Category: Institutional

CBOE Hotspot FX volumes
October 01, 2018 BY LeapRate Staff

Cboe FX (Hotspot) September 2018 forex trading volumes up 3% to $35.8B ADV

Rebounding somewhat from the normal summer trading volumes slowdown, data from institutional Forex ECN Cboe FX Markets – formerly known as Hotspot FX – indicates that the company saw a modest 3% increase in average daily volumes during September, $35.8 billion versus $34.9 billion the previous month. Volumes remained however well below where they were during the…

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social trading
September 27, 2018 BY Valentina Kirilova

Deutsche Börse Venture Network makes public funding easier for start-ups

Technology start-ups can benefit from public funds: EU, federal and state governments grant corresponding loans and subsidies. But who is offering what exactly for whom and under what conditions? Members of Deutsche Börse Venture Network now have it easier: the new cooperation partner förderbar guides them through the complex variety of funding possibilities. Founders do…

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Blackstone office
September 27, 2018 BY LeapRate Staff

FXall may be on the block again - for $3 billion?

Bloomberg is reporting that Blackstone Group LP (NYSE:BX) is considering a sale of institutional Forex ECN FXall. And, that the business could fetch more than $3 billion. That certainly seems like a very big number, given that FXall was acquired in July 2012 for $625 million - roughly a fifth of the current proposed price.…

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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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