TradingScreen teams up with Imagine Software to enhance offerings LeapRate

September 07, 2018 BY Valentina Kirilova

TradingScreen teams up with Imagine Software to enhance offerings

TradingScreen Inc. (TS), the all-asset class order and execution management system (OEMS), has just announced upgrades to its partnership with Imagine Software, which offers real-time portfolio, risk, and compliance management solutions. TradingScreen recognizes the need to create seamless integrations and cultivate deeper partnerships to ultimately benefit trading desks faced with varying regulatory and compliance demands,”…

September 07, 2018 BY LeapRate Staff

Virtu prepays another $74 million on its KCG acquisition term loan facility

Virtu Financial, Inc. (NASDAQ:VIRT), a leading technology-enabled market maker and liquidity provider to the global financial markets, today announced further actions to reduce debt and modify its capital structure. Virtu has commenced marketing for a repricing transaction of its 1st Lien Senior Secured Term Loan Facility (the “TL”). In conjunction with the repricing transaction, Virtu…

September 07, 2018 BY Valentina Kirilova

MGEX announces its second best total fiscal year volume ever

MGEX, a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO), has released the results of its fiscal year on Friday, August 31, 2018 at 2,320,880 contracts. September 2017 to August 2018 is now the Exchange’s second best fiscal year. The 2017-2018 fiscal year was the fifth consecutive year in which MGEX’s total volume has…

September 07, 2018 BY Valentina Kirilova

Stater Global hires Max Moriarty from FIXI plc for FX Sales

FCA regulated Prime of Prime brokerage Stater Global Markets has added Max Moriarty to its team as the first member of the Stater Global Markets sales team. Moriarty joins the London-based FCA regulated Prime of Prime brokerage from a senior FX sales role at FIXI plc. He has over three years’ experience in EMEA sales, originally…

September 07, 2018 BY LeapRate Staff

Playtech offloads its 9.99% stake in Plus500 for £176 million

There are a lot more free floating shares out there now for Plus500 Ltd (LON:PLUS). Just several hours after a group of Plus500 founders sold 9.39 million shares in the company for £145 million, another 11.4 million PLUS shares hit the market, with online gaming and financial trading company Playtech PLC (LON:PTEC) selling its entire 9.99% stake…

September 07, 2018 BY Valentina Kirilova

Xenfin Capital's Sophie Verdellet joins MarketFactory as Account Manager

MarketFactory, the foreign exchange technology platform, has just announced that Sophie Verdellet, previously holding the position of eFX business development at Xenfin Capital, has joined the company as an account manager. Based in London, she will be responsible for account management and customer service in the EMEA region. Sophie Verdellet will report directly to MarketFactory…

September 07, 2018 BY LeapRate Staff

Exclusive: Admiral Markets revenues head higher in 1H-2018 at €16.9 million

LeapRate Exclusive… LeapRate has learned that Estonia based Retail FX brokerage firm Admiral Markets Group AS has posted a nice rise in Revenues for the first half of 2018, with its Profit for the six month period nearly matching that of the entire 2017 year. Admiral Markets - which is physically represented in 16 countries including…

September 07, 2018 BY LeapRate Staff

Plus500 founders unload more than half their remaining stake pocketing £145 million

Almost immediately following the expiry of the 180 day lockup which they agreed to following their last share sale in early March 2018, the founding group of Plus500 shareholders have announced that they have sold another chunk of stock, representing more than half of their remaining collective stake in the company. In total, the shareholder…

September 06, 2018 BY LeapRate Staff

Sucden Financial partners with FairXchange for FX trade execution performance

International derivatives and FX broker Sucden Financial has announced that it has partnered with FairXchange to provide its eFX clients and partners with independent analysis of execution performance. FairXchange is a data science firm specialising in microstructural analysis of financial markets. It was founded in 2016 with the aim of bringing clarity and transparency to…

September 06, 2018 BY LeapRate Staff

Curex Group hires Glen Sargeant for European Business Development

New York City-based institutional foreign exchange execution services and data analytics company Cürex Group has announced that Glen Sargeant has joined its ranks as Managing Director, European Business Development. Based in London, Glen Sargeant will be responsible for the development of customer relationships for Cürex throughout the UK and Europe. Glen Sargeant has 25 years of…

Category: Forex