Category: Institutional

NEX Regulatory Reporting launches Australian regulatory derivative reporting solution
September 13, 2018 BY Valentina Kirilova

NEX Regulatory Reporting launches Australian regulatory derivative reporting solution

NEX Regulatory Reporting, a NEX Group (LON:NXG) business which provides regulatory reporting services across global regimes, has announced today that it has launched a new solution for derivatives transaction and position reporting under ASIC’s (Australian Securities and Investments Commission) OTC derivatives trade reporting requirements. The ASIC solution expands NEX Regulatory Reporting’s global reporting coverage and…

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QuantHouse
September 12, 2018 BY Valentina Kirilova

QuantHouse announces global access of QuantFEED for Cboe market data

QuantHouse, the independent global provider of end-to-end systematic trading solutions including innovative market data services, algo trading platform and infrastructure solutions, has announced its QuantFEED and QuantLINK will provide optimized direct access to Cboe market data. With this new service, QuantHouse now provides clients access to all asset classes traded by Cboe from all QuantHouse…

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AcadiaSoft launches sensitivities calculation services
September 12, 2018 BY Valentina Kirilova

AcadiaSoft launches sensitivities calculation services

AcadiaSoft Inc., the provider of margin automation solutions worldwide, has announced that it is offering two new services to streamline the generation of inputs necessary for margin calculations using *ISDA SIMM™. Market participants that are in-scope for the calculation of initial margin for uncleared derivatives can access risk sensitivities calculation services both through AcadiaSoft and…

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Saxo Payments Banking Circle tackles cashflow gap faced by online merchants
September 11, 2018 BY Valentina Kirilova

Saxo Payments Banking Circle tackles cashflow gap faced by online merchants

Financial utility Saxo Payments Banking Circle has just announced that it has launched Banking Circle Receivables Factoring giving Payment Services Providers (PSPs) and FinTechs another add value for their client offering. Through this new lending solution, PSPs can now offer their merchant customers the facility of instant settlement of receivables due, without waiting for settlement…

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Broadridge Financial Solutions Inc. (NYSE:BR)
September 10, 2018 BY Valentina Kirilova

Broadridge launches new MiFID II solution

Broadridge Financial Solutions, Inc. (NYSE:BR), a global fintech leader and recent addition to the S&P 500 Index, has just announced that it has launched a new solution to support investment firms with their MiFID II ex-post reporting obligations outlined under Article 50 of the Delegated Regulation. This latest solution is part of a suite of…

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Bell Direct selects FlexTrade OMS for Smart Order Routing & Algo trading
September 10, 2018 BY Valentina Kirilova

Australian broker Bell Direct selects FlexTrade OMS for Smart Order Routing & Algo trading

Multi-asset execution and order management systems company FlexTrade Systems has just announced it is working with Australian-based, online broker Bell Direct to use FlexOMS to facilitate Smart Order Router Algo strategies for the Australian market (ASX and Chi-X Australia). According to Lee Muco, COO of Bell Direct, choosing FlexTrade was a strategic choice. We needed…

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September 07, 2018 BY Valentina Kirilova

TradingScreen teams up with Imagine Software to enhance offerings

TradingScreen Inc. (TS), the all-asset class order and execution management system (OEMS), has just announced upgrades to its partnership with Imagine Software, which offers real-time portfolio, risk, and compliance management solutions. TradingScreen recognizes the need to create seamless integrations and cultivate deeper partnerships to ultimately benefit trading desks faced with varying regulatory and compliance demands,”…

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Virtu Financial
September 07, 2018 BY LeapRate Staff

Virtu prepays another $74 million on its KCG acquisition term loan facility

Virtu Financial, Inc. (NASDAQ:VIRT), a leading technology-enabled market maker and liquidity provider to the global financial markets, today announced further actions to reduce debt and modify its capital structure. Virtu has commenced marketing for a repricing transaction of its 1st Lien Senior Secured Term Loan Facility (the “TL”).  In conjunction with the repricing transaction, Virtu…

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MGEX announces its second best total fiscal year volume ever
September 07, 2018 BY Valentina Kirilova

MGEX announces its second best total fiscal year volume ever

MGEX, a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO), has released the results of its fiscal year on Friday, August 31, 2018 at 2,320,880 contracts. September 2017 to August 2018 is now the Exchange’s second best fiscal year. The 2017-2018 fiscal year was the fifth consecutive year in which MGEX’s total volume has…

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