BNP Paribas Asset Management enters into strategic alliance with Caple LeapRate

November 17, 2017 BY Valentina Kirilova

BNP Paribas Asset Management enters into strategic alliance with Caple

Through a strategic alliance and the acquisition of a 10% stake in Caple, BNP Paribas Asset Management (‘BNPP AM’) is announced that it is now providing an innovative platform to offer alternative credit to European small and medium-sized enterprises (‘SMEs’). Caple facilitates access to alternative credit for SMEs, working with international institutional investors to address…

November 17, 2017 BY Valentina Kirilova

Theodor Weimer appointed as new CEO of Deutsche Börse AG

Theodor Weimer has been appointed for three years as new Chief Executive Officer at today's meeting of the Supervisory Board of Deutsche Börse AG. In January, 57-year-old Weimer will take over from CEO Carsten Kengeter who leaves the company at the end of 2017. Weimer is currently spokesman of the Management Board of HypoVereinsbank –…

November 16, 2017 BY Valentina Kirilova

Cboe FX reports record market share in October

Cboe Global Markets, Inc. (Nasdaq: CBOE) today announced its foreign exchange (FX) market, Cboe FX, reported record market share of 14.5% in October, surpassing its previous record of 13.6% set in December 2013. Year-over-year, Cboe FX ADV increased 26.7% to $32.0 billion in October. The record performance was driven by a number of factors, including…

November 16, 2017 BY Valentina Kirilova

Visible Alpha acquires Alpha Exchange to enhance investment research consumption

Visible Alpha announced today the acquisition of Alpha Exchange, an innovative research discovery and management platform for investment professionals. The addition of Alpha Exchange’s advanced technology platform to Visible Alpha’s existing services will create a unified consumption and collaboration experience across research reports, analyst models and corporate access events backed by a robust compliance framework.…

November 16, 2017 BY Valentina Kirilova

CQG makes leadership changes to support CQG China launch

Rod Giffen named President, CQG APAC; Ryan Moroney appointed President, CQG Europe and the Americas CQG, a global provider of high-performance trade routing, market data, and technical analysis tools, informed that it has had a focused effort to add China to its global network of data and execution. With the imminent launch of this initiative,…

November 16, 2017 BY Valentina Kirilova

Options appoints new Cybersecurity Executive to Management Team

Options, the provider of cloud-enabled managed services to the global capital markets, has today announced the appointment of John Gracey to its executive team. John joins the team as VP, Cybersecurity where he will be responsible for leading internal cybersecurity initiatives and the development of the Options Managed Security solution. Gracey brings over 15 years…

November 16, 2017 BY Valentina Kirilova

NEX Optimisation’s triCalculate adds KVA analytics for pricing derivatives trades

NEX Group PLC (LON:NXG)’s post trade division NEX Optimisation announced today that it has introduced capital valuation adjustment (KVA) analytics to its triCalculate XVA (Valuation Adjustment) service. KVA calculations determine the lifetime costs of capital as part of the pricing of an OTC derivative. Pricing trades correctly is critical to ensuring accurate credit risk, counterparty…

November 16, 2017 BY Valentina Kirilova

Thomson Reuters upgrades ONESOURCE Sales & Use Tax and Global VAT/GST Technology Solution

Thomson Reuters (NYSE:TRI) announced the latest version of ONESOURCE Indirect Tax, the company’s intelligent, end-to-end global tax automation solution. Available in the cloud for simplified deployment and maintenance, the new release offers both shared and dedicated cloud options, addressing the needs of mid-sized businesses and large multinationals alike. The cloud tax solution automates tax calculation…

November 16, 2017 BY LeapRate Staff

Forex sports sponsorship: Plus500 extends with Atletico Madrid through 2021

FCA regulated CFD broker Plus500 Ltd (LON:PLUS) has announced that it has extended its official Main Sponsor agreement with Club Atlético de Madrid, SAD, for the 2018/2019, 2019/2020 and 2020/2021 seasons, with both parties actively considering extending the relationship further. Plus500 first became the Official Main Sponsor of FC Atletico Madrid in January 2015 and…

November 16, 2017 BY Valentina Kirilova

IMFC Chair Agustín Carstens tenders resignation, new Chair to be selected

Agustín Carstens, Chair of the International Monetary and Financial Committee (IMFC), has formally resigned, effective December 1, 2017, as he steps down as Governor of the Banco de Mexico and assumes the position of General Manager of the Bank for International Settlements (BIS). I am grateful for Agustín’s service to the IMF and its membership,…

Category: Forex