Category: Institutional

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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FXSpotStream forex volumes
September 05, 2018 BY LeapRate Staff

FXSpotStream sets FX volumes record in August 2018 at $652 billion

Multibank FX aggregation service FXSpotStream has reported figures indicating that August 2018 volumes were up slightly from July on an average daily volume basis, and due to having more trading days in August surpassed the company's previous best-ever month in terms of total trading volumes. Overall, FXSpotStream supported $652.4 billions of volumes in August, versus…

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NEX Group market volumes
September 03, 2018 BY Valentina Kirilova

NEX Group's market volumes drop in July

London based electronic trading firm and exchange operator NEX Group PLC (LON: NXG) has also released its market volumes for the month of July today. Spot FX results were down 15% MoM. US Treasury’s numbers dropped to 125.4 with 20% MoM. The complete results can be seen in the table below: NEX Markets Volumes –…

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FastMatch Euronext FX volumes
September 03, 2018 BY LeapRate Staff

FastMatch August 2018 FX trading volumes down 3% to $19.5 billion ADV

Continuing a string of somewhat slow set of trading volumes being reported for the summer months by leading institutional FX platforms, Forex ECN FastMatch has reported that August 2018 FX trading volumes were down 3% from July, with average daily trading volumes coming in at $19.5 billion. However, despite the seasonal slowdown, FastMatch's figures for both…

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FCA allows retail investors greater access to long-term investment opportunities
August 30, 2018 BY Valentina Kirilova

Biggest motivator for investing is a ‘flexible lifestyle’

Chasing a flexible lifestyle is the number one reason for investing or trading in the stock markets according to research carried out for Financial Technology group, ayondo. Highlights include: A survey of UK equity investors reveals: 60% say the opportunity to generate a secondary income or to make money to give them a more flexible…

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