Category: Forex

September 06, 2017 BY Valentina Kirilova

Plato Partnership and Imperial College Business School to establish the European Market Structure research network

Plato Partnership Limited, a not-for-profit company bringing creative solutions and efficiencies to today’s equity marketplace, has today announced its intention to enter into an agreement with Imperial College Business School to establish and lead a European Market Structure research network. Led by Dr Andrei Kirilenko, Director of the Centre for Global Finance and Technology at…

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September 06, 2017 BY Valentina Kirilova

Monex Group’s Global DARTs down 2% in August

Monex Group, Inc. (TSE 8698, Oki Matsumoto, Representative Executive Officer and CEO) today reported the following monthly business metrics of its subsidiaries in August 2017. Global DARTs (DARTs stand for Daily Average Revenue Trades meaning the number of trades and transactions per day which generate revenue) were down 2% MoM to 257,715. Number of total…

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Nasdaq
September 05, 2017 BY Valentina Kirilova

Nasdaq to acquire eVestment for $705 million

Nasdaq (Nasdaq:NDAQ) announced today that it will acquire eVestment, a content and analytics provider used by asset managers, investment consultants and asset owners to help facilitate institutional investment decisions. The acquisition is expected to deliver attractive shareholder returns with a combination of recurring, predictable revenue, a strong track record of growth and attractive cash flow…

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September 05, 2017 BY Valentina Kirilova

Options Group acquires the electronic markets search firm MCL Search Ltd

Options Group, a global executive search and strategic consulting firm, announced its acquisition of MCL Search Ltd, an executive search firm based in London specializing in electronic markets (trading and distribution), prime brokerage/clearing and financial trading technology with a focus on currencies and fixed income. Since 2012, MCL Search has developed an impressive track record…

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Deutsche Börse
September 05, 2017 BY Valentina Kirilova

Deutsche Börse Venture Network and High-Tech Gründerfonds enter into cooperation

Deutsche Börse Venture Network and High-Tech Gründerfonds (HTGF) have formalised their existing collaboration by signing a cooperation agreement. The aim of the partnership is to continue linking existing programmes with each other to closely support start-ups throughout their entire funding and growth phase. HTGF is the first point of contact for all matters relating to…

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cme group fx volumes
September 05, 2017 BY Valentina Kirilova

CME Group reaches ADV of 16 million contracts in August, up 14% MoM

Derivatives marketplace operator CME Group Inc (NASDAQ:CME) today announced that August 2017 average daily volume (ADV) reached 16 million contracts, up 16 percent compared with August 2016 and up 14% from previous month. CME Group August 2017 options volume averaged 3.1 million contracts per day, up 30 percent versus August 2016, with electronic options averaging 2.2…

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HotForex Tio Ellinas fx sponsor
September 05, 2017 BY LeapRate Staff

FX sports sponsorship: HotForex backs JTR Racing's Tio Ellinas

Global retail forex and multi-asset broker HotForex has announced that it is sponsoring racing driver Tio Ellinas, as he competes with the JTR racing team at Porsche Carrera Cup Great Britain. HotForex will have its logo prominently displayed on Tio’s race car and suit for the rest of the season. A HotForex spokesperson said: We think…

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September 05, 2017 BY Valentina Kirilova

PEGAS starts new Spot Market Index

PEGAS, the pan-European gas trading platform operated by Powernext, announced the introduction of the European Gas Spot Market Index (EGSI)on 5 September responding to the market participants’ needs. The index will cover all liquid gas spot markets operated by PEGAS. Along with the launch of EGSI, PEGAS will also harmonise the use of existing indices…

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September 05, 2017 BY Valentina Kirilova

Nippon Life to settle currency trades in Japan via CLS

CLS Group, a provider of risk mitigation and operational services for the global foreign exchange (FX) market, today announced the first Japanese non-bank financial institution (NBFI) to join the CLS system via third-party access. Nippon Life Insurance Company, Japan’s leading life insurance company in terms of net profit, is now settling FX transactions in CLS…

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LCH
September 05, 2017 BY Valentina Kirilova

ForexClear clears $1 trillion of notional in August

LCH, a global clearing house, announced today that its ForexClear service processed over $1 trillion in notional over the course of August, setting a new monthly record. ForexClear has seen demand for its NDF clearing service significantly increase since the introduction of the uncleared margin rules in September 2016. ForexClear now has 28 clearing members…

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