Category: Forex

clsnet
March 07, 2018 BY Valentina Kirilova

Flexpoint backs Dash Technologies co-founders in management buy-out from GTCR

Dash Financial Technologies, provider of advanced multi-asset trading technology and execution services platforms, today announced that its co-founders, Peter Maragos and David Karat, have partnered with private equity investment firm Flexpoint Ford to acquire the Dash business from private equity firm GTCR in a management-led buyout. Mr. Maragos will continue to lead the business as…

Read more
IOSCO issues statement on liquidity risk management recommendations for investment funds
March 07, 2018 BY Valentina Kirilova

IOSCO makes recommendations to help trading venues manage extreme volatility

The Board of the International Organization of Securities Commissions (IOSCO) has just informed that it is seeking feedback on its proposed recommendations to assist trading venues and regulatory authorities in the implementation of mechanisms to manage extreme volatility. Extreme volatility in securities markets can undermine IOSCO’s objective of ensuring that markets are fair, efficient and…

Read more
CLS Group trading volumes
March 07, 2018 BY Valentina Kirilova

CLS adds end-of-day FX trade reporting for MiFID II

The market infrastructure delivering settlement, processing and data solutions company CLS has just announced that it is launching CLSReporting - a reporting product for foreign exchange (FX) matched instructions that supports members with their MiFID II reporting requirements. In response to market demand, CLS will provide the ability for parties and counterparties to FX trades to…

Read more
Microsoft Azure to shape future of financial services software
March 07, 2018 BY Valentina Kirilova

Microsoft Azure to shape future of financial services software

Microsoft Corporation (NASDAQ:MSFT) has announced that it has formed a strategic alliance with Finastra to deliver secure, flexible and cost effective financial services cloud solutions. As part of the alliance, Microsoft Azure, Microsoft’s enterprise-ready trusted cloud platform, will underpin FusionFabric.cloud as Finastra’s strategic cloud platform. Finastra will also launch a selection of its global payments…

Read more
exness cristiano ronaldo
March 07, 2018 BY LeapRate Staff

Exclusive: Exness injects £1.5 million into FCA regulated sub

LeapRate Exclusive... LeapRate has learned via regulatory filings that Retail FX brokerage group Exness has invested an additional £1.5 million (USD $2.1 million) of capital into its FCA regulated UK subsidiary Exness (UK) Limited. As we exclusively reported early last year, CySEC-licensed Exness made an application to the FCA to upgrade its "IFPRU 125K" license in…

Read more
FXCM fx volumes leucadia logo
March 06, 2018 BY LeapRate Staff

FXCM has another strong month, February FX volumes at $239 billion

Retail FX broker FXCM continued its strong start to 2018, reporting overall FX trading volumes of $239 billion. That ranks just 4% below January's $250 billion, but given that February had fewer trading days than January (20 versus 22), February's $12.0 billion average daily volume was actually 5% above January. Keeping in mind, that January…

Read more
NEX Group cloud Celent
March 06, 2018 BY Valentina Kirilova

NEX and Celent publish Cloud in Capital Markets white paper

The financial technology company NEX (LON:NXG) and the research, advisory, and consulting firm focused on financial services technology, Celent, announced that they have published a new white paper. named ‘Cloud in Capital Markets - Getting ahead of tomorrow.’ The white paper provides an in-depth analysis of the benefits and risks of cloud technology and its…

Read more