The European Stability Mechanism (ESM) today raised €3 billion in a new 10-year bond. The strong order book allowed the ESM to pre-fund €1 billion towards its funding needs for the remainder of the year. Siegfried Ruhl, ESM Head of Funding, commented: It is very pleasing to see such strong investor appetite for the ESM’s final…
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Beeks Financial Cloud, a global leader in financial cloud infrastructure for the trading industry, has today announced its newest Beeks Marketplace product offering, “China Liquidity Select." The turnkey package, is priced at £1,500 GBP per month, and is aimed primarily at brokerage partners and liquidity providers looking to serve traders in mainland China. It also ensures…
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The clearing house LCH just announced that Neil Walker is standing down as a non-executive director of LCH’s SA and Group boards, effective immediately. Neil Walker will focus on executive commitments elsewhere. He has been a non-executive director for LCH since 2012 and has served as a member of LCH’s risk committees. Lex Hoogduin, Group Chairman,…
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U.S. Commodity Futures Trading Commission Acting Chairman J. Christopher Giancarlo announced that Daniel J. Davis has been named the agency’s General Counsel. Mr. Davis comes to the CFTC from the law firm of Proskauer Rose LLP, where he was Special Counsel in the Labor & Employment Law Department. Mr. Davis will assume his duties today.…
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Dow Jones Media Group (DJMG ) announced the launch of Moneyish, a new lifestyle website that redefines finance-driven storytelling. Where sites like Vice Money, which launched in October, or Coinage, Time Inc.’s video-focused brand that bowed in February, or Mic Money, which went live last July (before turning into The Payoff), are focused on unpacking…
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Research firm Investment Trends released its 2016 Second Half Online Broking Report, an in-depth study of Australian online equities investors’ attitudes and behaviours. The study is based on a survey of over 13,000 investors and traders conducted in November 2016. Key highlights include: A record 77,000 Australians started trading online in the second half of…
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The CFTC has published US retail forex broker data for the month of January 2017, indicating a slight 1.3% rise in assets held by US retail forex traders to $532 million, up from $523 million in December 2016. Continuing to lead the way in December was FXCM, now a unit of the recently rebranded Global Brokerage Inc…
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Tradeworks, the Denmark based company that allows traders to automate their trading strategies announced earlier today that as "result of our strong growth we are moving our HQ to much bigger offices." The company's new home will be located in Copenhagen at Njalsgade 76, 4th floor. The company stated they are looking forward to growing…
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Bloomberg Tradebook, Bloomberg’s global agency broker, announced today the introduction of OPTX, a new approach to delivering best execution that harnesses the power of its agency execution model, global connectivity and Bloomberg’s data and analytics. OPTX provides clients with a single platform that utilizes quantitative data models and analytic-driven selection to route orders to a…
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Plato Partnership, a not-for-profit company bringing creative solutions and efficiencies to today’s equity marketplace, just announced 15 new Plato Partners. The new Partners include: BBVA Asset Management, Capital International Ltd, part of the Capital Group, Commerzbank AG, Instinet Europe Ltd, Jefferies, Legal & General Investment Management, Macquarie Group, RBC Capital Markets, Rosenblatt Securities Inc., Standard…
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