Category: Forex

February 16, 2017 BY Valentina Kirilova

triResolve Margin signs over 60 clients in anticipation of the variation margin rules

TriOptima, a NEX Group (LON:NXG) business which lowers costs and mitigates risk in OTC derivatives markets, just announced that over 60 clients have adopted its triResolve Margin service in anticipation of the new variation margin regulations effective 1 March 2017. These institutions include dealers, buy-side and corporate clients such as Mizuho Bank, Ltd., Sampo plc,…

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February 16, 2017 BY Valentina Kirilova

Bats welcomes Global X Funds as a new issuer to the Bats ETF Marketplace

This week Bats Global Markets, Inc.(Bats: BATS) makes another entry to its Bats ETF Marketplace with Global X as a new issuer. The Global X Founder-Run Companies ETF (Bats: BOSS) seeks to provide investment results that correspond generally to the price and yield performance of the Solactive U.S. Founder-Run Companies Index. Laura Morrison, Senior Vice President, Global…

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February 16, 2017 BY Valentina Kirilova

Bats welcomes Tortoise as a new issuer to the Bats ETF Marketplace

Bats Global Markets, Inc.(Bats: BATS) welcomed Tortoise as a new issuer to the Bats ETF Marketplace. The Tortoise Water Fund (Bats: TBLU) seeks investment results that correspond generally to the price and distribution rate (total return) performance of the Tortoise Water Index. Companies included in the index are materially engaged in the water infrastructure or…

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February 15, 2017 BY admin

South Africa Competition Commission prosecutes banks for Forex trading collusion

The Competition Commission of South Africa has today referred a Forex manipulation collusion case to the Competition Tribunal which has jurisdiction throughout South Africa and adjudicates competition matters. The Forex collusion case which was first announced back in April of 2015, officially was referred for the prosecution against the following 17 institutions: Bank of America Merrill…

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CLS launches same-day FX settlement service, J.P. Morgan and Goldman Sachs to try it first
February 15, 2017 BY Valentina Kirilova

CLS appoints Gaynor Wood as General Counsel

CLS Group, a provider of risk mitigation and operational services for the global FX market, just announced that has appointed Gaynor Wood to the role of General Counsel. Wood succeeds Alan Marquard, who has led both CLS’s Legal division and the Corporate Strategy and Development (CSD) division. She reports to David Puth, CEO of CLS…

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February 15, 2017 BY Valentina Kirilova

Bats One Premium market data now available through FactSet

Bats Global Markets (Bats:BATS) announced that its Bats One Premium market data product is now available for distribution across numerous FactSet products and platforms. FactSet, a global provider of integrated financial information, analytical applications and industryleading service, this month became the first distribution partner to offer this new product. Bats One Premium features five levels…

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