London Stock Exchange Group plc (LSEG) just announced that, at the Board's request, Xavier Rolet has agreed to step down as CEO with immediate effect. The Board has asked David Warren, CFO, to assume the additional role of Interim CEO until a successor is appointed. David Warren is well qualified, having been CFO of LSEG…
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Equiti Group, the parent company of prime brokerage provider Divisa Capital and Retail FX arm Equiti Global Markets (Equiti.com), has released its first in-depth World Economic Performance Report today, published in both English and Arabic. The report provides comprehensive fundamental and market analysis, and insights on key global market as well as commodities and currencies,…
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Saxo Capital Markets Pte Ltd, the Singapore arm of Copenhagen based online trading giant Saxo Bank has announced the launch in Asia of SaxoSelect, its fully digital and automated investment service. This launch follows the successful implementation of SaxoSelect in Europe in January 2016. SaxoSelect is available for clients with Saxo Capital Markets. SaxoSelect offers…
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Warsaw based X Trade Brokers Dom Maklerski SA (WSE:XTB), which operates Retail Forex broker XTB.com as well as the X Open Hub trading platform, has indicated in regulatory filings that the company will not be paying out a dividend from its first half 2017 net earnings of zl 24.5 million (USD $6.9 million). Instead, XTB's…
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REGIS-TR, the pan-European specialist in G20 trade repository services has just announced that it will collaborate with IHS Markit (NASDAQ:INFO), a critical information, analytics and solutions company, to provide a full service reporting solution for Securities Finance Transaction Regulation (SFTR) requirements. IHS Markit recently announced that BNY Mellon, Brown Brothers Harriman, Deutsche Bank Agency Lending,…
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Thomson Reuters (NYSE:TRI) today announced it will exercise its right to redeem all of the company’s US$1 billion principal amount of 6.50% notes due on July 15, 2018 (CUSIP No. 884903 BB0). The redemption price will include an early repayment premium, as well as accrued and unpaid interest through the redemption date (which is expected to be…
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Lime Brokerage, a Wedbush Company and a provider of technology and market access, today announced a partnership with CQG, a platform for integrated trade routing, global market data, and advanced technical analysis tools, to offer Lime’s suite of premium futures algorithms on CQG’s platform. Lime’s algorithmic execution and technology residing on the CQG platform places…
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Itiviti, backed by Nordic Capital Fund VII, has just announced the intention to combine with Ullink to build a full service technology and infrastructure provider for global and regional financial institutions. The proposed combination of Swedish based Itiviti, a specialist in trading software for banks and trading firms, offering the full spectrum of sell-side capabilities…
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The vast majority of European traders have observed a shift from active towards passive investing In the latest Trader Survey conducted by SIX, over 88% of respondents have confirmed this development – and 72% expect this shift to continue. Highlights include: 88% of traders have seen a shift from active towards passive investing and 72%…
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After our exclusive report last week that senior market analyst James Hughes had left GKFX for the UK operation of AxiTrader, GKFX hasn't taken much time in naming a replacement for Mr. Hughes in the person of David Morrison. GKFX announced this morning that David Morrison is leaving spread betting firm Spread Co to join GKFX’s…
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