Category: Institutional

Activity on Refinitiv's FX platforms in Asia reaches record highs
June 24, 2019 BY Valentina Kirilova

Activity on Refinitiv's FX platforms in Asia reaches record highs

Refinitiv, formerly the Financial and Risk business of information giant Thomson Reuters (NYSE:TRI), announced that activity on the company’s foreign exchange platforms has reached new highs in 2019. Regional market participants across the buy-side and sell-side benefit from Refinitiv’s comprehensive offering, from dealer-to-client trading on FXall, to interdealer trading on Matching. The company has earlier this…

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TechFinancials converts loan into Footies
June 20, 2019 BY Valentina Kirilova

TechFinancials announces a 42% YoY decrease in revenues in FY18

Fintech software provider of financial solutions TechFinancials Inc (LON:TECH) announced earlier this week its results for the year ended 31 December 2018, and as expected, they don't look good at all. Financial Highlights Revenues of US$7.8 million (2017: US$13.4 million) a decrease of 42% Blockchain trading technology revenues of US$3.8 million (2017: US$0.24 million) increased…

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Bank of China (UK) Limited joins LCH’s SwapClear
June 19, 2019 BY Valentina Kirilova

Bank of China (UK) Ltd joins LCH’s SwapClear service

Global clearing house LCH announced that Bank of China (UK) Limited, Bank of China’s UK entity, has gone live as a clearing member of LCH’s SwapClear. Bank of China is LCH's first clearing member from a Chinese banking group. The Bank will now have access to clearing of interest rate derivatives at LCH and will…

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June 13, 2019 BY Valentina Kirilova

Polymath adds Sumsub to Service Provider Marketplace

Software solutions platform Polymath announced that it has just added Sumsub to its service provider marketplace. Sumsub is a trusted provider of compliance as a service, with years of legal experience that assures full compliance to STO regulations, including routine KYC/AML checks for individual and corporate clients together with accredited investor checks. Sumsub is a…

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SGX
June 12, 2019 BY Valentina Kirilova

Singapore spurs development of FX trading hub & ecosystem

The following article is courtesy of FlexTrade's Ivy Schmerken. With the uptick in Asian currency trading and the growth of electronic trading, Singapore’s regulator is working with the financial industry to build an FX trading hub and expand FX market infrastructure, a move to improve liquidity and price discovery during Asian trading hours. The Monetary…

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volumes
June 10, 2019 BY Valentina Kirilova

LiquidityEdge hits a record ADV of 16.35bn in May

Electronic US Treasuries (UST) trading venue, LiquidityEdge, has just released a record trading volumes for the month of May 2019 with average daily volumes (ADV) rising to 16.35bn (single count) across both on-the-runs and off-the-runs. The company has already set several record highs back in February 2019. Bryan Farrell, Head of Sales at LiquidityEdge said: Sustaining…

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June 10, 2019 BY Valentina Kirilova

DTCC announces partnerships with Catena, CSS, and Finastra

The Depository Trust & Clearing Corporation (DTCC) has today announced new partnerships with Catena Technologies, Compliance Solutions Strategies (CSS) and Finastra. The new partnerships aim to further support DTCC's mutual clients who will leverage DTCC’s Global Trade Repository (GTR) service in support of forthcoming Securities Financing Transactions Regulation (SFTR) obligations, which are anticipated to take…

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CLS Group trading volumes
June 10, 2019 BY Valentina Kirilova

CLS Group releases steady volumes in May

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 May 2019. The average daily traded volume submitted to CLS was USD1.62 trillion down 0.6 percent from USD1.63 trillion in April 2019.   Average daily traded volume submitted to CLS…

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FlexTrade teams up with ACA Technology to provide data on-demand for trade surveillance
June 10, 2019 BY Valentina Kirilova

QuantHouse teams up with Eventus Systems to support Validus trade surveillance and risk platform

Global provider of end-to-end systematic trading solutions including innovative market data services, algo trading platform and infrastructure solutions QuantHouse just announced that its QuantFEED has been selected by Eventus Systems to provide market data for its trade surveillance platform Validus. LeapRate reminds that as of the beginning of 2019, two more companies have formed a…

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