Monex Group reports lower monthly consolidated financial results in January LeapRate

February 21, 2017 BY Valentina Kirilova

Monex Group reports lower monthly consolidated financial results in January

Monex Group, Inc. (TYO:8698) today reported the following monthly consolidated financial results (IFRS) of Monex Group, Inc. for January 2017. The stated figures are un-audited and, in some respect, are yet to complete proper accounting process. Operating revenue for January 2017, the beginning of 4Q, was slightly down MoM to 3,660 million yen (4,002 in…

February 20, 2017 BY Valentina Kirilova

CLS and TriOptima compress US$1 trillion in FX forwards and swaps

CLS Group (CLS), a provider of risk mitigation and operation services for the global foreign exchange (FX) market, and TriOptima, a NEX Group (LON:NXG) business which lowers costs and mitigates risk in OTC derivatives markets, just announced that counterparties have eliminated US$1 trillion in gross notional value from their FX forward and swap portfolios using…

February 20, 2017 BY Valentina Kirilova

Clearstream announces matching of Bridge instructions to be near real-time

Deutsche Boerse's Clearstream just announced that phase 2 of the Bridge enhancements will be effective on 19 June 2017. The main goal will be to further improve the matching process to near real-time and to almost triple the number of inter-ICSD settlement transmissions. These enhancements will be brought about by the introduction of a rolling…

FXTM analyzed 70 M&A deals to show stock performance and GDP comps

February 17, 2017 BY Valentina Kirilova

CBOE Holdings' acquisition of Bats Global Markets to close by the end of February

CBOE Holdings, Inc. (NASDAQ: CBOE) and Bats Global Markets, Inc. (Bats: BATS) announced that the companies expect to complete CBOE Holdings' acquisition of Bats Global Markets on February 28, 2017. Earlier this month, CBOE Holdings received its final remaining regulatory approval from the United Kingdom's Financial Conduct Authority (FCA), meaning that all U.S. and European…

February 17, 2017 BY Valentina Kirilova

Thomson Reuters appoints Shawn Malhotra Vice President, Toronto Technology Centre

Information giant Thomson Reuters Corp (NYSE:TRI) announced that Shawn Malhotra has been appointed Vice President of the new Thomson Reuters Toronto Technology Centre. In this role, Shawn will help drive the centre’s focus on emerging skills such as cognitive computing, visualization, user experience and cloud development. Located in Bremner Tower, the Toronto Technology Centre co-locates…

February 17, 2017 BY Valentina Kirilova

TRAFiX offering access to Bats Options BAM Auction

Bats Global Markets (Bats:BATS) and TRAFiX, a fintech company and innovator in next-generation Order and Execution Management Systems, today announced TRAFiX will offer access to the Bats Auction Mechanism (BAM), launched last year on the exchange group’s EDGX Options Exchange. BAM is an options auction process that provides Members with an opportunity for price improvement for…

February 16, 2017 BY admin

EBS BrokerTec chooses Nasdaq for Forex market surveillance

Nasdaq, Inc. (NASDAQ: NDAQ) today announced that it has been competitively selected to deliver its SMARTS Market Surveillance technology to EBS BrokerTec, a NEX Group Plc (LON: NXG) business that provides electronic trading technology and services to the fixed income and Forex markets. SMARTS Market Surveillance will be integrated within the EBS and BrokerTec platforms to…

February 16, 2017 BY Valentina Kirilova

BOJ Governor Kuroda warns low rates may start a new financial crisis

Bank of Japan Governor Haruhiko Kuroda said low profitability at financial institutions could start a new financial crisis, offering his strongest warning to date of the demerits of aggressive monetary easing pursued by major central banks, Business Insider reported earlier today. Mergers and consolidation may be among options for financial institutions to boost profitability, Kuroda…

February 16, 2017 BY LeapRate Staff

Institutional FX liquidity provider PositivaFX launching Retail Forex brokerage - LeapRate Exclusive

LeapRate Exclusive... LeapRate has learned that CySEC regulated institutional FX firm PositivaFX (CY) Ltd is making preparations to launch a separate Retail Forex brokerage operation. PositivaFX, based in Limassol, Cyprus and founded in 2014 by CEO George Stylianou (pictured at right) and COO Kaiming Liu, has grown into a fairly successful institutional FX shop, serving mainly small to…

Category: Institutional