LiquidityBook adds Broadridge Les Vital as Head of Technical Sales as demand for its POEMS platform grows LeapRate

May 09, 2017 BY Valentina Kirilova

LiquidityBook adds Broadridge Les Vital as Head of Technical Sales as demand for its POEMS platform grows

LiquidityBook just announced the addition of Les Vital as Head of Technical Sales The appointment comes as demand accelerates for its POEMS (portfolio, order and execution management system) platform, with clients across the Americas and Europe turning to LiquidityBook to help reduce TCO (total cost of ownership), improve efficiency and meet increasing regulatory compliance demands…

May 09, 2017 BY Valentina Kirilova

Bats announces alternative to closing auctions

Bats, a CBOE Holdings, Inc. (NASDAQ:CBOE) company announced today that it is proposing to adopt a new, competitively priced alternative to the primary market closing auctions that take place at the end of the U.S. equities trading day, subject to regulatory approval. The creation of Bats Market Close (BMC), an end-of-day match process for non-Bats listed…

May 08, 2017 BY LeapRate Staff

GCM Prime 9 months 2016: Revenue £1.5M, Operating Loss £227,000, Client Cash £15M

LeapRate Exclusive… LeapRate has learned via regulatory filings that FCA regulated Forex and CFD brokerage GCM Prime Ltd has grown its business nicely in its first full year of operation. For the nine months ended December 31, 2016, GCM Prime brought in Revenues of £1.5 million, had an operating loss of £227,000, and grew its Client…

May 06, 2017 BY admin

HKEX plans to offer physically settled RMB and USD gold futures in Q3

Coming soon will be the first of their kind gold futures contracts denominated in CNH and US$ available on the same platform. Hong Kong Exchanges and Clearing Limited (HKEX) plans to introduce physically settled CNH (offshore Renminbi, or RMB) and US dollar (US$) Gold Futures contracts in the third quarter of this year, subject to…

May 06, 2017 BY admin

Hotspot announces first successful trades of anonymous forex forwards

Hotspot, a CBOE Holdings, Inc (NASDAQ: CBOE) company and institutional FX trading ECN market has announced the first anonymous outright deliverable forward FX transaction executed on the platform. Hotspot is the first platform to provide outright deliverable forwards on an anonymous central limit order book. Further, it is the first platform to allow prime brokerage…

May 05, 2017 BY LeapRate Staff

Alpha 1H-2017 results: Revenues £12.9 million, Profit £1.8 million, Client Cash £75 million

Institutional FX brokerage ACM Group plc, more commonly known in the industry as just Alpha, has issued its results report for the first half of fiscal 2017 (September 30 year end, first half results are through March 31, 2017). At the half year mark the transformation process that the company began during the previous financial…

May 05, 2017 BY Valentina Kirilova

Thomson Reuters offers greater open desktop interoperability on Eikon

Financial professionals using Thomson Reuters (NYSE:TRI) flagship desktop can now integrate their internal and partner applications through the launch of its Side by Side Integration API. Together with App Studio, Eikon’s third-party developer suite, users can extract even greater value from Eikon through a more seamless workflow on a single desktop. The new API is…

May 05, 2017 BY Valentina Kirilova

AxiomSL appoints DTCC Peter Tierney CEO APAC

AxiomSL, the regulatory reporting, data and risk management solutions company, today announced the appointment of Peter Tierney as CEO of the firm’s Asia Pacific (APAC) region. Tierney brings more than 25 years of experience as an enterprise software executive, including his latest role as the regional head of DTCC’s OTC trade reporting initiative and CEO of…

May 05, 2017 BY Valentina Kirilova

British Columbia Securities Commission announces new Corporate Finance Director

The British Columbia Securities Commission (BCSC) announced the appointment of John Hinze to Director of Corporate Finance. John is passionate about building vibrant capital markets in British Columbia that will give issuers the capital they need to grow and investors the information and opportunities they seek," said Peter Brady, Executive Director of the BCSC. "He…

May 03, 2017 BY LeapRate Staff

EBS forex volumes down 12% MoM in April to $76.1 billion ADV

Continuing the string of weak volume reports for the month of April 2017 from some of the leading institutional eFX trading venues, NEX Group PLC (LON:NXG) has reported that its EBS unit saw volumes drop by 12% MoM, coming in at $76.1 billion ADV. That marks EBS's slowest month for trading since August 2016. Overall,…

Category: Institutional