Category: Institutional

May 02, 2017 BY Valentina Kirilova

TriOptima adds margin valuation adjustment analytics for OTC derivatives to triCalculate XVA

TriOptima, a NEX Group (LON:NXG) business which lowers costs and mitigates risk in OTC derivatives markets, announced today that it has added MVA (margin valuation adjustment) analytics to its triCalculate XVA (X-Value Adjustment) service. MVA calculations determine the lifetime costs of posting initial margin as part of the pricing of an OTC derivative. TriOptima is…

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Broadridge presents new securities lending assessment solution for mutual funds
May 02, 2017 BY Valentina Kirilova

Broadridge appoints Eric Bernstein as President of Investment Management Solutions

Broadridge Financial Solutions, Inc. (NYSE:BR) announced that it has appointed Eric Bernstein as President of Broadridge Investment Management Solutions. Broadridge Investment Management Solutions supports more than 225 global hedge funds, asset managers, family offices, fund administrators and prime brokers. Its modular suite of investment management solutions combines portfolio management, order management, risk management, reference data…

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Hotspot FX volumes
May 02, 2017 BY LeapRate Staff

Hotspot FX April forex volumes down 7% MoM to $27.7 billion ADV

Institutional Forex ECN Hotspot FX has reported that April trading volumes decreased by 7% MoM from March, clocking in at $27.7 billion average daily volume for the month. Hotspot’s April figures begin a parade of what we believe will be weak volume reports in the FX sector, following what was a fairly strong March at many…

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GTX forex volumes
May 02, 2017 BY LeapRate Staff

GTX sees forex trading volumes down 5% MoM in April

GTX, the institutional FX arm of retail forex broker Gain Capital Holdings Inc (NYSE:GCAP), has reported that April trading volumes in its system decreased slightly from March's record levels. GTX saw total trading volumes of $280.7 billion in April, or $14.0 billion ADV, versus a record $339.0 billion total and $14.7 billion ADV in March.

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tfx japan forex click365
May 01, 2017 BY admin

Click 365 Forex Trading Volume down 16.7% MoM for April

It was announced today from Tokyo Financial Exchange, that the total trading volume of its FX Daily Futures contracts (Click 365) was 2,247,872  (-16.7% MoM / -28.9% YoY) and its average daily trading volume was 112,394. The biggest downturn occurred in EUR/USD with the pair stuck in tight ranges in recent months. See the table…

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May 01, 2017 BY LeapRate Staff

Trump's first 100 days and the FX market

Multicurrency cash settlement system operator CLS has a unique overarching view of the Forex market, and has put out an interesting review of US President Donald Trump's first 100 days in office (a milestone which passed quietly this weekend) and the effect the new administration has had on the currency markets. The report covers the…

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April 28, 2017 BY Valentina Kirilova

LCH Ltd opens Norwegian Krone account with Norges Bank

LCH Ltd, a global clearing house, announced today that it has established deposit and intraday liquidity facilities with Norges Bank, the central bank of Norway. LCH is now settling its Norwegian Krone payments via the central bank. As part of the account opening process, LCH has become a direct member of NBO, the payments system…

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April 27, 2017 BY Valentina Kirilova

Visible Alpha announced two senior hires as demand accelerates for its financial data and MiFID II research valuation platforms

As demand accelerates for its financial data and research valuation platforms, Visible Alpha announced two senior sales and relationship management hires to support the company’s expanding client base. Rapid growth in clients and platform contributors has been driven by the acquisition of ONEaccess, partnerships with other solution providers, and new product launches, such as the…

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