Calypso acquires stake in clearing and post-trade provider Sernova Financial LeapRate

July 24, 2017 BY admin

Calypso acquires stake in clearing and post-trade provider Sernova Financial

Calypso Technology, a provider of capital markets and investment management software, announced today that it has acquired a minority stake in Sernova Financial, a provider of cloud-based clearing and post trade services. Powered by the Calypso Cloud platform, Sernova Financial recreates the shared infrastructure and service items of clearing brokers. By reducing the transaction costs…

July 24, 2017 BY Valentina Kirilova

Saxo Bank reduces spreads for UK clients, adds new functionality to SaxoTraderGO

Saxo Capital Markets UK Limited, the UK subsidiary of Copenhagen based multi asset broker Saxo Bank, announced today that it has reduced the minimum spread for UK clients trading the UK100, the CFD index of the 100 largest UK listed companies by market capitalisation. Saxo offers spreads from as low as 0.8 basis points. The reduction in…

July 24, 2017 BY LeapRate Staff

Forex Sports Sponsorship: UFX.com engages Barca captain Andrés Iniesta as Brand Ambassador

Continuing out coverage of leading Retail FX brokers partnering with top sports personalities, CySEC licensed retail forex broker UFX.com has just announced a new partnership with Spanish football star Andrés Iniesta. The FC Barcelona Captain has joined UFX as its international Brand Ambassador. This marks the second sports celebrity Brand Ambassadorship for UFX, which also…

July 24, 2017 BY LeapRate Staff

Blackwell Global FX broker sister company goes public in New Zealand in reverse takeover

New Zealand based Retail FX brokerage firm Blackwell Global has announced that it has taken public a company called Blackwell Global Holdings Limited on the New Zealand Stock Exchange's NZX Main Board, via a transaction that effectively amounts to a reverse takeover of a publicly traded shell company called NZF Group Limited. The initial market…

July 23, 2017 BY LeapRate Staff

Forex Industry Week Review: Capital.com raises $25M, new FX brand launched, Romania arrests, and lots more…

It was another busy summer week of Forex Industry News, with all the key stories appearing only (or first, before being copied) at LeapRate. How much did Capital.com spend of its $25 million fundraising to buy the capital.com URL? Which new Retail FX brand did a CySEC-regulated broker launch? Why did Romanian police arrest a…

IAM announces financing for JMB Crushing Systems ULC

July 21, 2017 BY Valentina Kirilova

IAM Corp and IAM PDG announce project financing for Shaman Power Corporation

Integrated Asset Management Corp. (TSE:IAM) and its private corporate debt group, IAM Private Debt Group (PDG), announced the closing of a senior loan to Shaman Power Corporation. The capital raised by Shaman Power Corporation will assist in the construction of a one megawatt hydroelectric generation facility located on the Grand River in downtown Elora, Ontario.…

July 21, 2017 BY Valentina Kirilova

Endo International restructures manufacturing network

Endo International plc (NASDAQ: ENDP) today announced that after completing a comprehensive review of its manufacturing network, the Company will be ceasing operations and closing its manufacturing and distribution facilities in Huntsville, Alabama. The closure of the facilities is expected to take place over the next 12 to 18 months. The Huntsville location has been…

July 21, 2017 BY LeapRate Staff

Exclusive: Pepperstone adds Zack Ioannou from GCM Prime to head UK Compliance

LeapRate Exclusive... LeapRate has learned that Australia based Retail FX and CFDs broker Pepperstone has taken another major step in re-opening its FCA regulated UK arm, Pepperstone Limited, hiring a new Head of UK Compliance in the person of Zack Ioannou. Zack Ioannou joins Pepperstone from GCM Prime, where he has also been the designated compliance…

July 21, 2017 BY Valentina Kirilova

BNP Paribas Asset Management appoints Sandro Pierri as Global Head of Client Group

BNP Paribas Asset Management (BNPP AM) announced the appointment of Sandro Pierri as Global Head of Client Group, its worldwide Sales and Marketing organisation. Sandro Pierri will report to Frédéric Janbon, BNPP AM’s Chief Executive Officer, and will be a member of the firm’s Executive Committee. He will join BNPP AM in September 2017 and…

July 21, 2017 BY Valentina Kirilova

Klarna and Permira announce strategic equity investment

Klarna Bank AB just announced that an investment partnership advised by Permira will acquire a strategic equity stake in the company. Klarna a fast growing bank, providing easy to use payment solutions and currently serving 60 million consumers and 70.000 merchants. Permira is a global investment firm which advises funds and accounts with a total…

Category: Forex