CLS Group, the market infrastructure provider of risk mitigation services to the global FX market, has published its operating metrics for the month of February 2019. The average daily traded volume submitted to CLS was USD1.73 trillion, down 3.3 percent from USD1.78 trillion in January 2019. Average daily traded volume submitted to CLS…
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LiquidityEdge, an electronic network for trading US Treasuries (UST), released its trading volumes data for February 2019, which set several record highs. Users of the platform traded more than USD 31 billion (single count) on 28 February 2019 through both off-the-runs and on-the-runs. The platform also set a new weekly record in February when USD…
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INTL FCStone Inc. (NASDAQ: INTL) revealed that the expansion of its FXePrice platform, by its UK subsidiary, has attracted 52 users working for 17 institutions who trade 12 unique exotic currencies pairs for 24 hours each day. The FXePrice system enables banks to send their FX rates directly to the company’s Global Payments Division’s (IFL),…
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Busy week for TradingScreen Inc. (TS) as it just informed that it would be expanding its development and technology operations to Montréal as “TradingScreen Electronic Financial Solutions Inc.” (TS Canada). Just yesterday, the multi-asset class order and execution management system (OEMS) announced the release of QUO, a cloud-based platform for managing investments that is being…
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FX technology company Integral just released its volumes report for the month of February 2019. Average daily volumes (ADV) across Integral platforms totaled $33.3 billion in February 2019. This represents a decrease of 4% compared to the previous month. The volume across Integral platforms totaled $666.4 billion in February 2019. Notably, February has two fewer…
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TradingScreen Inc. (TS) today announced the release of QUO, a cloud-based platform for managing investments that is being marketed as a ‘software-as-a-service’ SaaS. The new service offers a platform with streamlined and efficient execution across a suite of workflow streams. The company has significant experience with developing such systems as it currently offers an order…
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Virtu Financial, Inc. (NASDAQ:VIRT) has just completed its acquisition of Investment Technology Group, Inc. (NYSE:ITG) in a cash transaction valued at $30.30 per ITG share, or a total of approximately $1.0 billion. Virtu Financial has entered into a definitive agreement to acquire Investment Technology Group back in November 2018. Douglas Cifu will continue to serve…
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Online gaming and financial trading company Playtech PLC (LON:PTEC) announced that on 04 March 2019 it purchased a total of 239,482 of its ordinary shares of no par value each (the "ordinary shares") on the London Stock Exchange (LSE) through the Company's broker Goodbody Stockbrokers UC as detailed below. The repurchased shares will be cancelled. Number of…
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Multibank FX aggregation service FXSpotStream has announced its February 2019 volumes. ADV volumes came at $34,835, down 9.2% MoM, but up 21% YoY, in the shortest month of the year. ADV figures for February are based on 20 trading days (in comparison to 22 days in January 2019). FXSpotStream's total volume was $696,702 last month.…
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TradingScreen Inc. (TS), an order and execution management system (OEMS) for all asset classes, yesterday revealed a strategic collaboration with BIDS Trading (BIDS), a U.S Alternative Trading System (ATS) that also powers the European Cboe LIS. The new alliance will allow market participants on the buy-side to access the biggest U.S. block liquidity provider as…
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