Bloomberg and Bats Europe announce joint initiative on MIFID II reporting LeapRate

April 21, 2017 BY Valentina Kirilova

Bloomberg and Bats Europe announce joint initiative on MIFID II reporting

Bloomberg and Bats Europe, a CBOE Holdings Inc. (NASDAQ: CBOE) company, have announced they plan to provide Bloomberg customers with the ability to use their respective Approved Publication Arrangements (APA) to fulfil MiFID II transparency reporting requirements. Under MiFID II, market participants are facing a steep increase of reporting tasks they need to manage, for…

April 21, 2017 BY admin

NEX SEF approved by CFTC allowing EBS customers to trade Forex NDFs

NEX Group plc (LON: NXG) formerly known as ICAP plc, a UK-based business focused on electronic markets and post trade business, announced today that it has received approval from the Commodity Futures Trading Commission (CFTC) for NEX SEF Limited (NEX SEF), a new Swap Execution Facility (SEF). NEX SEF will allow customers to trade Non-Deliverable…

April 20, 2017 BY Valentina Kirilova

Six $1B-plus credit unions extend core account processing relationships with Fiserv

Fiserv, Inc. (NASDAQ: FISV), a global provider of financial services technology solutions, announced that six credit unions with assets of $1 billion or more have extended and expanded their relationships with Fiserv. Each of the credit unions has selected DNA, an open architecture account processing platform, and will leverage DNA along with a variety of…

April 19, 2017 BY Valentina Kirilova

Leverate adds features to Forex SaaS products LXTools and LXFeed

Leverate, the financial trading solutions provider, announced the latest developments to their product range of LX Tools and the LXFeed. A number of the developments made to the LX Tools now include the ability to define per security, if the security is tradeable or should just be enabled. If enabled traders will view the symbol…

April 19, 2017 BY Valentina Kirilova

TriOptima and CME Clearing include first client cleared trades in triReduce Mexican Peso compression cycle

TriOptima, a NEX Group (LON:NXG) business which lowers costs and mitigates risk in OTC derivatives markets, announced today that it has included client cleared trades in a triReduce Mexico Peso (MXN) compression cycle in CME Clearing for the first time. CME Clearing and TriOptima have offered 15 compression cycles in five currencies since they started…

April 19, 2017 BY Valentina Kirilova

NEX announces new offices in London and New York

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…

April 19, 2017 BY Valentina Kirilova

Former CIO at Bank of Montreal joins Axioma as Managing Director, Corporate Strategy

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…

April 18, 2017 BY Valentina Kirilova

Energy Services Group completes acquisition of UK-based Utiligroup

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…

April 18, 2017 BY Valentina Kirilova

Investoo consolidating Forex Broker comparison sites with 100ForexBrokers.com acquisition

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…

INTL FCStone opens its know-risk platform to broader market

April 18, 2017 BY Valentina Kirilova

INTL FCStone becomes direct participant to LBMA Gold Auction

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…

Category: Institutional