Category: Institutional

Macrobond
July 05, 2021 BY Steffy Bogdanova

Erik Penser Bank taps Macrobond for market analysis

Jonas Thulin, Head of Asset Management, Erik Penser Bank, said: As an asset manager in 2021, it’s very important to find your own data, do your own analysis, and make up your own mind about what’s happening in the markets. Macrobond has the breadth and depth of data, along with the modelling tools, to help…

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Acquisition
July 01, 2021 BY Steffy Bogdanova

Cboe Global Markets finalises acquisition of Chi-X Asia Pacific

In the announcement, Cboe revealed it plans to fully integrate Chi-X Asia Pacific into its existing global business operations and technology platforms. This process will begin with the integration of Chi-X Asia Pacific and BIDS. Cboe plans to migrate Chi-X Australia and Chi-X Japan its trading platform thereafter. Toru Irokawa, Representative Director and President at…

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BlackBull Markets partners with Commission Junction
July 01, 2021 BY Steffy Bogdanova

BlackBull Markets teams up with Commission Junction

BlackBull Markets’ Chief Business Development Officer, Anish Lal, commented: The BlackBull Markets product and services offering is highly competitive in the marketplace. We know this because of the phenomenal growth in market share we experience year-over-year. Clients are moving to BlackBull Markets from our competitors at a startlingly fast pace. Anish Lal stated that BlackBull…

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acquisition
June 30, 2021 BY Steffy Bogdanova

Deutsche Börse Group takes majority stake in Crypto Finance AG

It is hoped that by becoming part of Deutsche Börse Group, Crypto Finance will now be able to enhance its business while increasing its variety of digital asset services on offer. On top of this, Deutsche Börse plans to make Crypto Finance’s services more accessible for its clients, thanks to its already well-established platforms. The…

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Acquisition
June 29, 2021 BY Steffy Bogdanova

IG Group completes $1 billion deal with tastytrade

The official announcement said that up to $300 million of the transaction is in cash and 61,000,000 new ordinary in IG Group will be issued to tastytrade shareholders. Tom Sosnoff, Founder and co-CEO of tastytrade, said: The completion of this deal is a milestone moment for tastytrade. For the past decade, we have worked tirelessly…

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Acquisition
June 18, 2021 BY Steffy Bogdanova

Clearlake Capital sings deal to buy Confluence

Behdad Eghbali, Founder and Managing Partner, and James Pade, Partner and Managing Director, at Clearlake, said: Data management is critical for investment managers, which have come to rely on Confluence’s advanced software and data suite. We see an opportunity in this fragmented market to execute on our buy-and-build strategy and deliver value to customers and…

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Refinitiv
June 18, 2021 BY Steffy Bogdanova

FXall bridges its connectivity to LCH to expand FX OTC access

Any institutional traders who utilise FXall will have the ability to ascertain exactly which of their trades should be cleared, a decision which could be determined by the currency pair, the account they are trading for, or even the liquidity provider. Trades are designed to be routed through to LCH via FXall’s post-trade processing platform,…

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June 18, 2021 BY Steffy Bogdanova

JPMorgan buys robo-advisor Nutmeg to boosts UK expansion

Sanoke Viswanathan, head of JPMorgan’s international consumer business, said in the statement: We are building Chase in the U.K. from scratch using the very latest technology and putting the customer’s experience at the heart of our offering, principles that Nutmeg shares with us. The Financial Times reported that JPMorgan approached Nutmeg while the wealth management…

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partnership
June 16, 2021 BY Steffy Bogdanova

TrueFX adds Straits Financial to its clearing member network

Harpal Sandhu, CEO of Integral and technology provider for TrueFX, added: The size and scale of our growing clearing network allows us to offer significant cost savings to even more clients, brought around by the venue’s integrated liquidity, clearing and technology. We are thrilled that Straits Financial has joined as a clearing member and their…

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