On Wednesday, Deutsche Börse announced an unscheduled change to the SDAX Index. Due to the acquisition of GfK SE by Acceleratio Capital N.V., the free float of GfK SE changed by more than 10 percentage points. According to the Guide to the Equity Indices of Deutsche Börse AG, the company’s free float will be adjusted…
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Bats Global Markets, Inc.(Bats: BATS) welcomed Tortoise as a new issuer to the Bats ETF Marketplace. The Tortoise Water Fund (Bats: TBLU) seeks investment results that correspond generally to the price and distribution rate (total return) performance of the Tortoise Water Index. Companies included in the index are materially engaged in the water infrastructure or…
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The Competition Commission of South Africa has today referred a Forex manipulation collusion case to the Competition Tribunal which has jurisdiction throughout South Africa and adjudicates competition matters. The Forex collusion case which was first announced back in April of 2015, officially was referred for the prosecution against the following 17 institutions: Bank of America Merrill…
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Retail forex broker FXCM Inc (NASDAQ:FXCM) has reported its January trading volumes - which is a more interesting report than in most months, since for the first time FXCM has broken out its US versus rest-of-world data, in the wake of the sale of FXCM's US client base to rival Gain Capital Holdings Inc (NYSE:GCAP). That sale,…
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Euronext, the pan-European exchange in the Eurozone, announced a strategic partnership with AX Trading, a US-based FinTech company, to create a new block trading service for equities. The platform will be based on AX Trading technology and owned and operated by Euronext. The service will cover large in scale orders in European equities from small…
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PFSOFT, the global fintech developer of multi-asset brokerage and trading solutions, just announced new major product release of a native Mac trading terminal for OS X. The new front end platform will be included in Protrader solutions package as corresponding to Windows desktop terminal. Protrader for Mac contains all the functionality needed for trading many…
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CLS Group, a provider of risk mitigation and operational services for the global FX market, just announced that has appointed Gaynor Wood to the role of General Counsel. Wood succeeds Alan Marquard, who has led both CLS’s Legal division and the Corporate Strategy and Development (CSD) division. She reports to David Puth, CEO of CLS…
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Bats Global Markets (Bats:BATS) announced that its Bats One Premium market data product is now available for distribution across numerous FactSet products and platforms. FactSet, a global provider of integrated financial information, analytical applications and industryleading service, this month became the first distribution partner to offer this new product. Bats One Premium features five levels…
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LeapRate Exclusive... It looks like a number of heavy hitters are betting on a comeback in the share price of CFD broker Plus500 Ltd (LON:PLUS). Plus500 shares, and those of other leading UK online brokers including IG Group Holdings plc (LON:IGG) and CMC Markets Plc (LON:CMCX), were hit hard late last year following new proposed rules unveiled…
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NEX Group plc (LON:NXG) announced its trading statement for the third quarter ended 31 December 2016. This is the first trading update since the official launch of NEX Group. Full year results for the year ended 31 March 2017 will be announced on 15 May 2017. Here are the highlights: Q3 Group revenue up 11%…
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