Category: Forex

direct fx bankrupt
October 16, 2018 BY LeapRate Staff

Exclusive: Direct FX placed into bankruptcy, Deloitte named as Liquidator

LeapRate Exclusive... LeapRate has learned that embattled Australia based Retail FX broker Direct FX Trading Pty Ltd has been placed into liquidation. The move became effective as of October 11. Jason Tracy, a Partner in the Financial Advisory group of Deloitte's Restructuring Services arm in Australia was named as Liquidator. The liquidator's plans are apparently to…

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oneZero Financial Systems announces partnership with Jefferies Services
October 16, 2018 BY Valentina Kirilova

ADM Investor Services joins oneZero Financial Systems’ ecosystem

ADM Investor Services, Inc. (ADMIS) has announced that it will be providing FX prime brokerage, execution, and settlement services through oneZero Financial Systems’ EcoSystem. This is a strategic expansion for the ADMIS’ FX services and distribution network and will make its professional and institutional offerings available to a broader set of market participants. Customers of…

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The Pound could be on its way to parity
October 16, 2018 BY Valentina Kirilova

The Pound could be on its way to parity

Wage growth in the UK, excluding bonuses, has risen at its fastest pace in nearly 10 years during the three months to the end of August, boosting sterling as upbeat data on the mortgage market also helped offset no-deal Brexit fears. Pay rose by 3.1%, compared with a year ago, while inflation for the same…

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October 16, 2018 BY Valentina Kirilova

Anova Technologies announces collaboration with Beeks Financial Cloud

Anova Technologies, an international carrier and market data provider, has just announced a collaboration with Beeks Financial Cloud Group Plc, a low-latency Infrastructure-as-a-Service (IaaS) provider for financial markets, to deploy microwave connectivity between the NY4 and DC3 data centers. The joint offering will provide Beeks’ clients, including foreign exchange (FX) traders, cost-effective and ultra-low latency…

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October 16, 2018 BY Valentina Kirilova

Quantitative Brokers’ execution algorithms now available to the QuantHouse community

QuantHouse, the independent global provider of end-to-end systematic trading solutions including innovative market data services, algo trading platform and infrastructure solutions, has announced access to Quantitative Brokers’ (QB) best execution algorithms for futures and fixed income. QB is a global, independent technology company providing advanced execution algorithms and analytics for global futures and US cash…

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Trading Technologies teams up with TradeStation to offer its options-on-futures technology
October 16, 2018 BY Valentina Kirilova

Nissan Securities to distribute Trading Technologies' platform

Trading Technologies International, Inc. (TT), a global provider of high-performance professional trading software, infrastructure and data solutions, and Nissan Securities, a Tokyo-based futures execution and clearing member, have just announced that Nissan Securities has contracted to distribute the TT platform. With this agreement, Nissan Securities will further expand its trade execution technology by directly offering…

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DZ PRIVATBANK migrates to Itiviti multi-asset OMS platform
October 16, 2018 BY Valentina Kirilova

Capital Crux joins Itiviti’s Global Alliance Programme

Itiviti, the global provider of multi-asset trading technology and financial infrastructure, has announced a new partnership with Capital Crux, a Hong Kong based digital consulting firm with its headquarter in Shanghai. Capital Crux has joined the Itiviti Global Alliance Programme (GAP) as a Business Introducing Partner (BIP), supporting Itiviti’s business development efforts in mainland China.…

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playtech offices
October 16, 2018 BY LeapRate Staff

JP Morgan takes up 6.4% position in Playtech

Another major institutional player has taken a large bet on online gaming and financial trading company Playtech PLC (LON:PTEC), with regulatory filings showing that US banking giant JP Morgan has picked up an effective 6.41% stake in Playtech over the past few days, JP Morgan's stake consists mainly of a series of cash-settled equity swaps, plus…

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cme building
October 16, 2018 BY Valentina Kirilova

CME Group reports strong Asia growth in Q3 led by equities and FX

Derivatives marketplace CME Group (NASDAQ:CME) has announced that it achieved Asia Pacific quarterly average daily volume (ADV) of 726,000 contracts in the third quarter of the year, up 4% from the corresponding period last year. This was driven largely by a strong performance in Equity and FX products, up 41 percent and 36 percent respectively.…

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