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.…
Read more
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…
Read more
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…
Read more
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…
Read more
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:…
Read more
ONEaccess, a Visible Alpha company and corporate access and research valuation platform and ITG (NYSE:ITG), a independent broker and financial technology provider, today announced an agreement to offer investor clients an integrated solution that simplifies compliance with MiFID II requirements around valuing and paying for research content. The integration between the ONEaccess and ITG solutions…
Read more
$19 billion bank holding company chooses Fiserv to support its key initiatives, including delivering a better customer experience Fiserv, Inc. (NASDAQ:FISV), a global provider of financial services technology solutions, announced that Fulton Financial Corporation, a bank holding company headquartered in Lancaster, Pennsylvania, has signed a long-term agreement to renew its relationship with Fiserv. Technology will…
Read more
LCH, a global clearing house, announced that Daniel Maguire as LCH Group Chief Operating Officer (COO), effective immediately. He assumes this role in addition to his current responsibilities as Global Head of Rates & FX Derivatives. As COO, Daniel will be responsible for achieving new business growth, maintaining existing customer relationships and driving innovation and…
Read more
Liquidnet, the global institutional trading network, today announced the appointment of Simon Gilbert as Sales Director, based in the firm’s London office. Simon Gilbert brings more than 10 years of experience in US equity sales for Europe and will be responsible for helping Liquidnet’s European Members source institutional liquidity in US equities. Commenting on Gilbert’s…
Read more
LeapRate Exclusive Interview... Following our exclusive coverage of Forex broker solutions provider MahiFX becoming the latest FX sector company to receive an FCA license, we are pleased to present to LeapRate readers our conversation on the topic with Nick Mortimer, Head of MFX Retail Sales for MahiFX. Does the FCA license change the way MahiFX does business?…
Read more