Options, the provider of cloud-enabled managed services to the global capital markets, has announced the appointment of Jay Miller to its executive team. Miller joins the New York team as VP, Sales where he will be responsible for driving new business growth and supporting the firm’s client engagement model in the US. Miller joins Options…
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Thomson Reuters (NYSE:TRI) announced that it has launched Elektron Direct Feed (EDF) for the Options Price Reporting Authority (OPRA), reducing client costs by providing seamless access to the largest securities information services provider without the need for additional server capacity. EDF replaces our current direct feed offering, TRDFD. Feeds from OPRA can be particularly burdensome…
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LeapRate has learned that FCA and CySEC regulated Retail FX and CFDs broker FxPro has indicated to its clients that it will be raising margin requirements on JPY currency crosses, as well as on spot metals and indices, ahead of Japan's general election set for next Sunday, October 22. The margin changes will come into…
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CySEC regulated mobile trading specialist Capital Com SV Investments Limited, which operates the Capital.com brand, has announced that it is now introducing a desktop trading platform. In addition, Capital.com stated that next month it will unveil its AI-powered technology, SmartFeed, which aims to correct common behavioural biases that have a negative impact on investors' trading results. As…
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Hong Kong retail forex broker KVB Kunlun Financial Group Ltd (HKG:8077) has issued a statement indicating that its net earnings for Q3 will be significantly higher that Q2, and also as compared to the corresponding Q3 period last year. In response, KVB shares popped today in HKEX trading, up 16% to HK$ 0.74. KVB shares…
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LeapRate Exclusive... LeapRate has learned that leading Australian Retail FX and CFDs broker Pepperstone has hired Tamas Szabo as its Group Chief Executive Officer. We expect the company to make a formal announcement shortly. Tamas Szabo was most recently CEO of the Australia and New Zealand operation, and Head of Asia Pacific, for IG Group Holdings plc (LON:IGG).…
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The New Zealand Financial Markets Authority (FMA) has announced that it has decided to grant an exemption to enable personalised robo-advice and is publishing the responses to its earlier consultation. As we reported back in June, the FMA started consultation on whether it should use its exemption powers to enable personalised robo-advice (also known as online or…
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The Autorité des marchés (AMF) announced that Frédéric Pelèse, who had been seconded to the European Commission since 2014, has returned to the AMF on 16 October 2017 as Deputy Executive Director of the DRAI. He will assist Natasha Cazenave, Managing Director of the DRAI, with all her responsibilities. Frédéric Pelèse, 41, is a graduate…
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Open risk management platform facilitates hedges across asset classes with unparalleled transparency and educational support INTL FCStone Inc. (NASDAQ: INTL) today announced that its swap dealer and wholly owned subsidiary, INTL FCStone Markets, LLC (“IFM” or “the Company”), has introduced its structured products online calculator (SPOC), a new online pricing tool that provides users with…
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Deep Systems, a company formed to address the cost and complexity of financial infrastructure and operations, announced its official launch today. Built from the ground up to service financial institutions, Deep Systems’ cost-effective infrastructure, IT, and software solutions empower asset managers, proprietary trading shops, sell-side firms, SROs, and financial ISVs to simplify operations, eliminate key…
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