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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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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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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FlexTrade, the global cross-asset execution and order management system, has just informed its clients that it has expanded staff levels at its office in Paris. The company has appointed Rushani Caiola as Fixed Income Account Manager to serve the company’s growing number of fixed income clients. Prior to FlexTrade, she was working for nearly 4…
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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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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, 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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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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MultiBank Group, a global provider of online financial products, announced today that it has acquired the customers of AETOS Capital Group Pty Ltd in mainland China. The financial terms of the agreement were not disclosed. This acquisition involves a transfer of substantial number of clients running into tens of thousands of customers. The AETOS customers…
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The financial company RoboForex announced last week that it has joined the Financial Market Development Association (ARFIN). RoboForex will now be obliged to comply with the Rules of Market and Professional Conduct, which regulate corporate conduct for the Association members, as well as follow principles of transparency and fair practice. LeapRate reminds that RoboForex has…
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