Multi-asset execution and order management systems company FlexTrade has announced the official release of FlexNOW, an out-of-the-box, broker neutral EMS to address the needs of hedge funds and mini-primes who require a streamlined, multi-asset trading system at the click of a button. Multi-Asset, MiFID II Compliant Trading - Designed to handle trading for equities, futures…
Read moreThe top Forex Industry News stories this past week appeared, once again, only at LeapRate. Who's behind the ATFX acquisition of CySEC licensed FX broker PositivaFX, as well as ATFX's expansion in the UK? Who's in, and who's out, as CEO at Retail FX and CFD brokers Z.com Trade and Capital.com? What do the changes tell…
Read moreOn 12 April 2018, Russia’s Federal Treasury has informed that it has successfully conducted its first repo auction with a floating rate via National Settlement Depository’s Collateral Management System (CMS). The amount of concluded transactions reached RUB 60.7 billion. Federal Treasury repos with a floating rate is a new product in NSD’s CMS product range.…
Read moreHSBC Holdings plc (NYSE:HSBC) has announced a withdrawal from the coal fired power sector, as part of its efforts to support a transition to a low-carbon economy. In 2011, HSBC decided to significantly restrict its support for new coal-fired power plants and effectively ceased financing them in 78 developed countries. It will now stop financing…
Read moreThe Monetary Authority of Singapore (MAS) has announced the new appointment of Mr Chaly Mah and the re-appointment of five existing members to the MAS Board of Directors. In addition, Mr Quek Gim Pew has been appointed as a non-Board member of MAS’ Board Risk Committee. Mr Chaly Mah, Chairman of NetLink NBN Management Pte…
Read moreGiven the spike in volatility perceived by investors in early February, the Autorité des marchés financiers (AMF) has published an analysis of the main products concerned and their behaviour during this period. Broadly speaking, the extent of investment strategies based on volatility calls for a certain vigilance. Following the publication on February 2 of an…
Read moreVisible Alpha has just announced that it has received ISO 27001 certification from Schellman & Company, LLC, an ANAB and UKAS accredited Certification Body based in the United States for its information security management system (ISMS) supporting the Visible Alpha Services. ISO 27001 Certification published by the International Organization for Standardization is the leading international…
Read moreDeutsche Börse Group’s post-trade services provider Clearstream has announced that it has successfully migrated the Belgian, Dutch, French and Italian markets onto its new TARGET2-Securities (T2S) Investor-CSD model. It thereby brings the first real cross-border volume onto the ECB’s pan-European settlement platform. With this move, the vision of a harmonized settlement landscape for securities across…
Read moreGTX, the institutional FX arm of retail forex broker Gain Capital Holdings Inc (NYSE:GCAP), has just announced that Henry Durrant has joined GTX as Director, Liquidity Management, effective April 19, 2018. GTX’s liquidity management team optimizes liquidity for clients prior to them going live on the ECN and on an ongoing basis thereafter. Durrant joins…
Read moreBT has just announced that SuperFeed, a fully-managed market data feed designed and operated by trading and market access technology provider Vela, can now be accessed via the secure financial markets cloud community BT Radianz Cloud. SuperFeed offers customers a single source for data feeds spanning 100 global venues including BME, Cboe, CME, CTA, Deutsche…
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