While financial news channel talking heads keep telling us that the new normal is gradual economic growth and that key statistical trends are right on track, there is a growing groundswell of clarion calls coming from economists, politicians, and even one key former central banking head that things are not all right. Debts have increased…
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Information giant Thomson Reuters (NYSE:TRI) has confirmed last Friday that it and private equity funds affiliated with Blackstone are in discussions related to a possible acquisition of Refinitiv by the London Stock Exchange Group plc (LSEG). According to latest news, LSEG will acquire Refinitiv for a total enterprise value of approximately US$27 billion. New LSEG…
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TradAir, a provider of institutional trading solutions for FX and Digital Assets, has just completed an $11M Series D round, led by new investors GF Investments and the family office of Harvey Golub, former Chairman and CEO of American Express. Over the last year, TradAir has delivered strong financial, product, and operational performance, including 45%…
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DriveWealth, LLC, a U.S. based global digital trading technology company, has just announced that it has teamed up with Vested Finance, a U.S. registered investment adviser (RIA) serving the retail investor market in India. The DriveWealth platform is launching broadly today and aims to give individual investors in India seamless digital access to the U.S.…
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The following article is courtesy of Nikolas Papas, Market Strategist, InvestingCube.com and ATFX. The Facebook (NASDAQ:FB) stock price increased by almost 55% this year and erased all of its 2018 losses; despite the growth of Facebook decelerated as legal costs and higher investments pressured its earnings, but the Instagram expansion largely offset those worries. On…
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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…
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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…
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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…
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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…
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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…
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