CLS Group, the market infrastructure provider of risk mitigation services to the global FX market today published its operating metrics for the month of August 2017. The average daily traded volume submitted to CLS was USD1.581 trillion down 1 percent from USD1.596 trillion in July 2017. August 2016 July 2017 August 2017 Average daily traded…
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LCH, the global clearing house, announced today that its RepoClear service has introduced a new model to bring the benefits of clearing repos to the buy side. Insight Investment is the first asset manager to clear a trade, acting for a UK pension fund it manages, as a sponsored member, with NatWest Markets supporting Insight’s…
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Smartkarma, Asia’s provider of independent research, and ULLINK, a global provider of electronic trading and connectivity solutions to the financial community, have announced the immediate availability of the Smartkarma research platform via the NYFIX Portal. Targeting the growing need for transparent pricing and unconflicted research for the buy-side, driven by regulatory focus on unbundling research…
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Deloitte to become an implementer for Thomson Reuters ONESOURCE Statutory Reporting software to help clients streamline statutory financial reporting process and increase automation Thomson Reuters (NYSE:TRI) unveiled a new collaboration which will see Deloitte become an implementer for Thomson Reuters' ONESOURCE Statutory Reporting software to assist finance departments streamline financial reporting processes, helping them to…
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Otkritie Capital International Limited (OCIL) just announced that has joined the Derivatives Market as a Non-Resident Trading Member and plans to trade in SPIMEX Ural Crude Oil Futures (FOB Primorsk). The company’s membership allows OCIL to trade on its own account as well as on behalf of its clients, including foreign buyers of Russian crude…
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In partnership with Visible Alpha, integrated solutions enable Eikon buy-side clients to manage research capabilities and compliance more efficiently and effectively. Thomson Reuters (NYSE:TRI) announced that, in partnership with Visible Alpha, has launched multiple joint-solutions in its flagship financial desktop Eikon that will help enable financial institutions to further manage impending MiFID II research unbundling…
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Canada's financial industry stands to benefit from shortened securities settlement cycle CDS Clearing and Depository Services Inc. (CDS), Canada's national securities depository, clearing and settlement hub, announced the successful transition to a two day securities settlement period, or T+2, from the previous three day period, or T+3. Thursday, September 7, 2017 marked both the final…
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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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LeapRate Exclusive... LeapRate has learned that institutional FX services firm MahiFX (UK) Limited, the UK arm of New Zealand based FX brokerage and technology group MahiFX, has posted modest growth and profit for its 2017 fiscal year (ended March 31, 2017). And, that the company - which was originally founded as a Retail FX broker…
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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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