September 15, 2016 BY Mike Fox

India to start mock trading for international exchange starting in October

Indian financial exchange BSE today said it has decided to begin mock trading sessions for its international exchange in Gujarat International Finance Tec-City (GIFT) from October 3rd. BSE had signed a pact with GIFT SEZ Ltd in January last year to set up BSE International Exchange and BSE International Clearing Corporation at the GIFT city…

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September 15, 2016 BY Mike Fox

CBOE to launch options on FTSE Emerging Index

CBOE Holdings, Inc (NASDAQ:CBOE) today announced that it plans to launch options on the FTSE Emerging Index on September 26, 2016. The FTSE Emerging Index is a market-capitalization weighted index representing the performance of large and mid-cap companies from advanced and secondary emerging markets. The FTSE Emerging Index (Ticker: FTEM) includes approximately 972 securities from 22…

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September 14, 2016 BY Mike Fox

Markit names Jane Hamilton to FX business development team

IHS Markit (Nasdaq: INFO), a world leader in critical information, analytics and solutions, today announced that Jane Hamilton joined the firm as managing director of business development for FX. Jane brings deep experience in the FX market, prime brokerage and the technology systems supporting FX trading to Markit. She will be responsible for expanding Markit’s…

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September 14, 2016 BY Mike Fox

Barchart names Mitch Naumann as Head of Institutional Sales

Today, Barchart, a leading provider of financial market data and technology, announced that Mitch Naumann has been named Head of Institutional Sales. Naumann who most recently served as Institutional Sales Director, joined Barchart in 2008 as a Sales Associate. Naumann has worked to open up new markets to Barchart as well as build strategic relationships…

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September 14, 2016 BY Mike Fox

KPMG launches blockchain Digital Ledger Services for financial companies

KPMG today announced the introduction of its Digital Ledger Services, a comprehensive suite of services designed to help financial services companies realize the potential of blockchain capabilities -- providing faster and more secure transactions, streamlining and automating back office operations, and reducing costs by utilizing blockchain-based technologies. Blockchain is an alternative ledger database that maintains a continuously…

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September 14, 2016 BY Mike Fox

Cryptocurrency trading platform itBit founders launch separate blockchain brand Paxos

Paxos, a financial technology company delivering revolutionary blockchain solutions for global financial institutions, this week unveiled its new brand. The Paxos team—whose leadership launched itBit, the innovative cryptocurrency trading platform—consists of experienced financial services professionals with post-trade and market infrastructure expertise, leading technologists and engineers. Bankchain was previously recognized under the itBit umbrella, but has become…

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September 14, 2016 BY Mike Fox

FXCM releases historical Forex spreads data

FXCM Inc. (NYSE:FXCM), a global online provider of forex trading, Contract for Difference (CFD), and related services, released historical data on the lowest average spreads for the most popular currency pairs, exclusively on Standard and Active Trader accounts, featuring No Dealing Desk Execution. Traders now have access to the 2015 Historical Spreads Report, and the…

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September 14, 2016 BY Mike Fox

360T to offer integrated confirmation matching service in partnership with BELLIN

360T, Deutsche Börse’s venue for FX and independent global provider of a multi-bank, multi-asset trading platform, now offers a fully integrated trade confirmation solution in partnership with BELLIN, a global leader in providing web-based treasury software and services. The solution enables corporate treasuries and banks to automate the exchange and management of deal confirmations for…

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September 14, 2016 BY Mike Fox

Money.Net integrates Vela’s SuperFeed into its market data platform

Vela, a global industry leader in high performance trading and market data technology, has successfully on-boarded its consolidated market data feed, SuperFeed, at Money.Net, one of New York’s fastest growing financial services companies. Money.Net has integrated SuperFeed’s normalized low-latency content into its market data distribution platform allowing it to grow into other asset classes and…

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September 14, 2016 BY Mike Fox

RoboForex launches dedicated equities CFD platform

Another FX brokerage diversifying away from its core spot FX offering we learned about today includes RoboForex. The CySEC and IFSC regulated brokerage company has launched a dedicated platform and domain specifically for stock CFD trading at subdomain stock.roboforex.com. The CFD platform includes over 8,000 instruments including ETFs, leverage up to 1:20, and dividend payouts as…

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