The Autorité des marchés financiers (AMF) has informed the public that it has analysed nearly 800 French funds using a method based on fund return and market data, which enables more funds to be examined than was previously possible. This approach does not relieve the regulator of carrying out an in-depth individual analysis of the…
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Banque Internationale à Luxembourg (BIL) has announced that it has decided to further strengthen its partnership with post-trade services provider Clearstream. Going forward, Clearstream, which is part of Deutsche Börse Group, will support the bank in streamlining its third-party fund processing activities. The scope of services includes order execution, settlement and asset servicing of both…
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Cboe Global Markets, Inc. (Nasdaq: CBOE) has announced plans to establish a new venue in Amsterdam to ensure the company is well-positioned to continue to serve its customers across Europe from April 2019, after the UK’s planned exit from the European Union (EU). Cboe Europe has filed its application with the Dutch Authority for the…
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NEX Group plc (LON:NXG), a financial technology company at the centre of global markets, has just announced its trading statement for the month of June 2018. Spot FX results were down 5% MoM. US Treasury’s numbers also dropped to 156.6 with 12% MoM. The complete results can be seen in the table below: NEX Markets…
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CLS, a market infrastructure group delivering settlement, processing and data solutions, has announced that its new post-trade monitoring and reporting tool, CLSTradeMonitor, has gone live with the first asset managers, including Mesirow Financial and Mountain Pacific Advisors, LLC. CLSTradeMonitor improves operational efficiency, provides transparency, and reduces operational risk for third parties currently settling in CLS.…
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Multibank FX aggregation service FXSpotStream has just announced that June volumes totaled $637.7 billion - down slightly from May's record $645.4 billion, but still up 8% over May in terms of average daily volumes. FXSpotStream is a bank owned consortium operating as a market utility, providing the infrastructure that facilitates a multibank API and GUI to…
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LCH, a global clearing house, has announced that J.P. Morgan has gone live as CDSClear’s first US bank to offer client clearing. As a result, Swedish pension fund AMF is now clearing European and US credit default swaps through CDSClear, using J.P. Morgan Securities Plc as its clearing broker. This development is the latest achievement…
Read morePwC Hong Kong (PwC) has announced that it has entered into an investment agreement today with Vitargent International Holdings Limited, a pioneer in bio-testing technology for product safety. This is PwC's first proposed investment in the biotechnology and internet platform space, bringing together the strengths of PwC and Vitargent to address evolving challenges in food…
Read moreLCH Limited (LCH), a global clearing house, has announced that it is now actively clearing trades on behalf of a Mexican-domiciled participant. BBVA Bancomer completed a cleared Mexican-peso denominated TIIE interest rate swap, with BBVA SA Madrid acting as the clearing broker. The transaction marks the first time a Mexican participant has used LCH SwapClear,…
Read moreLiquidityBook, a Software-as-a-Service (SaaS)-based provider of buy- and sell-side trading solutions, today announced that LBX Outsourced Trader, an advanced POEMS (portfolio, order and execution management system) with fully integrated FIX connectivity, has been selected by Dalzell Trading. Dalzell Trading is an outsourced trading firm launched in 2018 with trading desks in Boston and Philadelphia. The…
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