GLMX electronic repo marketplace raises $20 million in growth equity financing LeapRate

January 25, 2018 BY Valentina Kirilova

GLMX electronic repo marketplace raises $20 million in growth equity financing

GLMX, a comprehensive technology solution for the trading of repurchase agreements ("repo") and secured lending, just announced that it has raised $20 million in growth equity financing. The investment will help the firm expand its operations into major European markets and bolster its engineering team following a record year in which its client base doubled,…

January 25, 2018 BY Valentina Kirilova

JHC hires ex-Dion Head Ron Tomlinson to bolster development delivery

Wealth management fintech firm JHC Systems (JHC), has hired Ron Tomlinson as Head of Solutions Development. Formerly Global Head of Development of Wealth and Post Trade at Dion, Ron brings unrivalled experience heading up wealth management product development teams. He will report to Chief Financial Officer, Gareth Anderson. Tomlinson’s varied career has given him an…

January 25, 2018 BY Valentina Kirilova

Solactive launches Sustainability Index Europe developed with Deutsche Bank

Solactive today announced the launch of the Solactive Sustainability Index Europe, which was developed with Deutsche Bank, and is designed to track the performance of environmentally and socially responsible European companies, based on the data-driven platform Arabesque S- Ray®. Arabesque S-Ray® is the first tool of its kind that uses machine-learning and algorithm- based technology…

Kyber Network opens to become the VISA for cryptocurrency

January 25, 2018 BY Valentina Kirilova

GMEX launches Fusion - integrating centralised and blockchain technologies

In response to changing global market drivers and technical innovation, GMEX Technologies Ltd (GMEX), a provider of multi-asset exchange and post-trade business and technology solutions announced GMEX Fusion, a unique integrated centralised and distributed solution set. GMEX Fusion combines the established GMEX centralised technology– currently live in multiple exchanges and post trade venues, such as…

Broadridge presents new securities lending assessment solution for mutual funds

January 25, 2018 BY Valentina Kirilova

Broadridge launches multi-market aggregation and execution tool for Repo markets

Broadridge Financial Solutions, Inc. (NYSE:BR) today announced the launch of its new Repo Order Quote (ROQ) solution, a multi-market aggregation and execution tool for repo markets. The solution is now in use with a major European bank. ROQ allows repo traders to view liquidity and pricing across multiple electronic marketplaces. The system enables traders to…

January 25, 2018 BY Valentina Kirilova

Alpari’s trading turnover exceeds 1.3 trillion USD in 2017, 29% up YoY

The international financial Alpari brand just informed that its trading turnover in 2017 exceeded 1.3 trillion USD, marking a 29% increase on 2016. This was largely a result of growth in trader and investor activity, high volatility on currency markets, improvements to our product line, the development of investment and technological services, and improvements to…

January 25, 2018 BY LeapRate Staff

CMC Markets reports less active clients, but higher revenue-per-client in Q3-2018

London based online FX, CFDs and spreadbetting broker CMC Markets Plc (LON:CMCX) has issued a trading update for its fiscal 2018 third quarter, covering the period from October to December 2017. CMC has a March 31 fiscal year end. Overall, CMC reported mixed results, with fewer active clients but a healthy rise in revenue per client…

January 24, 2018 BY Valentina Kirilova

Powernext and PJSC UKRTRANSGAZ sign MoU to evaluate possible cooperations in Ukraine

Powernext and the Ukrainian gas network operator PJSC UKRTRANSGAZ announced that they have signed a Memorandum of Understanding in order to evaluate possibilities for a cooperation. Powernext would bring its European experience in offering market-based tools to infrastructure operators while PJSC UKRTRANSGAZ would bring its knowledge of the Ukrainian gas market. Today, the national yearly…

January 24, 2018 BY Valentina Kirilova

INTL FCStone Inc. expands trading operations with full-service broker-dealer in Brazil

INTL FCStone Inc. (NASDAQ: INTL) today announced that its wholly owned subsidiary, INTL FCStone DTVM Ltd ("the Company") is now fully operational as a broker-dealer in Brazil and has begun onboarding accounts in that country. As a registered broker-dealer, the Company will further its commitment to the Brazilian marketplace while expanding its global trading operations.…

January 24, 2018 BY Valentina Kirilova

FIX Trading Community releases guidelines to help firms meet cybersecurity requirements

FIX Trading Community, the non-profit, industry-driven standards body at the heart of global financial trading, today announced the release of the FIX-over-TLS (FIXS) standard and guidelines to assist users of the FIX Protocol meet certain security requirements. FIXS is part of a larger programme of work that the FIX Trading Community initiated in response to…

Category: Forex