Online trading and banking company Ally Financial Inc (NYSE: ALLY) has released third quarter financial and operating results, indicating steady if unspectacular growth in its business. Net financing revenue for Q3 of $1.08 billion was up 1% from $1.07 billion in Q2, while Pretax income of $395 million was up 5% from Q2's $376 million.…
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Amsterdam based pan-European online broker DEGIRO B.V. has released some of its financial and operating statistics for the third quarter and first nine months of 2017, indicating slowing growth at the company including its first "down" quarter. The broker, which was founded in 2013, has made waves across Europe and in particular in the UK…
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Abu Dhabi based global international financial services firm ADS Securities has announced that it has launched a new TV ad campaign promoting its OREX trading platform, which will star A-List Hollywood actor Adrien Brody. The short video (see below) features Adrien Brody driving a Ferrari, which the company stated was chosen to illustrate the high-level of…
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QuantHouse, the independent global company of end-to-end high performance market data and trading API based technologies, today announced that Horizon Software, the provider of electronic trading solutions and algorithmic technology, has joined the qh API Ecosystem to benefit from global reach and end-to-end performance. This collaboration results in a unique offering, which will enable buy-side…
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Thomson Reuters (NYSE:TRI) just announced that it has expanded its Connected Risk platform to include an Audit Management (AM) solution to help enable firms to better assess risks and increase the efficiency of the auditing process. The AM solution is designed to provide audit professionals with an efficient and actionable approach to serving business leaders,…
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Virtu Financial, Inc. (NASDAQ:VIRT) the technology-enabled market maker and liquidity provider to the global financial markets, today announced it has entered into a definitive agreement to sell Virtu’s fixed income trading venue, BondPoint, to Intercontinental Exchange (NYSE:ICE). The transaction is expected to be completed in the first quarter of 2018, and the closing is subject…
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Chicago-based R.J. O’Brien & Associates (RJO), the oldest independent futures brokerage and clearing firm in the United States, announced today the appointment of Brad Giemza as Managing Director and Chief Risk Officer. Giemza will serve on RJO’s senior management team. Giemza has nearly two decades of experience in financial services risk, clearing and technology management.…
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LeapRate Exclusive... LeapRate has learned that financial trading technology provider Tradency's partnership with Hong Kong based FX and bullion platform provider m-FINANCE has continued to bear fruit. The partnership has signed up three additional Asia focused retail brokers to Tradency's RoboX and Mirror Trader copy and auto trading services. The three brokers are New Zealand based…
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New exchange-to-exchange service from JPX leverages Colt IQ Network for security and ultra-low-latency Colt Technology Services has announced that it will provide direct connectivity between trading venues in Tokyo and Chicago for the Japan Exchange Group’s new inter-exchange service dubbed “JPX-Chicago Co-Location Direct”. The new service, powered by Colt’s dedicated, ultra-low-latency IQ Network, links JPX’s…
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The Financial Services Commission (FSC), Mauritius just announced that it has today been elected to the Executive Committee of the International Organisation of Pension Supervisors (IOPS) at its Annual General Meeting. Other elected members include Italy, India, Romania, Uganda, Egypt and Botswana. The IOPS is the international standard setter and think tank of the Pension…
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