Investment company Leucadia National Corp (NYSE:LUK) - which is in the process of rebranding itself to Jefferies Financial Group - has issued its 10Q quarterly report for Q1-2018, providing an update among other things on its outstanding loan to Retail FX broker FXCM Group. In the big picture, Leucadia reported that to date (as of March…
Read moreSteelEye, the compliance technology and data analytics firm and MAP Financial Technologies Limited, (MAP FinTech) which specialises in regulatory reporting solutions have announced a research and development partnership. The partnership will focus on the two firms’ complementary areas of regulatory reporting, specifically relating to EMIR, MIFID-II/MIFIR and Best Execution solutions. SteelEye has developed an intelligent…
Read moreCboe Global Markets, Inc. (Nasdaq: CBOE) has announced the expansion of its Market Data Services team with two key appointments in its London office. Richard Barden has been appointed as Director, Market Data Sales and Stephen Dorrian has been appointed Director, European Market Data. Mr. Barden is responsible for the expansion and distribution of Cboe’s…
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Private equity firm CVC Capital has made another acquisition in the online space. Several months after partnering with Blackstone in the $4 billion buyout of online payments specialist Paysafe, CVC has acquired retail FX broker OANDA. The price and other terms of this deal, however, were not announced. The press release follows: CVC Capital Partners…
Read moreNinjaTrader, LLC has announced the addition of Oanda and City Index as supported forex brokerage service providers expanding the options available for forex traders. Raymond Deux, Founder and CEO of NinjaTrader said: Providing traders with choice when it comes to their brokerage and market data providers is a key component of what makes NinjaTrader unique.…
Read moreNEX Group plc (LON:NXG), a financial technology company at the centre of global markets, announced today its trading statement for the month of April 2018. Spot FX results were USD83.4 billion, 10% lower than previous month. US Treasury’s numbers were also down with 18% MoM. The complete results can be seen in the table below:…
Read moreRetail forex broker FXCM Group, LLC announced that it has today launched an Effective Spread Widget. The widget shows the FXCM quoted spread for its top FX pairs, overlaid with the spread at which trades were filled (the Effective Spread), the difference being clearly displayed in a table key. FXCM launches a brand new tool…
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LeapRate Exclusive... LeapRate has learned that FCA regulated CFDs and spreadbetting broker Capital Index (UK) Limited, owned by author and self proclaimed Master Trader Greg Secker (pictured above), posted a net profit of £398,000 in 2017 although the company saw a decline in both Revenues and Client Funds held. Revenues for 2017 at the MT4 broker…
Read moreInternational derivatives broker Sucden Financial has appointed Darren Barker. He will be joining the company's FX team and helping to expand its institutional client base, selling the firm’s broad range of electronic and voice services. Barker has over 30 years of experience in FX and specialises in selling a full range of FX products to…
Read moreThe global clearing house LCH has just announced that it has begun clearing of non-deliverable interest rate swaps. Market participants are now able to clear this product denominated in Chinese Yuan, Korean Won and Indian Rupee. This is the first time that SwapClear has offered clearing of derivatives denominated in these currencies. Clearing for Chinese Yuan,…
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