Category: Institutional

DTCC - new additions to the Board
September 27, 2018 BY Valentina Kirilova

DTCC teams up with Symphony to expand exception management platform

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure provider for the global financial services industry, has announced it has signed an agreement with Symphony that significantly expands communication and collaboration capabilities within the DTCC Exception Manager (DXM) service. Symphony is a messaging and collaboration platform used by many of the world’s…

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September 26, 2018 BY Valentina Kirilova

ADGM signs MoU with ADSSSA

Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi has just announced the signing of a strategic new Memorandum of Understanding (MoU) with Abu Dhabi Smart Solutions & Services Authority (ADSSSA). The new partnership is aimed at exploring innovative initiatives and projects that can greatly contribute towards the development of the financial…

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NEX TriOptima simplifies compliance with the initial margin rules
September 25, 2018 BY Valentina Kirilova

NEX TriOptima simplifies compliance with the initial margin rules

NEX TriOptima, a NEX Group (LON:NXG) business which lowers costs and mitigates risk in OTC derivatives markets, has announced that it can simplify compliance with the initial margin (IM) rules with its end-to-end solution that requires just one simple trade file. Approximately ten firms were brought in-scope in September 2018. However, thousands of buy-side participants…

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CLS Group trading volumes
September 24, 2018 BY Valentina Kirilova

CLS Group releases H1 2018 interim report

CLS Group (CLS), the market infrastructure provider of risk mitigation services to the global FX market, has just announced its Interim Financial Report, releasing record traded volumes in CLSSettlement, but reporting a loss for the six months to 30 June 2018 from a financial perspective. The complete message from Ken Harvey, David Puth and Trevor Suarez…

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September 21, 2018 BY Valentina Kirilova

TPG Capital selects PFA Solutions' FirmView platform

TPG Capital (TPG), a global private equity and alternative asset firm, has selected PFA Solutions' FirmView® to support their GP accounting and reporting needs. PFA Solutions, a provider of alternative investment technology and services, has announced today that TPG, the global private equity platform and alternative asset firm, has selected the FirmView platform to support…

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Republic of Abkhazia cuts power to 15 miners – What is going on here?
September 21, 2018 BY Valentina Kirilova

Peabody to acquire Shoal Creek mine assets from Drummond Company

Peabody (NYSE:BTU) has just announced that it has signed a definitive agreement to purchase the Shoal Creek metallurgical coal mine from private coal producer Drummond Company, Inc. for $400 million. Shoal Creek is located on the Black Warrior River in Central Alabama and serves Asian and European steel mills with high-vol A coking coal. The…

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RSRCHXchange launches ESG initiative
September 20, 2018 BY Valentina Kirilova

New research outlines ways to future proof post-trade operations

Opting for managed services for non revenue-generating activities and implementing scalable cloud computing power will be key differentiators in terms of financial services firms’ ability to compete in the digital age, according to a white paper published today by Celent, a global research, advisory, and consulting firm, and Torstone Technology, a provider of post-trade securities…

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Cboe Global Markets
September 20, 2018 BY Valentina Kirilova

Cboe Europe to launch equities trading in three new markets

Cboe Europe has announced it will expand its coverage to 18 markets across Europe with the planned launch of trading in Polish, Hungarian and Czech securities beginning 5th November 2018, pending regulatory review. Cboe Europe plans to offer trading in the stocks that comprise the following indices: WIG20 Index (Poland) BUX Index (Hungary) PX Index…

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