Markets

Fiserv completes acquisition of Monitise plc

Institutional September 1, 2017 —by Valentina Kirilova  0 Fiserv, Inc. (NASDAQ:FISV), a world supplier of economic providers know-how options, at the moment introduced the completion of its acquisition of Monitise plc (LON:MONI), additional increasing its digital know-how suite to allow monetary establishments worldwide to fulfill buyer expectations for modern digital banking experiences. Two months in the past Fiserv shared it has reached settlement on the phrases of a advisable money

GTX sees report FX buying and selling volumes in August 2017 at $357 billion, $15.5B ADV

Institutional September 1, 2017 —by LeapRate Employees  0 GTX, the institutional FX arm of retail foreign exchange dealer Acquire Capital Holdings Inc (NYSE:GCAP), has reported report buying and selling volumes through the month of August – fairly a shock given the often quiet nature of summer time foreign money buying and selling within the institutional world. GTX reported complete buying and selling volumes of $357.three billion in August or $15.5

Hotspot FX August 2017 foreign exchange volumes flat at $27.1 billion ADV

Institutional September 1, 2017 —by LeapRate Employees  0 Starting our peek into August 2017 buying and selling volumes at main eFX buying and selling platforms, information from institutional Foreign exchange ECN Hotspot FX signifies that August buying and selling volumes had been equal to these of July clocking in at $27.1 billion common every day quantity for the month. Related in sample to June and July, exercise did appear to be

TechFinancials releases difficult first half 2017 outcomes

Institutional September 1, 2017 —by Valentina Kirilova  0 Binary choices platform and brokerage group TechFinancials Inc (LON:TECH) has introduced its unaudited interim outcomes for the six month interval ended 30 June 2017 (H1 2017). Monetary Overview: Group Revenues of US$ 6.97m (H1 2016: US$ 9.86m) Core software program licencing revenues on standalone foundation totalled US$ three.58m (H1 2016: US$5.82m) The buying and selling platform revenues totalled US$ three.77m (H1 2016:

Paysafe gives new fee choices for DraftKings in Europe

Payments September 1, 2017 —by Valentina Kirilova  0 Funds companies firm Paysafe Group Plc (LON:PAYS) introduced that has furthered its partnership with DraftKings, a world day by day fantasy sports activities (DFS) platform, by offering them the power to broaden their fee strategies in Europe via Skrill Fast Checkout. Paysafe’s Skrill Fast Checkout platform gives clients with entry to a variety of fee strategies in a single interface, together with

SEC expenses former pharma firm accountant and three others with insider buying and selling

Regulation September 1, 2017 —by Valentina Kirilova  0 The Securities and Trade Fee (SEC) introduced that has charged an accountant and three others with insider buying and selling on market-moving information concerning the New Jersey-based pharmaceutical firm the place the accountant previously labored. The SEC’s grievance, filed in federal courtroom in New Jersey, alleges that Evan R. Kita, a CPA and former accountant at Celator Prescription drugs Inc., tipped two

OSC publicizes Funding Funds Product Advisory committee members

Executives September 1, 2017 —by Valentina Kirilova  0 The Ontario Securities Fee (OSC) has introduced right now the members of the Funding Funds Merchandise Advisory Committee (IFPAC) for the 2017-2019 time period. The IFPAC advises OSC workers on product developments and improvements within the funding funds and structured merchandise trade, and supplies suggestions on coverage and rule-making initiatives. The Committee sometimes meets 4 occasions a 12 months with members collaborating

Russia’s Lukoil to promote its Geneva-based oil-trading enterprise

Institutional September 1, 2017 —by Valentina Kirilova  0 Lukoil PJSC introduced that’s contemplating promoting its Geneva-based advertising and buying and selling enterprise, a transfer that might mark a major pull again within the worldwide presence of Russia’s second-largest oil firm. In accordance with Reuters, Lukoil is contemplating promoting its Swiss unit Litasco as a result of new U.S. sanctions on Russia will make it tougher for the Geneva-based vitality dealer

FastMatch August FX buying and selling volumes down 10% MoM to $16.2 billion ADV

Institutional September 1, 2017 —by LeapRate Employees  0 Main off our experiences of FX buying and selling volumes for August by main Retail and Institutional eFX platforms, Foreign exchange ECN FastMatch information exhibits a 10% drop in exercise from July volumes – marking the third consecutive month of volumes declines at FastMatch. FX buying and selling volumes at FastMatch averaged $16.2 billion each day in August, as in comparison with

SFC points restriction notices to a few brokers to freeze shopper accounts

Regulation August 30, 2017 —by Valentina Kirilova  0 The Hong Kong Securities and Futures Fee (SFC) introduced that has issued restriction notices to Caitong Worldwide Securities Co., Ltd, Pacific Basis Securities Restricted and Yuanta Securities (Hong Kong) Firm Restricted (the brokers), prohibiting them from coping with or processing sure property held in shopper accounts that are associated to suspected market manipulation within the shares of GME Group Holdings Restricted on