MGEX, a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO), announced the results of its annual Board of Directors (Board) election, held on October 5, 2017. Re-elected to the Board were John A. Griffith and Murray Stahl. Newly elected to the Board was Albert Cyrlin. All were elected to serve two-year terms. MGEX Chief…
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FSA Seychelles regulated brokerage group Leadcapital Corp Ltd has announced that it has just gone live with a new Asian facing brand Finq.com. Leadcapital Corp is a "sister company" to CySEC licensed Leadcapital Markets Ltd, which operates the Trade.com online brokerage brand. Finq.com is launching with twelve languages in place, offering fairly low minimum deposits…
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Derivatives marketplace operator CME Group Inc (NASDAQ:CME) has announced the official opening of a new office in Australia. Located in Sydney's Central Business District, the new office affirms the company's commitment to growth in Asia Pacific, and comes at a time when CME Group's business in the region continues to experience healthy growth. CME Group's Q2 2017 average daily…
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LeapRate Exclusive... Continuing a fairly wide ranging turnover in senior management, LeapRate has learned that Abu Dhabi based brokerage group ADS Securities has seen the departure of longtime Chief Marketing Officer Andreas Lazarou. Andreas Lazarou has been with ADS since 2013, first as Director of Marketing and later being promoted to CMO. He had joined ADS…
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Two days after the news that Joe Schenk will replace Peter Quick as Chairman of GAIN Capital Inc (NYSE:GCAP), the FX brokerage group has reported its operating metrics for the month of September 2017. After hitting a record $279.8 billion in August (up 32% over July), the institutional FX volumes were steady in September -…
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Oracle NetSuite, a provider of cloud-based financials / ERP, HR, Professional Services Automation (PSA) and omnichannel commerce software suites, today announced that Moss Adams LLP, the U.S. accounting, consulting and wealth management firm, has joined the NetSuite Solution Provider Program to address rising demand for cloud business management solutions. The move is the result of Moss Adams’…
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Transparency services provider undergoes rebrand to highlight expansion of services in existing and new industies and to align with other subsidiaries in the Cinnober Group Boat Services has revealed its new name: Simplitium. The new brand highlights Simplitium’s core values of Transparency, Integrity and Confidentiality. This year Simplitium celebrates its ten-year anniversary of providing MiFID…
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BNP Paribas Asset Management (BNPP AM) just announced that has further strengthened it ETF and indexed fund team with the appointment of Chris Hofmann as Senior Sales Manager for German-speaking clients. She joined at the beginning of October. Based in Munich and reporting to Claus Hecher, Head of Development in Germany, Austria and German-speaking Switzerland,…
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Derivatives marketplace operator CME Group Inc (NASDAQ:CME) today announced it is launching Wednesday Weekly FX options (Wednesday options) due to customer demand and significant growth in existing Weekly FX options, which expire on Friday. Wednesday options will be available in premium quoted and volatility quoted European style options with a 2 p.m. CDT fix on…
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LeapRate Exclusive Interview... There are very few people anywhere who have been been following and analyzing FX markets longer than Marshall Gittler. And there are probably even fewer people who have the benefit of Marshall's wide perspective on the FX industry itself, from the vantage point of the buy side, sell side, Retail FX brokers, Europe,…
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