CLS Group, the market infrastructure provider of risk mitigation services to the global FX market today published its operating metrics for the month of July 2017. The average daily traded volume submitted to CLS was USD1.60 trillion down 2% from USD1.64 trillion in June 2017. July 2016 June 2017 July 2017 Average daily traded…
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The World Federation of Exchanges (WFE), which represents more than 200 market infrastructure providers including exchanges and CCPs, today published its H1 2017 Market Highlights report. Market performance in the first half of 2017 was mixed. Overall, domestic market capitalisation reached record levels. Listings were also up on the same period. Secondary market activity was…
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The Bank of England has announced that after careful and serious consideration and extensive public consultation there will be no change to the composition of polymer used for future banknotes. The new polymer £20 note and future print runs of £5 and £10 notes will continue to be made from polymer manufactured using trace amounts…
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NEX Regulatory Reporting, a NEX Group (LON:NXG) business which provides regulatory reporting services across global regulatory regimes, announced that it has launched a new solution to support the EMIR Regulatory Technical Standards (RTS) Rewrite. Due to come into effect on 28 October 2017, ESMA’s EMIR RTS Rewrite aims to improve the transparency of the over-the-counter…
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Multi-asset execution and order management systems company FlexTrade Systems has announced the launch of a Best Execution Platform website to showcase the company’s new, comprehensive approach to ensuring Best Execution is planned, monitored and proven during the full trading life cycle. Andy Mahoney, Head of Sales at FlexTrade UK Ltd. in London, commented: Our FlexTRADER…
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COMSA raises $9 million in Venture Capital Funds for upcoming Token Crowdsale Tech Bureau, a fintech and cryptocurrency solutions company, announced that leading Japanese VCs vow over $9 million investment in COMSA’s Initial Coin Offering (ICO). COMSA, a complete Initial Coin Offering (ICO) fundraising and cross-chaining platform built on the NEM blockchain protocol, is meant…
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GMEX Technologies, a wholly owned subsidiary of GMEX Group, announced the go-live of the first Derivatives market and fully integrated central counterparty (CCP) clearing house in Vietnam. GMEX Technologies has delivered a state of the art multi-asset, multi-language exchange trading system and market surveillance solution with a real-time clearing and settlement system. The project, which…
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SIX Swiss Exchange and Nasdaq, Inc. (Nasdaq:NDAQ) today have announced that Nasdaq, in collaboration with its technology partner Chain, will provide distributed ledger technology (DLT) for a Minimum Viable Product (MVP) for SIX’s OTC structured products business. The solution will integrate with several systems currently managed by SIX and utilize the DLT capabilities at the…
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Commodities and Forex broker INTL FCStone Inc. (NASDAQ:INTL) today announced its financial results for the fiscal year 2017 third quarter ended June 30, 2017. The highlights include: Operating Revenues up 13%, to $197.6 million Net Income of $12.7 million EPS of $0.66 Sean M. O'Connor, CEO of INTL FCStone Inc., stated: Despite continued depressed volatility…
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KCG Holdings, Inc. (NYSE: KCG) today released trade volumes for the month of June 2017. In Market Making, KCG averaged $28.7 billion dollar volume traded (same as in previous month of June), 9.1 billion shares traded, and 3.4 million trades per day in U.S. equities. In Global Execution Services: KCG Institutional Equities averaged 195.8 million…
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