National Stock Exchange of Australia trade acceptance services go live LeapRate

November 24, 2020 BY Steffy Bogdanova

National Stock Exchange of Australia trade acceptance services go live

The exchange plans to to promote DESS as a standalone alternative to CHESS and is now looking for regulatory and government cooperation to allow post-trade participants the choice between using DESS or CHESS as interoperable sub-register systems, via our proposal for a regulated “structural separation” of CHESS and ASX Clear functions. The DESS system will…

June 09, 2020 BY Valentina Kirilova

Interview with SquaredFinancial's CEO: Traders’ demands in 2020 - access and products

LR: According to you, what are some of the issues in the financial sector at the moment (let’s discuss banking and payment solutions, for example)? One of the main problems facing existing and new brokerages is that they cannot set-up accounts with tier 1 banks to manage payments. They are forced to use tier 2…

February 06, 2020 BY Valentina Kirilova

Integral’s ADV down 2% MoM in January 2020

Fintech company Integral released its volumes report for the first month of 2020. Average daily volumes (ADV) across Integral platforms totalled $35.5 billion in January. This represents an increase of 2.3% compared to the same period last year. However, the numbers were slightly down from December’s $36.3 billion, minus 2.2% MoM. Banks, brokers, and asset managers now…

January 28, 2020 BY Valentina Kirilova

FinTech firm Gold-i partners with tech provider Tradesocio

Global FinTech firm, Gold-i announced today that it has formed a partnership with Tradesocio, a technology provider for the financial industry. Gold-i’s multi-asset liquidity management and aggregation solution, Matrix, has now been integrated into Tradesocio’s Marketplace along with other Gold-i products including its risk management and business intelligence tool, Visual Edge. Tradesocio offers trading and…

January 23, 2020 BY Steffy Bogdanova

ICAP founder Michael Spencer backs £100 million fintech fund

Michael Spencer, city tycoon and founder of market operator ICAP, now NEX Group, has decided to make a substantial contribution to a new UK fintech fund. Spencer plans to invest at least £25 million in the UK fund Element Ventures, through his private holding company IPGL. This is one of the largest investments made by…

January 22, 2020 BY Steffy Bogdanova

LiquidityBook’s revenue and client growth results for 2019

LiquidityBook reported yesterday record growth for sales and clients in 2019. LiquidityBook is a New York based fintech firm that provides Software-as-a-Service (SaaS) for buy- and sell-side trading solutions. The company attributes its record gains and accomplishments to the increasing interest of investment managers in its portfolio, order and execution management systems (POEMS) platform. The…

Match-Trade launches a Partnership Program

January 20, 2020 BY Mariela Naydenova

Visa to acquire Plaid Inc. for $5.3 billion

Visa has just announced on Monday, January 20, that is has agreed to acquire Plaid. Inc, a fintech privately held startup for $5.3 billion, as reported by local news outlets. Through the acquisition, Visa will have greater access to the ever-expanding fintech space, a fact that has increased competition and the M&A activity in the…

January 13, 2020 BY Valentina Kirilova

FinTech company TigerWit receives Hong Kong SFC licence

UK-headquartered global fintech firm TigerWit has announced today that it has been accredited with a Financial Services licence from Hong Kong’s Securities and Futures Commission. Financial innovation in Asia and demand for access to financial markets is growing rapidly and Hong Kong is a major global financial hub. Tim Hughes, CEO at TigerWit commented on the…

January 13, 2020 BY Mariela Naydenova

Exclusive interview: The funds industry - Emilio Munoz, Director of Fortage Funds, speaks

LeapRate Exclusive… Emilio Munoz is the Director and Chairman of the Board at Fortage Funds, a Luxembourg-based investment funds umbrella-platform, distinguished by an open architecture approach, that provides service to HNIs, institutions, intermediaries, and emerging managers stepping into the alternative funds industry. Emilio started his career ten years ago in asset management in the United States at…

ATFX teams up with major payment providers for LATAM and the Middle East

January 10, 2020 BY Valentina Kirilova

LHV Bank to provide FinTechs with access to instant pound and euro payments

LHV, the fintech focused bank and payment services provider, has just announced that it has commenced providing real-time pound payments via the UK’s Faster Payments scheme. The bank is now providing real time euro payments via Single Euro Payment Area Instant (SEPA Instant) and processing pound (Faster Payments) payments. The pound payments service has been…

Tag: fintech