Category: Institutional

July 25, 2017 BY Valentina Kirilova

Quantitative Brokers partners with TS for premium execution algo

Quantitative Brokers (QB), an independent, global financial technology company providing advanced, dealer-neutral agency algorithms in Futures and US Cash Treasury markets just announced that has partnered with TS (formerly TradingScreen), an industry provider of electronic trading solutions, to integrate QB’s premium multi-leg spread trading algorithm Legger on TS’s TradeSmart platform. Legger is a part of…

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July 25, 2017 BY Valentina Kirilova

Monex Inc. releases quarterly financial results, operating revenue down with 3%

Monex Group, Inc. (TSE 8698, Oki Matsumoto, Representative Executive Officer and CEO) today reported the following quarterly financial results of its wholly-owned subsidiary Monex Inc., for the first quarter of the fiscal year ending March 31, 2018 prepared in accordance with the generally accepted accounting principles in Japan. Operating revenue for the first quarter ended…

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Thomson Reuters (NYSE:TRI)
July 25, 2017 BY Valentina Kirilova

Thomson Reuters strengthens buy-side trading workflow offering

Thomson Reuters (NYSE:TRI) announced that has completed a key milestone in its commitment to provide a powerful and integrated buy-side trading workflow solution by delivering interoperability between its financial markets desktop Eikon and REDI execution management system. The milestone follows Thomson Reuters acquisition of REDI in January this year and the recent expansion of the…

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July 24, 2017 BY admin

Calypso acquires stake in clearing and post-trade provider Sernova Financial

Calypso Technology, a provider of capital markets and investment management software, announced today that it has acquired a minority stake in Sernova Financial, a provider of cloud-based clearing and post trade services. Powered by the Calypso Cloud platform, Sernova Financial recreates the shared infrastructure and service items of clearing brokers. By reducing the transaction costs…

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July 21, 2017 BY Valentina Kirilova

Endo International restructures manufacturing network

Endo International plc (NASDAQ: ENDP) today announced that after completing a comprehensive review of its manufacturing network, the Company will be ceasing operations and closing its manufacturing and distribution facilities in Huntsville, Alabama. The closure of the facilities is expected to take place over the next 12 to 18 months. The Huntsville location has been…

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July 21, 2017 BY Valentina Kirilova

Klarna and Permira announce strategic equity investment

Klarna Bank AB just announced that an investment partnership advised by Permira will acquire a strategic equity stake in the company. Klarna a fast growing bank, providing easy to use payment solutions and currently serving 60 million consumers and 70.000 merchants. Permira is a global investment firm which advises funds and accounts with a total…

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CLS launches same-day FX settlement service, J.P. Morgan and Goldman Sachs to try it first
July 21, 2017 BY Valentina Kirilova

CLS Group June average daily traded volume up 6% MoM

CLS Group, the market infrastructure provider of risk mitigation services to the global FX market today published its operating metrics for the month of June 2017. The average daily traded volume submitted to CLS was USD1.64 trillion up 6% from USD1.55 trillion in May 2017.   June 2016 May 2017 June 2017 Average daily traded…

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July 20, 2017 BY Valentina Kirilova

Nordic Capital divests payments company Bambora to Ingenico Group

Nordic Capital Fund VIII announced that has signed an agreement to divest global payment company Bambora to Ingenico Group (EPA:ING) for an Enterprise Value of approximately EUR 1.5 billion. Less than three years after its start-up, Bambora is now an industry innovator with a compelling position in the global payments industry. Nordic Capital and the management team…

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July 20, 2017 BY Valentina Kirilova

SFC signs MoU with FCA on enhanced supervision of Cross-Border Regulated Entities

The Hong Kong Securities and Futures Commission (SFC) has entered into a memorandum of understanding (MoU) with the UK Financial Conduct Authority (FCA) providing for consultation, cooperation and exchange of information in connection with the supervision and oversight of regulated entities that operate on a cross-border basis in Hong Kong and the United Kingdom. The…

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