Category: Financial Services

September 12, 2017 BY Valentina Kirilova

CDCC introduces direct clearing for Canadian buy side firms

Canadian Derivatives Clearing Corporation (CDCC), Canada's national central clearing counterparty (CCP) for exchange-traded derivative products, certain over-the-counter (OTC) products and repurchase agreements (repos), announced a proposal to expand its fixed income service to enable certain Canadian buy-side firms to clear cash or repos trades directly through CDCC. CDCC's new direct-clearing model seeks to extend the…

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Moscow Exchange MOEX
September 12, 2017 BY Valentina Kirilova

Moscow Exchange launches weekly options on USD/RUB futures contracts

On 14 September 2017, Moscow Exchange announced that will launch trading in weekly options on the USD/RUB futures contracts. The new instrument will complement MOEX`s monthly and quarterly options offering. The contracts will become available for trading two weeks prior to their expiration. They will expire every Thursday starting on 28 September 2017. A weekly…

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September 11, 2017 BY admin

Interactive Brokers to join Tel Aviv Stock Exchange as remote member

Interactive Brokers Group, Inc. (NASDAQ: IBKR) an automated global electronic broker that serves more than 449,000 clients worldwide and operates on more than 120 exchanges, announced today that it plans to join the Tel Aviv Stock Exchange (TASE) through its Interactive Brokers UK subsidiary as a remote member. Jon Chait, Chief Operating Officer at Interactive…

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fca warning
September 11, 2017 BY Valentina Kirilova

FCA warns against Johnston and James Consultancy firm

UK financial regulator Financial Conduct Authority (FCA) has issued its latest warning against an unregulated financial services provider targeting UK consumers. The FCA’s latest warning is against the firm Johnston and James Consultancy. Johnston and James Consultancy is not authorised by the FCA but has been targeting people in the UK and is also carrying…

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September 11, 2017 BY admin

Israel Diamond Exchange and Carats.IO to launch diamond backed digital currency

The Israel Diamond Exchange (IDE) has signed an agreement with start-up CARATS.IO to launch a digital currency backed by diamonds named CDC – Carats.IO Diamond Currency. The start-up specializes in Big Data solutions for the precious gems and diamond industries. The new digital currency will be based solely on investments in diamonds purchased at the Israel Diamond…

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Microsoft announces expansion of blockchain offering on Azure Cloud
September 11, 2017 BY LeapRate Staff

Bricknode launches cloud based fund administration and management tools

Broker-in-a-cloud services provider Bricknode has announced that it has launched a new vertical based on the platform Bricknode Financial Systems called Bricknode Fund Manager, as a cloud based tool for fund companies to manage their funds, holdings, and investors. Bricknode has expanded its portfolio of services with Bricknode Fund Manager which is a cloud based tool for fund companies…

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September 08, 2017 BY Valentina Kirilova

Taiwan Stock Exchange and Nasdaq sign Memorandum Of Understanding

The Taiwan Stock Exchange Corporation (TWSE) and Nasdaq Inc. (Nasdaq:NDAQ) announced that have signed a Memorandum of Understanding (MoU) to promote mutual development and foster cooperation between the two companies. The memorandum also paves the way for both sides to work closely together in expanding their ETF markets, facilitating the cross-listing of ETFs on both…

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