Category: Forex

New hedge fund Albar Capital chooses FlexTrade’s FlexNOW for equities and futures
July 19, 2018 BY Valentina Kirilova

New hedge fund Albar Capital chooses FlexTrade’s FlexNOW for equities and futures

Multi-asset execution and order management systems company FlexTrade has just announced that Albar Capital Ltd., a new hedge fund led by Javier Velazquez (formerly of Millennium Capital Partners LLP), is now trading equities and futures using FlexNOW, FlexTrade’s new execution management system. The FlexNOW team was instrumental in solving several of our problems,” said Jason Ruder,…

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AcadiaSoft launches sensitivities calculation services
July 19, 2018 BY Valentina Kirilova

AcadiaSoft names Lee McCormack Head of Collateral Product Management

AcadiaSoft Inc. has announced the appointment of Lee McCormack as Head of Collateral Product Management and Professional Services. He will be responsible for extending AcadiaSoft's CollateralManager service to new customers and further expanding its capabilities for buy-side firms. We are thrilled to have Lee on board to lead our collateral product management team," said Scott…

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FlexTrade adds Paul Beatty to team
July 18, 2018 BY Valentina Kirilova

Fonetic appoints investment banking stalwarts to new advisory board

Fonetic, a voice processing, compliance and surveillance technology company, announced that it has selected three industry veterans to create a new product advisory board. Nick Child, Sandy Broderick and Oliver Blower will provide Fonetic with expert advice on regulatory compliance, surveillance and technology. The purpose of the advisory board is to ensure each solution that…

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FX liquidity providers
July 18, 2018 BY LeapRate Staff

Stater Global Markets adds Gold-i Matrix Net liquidity distribution for MT4 and MT5 brokers

FCA regulated Prime of Prime brokerage Stater Global Markets has announced that it has added Gold-i Matrix Net as an additional liquidity distribution channel to help drive further growth. This latest development extends Stater’s partnership with Gold-i, making Stater’s liquidity available to brokers worldwide who use Gold-i’s Matrix, MT4 Bridge and MT5 Gateway products. Ramy…

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LCH SwapAgent completes its first trades compression
July 18, 2018 BY Valentina Kirilova

LCH clears first SOFR swaps

LCH, a global clearing house, has announced that it has cleared the first U.S. Dollar interest rate swaps referencing the Secured Overnight Financing Rate (SOFR). Credit Suisse, Goldman Sachs and J.P. Morgan were among the first participants to clear swaps using the new rate. This follows the June 2017 announcement by the Alternative Reference Rates…

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NEX Markets with BME to expand BrokerTec platform's clearing options
July 18, 2018 BY Valentina Kirilova

NEX Markets with BME to expand BrokerTec platform's clearing options

NEX Markets, a NEX (LON:NEX) business which provides electronic trading technology services in the fixed income and foreign exchange (FX) markets, announced today that BrokerTec Europe Limited has signed an agreement with BME Clearing, the Spanish Central Counterparty (CCP) operated by BME, to launch a new clearing option for BrokerTec’s existing clients. The agreement expands…

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acquisition
July 18, 2018 BY Valentina Kirilova

EACS acquires financial data disaster recovery specialist Sentronex

Managed services provider EACS has announced that it has acquired the privately held IT services company Sentronex. Based in London, Sentronex provides high quality disaster recovery and IT managed and professional services to the UK’s City financial organisations. Founded in 2005, this company works specifically with FCA regulated businesses, using its specialist understanding of this…

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DTCC opens office in Dublin Ireland ahead of March 2019 Brexit
July 18, 2018 BY Valentina Kirilova

DTCC opens office in Dublin Ireland ahead of March 2019 Brexit

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, has just announced that it intends to open a new office in Dublin, Ireland, to continue providing an authorised regulatory reporting service for clients in the EU27 and the UK as the UK advances towards a departure…

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Spreadex office
July 18, 2018 BY LeapRate Staff

Exclusive: Spreadex 2018 Revenue up 17% to £59M, Profits hit £27M

LeapRate Exclusive… LeapRate has learned via regulatory filings that FCA regulated financial and sports spread betting company Spreadex saw significant top line Revenue growth of 17% in its latest Fiscal year ended May 31, 2018. That, following a 2017 year where Revenues were flat. Overall, Spreadex brought in £58.9 million in Revenue in 2018, as noted up 17%…

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