Block trading remains a growth area despite trader uncertainty around forthcoming regulations LeapRate

May 31, 2017 BY Valentina Kirilova

Block trading remains a growth area despite trader uncertainty around forthcoming regulations

SIX Swiss Exchange Survey Regulation is overwhelmingly the biggest hurdle traders face, according to a major survey of equity, bond and other product traders in the UK and Europe conducted by SIX Swiss Exchange. An overwhelming 65% of respondents believed increasing regulation, such as MiFID II and FinfraG, would have the biggest impact on their…

May 31, 2017 BY Valentina Kirilova

Axioma delivers market risk solutions for Mirova and Natixis Asset Management

Axioma, a provider of enterprise market risk and portfolio management solutions, and FactSet, a global provider of integrated financial information, analytical applications, have entered into an agreement with Mirova, the second-largest European manager of open-ended SRI funds and Natixis Asset Management, Europe-based asset manager. These two asset managers are Natixis Global Asset Management affiliates, itself…

May 30, 2017 BY Valentina Kirilova

Softek announces parthership with Elinphant LLC

Softek, provider of Capital and Credit Management solutions have announced a new partnership with Elinphant LLC, a specialist consulting practice providing governance, risk management and compliance solutions to financial service firms. Elin Cherry, Chief Executive Officer at Elinphant LLC said: Regulatory expectations regarding risk are becoming more stringent. Implementing near real-time monitoring in regard to…

May 30, 2017 BY Valentina Kirilova

ANZ appoints JP Morgan's Scott Manning Chief Financial Officer, Australia

The Australia and New Zealand Banking Group Limited (ANZ) today announced the appointment of Scott Manning as Chief Financial Officer, Australia reporting to Deputy Group Chief Financial Officer Shane Buggle. Mr Manning joins from JP Morgan where he has held senior finance and analyst roles for the past 15 years and is currently lead Analyst…

Marex Spectron launches Marex Financial Products structured note business

May 29, 2017 BY LeapRate Staff

Marex Spectron ups credit facility to $105 million adding ICBC and Allied Irish Bank

Global commodities broker Marex Spectron has announced the successful syndication of a new $105 million working capital facility, increased in size from the company's previous $65 million facility. The syndication was led by Lloyds Bank, and included the participants in Marex Spectron's previous $65 million facility - Lloyds Bank, Bank Leumi UK and Barclays Bank -…

May 25, 2017 BY Valentina Kirilova

Forex Sports Sponsorship: NEX Group announces title sponsorship of the XBlades Global Drone Racing Team

Financial technology company NEX Group plc (LON:NXG) announced that it is the official global sponsor of the drone racing team XBlades. Developed in 2014, drone racing is a motorsport where pilot’s race drones (radio-controlled aircraft or quadcopters) at speeds approaching 120mph around a course in the fastest time possible. The drones are equipped with cameras…

Advanced Markets Ltd signs up to FX Global Code of Conduct

May 25, 2017 BY Valentina Kirilova

NEX Markets to adhere to the FX Code of Conduct

NEX Markets, a NEX Group (LON:NXG) business which provides electronic trading technology services in the fixed income and foreign exchange (FX) markets, announced today that following the publication of the FX Code of Conduct (the Code), it plans to adopt the Code’s principles across its FX trading platforms. NEX Markets played an active role in…

May 25, 2017 BY Valentina Kirilova

Zopa launches Innovative Finance ISA

Financial services company Zopa announced today that it will launch its Innovative Finance ISAs (IFISA) in June. Pending final approval from HMRC, IFISA will be available from 15th June with target returns of up to 6.1%. As Zopa expects investing volumes to be high, the company is giving existing investors priority access ahead of new customers, where…

May 24, 2017 BY LeapRate Staff

Exclusive: IS Prime returns £3 million to shareholder ISAM in return of capital

LeapRate Exclusive... LeapRate has learned from industry sources that FX liquidity and prime brokerage services provider IS Prime has returned £3 million in capital to its major shareholder, International Standard Asset Management (ISAM). FCA regulated IS Prime is controlled by ISAM, an alternative asset manager which specializes in quantitative investing. ISAM set up IS Prime…

May 23, 2017 BY Valentina Kirilova

Star Hat Solutions launches Freebridge hub for FX brokers with MahiFX liquidity

Financial technology supplier Star Hat Solutions announced the general availability of their new product, Freebridge and MahiFX as their latest liquidity provider onto their Hub range of products, including Freebridge. With a Freebridge Hub, brokers are able to offer direct, low-latency connectivity into the liquidity they provide to their customers. This completely removes all expensive…

Category: Institutional