Solactive and Panthera Solutions launch Solactive Panthera World Market Portfolio Index LeapRate

June 09, 2017 BY Valentina Kirilova

Solactive and Panthera Solutions launch Solactive Panthera World Market Portfolio Index

Solactive, the innovative German index engineer, and Panthera Solutions announced that are launching the Solactive Panthera World Market Portfolio Index. This index seeks to replicate the global market portfolio as measured by Monaco-based asset allocation consultancy Panthera Solutions through a multi-asset indexing strategy. Specifically, the index is composed of ETFs and minor cash positions tracking…

NSD and Interfax launch Single Disclosure Window product

June 08, 2017 BY Valentina Kirilova

NSD conducts DVP settlement via correspondent account with the Bank of Russia

National Settlement Depository (NSD), Russia’s central securities depository, announced that has expanded settlement opportunities for its clients: it has conducted the first DVP transaction via a correspondent account with the Bank of Russia. Along with DVP settlements in NSD and on accounts with foreign banks, NSD also provides its clients with the opportunity to conduct…

June 08, 2017 BY Valentina Kirilova

Illit Geller steps down as TradAir CEO, replaced by co-founder Ayal Jedeikin

TradAir, the global provider of Trading Technology solutions for banks, brokers, prime of primes and regulated marketplaces, announced today that Illit Geller, co-founder and Chief Executive Officer, has decided to step down as CEO. Illit will remain a member of the Company’s Board of Directors, and the Board has launched an executive search for a…

June 07, 2017 BY Valentina Kirilova

AFEX appoints Wayne Mitchell as General Manager for EMEA

AFEX, a non-bank providers of global payment and risk management solutions, has appointed Wayne Mitchell as General Manager EMEA. Mitchell’s appointment comes as AFEX extends its product set and local presence across Europe to support its growing client base of businesses and individuals. At the end of 2015, AFEX launched AFEX Offshore, its service for…

June 07, 2017 BY Valentina Kirilova

NEX Regulatory Reporting to use Duco Cube for MiFID II reconciliation solution

NEX Regulatory Reporting, a NEX Group (LON:NXG) business which provides regulatory reporting services across worldwide regulatory regimes, and Duco, the global provider of self-service data normalisation and reconciliation services, just announced that NEX Regulatory Reporting is to use Duco’s technology to provide MiFID II reconciliation to their clients. Reconciliation is a mandatory activity under MiFID…

Monex teams up with Shizuoka Bank to launch financial instruments intermediary services

June 06, 2017 BY Valentina Kirilova

Monex Group monthly FX volumes finally up 10% MoM

Japanese online trading company Monex Group Inc. (TYO:8698) has reported its monthly business metrics of its subsidiaries in May 2017 and the results look promising this time. The number of Daily Average Revenue Trades (DARTs – the number of trades and transactions per day which generate revenue) finally changed directions and went up 10% MoM…

June 05, 2017 BY LeapRate Staff

NEX Markets, formerly EBS, has strong May with Spot FX volumes at $81.3 billion ADV

Continuing the up and down month (but with very slight variations) we have seen in Forex trading volumes from leading eFX platforms, May spot FX volumes at NEX Markets came in at $81.3 billion ADV - up 7% over April. We recently reported that the EBS BrokerTec unit was renamed NEX Markets, effective immediately, following the parent…

June 02, 2017 BY LeapRate Staff

CME Group FX trading volumes tick up 4% MoM in May 2017

Derivatives marketplace operator CME Group Inc (NASDAQ:CME) today announced that overall May 2017 average daily volume (ADV) reached 16.5 million contracts, up slightly from 16.3 million in April. Full exchange results by product can be found below: Interest rate volume averaged 8.9 million contracts per day in May 2017, up 20 percent from May 2016. …

June 02, 2017 BY LeapRate Staff

FXSpotStream forex volumes up 2% in May to $17.5 billion ADV

Continuing the string of fairly flat to slightly up trading volumes at leading eFX platforms we've seen for the month of May, multibank FX aggregation service FXSpotStream has reported that volumes on its system were up 2% MoM in April. Average daily volume at FXSpotStream came in at $17.5 billion in April, versus $17.1 billion in…

June 01, 2017 BY LeapRate Staff

TFX Click 365 Japan Forex Trading Volume down 1% MoM for May

Data released today by the Tokyo Financial Exchange indicated that forex trading volumes were down slightly during the month of May in Japan. The TFX indicated that the total trading volume of its FX Daily Futures contracts (Click 365) was 2,220,588, down 1.2% MoM versus April but off 26.2% from last year May. Average daily forex trading…

Category: Institutional