TriOptima completes first cleared inflation swap compression run in LCH SwapClear LeapRate

July 19, 2019 BY Valentina Kirilova

TriOptima completes first cleared inflation swap compression run in LCH SwapClear

TriOptima, the infrastructure service that lowers costs and mitigates risk in OTC derivatives markets, has just announced that it has completed the first cleared inflation swap compression run at LCH SwapClear. The compression run was completed on July 19 with Euro cleared inflation swaps being compressed through the triReduce service. TriOptima will go live with…

July 17, 2019 BY Valentina Kirilova

Exclusive: Tradesocio completes integration with PrimeXM and oneZero

LeapRate Exclusive... Asset management technology provider Tradesocio just announced that it has completed API integration with bridge and liquidity aggregation providers PrimeXM and oneZero. The completion of these integrations will allow any financial institutions such as Liquidity providers, Brokerage Houses and Asset Management companies that already partner with PrimeXM and oneZero to easily adopt Tradesocio’s…

July 17, 2019 BY Valentina Kirilova

Federal Reserve Board approves the acquisition of a Bank Holding Company

The Federal Reserve Board on Tuesday announced its approval of the application under section 3 of the Bank Holding Company Act of 1956 by Chemical Financial Corporation, Detroit, Michigan, to acquire TCF Financial Corporation, Wayzata, Minnesota, and thereby indirectly acquire its subsidiary bank, TCF National Bank, Sioux Falls, South Dakota. Following the proposed acquisition, Chemical’s…

July 17, 2019 BY Valentina Kirilova

Itiviti teams up with Bloomberg to facilitate transition for SSEOMS clients

Itiviti, Technology and service provider to financial institutions, Itiviti, has announced yesterday that it has teamed up with Bloomberg L.P.. The partnership aims to enable a seamless transition and onboarding process for clients currently using Bloomberg SSEOMS to Iitiviti’s multi-asset Order Management System (OMS). This collaboration also enables pre-integration of key Bloomberg products, including the…

TechFinancials converts loan into Footies

July 15, 2019 BY Valentina Kirilova

TechFinancials continues to support the Footies venture

Fintech software provider of financial solutions TechFinancials Inc (LON:TECH) has provided an update on progress in the Company's 75% owned subsidiary, Footies Ltd. LeapRate reminds that October last year, TechFinancials entered into non-binding heads of terms with Footies Tech Ltd, a Blockchain based ticketing platform for sports venues and teams, to establish a new company…

July 11, 2019 BY Valentina Kirilova

Netflix expands internationally

The following article is courtesy of Nikolas Papas, Market Strategist, InvestingCube.com and ATFX. Netflix (NASDAQ: NFLX) focus has turned to international expansion as the fast-growing company is looking for new clients. Netflix is working on projects across many countries such as Italy, Mexico, Brazil, Spain, Germany, France, and Turkey. It also has a strong portfolio…

Nuvei completes acquisition of SafeCharge for US $889m

July 10, 2019 BY Valentina Kirilova

Nuvei to acquire the entire issued ordinary share capital of SafeCharge

Montreal-based payment technology company Nuvei has just confirmed that the UK's Financial Conduct Authority has approved the proposed change in control of SafeCharge Financial Services Limited and, as such, the relevant condition to the Acquisition has now been satisfied. LeapRate reminds that back in May 2019 Nuvei announced an all cash offer to acquire the…

July 10, 2019 BY Valentina Kirilova

Crypto advocates view Lagarde replacing Draghi as ECB head as favorable

It’s official – Christine Lagarde, the current head of the IMF, has been nominated to replace the outgoing Mario Draghi as head of the ECB. Known as both a politician, as well as an economist, Ms. Lagarde will bring a much-needed breath of fresh air to the central banking affairs of the EU. Although Lagarde’s…

July 09, 2019 BY Valentina Kirilova

CLS Group's ADV up 16% MoM in June

CLS Group, the market infrastructure provider of risk mitigation services to the global FX market, has just published its operating metrics for the month of June 2019. The average daily traded volume submitted to CLS was USD1.88 trillion, up 16.1 percent from USD1.62 trillion in May 2019. Average daily traded volume submitted to CLS…

July 01, 2019 BY Valentina Kirilova

TechFinancials provides an update to the MarketFinancials deal

Binary options platform and brokerage group TechFinancials Inc (LON:TECH) provided the market with an update last week relating to the sale of its shareholding in MarketFinancials Limited (MF). The Company has agreed to extend the completion date of the conditional Share Purchase Agreement (the “SPA“) to sell its entire holdings in MF to 31 August…

Category: Institutional