Derivatives marketplace CME Group (NASDAQ:CME) has today released its results for the third quarter of 2018 with a revenue of $904 million and operating income of $550 million. Net income was $412 million and diluted earnings per share were $1.21, up from $0.91 in third-quarter 2017. On an adjusted basis, net income was $495 million…
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AxiomSL, the provider of regulatory reporting and risk management solutions, has announced that it has partnered with SKS Unternehmensberatung, an implementation provider of regulatory, risk and compliance management systems in Germany. The new partnership will enable AxiomSL to further expand their presence in Germany, Austria and Luxembourg by leveraging SKS’s well established consultancy expertise and…
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Tools For Brokers, a provider of fintech solutions for the crypto and forex industry, has just announced the opening of a new office in Bangkok. This is a major step forward in realising Tools For Brokers’ strategic expansion into Asian markets. The idea of opening a new office in Bangkok is not accidental: it comes…
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The Stock Exchange of Thailand (SET)’s INVESTORY, the first investment discovery museum in Thailand, has launched an extra exhibition to promote Dollar-Cost Averaging (DCA) investment on October 24. SET Senior Executive Vice President Krisada Sektrakul said that SET is committed to providing financial literacy to the public, particularly in the areas of personal finance. After…
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MarketFactory, the foreign exchange technology platform, has just announced that their API, Whisperer, completed integration with Elysium Technology Group, an innovator in trade processing solutions for FX and futures, middle and back office product, Mission Control. A global investment bank was the first customer to go live with the integration last month. By leveraging Whisperer…
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Information giant Thomson Reuters (NYSE:TRI) has announced that it has signed a definitive agreement to acquire Integration Point, a global trade management (GTM) operations company. The completion of the acquisition is subject to customary regulatory approvals and closing conditions. Terms of the transaction were not disclosed. Recent debate over trade agreements like TPP, the United…
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Payments Canada, the Bank of Canada, TMX Group (TSX:X), Accenture (NYSE: ACN) and R3 have published a report demonstrating the feasibility of clearing and settlement of securities using distributed ledger technology (DLT). The findings are a result of the third phase of Project Jasper, a collaborative research initiative between Payments Canada, the Bank of Canada and…
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TradingScreen Inc. (TS), the all-asset class order and execution management system (OEMS), has just announced an expansion of its strategic collaboration with ITG. TS customers will now benefit from access to ITG’s POSIT Alert, a source of block liquidity for institutional investors. POSIT Alert averages daily liquidity of over $80 billion across 38 markets worldwide.…
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The Financial Stability Board (FSB) Plenary met in Ottawa today. Market developments and vulnerabilities The Plenary discussed market developments and vulnerabilities in the global financial system. Members considered that, while global growth remained solid, it has become more uneven across economies, and some downside risks have begun to materialise. Increases in policy interest rates and…
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Fiserv, Inc. (NASDAQ: FISV), a global provider of financial services technology solutions, has announced a newly expanded agreement with The Co-operative Bank to provide more flexibility for customers to choose how they conduct their everyday banking in relation to the European Union’s Second Payment Services Directive (PSD2). The bank will implement FinKit™ for Open Banking…
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