INTL FCStone Inc. (NASDAQ: INTL) has just announced that its swap dealer and wholly owned subsidiary, INTL FCStone Markets, LLC (IFM), has enhanced its structured products online calculator (SPOC) with the addition of custom pricing functionality. The Company also disclosed today that SPOC has been optimized for mobile access. SPOC is an online pricing tool…
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Fortex Inc., one of the leading electronic communication network (ECN) trading platforms, today announced a launch of its hosting facility in the LD5 Equinix Datacenter as it rapidly expands its footprint in the region. Fortex is building on success in NY4 (New York) and HK3 (Hong Kong) datacenters where it currently securely hosts trading infrastructures…
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Dash Financial Technologies, provider of advanced multi-asset trading technology and execution services platforms, today announced that its co-founders, Peter Maragos and David Karat, have partnered with private equity investment firm Flexpoint Ford to acquire the Dash business from private equity firm GTCR in a management-led buyout. Mr. Maragos will continue to lead the business as…
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The blockchain-based database provider Fluence has just informed the public about the launch of its ultra-secure data storage platform for developers’ decentralized apps and platforms. Fluence is also announcing its partnership with Friend, a service that enables developers to create their own virtual cloud computer online, in order to create more tools, services and infrastructure resources…
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LeapRate Exclusive... Further to our report from last week that China regulators are changing their tune when it comes to Retail FX and starting to kick foreign FX brokers out of the country - which seems to have generated a lot of buzz and discussion in the industry - we have a follow-up report indicating that several…
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UAE brokerage firm Brokerage House Securities (BHS) has just informed that it has joined Nasdaq Dubai’s rapidly expanding derivatives market as a Member, to enable its clients to trade futures on equity indices and single stocks. The move by BHS into UAE equity futures supports the brokerage’s continuing development and diversification. In recent months BHS…
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The Board of the International Organization of Securities Commissions (IOSCO) has just informed that it is seeking feedback on its proposed recommendations to assist trading venues and regulatory authorities in the implementation of mechanisms to manage extreme volatility. Extreme volatility in securities markets can undermine IOSCO’s objective of ensuring that markets are fair, efficient and…
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The market infrastructure delivering settlement, processing and data solutions company CLS has just announced that it is launching CLSReporting - a reporting product for foreign exchange (FX) matched instructions that supports members with their MiFID II reporting requirements. In response to market demand, CLS will provide the ability for parties and counterparties to FX trades to…
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Microsoft Corporation (NASDAQ:MSFT) has announced that it has formed a strategic alliance with Finastra to deliver secure, flexible and cost effective financial services cloud solutions. As part of the alliance, Microsoft Azure, Microsoft’s enterprise-ready trusted cloud platform, will underpin FusionFabric.cloud as Finastra’s strategic cloud platform. Finastra will also launch a selection of its global payments…
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The Vienna Stock Exchange AG (Wiener Börse AG) today announced that it has acquired a stake and has formed a strategic partnership with LIMEYARD AG, a global index provider fintech based in Switzerland, to provide real-time index calculation and data dissemination. Vienna Stock Exchange is thus aiming to expand its recognized CEE index expertise, by…
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