CLS’s Head of Information Services, Masami Johnstone, commented: Daily traded volumes in November were USD1.79 trillion, up 4.7% compared to October 2020. Both FX spot and FX swap volumes increased compared to the previous month by 15.7% and 3.1%, respectively, while FX forward volumes decreased by 15.5%. Compared to November 2019, FX spot and swap…
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Christophe Hémon, CEO, LCH SA, commented: We’re delighted to be extending our relationship with Euronext to offer clearing for Oslo Børs Derivatives Market. This is a significant step for us as we continue to expand the number of products and trading venues available to our clearing members. Øivind Amundsen, CEO of Oslo Børs, added: LCH…
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AiX CEO & Founder Jos Evans commented: We are extremely excited to partner with AlgoTrader. The AlgoTrader platform has been a game changer in terms of institutional quantitative trading and execution solutions for both crypto and traditional assets. Our and AlgoTrader´s technologies are a superb fit, and we believe partnerships such as this are a…
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Yuster continued: Intel is a performance leader, and we are excited to have them as an investor in the next phase of our evolution. We are looking forward to benefitting from their vast technology experience to accelerate AI, big data and analytics-based innovation that will deliver a performance advantage to our clients. The Intel Xeon…
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M4Markets is a regulated multi-asset broker offering forex, commodities, and indices for online trading to a global client-base. The broker is built by industry experts with more than 30 years of experience. M4Markets focuses on offering a trading experience to traders through technology, low spreads, and lightning fast execution. Deepak Jassal, Executive Director at M4Markets…
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Benny Luk, Group CEO of Greater China, commented: We are delighted with the establishment of GFIGS to offer OTC brokerage services in China. Iron Ore futures trading volumes in China are more than 20 times larger than the offshore market. With Guizhou Big Data Capital's extensive network and coverage of China's financial markets and GFI's…
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Key dates for industry to be aware of for the UPI fee model consultation process include: January 11th, 2021 first UPI fee consultation begins, and ends March 5th, 2021 May 10th, 2021 second Industry Consultation, and ends July 9th, 2021 September 9th, 2021 publication of the Final Consultation paper Emma Kalliomaki, Managing Director of ANNA…
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David Bachelier, Capitalab's Singapore-based co-founder said: We are delighted to consolidate our presence in FX through our services agreement with CLS, which will enable previously unexplored possibilities. Combining Capitalab's multi-product technology with CLS data allows us to offer the market new FX solutions and unique optimisation of several risk metrics, including notional, margin and counterparty…
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Christophe Roupie, Head of EMEA and APAC at MarketAxess, commented: We’re delighted to welcome clients of the Regulatory Reporting Hub to MarketAxess. This acquisition is a firm demonstration of our long-term commitment to building our regulatory reporting infrastructure across Europe. It will help us to extend the full front-to-back trade lifecycle services that we offer,…
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Keith Tippell, Head of Product, CLS, commented: In response to market demand, we are evolving CLSNet to support the partnerships and connectivity options necessary to ensure broad-based adoption and, additionally, exploring new functionality related to emerging market currencies. The partnership with Finastra is an important step in this evolution and a good example of two…
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