True Trade Markets COO Ashraf Agha resigns ahead of planned forex broker launch LeapRate

March 28, 2017 BY LeapRate Staff

True Trade Markets COO Ashraf Agha resigns ahead of planned forex broker launch

LeapRate Exclusive... LeapRate has learned that True Trade Markets co-founder and COO Ashraf Agha has resigned, prior to the company's planned launch later this Spring. As was reported exclusively by LeapRate last November, FCA-regulated True Trade Markets (formally True Trade Ltd) was created by controlling shareholder and New York based entrepreneur Michael Frey, whose company designs…

March 28, 2017 BY LeapRate Staff

Bryan Seegers resigns as Co-Head Global eFX Coverage at ADS Securities

LeapRate has learned that longtime ADS Securities employee and Co-Head of Global eFX Coverage Bryan Seegers has resigned his position at the firm. Bryan Seegers had been with ADS, which provides both retail and institutional FX services, for five years, initially joining the company in Abu Dhabi as a Senior FX Dealer. He had previously…

March 28, 2017 BY LeapRate Staff

Prime-of-Prime FX brokerage Stater Global Markets announces technology partnerships, adds CFDs

London-based FX Prime of Prime institutional brokerage Stater Global Markets has announced its core technology partners, as well as the introduction of CFDs in indices and commodities. LeapRate exclusively reported about the launch of Stater Global Markets in an interview with CEO Ramy Soliman last October. Soliman was most recently VP EMEA Sales at Integral Development…

March 28, 2017 BY LeapRate Staff

Fortex and Advanced Markets add ex CFH executives for Japan FX Prime-of-Prime unit FAM Clearing

FAM Clearing, LLC, a joint venture between Fortex, Inc., a leading FX ECN trading platform, and Advanced Markets, a wholesale provider of liquidity, technology, and credit solutions to banks and brokers, announced today the two new executive appointments. Satomi Toyoshima has been appointed as a Managing Director of Japan Operations for FAM Clearing. Mrs. Toyoshima brings…

March 27, 2017 BY Valentina Kirilova

Moneyfarm announces partnership with Allianz Global Investors

Digital wealth manager Moneyfarm just launched a partnership with Allianz Global Investors which will provide access to an active wealth management solution at institutional cost to UK employees of Allianz companies. This follows Allianz’s strategic investment in Moneyfarm, which was announced in September 2016. In an industry and European first, the two organisations have developed…

March 24, 2017 BY Valentina Kirilova

ANZ announces update on interest rates

ANZ today announced an update on variable home loan and business loan interest rates. Principal and interest owner-occupier home lending Variable interest rates for the 80% of owner-occupier borrowers who repay principal and interest on their standard variable home loan remain unchanged at 5.25%pa. Investor home lending The variable interest rate paid by property investors…

March 23, 2017 BY Valentina Kirilova

Burton-Taylor appoints TABB Group's Director for its Exchange Vertical

Burton-Taylor International Consulting, a division of TP ICAP’s data & analytics group and a provider of market research, analytics and business consulting, has appointed Andy Nybo as Director of its Exchange Vertical research practice. In heading up the exchange and transaction venue research division, Andy Nybo will be building out Burton-Taylor’s comprehensive analysis of current…

White River Bancshares Company begins trading on OTCQX

March 22, 2017 BY Valentina Kirilova

OTC Markets welcomes Neo Lithium to OTCQX

OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, today announced Neo Lithium Corp. (TSX-V: NLC; OTCQX: NTTHF), a junior natural resource company focused on lithium brine exploration, has qualified to trade on the OTCQX® Best Market. Neo Lithium upgraded to OTCQX from the Pink® market. Neo Lithium…

Bank of China (UK) Limited joins LCH’s SwapClear

March 22, 2017 BY Valentina Kirilova

First buy-side client live with credit default swaps clearing at LCH

LCH, a global clearing house, announced today that its first European buy-side client is now live on CDSClear. Amundi is now clearing credit default swaps (CDS) at CDSClear via its clearing broker BNP Paribas. The expansion into client clearing is the latest development for CDSClear, which has seen activity on its service grow significantly in…

March 22, 2017 BY Valentina Kirilova

Bats Europe launches two new indices designed to measure impact of Brexit on UK companies

Bats Europe, a CBOE Holdings, Inc. (NASDAQ: CBOE) company, today announced it has launched the Bats Brexit 50/50 Indices, two new benchmark indices designed to reflect the impact of Brexit on UK companies. The two indices – the Bats Brexit High 50 and Bats Brexit Low 50 – are designed to act as barometers for…

Category: Institutional