The NZX Ltd (NZE:NZX) just announced the appointment of Joanna Lawn as Head of Listings, effective Monday 18 September 2017. Lawn will be based in NZX’s Auckland office. Enhancing customer service and better promoting the benefits of listing is a core focus for NZX, and Joanna Lawn is well placed to lead the organisation’s listing team,…
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Company's Correspondent Clearing Division to offer Zacks equity, mutual fund and ETF research as well as advisor tools to broker-dealers and RIAs INTL FCStone Inc. (NASDAQ:INTL) announced that the Correspondent Clearing Division of its wholly owned subsidiary, INTL FCStone Financial Inc. ("the Company"), has entered into a partnership with Zacks Investment Research to supply Zacks…
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Rostin Behnam was officially sworn in to serve as a Commissioner of the U.S. Commodity Futures Trading Commission (CFTC), the federal agency that oversees the commodity futures, options and swaps industry. He was unanimously confirmed by the U.S. Senate on August 3. His term expires in June 2021. I am honored to join the Commission…
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Fortex, Inc., an electronic communication network (ECN) trading platform, and Commercial Network Services (CNS), a global online service provider specializing in hosting low latency algorithmic trading systems, today announced the release of an optical fiber cross connect between the companies' facilities in the NY4 Equinix datacenter in New York, United States. Driven by increased demand…
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LeapRate Exclusive... LeapRate has learned via regulatory filings that FCA regulated CFDs broker Walbrook Capital Markets Limited posted a £4.0 million (USD $5.2 million) loss in 2016 amid plunging revenues. Walbrook was originally known as FXCM Securities, the UK CFD arm of Global Brokerage Inc (NASDAQ:GLBR) unit FXCM. FXCM sold the company in late 2015 to…
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Reporting for August a month-over-month change higher of 2%, NEX Group PLC (LON: NXG) sees their spot forex business steady, with FX volumes year-over-year a solid 27% greater. August 2017 produced volumes on the company's anonymous forex matching platform, EBS MarketFX of $83 billion, while July 2017 was just a touch lower at $81.6 billion. During…
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BT today announced that Cobalt, the FX post-trade processing network based on distributed ledger technology, has joined the BT Radianz Cloud - the world’s largest financial community. Organisations can now access Cobalt’s private peer-to-peer and blockchain services via their highly secure and resilient Radianz Cloud connections, helping firms reduce cost and operational risk. Cobalt uses…
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FTSE Russell, a global multi-asset index, data and analytics provider, has announced structural updates to its Industry Classification Benchmark (ICB), a globally recognised standard, operated and managed by FTSE Russell for categorising companies and securities. The enhancements result from the recent Market Consultation to align ICB with current industry practices and incorporate features from the…
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Investment comes as market participants prepare to comply with a raft of new post-trade reporting rules in Europe, North America and APAC Deutsche Börse and Illuminate Financial Management LLP have co-led in a US$5 million Series A funding round in RegTek.Solutions Inc., a multi-jurisdiction regulatory reporting solutions provider. Based in New York, RegTek.Solutions was launched…
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ADS Securities London has today announced a major upgrade to its proprietary OREX trading platform. The new version, OREX SB, includes spread-betting functionality for UK clients across both desktop and mobile apps, along with a number of significant enhancements and upgrades. Additional features include a new design, quick trade functionality, and further performance improvements resulting…
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