Category: Institutional

February 27, 2017 BY Valentina Kirilova

Nex Group's Traiana launches electronic management of confirmations and payments for equity swaps

Traiana, a NEX Group (LON:NXG) business which monitors pre-trade risk and automates post-trade processing of financial transactions, announces today that it has launched Swaps Centre, a suite of services which enable swaps providers to electronically manage payments and confirmations in equity swaps. By sending confirmations and uploading payment instructions in normalized formats to their entire…

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February 27, 2017 BY Valentina Kirilova

Merger of Deutsche Börse Group and LSEG not happening again?

London Stock Exchange Group Plc (LSEG) said its $13 billion tie-up with Deutsche Boerse AG is unlikely to proceed after a new regulatory hurdle signaled a potential end to the companies’ efforts to create a champion European exchange, according to Bloomberg. European Union officials had requested that LSE divest MTS, an electronic trading platform for…

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February 24, 2017 BY Valentina Kirilova

US agencies release swap margin guidance

The Federal Reserve Board and the Office of the Comptroller of the Currency (OCC) on Thursday issued guidance explaining how supervisors should examine for compliance with the swap margin rule, which established margin requirements for swaps not cleared through a clearinghouse. The guidance explains that the Board and the OCC expect swap entities covered by…

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February 23, 2017 BY LeapRate Staff

Why Is Forex Generally Important in the UK Economy?

This article was written by freelance writer Zak Goldberg. Forex trading is something lots of people like to engage in, and can offer an individual trader some great benefits like allowing them to trade 24 hours a day, and use leverage to open themselves up to big changes in value even with relatively low capital.…

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February 23, 2017 BY Valentina Kirilova

Morgan Stanley to move 300 staff from Britain following Brexit

U.S. bank Morgan Stanley might initially move 300 staff from Britain following its exit from the European Union, and is scouting for office space in Frankfurt and Dublin, Bloomberg News reported earlier on Thursday. The Wall Street firm will eventually choose either Frankfurt or Dublin to base its enlarged European Union hub, according to the Bloomberg…

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February 23, 2017 BY Valentina Kirilova

NEX Group’s Euclid Opportunities invests in RSRCHXchange

Euclid Opportunities, NEX Group (LON:NXG)’s financial technology investment business, announced today that it has made a strategic investment in RSRCHXchange, a cloud-based marketplace and MiFID II workflow solution for accessing institutional research. Terms of the investment are not disclosed. RSRCHXchange launched RSRCHX, its marketplace and MiFID II workflow solution for institutional research in 2014, in…

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February 22, 2017 BY Valentina Kirilova

Brexit Bill passes UK House of Lords second reading

UK peers were given fresh warnings not to try to change the Brexit Bill after it cleared its first hurdle in the House of Lords. Brexit minister Lord Bridges mentioned voters had backed a "brutally simple" question in the referendum as he cautioned fellow peers against attempting to amend the legislation during what are expected…

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February 22, 2017 BY Valentina Kirilova

Blockchain Intelligence Group joins Wall Street Blockchain Alliance as corporate member

The Wall Street Blockchain Alliance (WSBA), a non-profit trade association, just announced that Blockchain Intelligence Group (BIG) has joined the organization as its newest corporate member. BIG’s proprietary Blockbits, BitRank and Qlue products provide real-time search, data analytics and risk assessment for blockchain-based data and assets, such as bitcoin and other cryptocurrency transactions, providing essential…

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