Copenhagen based Retail FX and CFDs broker Saxo Bank has announced that it will begin to offer CFD Options on a range of option roots, covering puts and calls on 15 of the world’s largest stock indices. CFD Options are OTC instruments based on Exchange Traded Index Options. They can help diversify a portfolio, as…
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Itiviti, the global provider of multi-asset trading technology and financial infrastructure, today announced the addition of the Hudson River Trading Systematic Internaliser (HRSI) venue to its expanding connectivity offering. The connection, which is now live, provides Itiviti clients with access to liquidity sourcing from Hudson River Trading, one of the largest Electronic Liquidity Provision (ELP)…
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The "ESMA effect" is certainly beginning to be felt by some of the leading Forex and CFD brokers. FCA regulated online CFDs broker Plus500 Ltd (LON:PLUS) has issued a Trading Update for Q3, indicating that Revenues fell by 40% from the previous quarter to $100.1 million (and were just about a third of record Q1 revenues…
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The Financial Stability Board (FSB) Plenary met in Ottawa today. Market developments and vulnerabilities The Plenary discussed market developments and vulnerabilities in the global financial system. Members considered that, while global growth remained solid, it has become more uneven across economies, and some downside risks have begun to materialise. Increases in policy interest rates and…
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Technology provider PrimeXM has just announced that it has established a new presence in London’s Equinix LD6 data centre, to accommodate growing demand. LD6 is physically positioned across from LD4 and the two data centers are interconnected by multiple path redundant dark fiber connections ensuring stable and reliable connectivity. PrimeXM CEO Cristian Vlasceanu said: We have…
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Fiserv, Inc. (NASDAQ: FISV), a global provider of financial services technology solutions, has announced a newly expanded agreement with The Co-operative Bank to provide more flexibility for customers to choose how they conduct their everyday banking in relation to the European Union’s Second Payment Services Directive (PSD2). The bank will implement FinKit™ for Open Banking…
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BNP Paribas Asset Management (BNPP AM) has just announced the appointment of Adam Kanzer as Head of Stewardship, Americas, within its Sustainability Centre. Based in New York, Adam Kanzer joined on 19 October and reports to Helena Viñes Fiestas, BNPP AM’s Global Head of Sustainability Research and Policy. In this newly-created role, Adam Kanzer will…
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The global payments provider Paysafe has just announced that it has appointed Peter Smith as Chief Financial Officer (CFO). A US national, Smith is based in Paysafe’s U.S. office in Houston and reports into President and CEO, Joel Leonoff. He takes over as head of Paysafe’s global finance function which includes treasury, tax, financial planning…
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FlexTrade Systems, a global provider in multi-asset execution and order management systems, today announced the integration of ipushpull (iPP), a real-time interoperability platform, with its FlexNOW execution management system to provide users with access to iPP’s live data sharing and workflow automation between desktop applications, messaging platforms, in-house systems and cloud services. We chose ipushpull…
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LeapRate has learned via regulatory filings that Paris based asset manager Boussard & Gavaudan has sold down its equity position in online gaming and financial trading company Playtech PLC (LON:PTEC) from 9.1% to 4.8%. Boussard & Gavaudan holds its entire Playtech stake in the form of CFDs. Its 15.28 million Playtech CFDs are worth approximately £67.7 million…
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