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LeapRate Analyst
December 06, 2016 BY admin

BlackRock Solutions integrates ICE Data Services’ Continuous Evaluated Pricing Tool

Intercontinental Exchange (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, today announced that ICE Data Services’ Continuous Evaluated Pricing (CEP) has been integrated into BlackRock Solutions’ Aladdin risk and enterprise investment system. BlackRock, Inc. (NYSE: BLK) Aladdin is the premier portfolio management system for investment managers that…

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December 06, 2016 BY admin

FINRA fines Credit Suisse $16.5 million for AML deficiencies

The U.S. based regulator Financial Industry Regulatory Authority (FINRA) announced today that it has fined Credit Suisse Securities (USA) LLC $16.5 million for anti-money laundering (AML), supervision and other violations. The regulator just last week, sanctioned Merrill Lynch $7 million for inadequate supervision of leverage in customer brokerage accounts. In this case, FINRA found that Credit…

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December 06, 2016 BY admin

SGX appoints Michael Luk as the new Head of Fixed Income Origination and Sales

Singapore Exchange (SGX) announced today the  appointment of Michael Luk as the new Head of Fixed Income Origination and Sales, effective January 1st, 2017. Reporting to Mr. Chew Sutat, SGX Head of Equities & Fixed Income, Mr. Luk is tasked with spearheading the growth of SGX’s fixed income businesses through deeper and broader relationships with market…

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December 05, 2016 BY admin

Marex Spectron hires new US Head of of NGL

Marex Spectron, the global commodities broker, today announced the appointment of Jarrad Lewis as US Head of Natural Gas Liquids (NGL).  Lewis is based in the Houston office and reports to Hunter Baldwin, Marex Spectron Managing Director and Head of North America. Lewis was previously at ION, where he was the Co-Head of the NGL…

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December 01, 2016 BY admin

CME Group's energy sector led by oil trading hits all-time daily high

Trading is heating up in oil as reported earlier from ICE, who also hit a new daily volume record led by crude futures, due to OPEC cuts. Likewise, yesterday CME Group (NASDAQ: CME), hit a record high in single-day Energy complex volume with 4,510,408 combined futures and options contracts traded on November 30, 2016, breaking…

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December 01, 2016 BY admin

With OPEC cutting, Crude Oil futures set new daily volume record

Intercontinental Exchange (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of data and listing services, today announced that ICE Brent Crude futures achieved a daily volume record of 1,963,147 contracts on November 30, 2016. The catalyst for the big jump in volume and rise in oil prices yesterday was due in…

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December 01, 2016 BY admin

What's next for Forex fintech provider NetDania? - LeapRate CEO Interview

LeapRate met up with popular Danish based FX technology provider NetDania Markets CEO Jonas Nielsen this week to discuss what the company has been up to and all its latest offerings. Jonas breaks down the evolution of the company from being a charting provider to a developer in the platform space. He also unveiled upcoming…

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December 01, 2016 BY admin

Singapore start-up Spark Systems raises $5M for new Forex trading platform

A new institutional Forex trading platform is on the way for the 3rd largest currency trading market behind London and New York. Singapore-based start-up company Spark Systems as reported first by the Straight Times is building a new trading platform to make FX trading in Singapore more cost effective and faster for investors. It was…

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November 30, 2016 BY admin

Match-Trade introduces faster data feed for Forex brokers

Match-Trade Technologies, a Forex technology provider headquartered in Irvine, California, today announced the launch of a new service for forex brokers known as the Match-Trade (M-TT) Ultra-Fast Data Feed. The new service is a real-time tick by tick FX and CFD data which comprises of real; executable prices aggregated from real market participants, delivered directly…

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November 30, 2016 BY admin

FINRA sanctions Merrill Lynch $7 million for inadequate supervision of leverage in customer brokerage accounts

The Financial Industry Regulatory Authority (FINRA) announced today that it has fined Merrill Lynch, Pierce, Fenner & Smith Inc. $6.25 million and the firm will pay approximately $780,000 in restitution for inadequately supervising its customers’ use of leverage in their Merrill brokerage accounts. Merrill “loan management accounts” (LMAs) are lines of credit that allow the…

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