Bats Europe, a CBOE Holdings (NASDAQ:CBOE), Inc. company and the region’s largest equities exchange operator, today reported that more than €10 billion has executed on Bats LIS, its block trading platform powered by BIDS technology, since its launch less than 10 months ago. Bats LIS is also on track for another record month of volume…
Read more
ULLINK, a global provider of electronic trading and connectivity solutions to the financial community, has partnered with a leading European bank to develop a new solution for client quote management. The new solution, called UL QUOTE, is available to Brokers acting as a Systematic Internaliser (SI), enabling them to comply with MiFID II regulations concerning…
Read more
LeapRate Exclusive... LeapRate has learned via regulatory filings that FCA regulated retail FX and CFDs broker Infinox Capital Limited has had a very successful first year after it rebranded from Go Markets UK. Revenues at Infinox more than doubled during 2017 (the company has a March 31 fiscal year end) to £17.5 million (USD $24…
Read more
Forex ECN FastMatch has announced the launch of a new feature called FX Tape. According to FastMatch, FX Tape will improve post‐trade transparency in FX markets and allow market participants to monetize their trading data. FX Tape will also serve as a central reference point for Spot FX transacted prices, helping market participants evaluate best execution…
Read more
T2S to transform European debt issuance, boost demand for European bonds / Eighty percent of respondents expect increased demand for multi-currency CSD services by 2025 Cross-border debt issuance will be the norm by 2025, according to a report published by global research and advisory firm Aite Group today. The report also indicates that TARGET2-Securities (T2S)…
Read more
The Cürex Group, a New York City-based institutional foreign exchange execution services and data analytics company, announced today its plan to introduce additional functionality to its pre-trade analytics platform. The new capability will allow Cürex’s customers to prove their compliance with MiFID II’s mandated pre-trade market check through a time stamp provision, which provides recorded…
Read more
Boat Services, the independent service platform for the finance and (re)insurance industries (part of Cinnober, an independent provider of trading, clearing, and market surveillance solutions) just announced a partnership agreement with KiteEdge to offer Apex, a next generation customisable search layer, to clients. KiteEdge provides asset managers with the tools to find, collaborate, and leverage…
Read more
LeapRate Exclusive... LeapRate has learned that CySEC licensed retail FX broker IronFX has launched a new affiliate program system, utilizing software provided by Cellxpert. Cellxpert's other clients in the Retail FX space include UK industry leader IG Group Holdings plc (LON:IGG) and Warsaw based X Trade Brokers Dom Maklerski SA (WSE:XTB), which operates the XTB retail…
Read more
Continuing a hiring spree following its $100 million capital raise earlier this year and the launch of a new Retail brokerage arm Equiti.com, FX prime broker and liquidity provider Divisa Capital has announced that it has hired Sammy Christou as its new Head of Trading. Divisa also said that Sammy Christou’s new appointment as Head of…
Read more
Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, today announced that the International Swaps and Derivatives Association (ISDA) has recognised ADGM as an effective netting regime and published a positive legal opinion to its members. This further reinforces ADGM’s position in providing a robust legal framework, which allow financial institutions and…
Read more