Category: Institutional

oneZero
April 28, 2021 BY Steffy Bogdanova

Three post-trade regulatory vendors join oneZero

Andrew Ralich, CEO of oneZero, said: oneZero’s mission is to give our customers greater control throughout the entire trading lifecycle. By offering the widest-possible offering of post-trade Regulatory Vendors, we are giving customers the ability to seamlessly integrate with the vendor of their choice – no matter how their business changes or evolves to market…

Read more
April 27, 2021 BY Steffy Bogdanova

Devexperts integrates with GCEX to offer FX and crypto liquidity

GCEX offsets trades with Tier-1 banks and non-bank LPs, who offer both CFD and Spot for crypto assets to reduce risk exposure. GCEX do not self custody, and only works with 3rd party insured custodians. GCEX offers liquidity for all traditional products including FX, commodities, CFDs, and many crypto-crypto and crypto-fiat crosses with major currencies,…

Read more
April 27, 2021 BY Steffy Bogdanova

Broadridge teams up with FundApps for a regulatory compliance solution

Asset management and global hedge fund customers  - who utilise Broadridge’s automated processes to enhance the quality of their data and manage their compliance requirements to focus on earning returns for clients -  will now reap the rewards of FundApps’ compliance-as-a-service solution, which fully automates both compliance reporting and monitoring. By combining the capabilities of…

Read more
CME Group
April 22, 2021 BY Steffy Bogdanova

CME Group to integrate FX link with MarkitSERV and RTN

Dean Berry, Group Head of Trading & Banking Solutions, Refinitiv, commented: We are pleased to now support messaging from CME FX Link activity in order to standardize and streamline how customers can integrate in an efficient way with this growing marketplace for FX swaps. CME Group’s FX Link is available in a central limit order…

Read more
Equiti adds sustainable energy stocks to its product offering
April 22, 2021 BY Steffy Bogdanova

Equiti adds sustainable energy stocks to its product offering

Iskandar Najjar, Equiti Group CEO, said: Equiti Group is committed to ESG (environmental, social and governance) practices and supportive, not only of meeting demands for these financial instruments, but also continually looking at ways of practically increasing our support. We are very pleased that our global product and risk teams have been able to swiftly…

Read more
Credit Suisse
April 22, 2021 BY Steffy Bogdanova

Credit Suisse posts CHF 252 million net loss in Q1 2021

Thomas Gottstein, Chief Executive Officer of Credit Suisse Group AG, commented: Our results for the first quarter of 2021 have been significantly impacted by a CHF 4.4 billion charge related to a US-based hedge fund. The loss we report this quarter, because of this matter, is unacceptable. Together with the Board of Directors, we have…

Read more
Acquisition
April 21, 2021 BY Steffy Bogdanova

Plus500 acquires Cunningham Commodities, enters US futures market

David Zruia continued: The acquisition represents an important strategic step for Plus500 as we continue to transition into a global, multi-asset fintech group. Our long-term ambition is to enable simplified, universal access to financial markets, and I’m excited that we have taken a further step toward achieving this today. Bill Cunningham, Andrew Busby and Nate…

Read more
Singapore
April 20, 2021 BY PureContent

Deutsche Bank sets up Singapore engine amid trading boom in Asia

Singapore is notably in the top rankings of trading destinations for FX on a global basis. The Bank of International Settlements (BIS) has reported that Singapore is only marginally trailing behind the UK and the US in the multi-trillion dollar FX market. While distributing up-to-date market statistics for last month, SGX revealed a surge in…

Read more
collaboration
April 20, 2021 BY PureContent

Starling Bank announces £50 million investment from Goldman Sachs

By the end of the next financial year-end, Starling will be set to report its first ever complete year in profit. The announcement of Goldman Sachs’ significant investment will be a key factor in driving Starling’s ongoing lucrative growth. While the announcement has been made, the transaction is still subject to approval from regulators. James…

Read more