Category: Forex

Roman Avdeev Sova Capital prime broker
February 27, 2018 BY LeapRate Staff

Roman Avdeev completes takeover of FCA regulated prime broker Otkritie, now called Sova

FCA-regulated multi-asset prime-broker Otkritie Capital International Ltd (OCIL), which has offices in London and Moscow, has announced that after receiving all the necessary legal and regulatory approvals, full legal ownership and control of the company has now fully transferred to the new owner, Despacio Associates Ltd, a wholly owned subsidiary of the “Concern ROSSIUM” group.…

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February 27, 2018 BY Valentina Kirilova

NEX expands relationship with MKP Capital Management

Services utilised by MKP Capital Management now include ENSO Core’s Exposure Management capabilities and triResolve Margin, the collateral management solution NEX (LON:NXG), a financial technology company at the centre of the global markets, announced today that it has expanded its agreement with MKP Capital Management, L.L.C. (MKP), a New York based hedge fund, to provide…

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February 27, 2018 BY Valentina Kirilova

Thomson Reuters partners with DealVector to enhance LPC desktop capabilities

Information giant Thomson Reuters (NYSE:TRI) announced that it has partnered with DealVector to integrate access to certain DealVector identity-protected messaging capabilities with Thomson Reuters Loan Pricing Corporation (LPC) desktop products. The integration will enable LPC clients viewing CLO and loan data to connect to holders of those specific assets. Thomson Reuters LPC is a premier…

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Diego Rotsztain Gain Capital
February 27, 2018 BY LeapRate Staff

GAIN Capital's Diego Rotsztain replaces IG-bound Thomas Leyhane on board of UK CFD and FX Association

Regulatory filings in the UK have disclosed that New York-based Diego Rotsztain (pictured above), EVP, Head of Corporate Development, General Counsel and Secretary at Gain Capital Holdings Inc (NYSE:GCAP), has become GAIN Capital's representative on UK online trading industry body CFD & FX Association Limited. Mr. Rotsztain's appointment to the Association board effectively takes the place of Thomas…

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February 26, 2018 BY Valentina Kirilova

Middle East SWF selects AxiomSL’s platform for shareholding disclosure reporting

AxiomSL, the provider of regulatory reporting and risk management solutions, today announced that a large Sovereign Wealth Fund (SWF) has recently chosen AxiomSL’s strategic platform for Global Shareholding Disclosure compliance. Regulators on a global level require market participants to make disclosures when they accumulate a substantial shareholding in an entity, invest in a protected industry,…

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February 26, 2018 BY Valentina Kirilova

Virtu and Fidessa announce liquidity partnership

Fidessa group plc (LON:FDSA) and Virtu Financial (NASDAQ:VIRT) today announced a partnership to connect Virtu Systematic Internaliser’s customisable liquidity to Fidessa’s market access solutions. Fidessa’s partnership with Virtu enables clients to access Virtu’s fully transparent and disclosed liquidity, together with improved upstream workflow to manage the more complex trading environment brokers now find themselves in.…

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Tim Hughes TigerWit
February 26, 2018 BY Valentina Kirilova

China FX broker TigerWit appoints IG Group's Tim Hughes as CEO

The TigerWit Group has announced that following the acquisition of Mercor Index it has changed the business name to TigerWit Limited and appointed Tim Hughes as Chief Executive Officer (CEO), with Mercor founder Simon Denham becoming Chief Risk Officer (CRO). The move brings together two former competitors, with Tim Hughes having been a longtime senior…

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February 26, 2018 BY Valentina Kirilova

NEX and CFETS launch Chinese FX trading platform

NEX (LON:NXG), a financial technology company at the centre of the global markets, announced that it has partnered with China Foreign Exchange Trade System (CFETS), China's interbank market trading platform and infrastructure provider, to launch 'CFETS FX2017' (FX2017), a next-generation trading platform for the Chinese foreign exchange (FX) market. Having selected NEX to deliver the…

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