Category: Institutional

US oil index is prime
April 11, 2019 BY Valentina Kirilova

IAM Corp. acquires oil & gas production firm Lagasco Inc. for $22m

Canada’s alternative asset management company Integrated Asset Management Corp. (IAM) (TSX:IAM) announced that it has just closed a $22,000,000 senior secured term loan to Lagasco Inc. Lagasco is going to use IAM's provided funds to purchase a portfolio of producing oil & gas assets located in Southwestern Ontario from a Limited Partnership. LeapRate reminds that…

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CLS Group trading volumes
April 10, 2019 BY Valentina Kirilova

CLS Group average daily traded volume up 8% MoM in March

CLS Group, the market infrastructure provider of risk mitigation services to the global FX market, has published its operating metrics for the month of March 2019. The average daily traded volume submitted to CLS was USD1.86 trillion up 8% from USD1.73 trillion in February 2019. CLS Group has recently reported its annual volumes and shared…

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FlexTrade integrates MSCI Risk and Factor Analysis
April 10, 2019 BY Valentina Kirilova

FlexTrade joins FDC3 and teams up with OpenFin

Multi-asset execution and order management systems company FlexTrade has just announced that it has teamed up with the operating system (OS) of finance OpenFin. The partnership will improve workflow management for buy-side traders using FlexTrade’s execution management system FlexTRADER and its cloud-based trading system FlexNOW. FlexTRADER has operated an open architecture model for many years, ensuring…

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Deutsche Bank
April 08, 2019 BY Valentina Kirilova

Deutsche Bank to offer client clearing via CDSClear

Global clearing house group LCH just announced that Deutsche Bank has gone live to offer client clearing via CDSClear. Deutsche Bank is the first German bank to offer this service. MEAG and Union Investment are the first clients to connect to CDSClear via Deutsche Bank. Frank Soussan, Global Head of CDSClear, said: We’re delighted that…

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FlexTrade teams up with ACA Technology to provide data on-demand for trade surveillance
March 28, 2019 BY Valentina Kirilova

Invast Global selects OneMarketData's OneTick Surveillance

Data management and analytics company OneMarketData has just announced that it has teamed up with the APAC multi-asset prime brokerage firm Invast Global. The brokerage has selected OneTick Surveillance to be hosted and fully managed by OneMarketData and can now ensure that all trades carried out globally are protected and monitored appropriately as part of an…

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clsnet
March 27, 2019 BY Valentina Kirilova

eToro acquires blockchain company Firmo

eToro, the Israel-based trading and investment platform, just weeks after launching its services in the United States, announced that it will purchase the smart contracts provider, Firmo for an undisclosed price. Through this purchase, eToro hops to grow the tokenized financial assets on its own platform. In particular, eToro was most interested in the technical…

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clsnet
March 26, 2019 BY Valentina Kirilova

Swissquote completes acquisition of Internaxx Bank SA

Leading Swiss online banking and brokerage firm Swissquote Group Holding SA (SWX:SQN) announced that it has completed the acquisition of Internaxx Bank in Luxembourg after receiving regulatory approval from the European Central Bank and the CSSF (Commission de Surveillance du Secteur Financier) in Luxembourg. The €27.7 million purchase price includes goodwill of approximately 25% and is being…

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acquisition
March 26, 2019 BY Valentina Kirilova

Fiera Capital acquires Integrated Asset Management Corp.

Canada’s alternative asset management company Integrated Asset Management Corp. (IAM) (TSX:IAM) has announced earlier that it has entered into a definitive arrangement agreement with Fiera Capital Corporation (TSX:FSZ) last week. According to the agreement, Fiera Capital will acquire all of the outstanding common shares of IAM. Transaction Highlights: Total consideration to IAM shareholders of $74…

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ANZ ends its $3 billion share buy-back program
March 25, 2019 BY Valentina Kirilova

ANZ ends its $3 billion share buy-back program

The Australia and New Zealand Banking Group Limited (ANZ) has announced on Friday (March 22) that it has completed its $3 billion on-market share buy-back with 108.7 million ordinary shares purchased under the program that commenced in January 2018. This equates to approximately a 3.7% reduction in ordinary shares on issue. ANZ Chief Financial Officer…

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