Broadridge buys ActivePath, enhances platform to help clients accelerate digital adoption LeapRate

March 29, 2018 BY Valentina Kirilova

Broadridge buys ActivePath, enhances platform to help clients accelerate digital adoption

Broadridge Financial Solutions, Inc. (NYSE:BR), a global fintech firm, announced that it has completed the acquisition of ActivePath, an Israeli-based digital technology company. ActivePath’s technology enhances the consumer experience associated with consumer statements, bills, and regulatory communications. ActivePath extends Broadridge’s ability to transform and accelerate the pace of digital adoption, further strengthening Broadridge’s Governance and…

March 29, 2018 BY Valentina Kirilova

ECC granted Recognised Clearing House status by Monetary Authority of Singapore

The European Commodity Clearing (ECC) has announced that it has been given Recognised Clearing House (RCH) status by the Monetary Authority of Singapore (MAS). This will be ECC’s first regulatory license outside of Europe, representing a key milestone for ECC and CLTX, as part of EEX Group, in their shared global growth ambitions. The RCH…

March 29, 2018 BY Valentina Kirilova

Saxo Bank on ESMA’s leverage restrictions: 'fair and proportionate'

Following IG Group Holdings plc (LON:IGG) and Plus500 Ltd (LON:PLUS)'s recent reactions, Copenhagen based multi asset broker Saxo Bank has also spoken, 'strongly' welcoming ESMA’s leverage restrictions. The measures include caps on leverage which Saxo Bank considers fair and proportionate. Saxo Bank expects these measures to be positive for clients and result in a more level…

March 29, 2018 BY LeapRate Staff

CMC Markets reports strong Q4 but fewer active clients in 2018

As we have seen throughout most of the past year from it, FCA regulated online CFD brokerage house CMC Markets Institutional (LON:CMCX) has issued something of a mixed-message Trading Update leading up to the close of its current fiscal year on March 31, 2018. CMC stated that its "strong year to date performance" was been maintained…

March 29, 2018 BY LeapRate Staff

Exclusive: GMO’s Z.com Trade triples Revenues in 2017 as UK business launch takes off

LeapRate Exclusive... LeapRate has learned via regulatory filings that GMO-Z.com Trade UK Limited, the FCA regulated arm of Japan Retail FX giant GMO Internet Inc. (TYO: 9449), has more than tripled its Revenues in its first full year of operation in the UK. Still small by UK and its own standards as business still ramps up,…

March 29, 2018 BY LeapRate Staff

Exclusive: Forex broker PhillipCapital UK sees Revenues fall 14% in 2017

LeapRate Exclusive… LeapRate has learned via regulatory filings made in the UK and Singapore that PhillipCapital UK Ltd, which operates the FCA regulated FX and CFD brokerage which goes by the same name, has seen a significant drop in activity for the second year in a row in Fiscal 2017. (The company has a June 30 year…

March 28, 2018 BY Valentina Kirilova

The hidden index turnover costs: Solactive research

Solactive AG has just published a new research paper analyzing the additional cost paid by investors in order to passively track a benchmark. The selection of an index as a benchmark has been tied to the cheap cost to reference it; however, in this research paper, Solactive AG quantifies the additional turnover costs that investors…

FCA publishes its Quarterly KPIs, no clear trends indicative of firm responses to Brexit

March 28, 2018 BY Valentina Kirilova

EU-UK MiFID passporting to continue until at least December 2020: FCA

The Financial Conduct Authority (FCA) has just informed the public that it welcomes the agreement reached on the terms of an implementation period that will apply following the UK’s withdrawal from the European Union, as part of Brexit. The implementation period is intended to operate from 29 March 2019 until the end of December 2020,…

Refinitiv enables greater efficiencies and choice for fixed income traders on Eikon

March 28, 2018 BY Valentina Kirilova

JHC Systems digital wealth management dashboard now available in Eikon App Studio

Wealth management fintech firm JHC Systems (JHC), has just announced that its digital dashboard for instant 360°portfolio monitoring, risk analysis and ongoing compliance checking, JHC Neon (Neon) is now available in the Eikon App Studio. Amer Attar, JHC’s Head of Alliances, commented that Neon’s fit with Eikon is “about as perfect as could be”. The…

March 28, 2018 BY Valentina Kirilova

Elixirr and Kaizen to bring transaction reporting compliance to a new level

Elixirr, the challenger consultancy, and Kaizen, the regulatory reporting assurance experts, have just announced a new partnership, which will deliver a complete end-to-end regulatory reporting remediation service for financial institutions. The two firms will collaboratively offer clients greatly-improved assurance testing, governance and support on their trade and transaction reporting remediation projects. This is a significant…

Category: Forex