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Nasdaq poised to launch FX trading platform: top executive

August 26th, 2015 (0)
Nasdaq (NDAQ.O) is poised to launch a platform for foreign exchange trading which it says would make the $5 trillion-a-day global market more transparent and would diversify its own business, a top executive from the stock market operator said. ...

OptionsCity to Provide Settlement Price Solution for Nasdaq Futures, Inc.

August 26th, 2015 (0)
OptionsCity Software, a global provider of futures and options trading and analytics solutions, has been selected by Nasdaq to provide a settlement price solution for derivatives contracts traded on Nasdaq Futures, Inc. (NFX). “This initiative is aligned with the ...

China shares rise amid sharp volatility

August 26th, 2015 (0)
Chinese shares were up amid volatile trade as traders gauge the effect of a fresh rate cut by the central bank. The mainland’s benchmark Shanghai Composite was 3.1% higher at 3,054.97, recovering from early morning losses. The index had ...

MOEX: SPECTRA system update to v4.5

August 25th, 2015 (0)
Moscow Exchange would like to inform you that SPECTRA trading system version 4.5 is scheduled to roll on production for 31 August 2015. On 29 August 2015 the production version of SPECTRA trading system will be available for functional testing by Trading Participants. ...

Bitcoin 2.0: What do banks want from blockchains?

August 25th, 2015 (0)
Most financial institutions are currently in stealth mode, trying to wrap their heads around some version or other of a blockchain, the shared ledger system made famous by Bitcoin. But banks don’t want decentralisation or anonymity or open access. ...

China Cuts Interest Rates for Fifth Time in Bid to Stem Rout

August 25th, 2015 (0)
China cut interest rates for the fifth time since November and lowered the amount of cash banks must set aside, falling back on its major levers to stem the biggest stock market rout since 1996 and a deepening economic ...

CQG Connects to ASX 24 ITCH™

August 25th, 2015 (0)
Provides ultra-low latency access to Australian futures and options markets CQG today announced direct market access to ASX 24 ITCH™, the Australian Securities Exchange’s (ASX’s) premium ultra-low latency protocol for accessing ASX 24 markets, which include interest rate futures ...

Global tech IPO market surges 57% in second quarter

August 25th, 2015 (0)
The global technology IPO market continued to exhibit its strength in the second quarter, with 36 IPOs and total proceeds of US$6.2 billion, according to PwC’s Global Technology IPO Review​. The number of offerings marked a 57% increase over the ...

Baker & McKenzie announces global revenues of $2.43 billion

August 25th, 2015 (0)
Revenues up 2.2% Total productivity hits an all time high – up 5% Record number of partner promotions  – over 40% are women Good growth expected in Fiscal Year 2016 Baker & McKenzie, the world’s premier global law firm, ...

Markit to acquire DealHub

August 25th, 2015 (0)
Expands services and customer base in $5 trillion global FX market Markit (Nasdaq: MRKT), a leading global provider of financial information services, today announced that it has agreed to acquire DealHub, a leading provider of trade processing and trading ...
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