German Index provider Solactive AG has just announced that, in addition to the successful establishment of its Toronto office in January 2018, the company has now set up its second international business entity in Hong Kong. The new office houses a dedicated team of professionals who provides customized indexing solutions for ETFs and other index-linked…
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TORA, provider of cloud-based order and execution management system (OEMS), has announced the launch of TORA Rebalancing. This new solution is natively integrated within the TORA platform and helps asset managers reduce risk and improve workflow efficiencies around the portfolio rebalance process. TORA Rebalancing helps portfolio managers rebalance the allocation/weightings of a portfolio’s assets in…
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Following our exclusive report from Tuesday that Australian Retail Forex broker Direct FX was placed into liquidation with Deloitte named as administrator, it came as no surprise that today regulator ASIC announced that it was fully canceling Direct FX's AFS license. ASIC had first suspended Direct FX's license back in April. What was somewhat surprising,…
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Retail FX broker Markets.com, part of FTSE 250 group Playtech PLC (LON:PTEC), has announced the launch of ‘Live Sessions’, a new in-platform live streaming service aimed at keeping traders around the world up to speed with what’s going on in the markets with unique insights and analysis from a wide range of trading experts. To mark…
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Refinitiv, formerly the Financial and Risk business of information giant Thomson Reuters (NYSE:TRI), has just announced that its Elektron real-time data delivery using Amazon Web Services (AWS) is being expanded to meet high demand from clients across the globe. Refinitiv uses AWS to enhance customer access to real-time financial data globally. In a recent survey…
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Global network provider BSO has announced a new direct connectivity link between the Mexican stock exchange (BMV) and some of the largest exchanges across North America. BSO’s new Point of Presence (PoP) presence in Mexico City provides ultra low-latency connectivity spanning Latin America, Chicago and New York. As a result, electronic market makers will be…
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LeapRate Exclusive... LeapRate has learned that FCA regulated institutional FX and CFDs broker Global Market Index Limited (or GMI Group) has continued its global hiring spree, adding Richard Bartlett to a senior executive role at the company. Richard Bartlett is the former Head of Sales at leading technology provider PrimeXM, and has agreed to join GMI with…
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LiquidityBook, a Software-as-a-Service (SaaS)-based provider of buy- and sell-side trading solutions, has just announced the addition of Ryan Canfield as Lead Product Analyst. Mr. Canfield will lay the foundation for a team that will manage all product enhancements, working closely with the deployment and client services groups to oversee client requests and determine the most…
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LeapRate Exclusive... LeapRate has learned that Jason Gibson has left London based institutional FX broker FIXI plc, to set up a new Retail FX brokerage brand called 888 Markets, at website 888markets.com. The new business, formally incorporated as Triple Eight Markets Group Ltd, is acting as an Appointed Representative of FCA-regulated FIXI. The new company is a…
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The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, has announced the results of a benchmark study which demonstrated for the first time ever that distributed ledger technology (DLT) is capable of supporting average daily trading volumes in the US equity market of more than 100…
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