Derivatives marketplace CME Group has announced that it will change the time its FX options expire to 10 a.m. ET. This change will begin with contracts expiring after June 9, 2019. Clients across time zones will be able to trade listed options that expire at the same time as most over-the-counter (OTC) contracts. Aligning to…
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LeapRate Exclusive... LeapRate has learned that AT Global Markets (UK) Limited, the UK arm of global retail FX brokerage group ATFX, has upgraded its license from the FCA to a full-scope IFPRU €730,000 license, expanding the services it can provide to clients. ATFX's original license from the FCA was for a Limited License – matched principal broker.…
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MetaTrader technologies and integration specialist Gold-i has announced that it has formed a partnership with World Mark Consultants (WMC) - one of Asia’s leading resellers of technology solutions for brokers - to accelerate growth in Japan. As part of the agreement, WMC will focus on client acquisition and will also provide product support in Japanese. The…
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Information giant Thomson Reuters (NYSE:TRI) has just announced that it has enhanced its Reuters Capital Markets 19901 (RCM19901) service with pricing sourced through Dealerweb and ICAP, providing its fixed income trading clients with a global rates offering to further enable their trading decisions. This is the first time that Tradeweb’s Dealerweb pricing will be available…
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LeapRate Exclusive... LeapRate has learned that FCA regulated institutional FX and CFDs broker Global Market Index Limited (GMI UK) has hired two senior London based FX Sales executives from FXCM. The two new hires joining GMI are Chris Hossain-Nelson, former Global Head of Institutional Partnerships at FXCM, and Aaron Brown, former Head of IB Sales.…
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Cboe Global Markets, Inc. (Nasdaq: CBOE) has announced plans to transfer the primary listing of its common stock to Cboe BZX Equities Exchange (Cboe). Currently, Cboe shares are dual-listed on both Cboe and the Nasdaq Global Select Market (Nasdaq). Cboe plans to delist from Nasdaq effective September 14, 2018, after the market close, and begin…
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AcadiaSoft Inc., the industry provider of margin automation solutions worldwide, and Quaternion Risk Management Ltd., a risk analytics firm, have announced the formation of a partnership to provide risk services for firms subject to initial margining requirements for non-centrally-cleared derivatives. The initiative couples AcadiaSoft's proven capabilities in automation with Quaternion's extensive quantitative expertise and will…
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London Central Portfolio (LCP) has informed the public that it has analysed HMRC (HM Revenue and Customs)’s Quarterly Stamp Duty Land Tax (SDLT) Statistics for Q2 2018 released this week. In conjunction with the Quarterly Land Transaction Tax Statistical Release from the Welsh Revenue Authority, this reveals: Tax receipts in Q2 2018 are down 13.8%…
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INTL FCStone Ltd (NASDAQ:INTL) has announced the expansion and restructuring of its metals division to provide clients with a more robust product offering and enhanced technological capability, creating a transparent pricing with a state-of-the-art user interface. As part of these changes, the company is disclosing the appointment of eight experienced professionals to the metals team.…
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Quarterly filings from investment company Jefferies Financial Group Inc (NYSE:JEF) - formerly known as Leucadia - indicate that the outstanding amount owed to Jefferies by Retail FX broker FXCM Group as at June 30 stood basically unchanged from at the end of Q1, at $70.4 million. Which, basically means that during Q2 FXCM made $3.5 million…
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