME FX Link' to integrate spot and futures

CME Group, the world's leading and most diverse derivatives marketplace, today announced it will launch spot foreign exchange (FX) basis spreads called 'CME FX Link' on CME Globex, CME Group's electronic trading platform. This will create the first ever central limit order book between the over-the-counter (OTC) spot FX and CME Group FX futures markets.…

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CLS launches same-day FX settlement service, J.P. Morgan and Goldman Sachs to try it first
September 19, 2017 BY LeapRate Staff

CLS launches new FX settlement and trade monitoring and reporting tools

CLS Group, which provides risk mitigation and operational services for the global foreign exchange market, today announced its intent to launch a broader portfolio of products and services focusing on three business lines – settlement, processing, and data. These new products form part of a strategic shift for CLS, and build on its unique position…

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Marco Baggioli ADS Securities
September 19, 2017 BY LeapRate Staff

Marco Baggioli resigns from ADS Securities, company to name new COO

LeapRate has learned that Marco Baggioli has resigned his position as Group COO of global investment house ADS Securities. Mr. Baggioli resigned his position 10 days ago and is currently on garden leave. The company is planning on naming a replacement shortly. The move comes after Mr. Baggioli had helped orchestrate a large changeover in…

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September 15, 2017 BY Valentina Kirilova

MTS launches direct electronic dealer-to-client trading in repo contracts

MTS, one of Europe’s premier fixed income trading venues, has unveiled new functionality that enables the trading of bilateral and centrally cleared Repo contracts between sell-side and buy-side participants for the first time, in collaboration with the launch of LCH’s Sponsored Clearing model from RepoClear. Sell-side dealers have long benefited from the efficiencies of electronic…

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Thomson Reuters (NYSE:TRI)
September 15, 2017 BY Valentina Kirilova

Thomson Reuters projects increase to inflation-adjusted tax brackets in 2018

A Thomson Reuters (NYSE:TRI) special report, Projected 2018 Inflation-Adjusted Tax Brackets and Other Key Figures, demonstrates that tax brackets will be adjusted upward in 2018, easing the tax burden slightly for many taxpayers. The adjustments prevent the loss of tax benefits due solely to inflation. The report provides a detailed projection of inflation-adjusted income tax…

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cme group trading floor
September 15, 2017 BY LeapRate Staff

CME Group exits OTC Credit Default Swap business to focus on Interest Rate Swaps and FX

Derivatives marketplace operator CME Group Inc (NASDAQ:CME) has announced that it will exit the company's credit default swap (CDS) clearing business by mid-2018, freeing up $650 million in clearing member capital. Going forward, in order to meet customer needs in light of uncleared margin rules, CME will focus its over-the-counter (OTC) clearing services on interest rate…

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September 14, 2017 BY Valentina Kirilova

SFC and Securities Commission Malaysia sign Fintech cooperation agreement

The Hong Kong Securities and Futures Commission (SFC) today entered into an agreement with the Securities Commission Malaysia to establish a framework for cooperation on financial technology (Fintech). The SFC and Securities Commission Malaysia agreed to cooperate on information sharing and referrals of innovative firms seeking to enter one another’s markets. Cooperation between regulatory counterparts…

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