Edelweiss Securities selects Itiviti for new OMS and connectivity solution LeapRate

July 24, 2018 BY Valentina Kirilova

Edelweiss Securities selects Itiviti for new OMS and connectivity solution

Itiviti, the global provider of multi-asset trading technology and financial infrastructure, has announced that Edelweiss Securities Limited (ESL), India’s brokerage firm has successfully deployed Itiviti’s client connectivity and high touch trading solution to support its algorithmic trading business. ESL made the decision to replace their existing system with Itiviti’s best in class modular solution to…

July 24, 2018 BY Valentina Kirilova

REGIS-TR appoints Philip Brown as new chairman of Board of Directors

As of 1 July, REGIS-TR, The European Trade Repository, announced that it has appointed new members to its Board of Directors. A member of the Board since the inception of REGIS-TR, Philip Brown has been appointed as the new chairman of the Board, succeeding Jeffrey Tessler. The new Vice-Chairman is Jesús Benito, following Jose Massa.…

July 24, 2018 BY LeapRate Staff

Hantec Markets' Hayel Abu-Hamdan on ESMA rules, crypto trading, and lots more

LeapRate Exclusive Interview... In our continuing series of discussions and interviews with leading figures in the Retail and Institutional FX trading scene ahead of pending ESMA rule changes (now just a week away!), we're pleased to speak today with Hayel Abu-Hamdan, Director and COO of London based Hantec Markets. What is Hantec Markets's approach to…

July 24, 2018 BY LeapRate Staff

Playtech adds Susan Ball to its Board of Directors

Online gaming and financial trading systems provider Playtech PLC (LON:PTEC) has announced that Susan Ball will join the Company's Board as a Non-Executive Director, effective August 1, 2018. Susan Ball is a Chartered Accountant with over 35 years' senior finance and board level experience in the gambling, leisure and consumer industries, with a focus in…

July 24, 2018 BY LeapRate Staff

IG Group nets record Revenues of £569M in 2018, but sees 2019 decline due to ESMA

UK online trading leader IG Group Holdings plc (LON:IGG) has reported its financial results for 2018 (IG has a May 31 fiscal year end), sporting record revenues and profits - but indicating that results will likely be lower in 2019 due to the CFD leverage caps being instituted by ESMA, scheduled to come into effect…

July 23, 2018 BY Valentina Kirilova

PayPal research unveils key global shopper insights for merchants

eBay and online payment giant PayPal has released a survey, unveiling key global shopper insights for merchants. This year, the company surveyed more than 34,000 consumers across 31 countries and asked how and why they shop online both domestically and internationally. At a macro-level, their responses reveal major opportunities: International online shopping continues to increase…

July 23, 2018 BY Valentina Kirilova

Sumitomo Mitsui Trust Bank adopts DTCC Alert GC Direct to manage settlement process

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade infrastructure for the global financial services industry, has announced that Sumitomo Mitsui Trust Bank (U.S.A.) Limited (SuMi TRUST USA) has become the first Japanese global custodian to go live on the ALERT Global Custodian Direct (GC Direct) workflow. With GC Direct, SuMi TRUST USA can…

July 23, 2018 BY Valentina Kirilova

Financial firms accelerate their move to the cloud

Financial firms with spend on cloud to increase from 30% of IT budgets in 2017 to 47% by 2019 Financial firms intend to rapidly increase their investment in public cloud to exploit the benefits of the cloud in managing the financial data that powers their business decisions, according to a new global survey of senior…

July 23, 2018 BY LeapRate Staff

Market maker XTX Markets sees Revenues of £154M in 2017, £61M profits

Electronic market maker XTX Markets Limited has released its financial results for 2017, indicating significant growth in revenues although profits remained flat. XTX, which is controlled by founder and co-CEO Alex Gerko, reported that Revenues for 2017 rose by 17% from the previous year, £154.6 million (USD$ 203 million) versus £131.9 million. The company earned…

July 23, 2018 BY Valentina Kirilova

Finastra appoints new CIO to lead Global Information Services and support future growth

Finastra has announced that Gareth Burton has joined the company as Chief Information Officer (CIO) with responsibility for leading Finastra’s Global Information Services team. He will oversee the company’s enterprise core infrastructure and employee services, as well as supporting all business and financial applications. Gareth Burton has three decades of experience in the international technology…

Category: Forex