Category: Forex

cme group trading floor
September 15, 2017 BY LeapRate Staff

CME Group exits OTC Credit Default Swap business to focus on Interest Rate Swaps and FX

Derivatives marketplace operator CME Group Inc (NASDAQ:CME) has announced that it will exit the company's credit default swap (CDS) clearing business by mid-2018, freeing up $650 million in clearing member capital. Going forward, in order to meet customer needs in light of uncleared margin rules, CME will focus its over-the-counter (OTC) clearing services on interest rate…

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September 14, 2017 BY Valentina Kirilova

SFC and Securities Commission Malaysia sign Fintech cooperation agreement

The Hong Kong Securities and Futures Commission (SFC) today entered into an agreement with the Securities Commission Malaysia to establish a framework for cooperation on financial technology (Fintech). The SFC and Securities Commission Malaysia agreed to cooperate on information sharing and referrals of innovative firms seeking to enter one another’s markets. Cooperation between regulatory counterparts…

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CLS launches same-day FX settlement service, J.P. Morgan and Goldman Sachs to try it first
September 14, 2017 BY Valentina Kirilova

CLS Group August average daily traded volume down 1% MoM

CLS Group, the market infrastructure provider of risk mitigation services to the global FX market today published its operating metrics for the month of August 2017. The average daily traded volume submitted to CLS was USD1.581 trillion down 1 percent from USD1.596 trillion in July 2017. August 2016 July 2017 August 2017 Average daily traded…

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Cellxpert fx affiliate software
September 14, 2017 BY LeapRate Staff

Affiliate tracking software provider Cellxpert unveils regulatory compliant product for Traffic-source Management

Cellxpert, a leading provider of affiliate marketing platforms, has announced the unveiling of a new product that will allow regulated brokers to fully manage and approve their affiliates’ sources of traffic. The new tools - Country Control, Domain Control, as well as the new feature Geo Rotation Group - are a complete and customizable solution designed for…

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September 14, 2017 BY Valentina Kirilova

French AMF appoints Natasha Cazenave as Managing Director

The French regulator Autorité des marchés financiers (AMF) just announced that has promoted Natasha Cazenave as Managing Director, Head of the Policy and International Affairs Directorate. She takes over from Guillaume Eliet, who left the AMF after twelve years in regulatory policy to join Euroclear. Natasha Cazenave joined the AMF in December 2010 as a senior policy…

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Bank of China (UK) Limited joins LCH’s SwapClear
September 14, 2017 BY Valentina Kirilova

LCH launches new model for buy-side repo clearing

LCH, the global clearing house, announced today that its RepoClear service has introduced a new model to bring the benefits of clearing repos to the buy side. Insight Investment is the first asset manager to clear a trade, acting for a UK pension fund it manages, as a sponsored member, with NatWest Markets supporting Insight’s…

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September 14, 2017 BY Valentina Kirilova

Smartkarma and ULLINK to offer independent research platform via the NYFIX Portal

Smartkarma, Asia’s provider of independent research, and ULLINK, a global provider of electronic trading and connectivity solutions to the financial community, have announced the immediate availability of the Smartkarma research platform via the NYFIX Portal. Targeting the growing need for transparent pricing and unconflicted research for the buy-side, driven by regulatory focus on unbundling research…

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September 14, 2017 BY Valentina Kirilova

Thomson Reuters and Deloitte to automate financial reporting and compliance for Australian corporations

Deloitte to become an implementer for Thomson Reuters ONESOURCE Statutory Reporting software to help clients streamline statutory financial reporting process and increase automation Thomson Reuters (NYSE:TRI) unveiled a new collaboration which will see Deloitte become an implementer for Thomson Reuters' ONESOURCE Statutory Reporting software to assist finance departments streamline financial reporting processes, helping them to…

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September 14, 2017 BY Valentina Kirilova

FX affiliate group Investoo acquires social trading comparison site SocialTradingGuru.com

FX and financial affiliate Investoo Group just announced that it has acquired the social trading comparison site SocialTradingGuru.com for an undisclosed fee. Launched in 2012, SocialTradingGuru.com is one of the biggest social trading comparison sites and works with a number of partners including eToro, Ayondo and Tradeo. The deal includes all existing revenue share accounts. A…

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