Category: Forex

February 24, 2017 BY Valentina Kirilova

SEC staff issues investor bulletin on robo-advisers

The Securities and Exchange Commission (SEC) published information and guidance for investors and the financial services industry on the fast-growing use of robo-advisers, which are registered investment advisers that use computer algorithms to provide investment advisory services online with often limited human interaction. Because of the unique issues raised by robo-advisers, the Commission’s Division of…

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February 23, 2017 BY LeapRate Staff

Why Is Forex Generally Important in the UK Economy?

This article was written by freelance writer Zak Goldberg. Forex trading is something lots of people like to engage in, and can offer an individual trader some great benefits like allowing them to trade 24 hours a day, and use leverage to open themselves up to big changes in value even with relatively low capital.…

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February 23, 2017 BY Valentina Kirilova

Morgan Stanley to move 300 staff from Britain following Brexit

U.S. bank Morgan Stanley might initially move 300 staff from Britain following its exit from the European Union, and is scouting for office space in Frankfurt and Dublin, Bloomberg News reported earlier on Thursday. The Wall Street firm will eventually choose either Frankfurt or Dublin to base its enlarged European Union hub, according to the Bloomberg…

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February 23, 2017 BY Valentina Kirilova

Xceptor joins Acadiasoft to address new margin regulations under EMIR

Xceptor, a provider of process automation and data management services for post-trade operations, just announced that it has signed an agreement with AcadiaSoft to jointly create a new service, called Relay, which will allow high volumes of margin calls currently transacted by email to be automated through the MarginSphere platform. AcadiaSoft MarginSphere is an electronic…

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US oil index is prime
February 23, 2017 BY Valentina Kirilova

Oil prices are up after report shows drop in U.S. stocks

Oil prices accelerated today after U.S. data showed a surprise decline in inventories, suggesting that a global glut may be ending after moves by OPEC to cut production. Benchmark Brent crude oil LCOc1 was up 70 cents a barrel at $56.54 by 1025 GMT, recovering from a drop of 82 cents on Wednesday. U.S. light crude…

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Thomson Reuters teams up with Seabury TFX to create new trade finance marketplace in Asia
February 23, 2017 BY Valentina Kirilova

Thomson Reuters launches MiFID II-ready data analytics platform

Information giant Thomson Reuters Corp (NYSE:TRI) has made key enhancements to its data analytics platform, Thomson Reuters Velocity Analytics, to provide ultra-high-speed processing of real-time, streaming and historical data that will help EU and non-EU financial markets participants meet their MiFID II obligations. The enhanced platform, now powered by Kx’s technology, enables a broad range…

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February 23, 2017 BY Valentina Kirilova

NEX Group’s Euclid Opportunities invests in RSRCHXchange

Euclid Opportunities, NEX Group (LON:NXG)’s financial technology investment business, announced today that it has made a strategic investment in RSRCHXchange, a cloud-based marketplace and MiFID II workflow solution for accessing institutional research. Terms of the investment are not disclosed. RSRCHXchange launched RSRCHX, its marketplace and MiFID II workflow solution for institutional research in 2014, in…

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