Category: Forex

August 08, 2017 BY Valentina Kirilova

Nordea implements Commcise to deliver MiFID II research payment accounting

Commcise, the provider of integrated commission management and research evaluation solutions for investment management firms, has confirmed the successful implementation of CommciseBUY at Nordea Asset Management (Nordea), the asset management division of the largest financial services group in the Nordics. The Commcise solution delivers an end-to-end commission management and research evaluation processing capability to support…

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August 08, 2017 BY Valentina Kirilova

RPMI Railpen to employ Axioma's portfolio optimizer solution

Axioma, a provider of enterprise market risk and portfolio management solutions, announced that has entered into an agreement with RPMI Railpen (Railpen) to supply its portfolio optimization solution. Railpen is the investment manager for the Railways Pension Scheme one of the UK's largest and longest established pension funds. Railpen will use Axioma Portfolio Optimizer to…

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August 08, 2017 BY Valentina Kirilova

N+1 Singer selects Torstone Technology’s MiFIR solution

Torstone Technology, the provider of post-trade securities and derivatives processing, today announced that N+1 Singer, an independent corporate broking, advisory and trading house focusing on small & mid-cap companies, has selected Torstone’s InfernoRC module in order to comply with the transaction reporting obligations of the Markets in Financial Instruments Directive (MiFID II) and its accompanying…

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NZX Carbon Fund (CO2)
August 08, 2017 BY Valentina Kirilova

NZX establishes Clearing Committee

The NZX Ltd (NZE:NZX) today announced the establishment of the NZX Clearing Committee. The establishment of this Committee follows recent changes to the designation order relating to the New Zealand Clearing and Depository Corporation (NZCDC) Settlement System, which were approved by the Financial Markets Authority and Reserve Bank of New Zealand. These changes identify NZX…

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August 08, 2017 BY Valentina Kirilova

LCH and Euronext to sign binding terms for continued provision of derivatives clearing services

LCH, the global clearing house, just announced that it has signed binding terms with Euronext N.V. for the continued provision of clearing services for listed financial and commodity derivatives with LCH SA, the Group’s continental European operating subsidiary. The agreement is expected to be finalised in Q4 2017. New 10-year long-term derivatives clearing agreement for…

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August 08, 2017 BY Valentina Kirilova

Paysafe reports 11% increase in Revenue in 1H 2017

Payments services company Paysafe Group Plc (LON:PAYS) announced its unaudited interim results for the six months ended 30 June 2017. Financial highlights $m H1 2017 H1 2016 Revenue 538.7 486.7 Year-on-year revenue growth 11% 118% Organic constant currency year‐on‐year revenue growth 12% 20% Adjusted EBITDA 169.2 144.2 Adjusted EBITDA margin 31.4% 29.6% Statutory operating profit…

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saxo bank fx volumes
August 07, 2017 BY LeapRate Staff

Saxo Bank FX trading volumes up 3% in July to $249 billion

In a month in which most retail and institutional eFX providers have reported slight to mild decreases in FX trading volumes, Copenhagen based Saxo Bank has disclosed a nice 3% increase in July FX volumes, to $249 billion, up from $242 billion in June. While forex trading was strong at Saxo Bank, the multi-asset broker…

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August 07, 2017 BY Valentina Kirilova

FX platform provider Leverate hires Yasha Polyakov as CEO

Leverate just announced that it has hired Yasha Polyakov as its new CEO, replacing the recently departed Kobi Gur. For the past year and a half, Mr. Polyakov ran Rynat Trading Ltd., a CySEC-regulated company which runs the XHorns.com retail forex brand. XHorns runs on Leverate's SIRIX platform. Before running XHorns, Mr. Polyakov - an accountant…

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August 07, 2017 BY admin

US forex broker client assets for June slip 0.5% MoM to $531 million

US retail forex broker client assets showed a slight MoM slippage according to data filed with the CFTC as of June 30th. The report revealed a 0.54% contraction in assets held by Retail Foreign Exchange Dealers (RFEDs) from May's $533,886,026 to $530,993,835 for June 2017. This is a very slight drop as most of the…

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