Shares of Retail and Institutional FX broker Gain Capital Holdings Inc (NYSE:GCAP) rose 20% on Friday, after the company reported its Q3 results after markets closed on Thursday evening. GAIN shares closed the week at $7.35, up more than $1 from Thursday's close of $6.14. This also represents GAIN Capital shares' highest trading level since May.…
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Exegy Inc., a provider of managed services and technology for low-latency financial market data, has hired Carlos Lopez Lansdowne as its Sales Director for Europe and Asia, based in London. Mr. Lansdowne has responsibilities for sales of Exegy products and services, as well as development of partnerships to expand its enterprise ecosystem. He reports directly…
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The international central securities depository (ICSD) Clearstream announced that it is about to launch its service to support the cross-border bond trading and settlement scheme Bond Connect, linking the China Interbank Bond Market (CIBM) with the world. Starting from 20 November 2017, Clearstream customers will be able to access Chinese bonds traded in CIBM via…
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In a wild week of Forex Industry News including regulatory action, legal battles, acquisitions, new licenses, FX broker results... Which country's legislature passed a new comprehensive anti-Binary Options law? Which leading Australian broker expanded to the UK, buying an FCA regulated Retail FX brand? Which FX platform and tech solutions provider is at the center…
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Calypso Technology, Inc., the global standard for treasury and capital markets software, announced today its partnership with Kmerit, an established Chinese system reseller and implementation service provider. Through this partnership, Calypso will continue its rapid expansion in China. To support the growing demand of clients in China, Calypso and Kmerit are expected to set up…
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The European Investment Bank (EIB) announced that it is lending EUR 50m to Transgaz, the national gas transmission company of Romania, to finance the construction of a new European gas transmission corridor to increase security of gas supply and to reduce energy dependence by making it possible to diversify gas supply routes and sources. This…
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LCH, the global clearing house, today announced that John Horkan has been appointed as LCH Group Chief Operating Officer (COO), effective immediately. He assumes this role in addition to his current responsibilities as LCH Head of North America. John Horkan will continue to be based in New York reporting to Daniel Maguire, Chief Executive Officer…
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3E Data Insights and new version of 3E Workspace expand cloud-enabled business management operations for Elite customers Law firm business leaders can now spot trends as they happen, view forecasting and advanced analytics for fee earners and managers, and create interactive reports and dashboards using any internet-enabled device, with 3E Data Insights from Thomson Reuters (NYSE:TRI) Elite.…
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LeapRate Exclusive... LeapRate has learned that Russia based Retail FX broker Alpari has initiated its return to the EU market, receiving an investment brokerage license from Latvia's financial regulator FKTK. Alpari has established Latvian subsidiary Alpari Europe IBS AS, which will be part of the international financial brand Alpari. The FKTK license was received earlier…
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Monex Group, Inc. (TSE 8698, Oki Matsumoto, Representative Executive Officer and CEO) today reported the following quarterly financial results for the first half of the fiscal year ending March 31, 2018 prepared in accordance with the generally accepted accounting principles in Japan. Operating revenue was up 4.40% compared to the same period for last year.…
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