The following article was exclusively prepared for LeapRate by IS Prime. LeapRate Exclusive... Imagine the situation… you are sitting on the trading desk reviewing activity for the day and you come across a pocket of traders who were able to arbitrage your feed systematically. It has been a few hours since the transactions took place.…
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FlexTrade, the global cross-asset execution and order management system, has just informed its clients that it has expanded staff levels at its office in Paris. The company has appointed Rushani Caiola as Fixed Income Account Manager to serve the company’s growing number of fixed income clients. Prior to FlexTrade, she was working for nearly 4…
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Multibank FX aggregation service FXSpotStream has also recently announced its revenue for the month of May 2019. Total volume last month was reported to be $802,275. With 23 trading days in May, average daily volume was up 9.1% MoM to $34,882. The complete results can be seen in the table below: *Volumes in USD millions,…
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Itiviti, financial institutions tech and service provider, just announced that DZ PRIVATBANK, the cooperative private bank of DZ BANK Group, has successfully installed Itiviti’s multi-asset OMS. DZ PRIVATBANK will now be able to support an increase in customer demand relating to performance, speed and connectivity to different markets and brokers. Additionally, regulations such as MIFID…
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Electronic US Treasuries (UST) trading venue, LiquidityEdge, has just released a record trading volumes for the month of May 2019 with average daily volumes (ADV) rising to 16.35bn (single count) across both on-the-runs and off-the-runs. The company has already set several record highs back in February 2019. Bryan Farrell, Head of Sales at LiquidityEdge said: Sustaining…
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The Depository Trust & Clearing Corporation (DTCC) has today announced new partnerships with Catena Technologies, Compliance Solutions Strategies (CSS) and Finastra. The new partnerships aim to further support DTCC's mutual clients who will leverage DTCC’s Global Trade Repository (GTR) service in support of forthcoming Securities Financing Transactions Regulation (SFTR) obligations, which are anticipated to take…
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CLS Group, the market infrastructure provider of risk mitigation services to the global FX market, has just published its operating metrics for the month of May 2019. The average daily traded volume submitted to CLS was USD1.62 trillion down 0.6 percent from USD1.63 trillion in April 2019. Average daily traded volume submitted to CLS…
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Global provider of end-to-end systematic trading solutions including innovative market data services, algo trading platform and infrastructure solutions QuantHouse just announced that its QuantFEED has been selected by Eventus Systems to provide market data for its trade surveillance platform Validus. LeapRate reminds that as of the beginning of 2019, two more companies have formed a…
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This article was exclusively prepared for LeapRate by Yuhan Mo, Account Manager at Advanced Markets and Fortex, Inc. LeapRate Exclusive... With high frequency trading estimated to account for more than 50% of the trading volume in the U.S. and more than 25% in Europe, the number of available price updates (ticks) per second has become…
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MultiBank Group, a global provider of online financial products, announced today that it has acquired the customers of AETOS Capital Group Pty Ltd in mainland China. The financial terms of the agreement were not disclosed. This acquisition involves a transfer of substantial number of clients running into tens of thousands of customers. The AETOS customers…
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