ECC Introduces Direct Clearing Participant Membership For Spot Markets
- 8 years 4 months ago
- Trading Systems
European Commodity Clearing AG (ECC) has introduced a new membership model - the Direct Clearing Participant Model (DCPM). The new model will allow trading participants to have direct access to trading and clearing of spot markets without the requirement of a clearing member which enables a greater number of players, in particular the smaller participants, access to wholesale spot markets and further increasing depth of liquidity.
Moscow Exchange To Boost Derivatives Market Liquidity Support Programme
- 8 years 4 months ago
- Derivatives and OTC Derivatives, Liquidity
Moscow Exchange is making changes to the liquidity support programme for its Derivatives Market from 1 September 2016 by adding options on Brent crude futures. This year has seen record levels of trading activity in commodity derivatives. Average daily trading in options on Brent crude futures has soared 58-fold year-on-year to 13 thousand contracts, with the number of active clients increasing ten times over.
Oval Partners Acquires Laser Options
- 8 years 4 months ago
- M&A Deals
Oval Partners, a San Francisco based private equity firm, announced today the acquisition of Phoenix based Laser Options Inc. Laser Options is a business technology organization specializing in managed print services with a 23 year history of delivering exceptional customer service. They maintain a full line of copiers, printers, and document management solutions providing support and services to companies based in the Southwest marketplace.
Bursa Malaysia Releases World’s First Comprehensive End-To-End Shariah Investing Platform With Bursa Malaysia-I
- 8 years 4 months ago
- Investment Management
Bursa Malaysia Berhad (“Bursa Malaysia”) today launched Bursa Malaysia-i delivering the world’s first end-to-end integrated Islamic securities exchange platform that offers investors the choice to invest and trade Shariah-compliant products via a Shariah-compliant platform. Bursa Malaysia-i incorporates the full range of Shariah-compliant exchange-related services including listing, trading, clearing, settlement and depository services, to...
The Middle East Banking Innovation Summit Kicks Off
- 8 years 4 months ago
- Banking, IT Innovations
The Middle East Banking Innovation Summit with IBM as Lead Sponsor has brought together some of the biggest names in banking and technology under one roof to discuss the banking technology roadmap in the Middle East. The summit held at Palazzo Versace witnessed over 450 senior delegates in attendance from the leading banks in the Middle East region and across the globe.
Silverfinch Hosts Inaugural PRIIPs event
- 8 years 4 months ago
- Compliance, Regulatory Standards
Silverfinch, the leading look-through and data distribution utility for client regulatory reporting, is hosting an inaugural dedicated PRIIPs event in order to explore and discuss the regulatory landscape and industry preparation. The event, which takes place on Tuesday 13th September at Gibson Hall in the City of London, will include panel debates with leading industry figures including The Investment Association, the ABI, EY and Club Ampere.
Duo Security Honored in The Cloud 100
- 8 years 4 months ago
- Cloud, Security
Duo Security, a cloud-based trusted access provider protecting the world's largest and fastest-growing companies, has been named to The Cloud 100, the top 100 private cloud companies in the world, published by Forbes.
Aquila Capital Welcomes Daniel Just to its Advisory Board
- 8 years 4 months ago
- People Moves
Aquila Capital is expanding its advisory board with the appointment of Daniel Just, chairman of the executive board at Bayerische Versorgungskammer (BVK), Germany’s largest public pension fund. Mr. Just has chaired the executive board at BVK since 2013 and previously headed BVK’s asset management division. Under his tenure the pension fund established real asset investments as an integral part of its portfolio allocation and was one of the first...
Kashcoin Unveils its Music Industry Focused Cryptocurrency
- 8 years 4 months ago
- Blockchain
Kashcoin is announcing the launch of their Music industry focused cryptocurrency. The currency will be available for trading on multiple cryptocurrency exchanges starting this week.
BME and BBV Start Up The Bolivia Stock Exchange´S Trading Platform
- 8 years 4 months ago
- Trading Systems
Bolsa Boliviana de Valores (BBV) and BME have started up a new trading platform for the Latin American venue as part of the market’s upgrade. The new IT system, called SMART BBV, was designed and developed by BME and supports several markets operated by the Group, including equities and fixed income. The start-up of SMART BBV helps the Bolivian stock market move forward with the technological and functional upgrade of its markets for financial...
UnionPay Credit Cards Accepted by Over 80% of Merchants in the US
- 8 years 4 months ago
- Payments
It is learnt on September 1 that almost all the ATMs in the US accept UnionPay cards for cash withdrawal and over 80% of the local merchants accept UnionPay credit cards. In tourists' favorite destinations likeNew York, Hawaii, San Francisco, Los Angeles, Orlando and Chicago, UnionPay's acceptance coverage in well-known shopping centers and Outlets has exceeded 90%. With one UnionPay debit card and one UnionPay credit card (card numbers both...
Avelacom Unveils New Point of Presence in DataSpace Data Center Bringing Faster Access to Russia’s Securities and FX Markets
- 8 years 4 months ago
- Trading Systems
Avelacom, a global network operator, has established a new point of presence (PoP) in DataSpace facilities to be in close proximity to Moscow Exchange (MoEx) and to optimize its customers’ access to the exchange’s electronic systems. DataSpace, Russia’s first Uptime Institute certified Tier III Gold data center, is recognized for its peerless level of security, reliability and operational excellence, will begin serving as a primary data center...
WEX Enters into Agreement with Ypsilon.Net AG
- 8 years 4 months ago
- Payments
WEX, a leading provider of corporate payment solutions, has today announced that they have entered into an international agreement with Ypsilon.Net AG, a global provider of internet travel technology and payment solutions for airlines, consolidators, travel portals and travel agencies. With the agreement in place, WEX is expanding its presence within the travel payment space in Germany.
Wells Fargo Partners with Los Angeles Rams as “Community Player of the Week” Official Sponsor
- 8 years 5 months ago
- Payments
Wells Fargo announced today a sponsorship with the Los Angeles Rams in support of their inaugural season back home in Southern California. Reflecting Wells Fargo’s ongoing commitment to community support and caring for Greater Los Angeles, the primary focus will be to sponsor the “Community Player of the Week” program in which a Rams player and a Wells Fargo team member will be recognized for their excellence in community service.
Command Center Names Colette Pieper as Chief Financial Officer
- 8 years 5 months ago
- People Moves
Command Center, Inc., a national provider of on-demand and temporary staffing solutions, has appointed Colette Pieper to the position of chief financial officer, effective today. She replaces Jeff Wilson, whose tenure as CFO ended on September 1 with the expiration of his employment contract. Pieper brings 36 years of financial accounting, treasury management, tax compliance and financial management experience to Command Center, including 13...
