Red Deer and Cappitech are partnering to offer a combined MiFID II and MAR compliance solution for investment managers. Under the partnership, the two businesses will offer the other’s services to their respective client bases, with a view to providing a seamless integrated solution that helps compliance teams manage the complexities of the regulations.
Clearpool, a provider of e-trading solutions supporting algo trading and an independent agency broker-dealer, has announced that it is to be acquired by BMO Financial Group. The transaction is subject to receipt of required regulatory approval and is currently expected to close in the second quarter.
Digital Vega, the leading FX Options e-trading platform and provider of FX Options trading solutions, has appointed Rob Wemyss as a Non Executive Director and Head of Business Development, to support its ongoing product development and global expansion strategy.
Statistics released by FIA show that trading activity in exchange-traded derivatives markets rose by 13.7% in 2019 to reach a record of 34.47 billion contracts. Futures volume rose 12% to 19.24 billion contracts, while options volume rose 16% to 15.23 billion contracts.
CipherTrace has joined the NICE Actimize X-Sight Marketplace, the financial crime and compliance ecosystem, which connects financial firms with data, applications, tools and service providers.
Greenwich Associates has released its 2019 Leaders in European Fixed Income report. J.P. Morgan tops the list based on market share. Citi is second, followed by Barclays and Goldman Sachs. Fifth place is shared by HSBC, BNP Paribas and BofA Securities.
CloudMargin, creator of the world’s first and only collateral and margin management solution native to the cloud, today announced the promotion of Armando Hernandez to the newly established role of Executive Director, Head of North America for the London-based global firm.