Framework, a specialist global solutions vendor for Private Equity (PE) and Real Estate (RE) investments, has made a senior hire to its leadership team to meet demand for its enterprise investment accounting data management solutions. Framework today announced the appointment of Alan Naughton as CEO. The appointment of Alan Naughton, together with other key hires…
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Cboe Global Markets, Inc. (Cboe: CBOE) has welcomed the announcement by the Securities and Exchange Commission (SEC) that its Division of Trading and Markets will host a two-day roundtable covering market data and access on October 25 and 26, 2018. We applaud the SEC for hosting a roundtable on industry market data and we look…
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LeapRate Exclusive... LeapRate has learned that FCA regulated institutional FX brokerage group Sigma Broking Limited has sold its CFD and spread betting arm Sigma Trading to Gibraltar based InterTrader Limited. InterTrader is the Retail financial trading arm of gaming giant GVC Holdings PLC (LON:GVC), and also provides liquidity services to Retail FX platforms. GVC is one of…
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KGI Securities (Singapore) Pte Lte and Trading Technologies International, Inc. (TT), a global provider of high-performance professional trading software, have announced KGI Securities has contracted with Trading Technologies to distribute the TT trading platform. In doing so, KGI Securities’ global customer base now has access to TT’s comprehensive suite of trading tools, including MD Trader®,…
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LeapRate has learned via regulatory filings that FCA regulated online CFDs broker Plus500 Ltd (LON:PLUS) has acquired another large institutional shareholder, with US investment giant BlackRock Inc. (NYSE:BLK) picking up a 7.02% interest in Plus500. At current market prices of £14.48 for PLUS the BlackRock stake in Plus500 is worth £115.8 million (USD $152 million). Most of the…
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oneZero Financial Systems has just announced release 7.0 of its Liquidity Hub, introducing new auto-hedging, quote filtering and automated session controls. These capabilities empower broker-dealers and market makers to optimize their liquidity and client pricing to better compete in the institutional and retail FX, commodities and futures markets. We are excited to introduce the newest…
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TMX Group (TSX:X) has announced leadership changes at two of its subsidiaries: London-based Trayport Limited (Trayport), provider of technology and software solutions for energy traders, brokers and exchanges and Shorcan Brokers Limited (Shorcan), Canada's premier inter-dealer fixed-income bond broker. Kevin Heffron, President of Trayport is leaving Trayport to pursue other opportunities. Over the past nine…
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LeapRate Exclusive... LeapRate has learned that FCA regulated institutional FX broker FIXI plc has appointed Tom Tragett as Chief Market Analyst. FIXI is controlled by Goran Drapac, also the founder and shareholder of Australia based Retail FX broker AxiCorp, which operates the AxiTrader brand. Tom Tragett has been involved in the FX markets for nearly 40…
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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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Cobalt, the foreign exchange (FX) post-trade processing network based on shared infrastructure and high performance technology, has informed that it has appointed FX industry veteran Darren Coote as managing director. Darren Coote has been working with Cobalt since the end of 2017 as a strategic advisor and will now take on responsibility for the day…
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