Boerse Stuttgart cats GmbH has just informed the public that on 1 August 2018 Michael Görgens will take over as member of the Management Board. He will succeed Rupertus Rothenhäuser, who is leaving the company at his own request to pursue a new career challenge. Michael Görgens will join Michael Jaeggi who has been a…
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TradingScreen Inc. (TS), the all-asset class order and execution management system (OEMS), announced the appointment of a new Chief Financial Officer (CFO). Experienced financial executive Rishi K. Gupta has joined TS as its CFO. Additionally, current TS Chief Strategy Officer Varghese Thomas has taken on the added role of Chief Operating Officer (COO). Mr.…
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INTL FCStone Inc. (NASDAQ: INTL) has announced that its London-based subsidiary, INTL FCStone Ltd, is one of the first general clearing members to join the London Metal Exchange's (LME) newly created LMEprecious service, following its launch last year. The LME, along with the World Gold Council and a group of industry participants, created LMEprecious to…
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Distribution 360, the latest European study from Broadridge Financial Solutions, Inc. (NYSE:BR), has revealed growing opportunities for asset managers selling in Europe. Despite increased complexity and disruptions in the region’s fund markets, Europe’s pool of accessible assets has reached €3.4 trillion. Broadridge Distribution 360 offers asset managers an independent guide to the European fund landscape,…
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London based online brokerage leader IG Group Holdings plc (LON:IGG) and financial connectivity solutions provider PrimeXM have announced a new strategic collaboration and technology partnership. The parties stated that this partnership will deliver unique capabilities and solutions for traders and institutional clients globally and allows both organizations to expand their unique value proposition and further bolster…
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NEX Data, which delivers independent market intelligence and price information for OTC Data, and JBOND, the electronic platform for trading in Japanese Repurchase agreements, announced today that they have launched the JBOND NEX Repo Index to measure the effective cost of funding for Japanese government bonds. The first Japanese repo index, it was launched in…
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McKay Brothers International (MBI) announced that it has reduced latency on the select London Metal Exchange (LME) data it redistributes via the wireless Quincy Extreme Data (QED) service. The reduction reflects MBI’s adoption of the new LMEsource multicast feed and the deployment of FPGA feed handlers. The median improvement from these changes is 400 microseconds,…
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Information giant Thomson Reuters (NYSE:TRI) has announced a partnership agreement with London-headquartered FINBOURNE Technology to use FINBOURNE’s cloud-based advanced investment management platform, LUSID®, for Thomson Reuters client and transaction data. LUSID is an event-based ledger with published APIs that allow in-house and third-party solutions to interface with portfolios, holdings or transactions. The partnership is designed…
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Eventus Systems, Inc., a provider of innovative regtech software solutions for the capital markets, announced that it has just launched a new, enhanced website, www.eventussystems.com. Eventus CEO Travis Schwab commented on the news: We're excited to introduce our new site and to provide a more complete view of the range of services, markets served and…
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Derivatives marketplace CME Group has announced that it achieved quarterly international (defined as outside of the US) average daily volume (ADV) of 4.2 million contracts during the second quarter of 2018, up 13 percent over the same period last year. Europe, Middle East and Africa quarterly ADV hit close to 3.3 million contracts in the…
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