NEX Group plc (LON:NXG), a financial technology company at the centre of global markets, announced today that it will be relocating its New York and London offices at a time of significant change for the business. From the end of April, the NEX Group businesses in New York will relocate to new offices at 4…
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Axioma, a provider of enterprise market risk and portfolio management solutions, announced the appointment of industry veteran George N. Patterson as Managing Director, Corporate Strategy. As part of Axioma’s newly formed Corporate Strategy Team, Patterson will focus on identifying buyside trends and market opportunities to expand the company’s footprint and accelerate growth. Patterson was previously…
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Energy Services Group, LLC (ESG), the retail energy industry provider of SaaS solutions including transaction management (EDI), billing and CIS, wholesale energy services, and sales and pricing, announced today it has acquired UK-based Utiligroup. The combination will enable local and global energy resellers across North America, the UK and Japan to offer business and residential…
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FX affiliate Investoo Group just announced the purchase of 100ForexBrokers.com. It is the Group’s largest acquisition to date. 100ForexBrokers.com, launched in 2012, is a Forex broker comparison site with 60,000+ unique visitors per month and 100s of real user reviews. Adam Grunwerg, CEO of Investoo Group, commented: This acquisition generates a huge boost to our…
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INTL FCStone Inc. (NASDAQ:INTL) today announced that its London-based subsidiary, INTL FCStone Ltd's Precious Metals division is now a Direct Participant to the London Bullion Market Association (LBMA) Gold Auction, having been approved to participate in the process earlier this month. ICE Benchmark Administration (IBA) introduced central clearing to the twice-daily London gold auction, removing…
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KCG Holdings, Inc. (NYSE: KCG) today released trade volumes for the month of March 2017. In Market Making, KCG averaged $26.3 billion dollar volume traded (slightly down from February's $28.0 billion), 10.4 billion shares traded, and 3.3 million trades per day in U.S. equities. In Global Execution Services: KCG Institutional Equities averaged 206.0 million U.S.…
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New York-headquartered EM4X, an emerging markets multi-asset and multi-currency trading platform has announced the establishment a new data center to provide FX market participants with improved local connections to its FX liquidity venues. The new London LD4 data center and matching engine will provide improved pricing, market access and enhanced workflow for foreign exchange market participants within…
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The Futures Industry Association (FIA) announced the launch of a new data product today. The FCM Tracker provides a series of data visualizations that give market participants powerful insights into the ecosystem of U.S. futures commission merchants (FCMs). The FCM Tracker uses data published by the Commodity Futures Trading Commission (CFTC) to visualize trends dating…
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On April 11, 2017, Shenzhen Securities Information Co., Ltd. (SSIC), Euronext and Beijing Sina Internet Information Service Co., Ltd. signed a memorandum of understanding (MOU) to develop close cooperation on the application research on internet big data, the development of stock indexes and the innovation in cross-border index products based on their respective advantages. Principals…
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The World Federation of Exchanges (WFE), which represents more than 200 market infrastructure providers including exchanges and CCPs, today published a set of cyber resilience standards designed to be used by WFE members, and other market infrastructure providers, to ensure alignment and common minimum standards across the global system. The standards cover eight key areas:…
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