The ICRV brokerage team of ICAP announced that now offers electronic and voice brokered Eris Swap Futures. ICRV is a market broker focused on relative value (RV) extending its trading algorithms and expertise to a global client base. Eris is now on their growing list of liquid markets. ICRV can execute custom strategies across fixed…
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CLS Group, a provider of risk mitigation and operational services for the global foreign exchange (FX) market, today announced that nine new directors have been elected to its Board of Directors at its Annual General Meeting held on 2 May 2017. The CLS Board now totals twenty-three directors, five of whom are independent and designated…
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Cyprus-based retail forex broker Exness announced that has lowered the margin requirements for over 50 exotic currency pairs. Lowering the margin requirements for such a wide selection of exotic currency pairs gives small investors the opportunity to enter the market accessing a more diverse range of currency pairs, without having to sustain higher margin requirements.…
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UK based online brokerage house CMC Markets Plc (LON:CMCX) has announced the launch of its new Prime FX proposition, as the company continues to bolster its institutional offering. Prime FX from CMC Markets has been designed to help fill the liquidity gap that has been left by many of the traditional prime brokers scaling back…
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LeapRate Exclusive... LeapRate has learned via regulatory filings that the FCA regulated UK arm of retail forex broker FXCM, Forex Capital Markets Limited, does not expect regulatory action to be taken against the company, similar to what happened in the US. In the US, of course, FXCM and its then-CEO Drew Niv were fined $7…
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Morningstar, Inc. (NASDAQ: MORN), a provider of independent investment research, today reported estimated U.S. mutual fund and exchange-traded fund (ETF) asset flows for April 2017. In April, investors put $17.1 billion into U.S. equity passive funds, down from $31.1 billion in March 2017. On the active side, investors pulled $16.8 billion out of U.S. equity…
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Financial professionals using Thomson Reuters (NYSE:TRI) has enriched its environmental, social and governance (ESG) capabilities with the addition of the Insight360 SASB Edition, an app that gives the buy-side the ability to leverage the Sustainability Accounting Standards Board’s (SASB) Materiality Framework to identify investment opportunities and manage risks with near real-time ESG data. Developed by…
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LeapRate Exclusive... LeapRate has learned via regulatory filings that Cyprus-based retail forex broker Exness has made an application to the UK financial regulator FCA to increase the scope of its FCA-licensed arm, Exness Europe Limited (Exness UK). Exness received its initial FCA license in September of last year, which LeapRate discussed at the time with Exness…
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Australia based retail and institutional FX services firm Invast Global has announced that its Sydney-based CEO, Gavin White, has been asked to join the Board of Directors of Japan-listed parent company Invast Securities Co., Ltd. (TYO:8709). The nomination of Mr. White to the Board of Invast Securities Co., Ltd. is subject to the approval of the…
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LeapRate Exclusive... LeapRate has learned via regulatory filings that shareholders of online gaming and trading giant Playtech PLC (LON:PTEC) have rejected a resolution put forth by the company's board of directors, to issue a one-time grant of 1.5 million Playtech shares to CEO Mor Weizer. Weizer has been CEO of Playtech since 2007. The shareholder…
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