The Federal Reserve is expected to raise interest rates for the second time in three months on Wednesday, encouraged by strong monthly job gains and confidence that inflation is finally rising to its target, Reuters reported earlier today. A rate hike at the conclusion of the Fed's latest two-day policy meeting is already baked into…
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It looks like someone is making a big bet on Playtech. Online entrepreneur Teddy Sagi has indicated in filings with the London Stock Exchange that he has sold 13 million shares of publicly traded Playtech PLC (LON:PTEC) to the UK arm of Paris based asset manager Boussard & Gavaudan for £113.4 million (USD $138 million). The stake represents about…
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Horizon Software, the global provider of electronic trading and investment management technology, just announced the extension of its long-term relationship with Edelweiss International Singapore (Pte) Limited, a subsidiary of Edelweiss Financial Services Limited, one of India's leading diversified financial services companies. Edelweiss will be using the latest version of Horizon's trading technology as a strategic…
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Institutional prime of prime broker IS Prime has announced the launch of a range of Index Swap products, focusing on the most popular index and energy instruments required by retail brokers. IS Prime’s new, institutional-only API Index Swap offering includes: Germany 30 Hong Kong 50 Wall Street 30 UK 100 US Tech 100 UK and…
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Hanweck, a provider of real-time risk analytics on global derivatives markets, just announced that Jean-Jacques Louis, Senior Vice President of Corporate Strategy at Nasdaq, has joined its Board of Directors. At Nasdaq, Mr. Louis is responsible for the strategic and financial analyses and execution of all corporate and business unit investments. Nasdaq is a strategic…
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Trading solutions and liquidity provider Alpha Capital Markets, and MetaTrader technology solutions firm Gold-i, have announced a joint effort to provide Alpha's liquidity solutions to MT4 and MT5 brokers, using Gold-i's bridge gateway. Gold-i launched its MT5 gateway last November. We understand that Alpha and Gold-i are currently finalizing implementation on their first joint client.…
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Retail Forex broker FXCM has announced its volume results for February, the last month for which FXCM had both US and non-US volumes to report. FXCM sold its US client base to rival Gain Capital Holdings Inc (NYSE:GCAP) and its Forex.com retail FX unit at the end of February, after the company and CEO Drew Niv…
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eFX trading technology solutions provider TradAir has announced that Gabriela Liber has joined the company as Director of Liquidity Management. Gabriela Liber was most recently Director of Sales at TraderTools. Prior to joining TraderTools in 2013 she was VP of eFX Sales at Credit Suisse. She also has worked in business development at Thomson Reuters and in…
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Retail Forex broker Saxo Bank has changed the way it reports its monthly trading volumes, dividing out figures between four major asset classes - Commodities, Equities, Fixed Income, and of course FX. The Copenhagen-based broker has been actively promoting to both retail and institutional clients the multi-asset nature of its offering, and this latest added…
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Dow Jones today announced it has launched the Factiva app on the Salesforce AppExchange, empowering businesses to connect with their customers, partners and employees in entirely new ways. The Factiva app offers customers access to content from 33,000 premium news sources and over 20 million public and private company profiles. Factiva’s set of sources is…
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