Mosaic Smart Data (Mosaic), the FICC data analytics company, just announced that Jack Jeffery has joined the company as Chairman of the Board. With over 35 years’ experience in the financial markets, Jack Jeffery has previously held CEO positions at electronic fixed income platform MTS and ICAP Electronic Broking, which included responsibility for Brokertec and…
Read moreFollowing the success of its Novo 1 fund, launched in 2013, BNP Paribas Asset Management (BNPP AM) announced the launch of BNP Paribas Novo 2018, a new business loan fund for institutional investors. The fund has the backing of the FFA and the CDC, and aims to provide new sources of financing to help French…
Read moreFCA regulated online CFD brokerage house CMC Markets Institutional (LON:CMCX) has today announced that it expands multi-asset liquidity offering through PrimeXM’s XCore. The XCore’s innovative technology benefits hundreds of financial institutions by providing them with liquidity through Tier 1 banks, prime brokers and other liquidity sources. CMC Markets is now part of the XCore community.…
Read moreCollective2 (C2), the online trading strategy marketplace that connects investors with independent traders, announced today the public beta release of C2BROKER (C2B). C2BROKER is the first investment platform to offer hedge fund ideas with commission-free trading. At C2BROKER, customers can automatically follow (AutoTrade) any equity or options trading strategies at C2 in their own C2B…
Read moreLeapRate Exclusive... LeapRate has learned that ADS Securities London Limited, the FCA regulated UK arm of Abu Dhabi based global financial concern ADS Securities, has continued to grow - and has turned profitable after several years of investment by the parent company. Revenues at ADS Securities UK came in at £5.4 million (USD $7.5 million)…
Read moreWhich crypto portal did leading FX affiliate group Investoo buy? How did the latest financial results pan out at GAIN Capital, Destek UK, and XTB? Why was Australia FX broker DirectFX suspended by ASIC? What management changes happened involving Saxo Bank, CFH, muinmos, and XTB? What is the nature of the new Saxo Bank agreement…
Read moreSwiss interdealer broker Compagnie Financière Tradition (SWX:CFT)'s activity grew in the first quarter with reported consolidated revenue of CHF 229.6m compared with CHF 213.4m in same period in 2017, up 7.8% in constant currencies. At current exchange rates, consolidated revenue presented an increase of 7.6%. For the same period, the Group’s consolidated adjusted revenue was…
Read moreLeapRate Exclusive... LeapRate has learned that Saxo Capital Markets UK Ltd has seen the resignation of the company's Head of Legal and Compliance, Andrew Stylianou. Saxo Capital Markets UK is the London-based FCA regulated subsidiary of Copenhagen based Retail FX broker Saxo Bank A/S. Saxo UK recently hired former ETX Capital executive Andrew Edwards as its new…
Read moreRetail and Institutional FX brokerage group Gain Capital Holdings Inc (NYSE:GCAP) has announced Q1-2018 results indicating an across-the-board improvement in both top and bottom line results. Quarterly revenues and profits at GAIN Capital were both at multi-year high levels. GAIN Capital operates the retail Forex.com and City Index online trading brands and the institutional GTX business.…
Read moreCapitolis, the pioneering technology provider for the capital markets, has just announced it is live with its foreign exchange credit switching service, Capitolis Switch. Capitolis raised $29 million of venture capital funding earlier this year from Silicon Valley VCs Index Ventures and Sequoia Capital ($20 million led by Index Ventures, and a prior $9 million…
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