Information publishing PLC acquires financial data provider CapitalTrack LeapRate

November 28, 2017 BY Valentina Kirilova

Information publishing PLC acquires financial data provider CapitalTrack

Information Publishing PLC has announced the acquisition of CapitalTrack, a data provider of Floating Rate information to the Fixed Income market. We are pleased to welcome the CapitalTrack clients, suppliers and team into the Information Publishing PLC family, and to be adding their first-class database – covering Floating Rate, Asset Backed and Structured Securities markets…

November 27, 2017 BY Valentina Kirilova

Chubb announces strategic cooperation agreement with China's PICC Property & Casualty Company

Chubb Limited (NYSE: CB) today announced that it has entered into a strategic cooperation agreement with PICC Property & Casualty Company of China that will leverage Chubb's global capabilities in support of PICC's customers and other Chinese-affiliated companies around the world in line with the Chinese government's drive to promote the country's "Going Out" and…

November 27, 2017 BY LeapRate Staff

Global Brokerage shares hit another low in wake of Chapter 11 filing, at 41 cents

Shares of Global Brokerage Inc (NASDAQ:GLBR) continued their slide into oblivion late last week, with GLBR down another 30% on Friday after US trading continued following the one day Thanksgiving break. After initially barely reacting following the announced plans of the company two weeks ago to reorganize under Chapter 11, Global Brokerage – which owns 50% of…

November 27, 2017 BY Valentina Kirilova

PNC Bank acquires Trout Group, combined firm to be renamed Solebury Trout Communications

PNC Bank today announced the entry into a definitive agreement to acquire The Trout Group, LLC, the premier investor relations and strategic advisory firm servicing the healthcare industry, with more than 80 clients in the life sciences, biotechnology, pharmaceutical and medical device sectors. Among its more than 30 professionals, Trout holds key relationships with global…

November 27, 2017 BY Valentina Kirilova

BNP Paribas Asset Management appoints Philip Dawes as Head of UK Institutional Sales

BNP Paribas Asset Management (BNPP AM) announces the appointment of Philip Dawes as Head of Institutional Sales for the UK & Ireland. He joined on 20 November and is based in London, reporting to Charles Janssen, Head of Institutional Sales for Europe. In this newly-created role, Philip Dawes will be responsible for developing BNPP AM…

November 27, 2017 BY Valentina Kirilova

Barracuda FX announces launch of OMS Cloud

Extending the FX OMS service to a wider group of FX banks Barracuda FX, the specialist provider of FX Order Management technology, today announced the launch of its new product OMS Cloud. OMS Cloud makes Barracuda's OMS technology available on the cloud, enabling all sizes of banks to use the market service. Barracuda developed the…

November 26, 2017 BY LeapRate Staff

FX Industry Week Review: TechFinancials exits Binary Options, New FCA licensed FX broker, FX-MM shut down and lots more…

While there was much to ponder in Forex Industry News this past week, our coverage was highlighted by a number of senior executive moves at some of the leading FX sector companies. Who's the new CEO at RationalFX? Which former City Index executive is joining Ikon Finance ahead of its relaunch as an institutional FX…

Morgan Stanley fined $10m for AML program

November 23, 2017 BY LeapRate Staff

New Zealand based FX broker Fullerton Markets gets FMA warning for AML issues

New Zealand financial regulator The Financial Markets Authority (FMA) has issued a formal warning to Wellington based Retail FX broker Fullerton Markets Limited under Section 80 of the country's Anti-Money Laundering and Countering Financing of Terrorism Act (AML/CFT Act). An inspection of Fullerton’s AML/CFT compliance by FMA staff showed that the company did not have…

November 23, 2017 BY LeapRate Staff

Exclusive: UBS FX executives leave to set up broker consultancy service Finoesis

LeapRate Exclusive... LeapRate has learned that two senior FX sector executives in the London office of global banking giant UBS AG (SWX:UBSN) have left, to form their own consultancy serving brokers and large FX and fixed income trading entities on both the buy and sell side. The two are Richard Longmore, Managing Director and Head…

November 23, 2017 BY Valentina Kirilova

HSBC issues first corporate sustainable development bond

HSBC (NYSE:HSBC) just announced that it has launched a new type of sustainable bond based on the United Nations Sustainable Development Goals (UNSDGs). This is the first time that a private sector entity has issued a benchmark-size bond of this type and reflects the Group’s commitment to financing projects that benefit communities and the environment. Recent…

Category: Forex