Cobalt launches Citi in on its infrastructure for bilateral trading LeapRate

February 06, 2020 BY Steffy Bogdanova

Cobalt launches Citi in on its infrastructure for bilateral trading

The London-based fintech, Cobalt, announced yesterday the launch of Citi on its post-trade infrastructure for bilateral flow. Citi has been an investor in the Forex post -trade platform, Cobalt, since 2016. Powered by distributed ledger technology (DLT), its infrastructure creates a standardized record of all Forex trades that could be applied to banks, buyside, prime…

February 05, 2020 BY Steffy Bogdanova

GMEX and DPN introduce SECDEX regulated hybrid digital exchange ecosystem

Financial markets solutions provider GMEX Group (GMEX) and financial services firm Digital Partners Network (DPN) announced today the launch of the Seychelles-based Securities, Commodities and Derivatives Exchange (SECDEX). SECDEX is approved by the Seychelles Financial Services Authority (FSA) hybrid (for digital and traditional assets) exchange. The collaboration provides clients with the market infrastructure strengths of…

February 05, 2020 BY Steffy Bogdanova

CQG partners up with DVeX to reach institutional crypto traders

The US-based financial software provider for traders, brokers, commercial hedgers, and exchanges CQG, announced yesterday its collaboration with the new cryptocurrency exchange DVeX. The new partnership will immediately allow DVeX clients access to CQG’s front-end platforms for trading instruments and analytics. Incorporated by the trading organization DV Trading, DVeX is an institutional cryptocurrency trading platform,…

February 05, 2020 BY Valentina Kirilova

CFH Clearing and Noor Capital launch Noor Clearing

CFH Clearing, TradeTech Group’s Liquidity Provider and Prime of Prime brokerage, and the UAE-based regulated financial institution Noor Capital have announced that their new strategic partnership is called Noor Clearing and is now open for business. LeapRate reminds that CFH Clearing teamed up with Noor Capital two months ago, announcing that it will focus exclusively on…

Paysafe extends Google partnership in 5 new countries

February 03, 2020 BY Steffy Bogdanova

Paysafe and Google expand their partnership

Specialized payments platform Paysafe announced las week that its collaboration with Google Play Store has expanded into 6 more countries. The eCash solution paysafecard will be available as payment option from Google Play in Switzerland, Italy, Portugal, the Netherlands and Belgium. The partnership originally launched the paysafecard in Poland. The payment option was later accepted…

January 24, 2020 BY Steffy Bogdanova

Kaber Mclean appointed for CEO of HSBC Australia

HSBC announced on Thursday that Kaber Mclean was appointed as Chief Executive Officer of the bank’s Australian office. The lender aims to expands in the region as Hong Kong operations are under pressure of anti-government riots. Mclean has been with HSBC since 1996. For more than two decades of service at the bank, he has…

January 24, 2020 BY Steffy Bogdanova

Christopher Woolard – the new Interim Chief Executive of the FCA

FCA announced today that HM Treasury appointed Christopher Woolard as Interim Chief Executive. Woolard is currently Executive Director of Strategy and Competition of FCA and an Executive member of the Board. His predecessor Andrew Bailey left the position to become Governor of the Bank of England. FCA Chairman Charles Randell, said: I’m looking forward to…

January 23, 2020 BY Steffy Bogdanova

ICAP founder Michael Spencer backs £100 million fintech fund

Michael Spencer, city tycoon and founder of market operator ICAP, now NEX Group, has decided to make a substantial contribution to a new UK fintech fund. Spencer plans to invest at least £25 million in the UK fund Element Ventures, through his private holding company IPGL. This is one of the largest investments made by…

January 23, 2020 BY Valentina Kirilova

AMBD and the Monetary Authority of Singapore expand cooperation

Autoriti Monetari Brunei Darussalam (AMBD) and the Monetary Authority of Singapore (MAS) have announced earlier this week that they have decided to expand their cooperation. Both sides have signed an enhanced Memorandum of Understanding (MoU) on Bilateral Cooperation at the 3rd AMBD-MAS Bilateral Roundtable. The enhanced MoU builds on the longstanding cooperation between both countries…

January 22, 2020 BY Steffy Bogdanova

LiquidityBook’s revenue and client growth results for 2019

LiquidityBook reported yesterday record growth for sales and clients in 2019. LiquidityBook is a New York based fintech firm that provides Software-as-a-Service (SaaS) for buy- and sell-side trading solutions. The company attributes its record gains and accomplishments to the increasing interest of investment managers in its portfolio, order and execution management systems (POEMS) platform. The…

Category: Institutional