Category: Institutional

TradingScreen launches simplified workflow system QUO for wealth managers
March 07, 2017 BY admin

TradingScreen expands European operations with new Frankfurt office

TradingScreen (TS), the electronic trading solutions provider, has announced the expansion of its European operations with the opening of a new office in Frankfurt, Germany.  Financial services veteran, Michael Kuhlow, has recently joined as Director to lead the Frankfurt operations. Michael Kuhlow, equipped with 20 years of experience in financial services and awareness of regional…

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Bank of China (UK) Limited joins LCH’s SwapClear
March 07, 2017 BY Valentina Kirilova

Neil Walker steps down from LCH SA and Group boards

The clearing house LCH just announced that Neil Walker is standing down as a non-executive director of LCH’s SA and Group boards, effective immediately. Neil Walker will focus on executive commitments elsewhere. He has been a non-executive director for LCH since 2012 and has served as a member of LCH’s risk committees. Lex Hoogduin, Group Chairman,…

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March 07, 2017 BY Valentina Kirilova

CFTC announces Daniel J. Davis as General Counsel

U.S. Commodity Futures Trading Commission Acting Chairman J. Christopher Giancarlo announced that Daniel J. Davis has been named the agency’s General Counsel. Mr. Davis comes to the CFTC from the law firm of Proskauer Rose LLP, where he was Special Counsel in the Labor & Employment Law Department. Mr. Davis will assume his duties today.…

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March 07, 2017 BY Valentina Kirilova

Dow Jones Media Group launches Moneyish website

Dow Jones Media Group (DJMG ) announced the launch of Moneyish, a new lifestyle website that redefines finance-driven storytelling. Where sites like Vice Money, which launched in October, or Coinage, Time Inc.’s video-focused brand that bowed in February, or Mic Money, which went live last July (before turning into The Payoff), are focused on unpacking…

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smartTrade increases presence in Australia, strengthens partnership with NAB
March 07, 2017 BY Valentina Kirilova

Australia online trading growing, ETFs increasingly popular

Research firm Investment Trends released its 2016 Second Half Online Broking Report, an in-depth study of Australian online equities investors’ attitudes and behaviours. The study is based on a survey of over 13,000 investors and traders conducted in November 2016. Key highlights include: A record 77,000 Australians started trading online in the second half of…

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March 06, 2017 BY Valentina Kirilova

Plato Partnership announces 15 brand new partners

Plato Partnership, a not-for-profit company bringing creative solutions and efficiencies to today’s equity marketplace, just announced 15 new Plato Partners. The new Partners include: BBVA Asset Management, Capital International Ltd, part of the Capital Group, Commerzbank AG, Instinet Europe Ltd, Jefferies, Legal & General Investment Management, Macquarie Group, RBC Capital Markets, Rosenblatt Securities Inc., Standard…

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March 06, 2017 BY Valentina Kirilova

Fiserv expands Contact and Servicing Center into Florida

Fiserv, Inc. (NASDAQ: FISV), a global global provider of financial services technology solutions, has opened its third Contact and Servicing Center, expanding its business process outsourcing capacity by 22% into Lake Mary, Florida to meet the growing demand of automotive lenders and financial institutions for customer care, collateral management and back office functions. Fiserv has…

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March 02, 2017 BY LeapRate Staff

EBS forex volumes down 13% in February to $80.7 billion ADV

Continuing the string of weak volume reports for the month of February from some of the leading institutional eFX trading venues, NEX Group PLC (LON:NXG) has reported that its EBS unit saw volumes drop by 13% MoM, coming in at $80.7 billion ADV. Overall, February was a fairly weak month at NEX Group (formerly known…

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cme group fx volumes
March 02, 2017 BY Valentina Kirilova

CME Group interest rate volume up 9% in February, second highest monthly ADV ever

Derivatives marketplace operator CME Group Inc (NASDAQ:CME) announced that February 2017 average daily volume (ADV) reached 18.4 million contracts, down 1% from a strong February 2016. CME Group February 2017 options volume averaged 3.8 million contracts per day, up 9% versus February 2016, with electronic options averaging 2.2 million contracts per day, up 17% over…

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