News Centre

INTL FCStone Ltd.'s Global Payments Division Issues Operational Update; Growth Continues Through First Quarter Calendar Year 2016

Date 14/06/2016

• Facilitated ~101,000 payments in CY Q1 2016; an increase of ~14% vs. CY Q1 2015
• Signed 500th institutional client in CY Q2 2016
• Transferred more than $22 billion in payments in CY 2015; on track to increase in 2016

Broadridge Broadens Its Securities Financing And Collateral Management Solutions Through Acquisition Of 4sight Financial Software Limited - Transaction Accelerates Broadridge’s Front-To-Back Office Securities Financing Footprint Globally

Date 14/06/2016

Broadridge Financial Solutions, Inc. (NYSE:BR) today announced that it has expanded its global securities financing and collateral management capabilities through the acquisition of 4sight Financial Software Limited, a leading provider of securities finance and collateral management systems to financial institutions worldwide. 4sight will be integrated as part of Broadridge Securities Financing and Collateral Management solutions, helping clients optimize financing decisions across different asset categories, automate the securities financing lifecycle and control risk. 

Testimony On “Oversight Of The U.S. Securities And Exchange Commission”, SEC Chair Mary Jo White Before The Committee On Banking, Housing, And Urban Affairs, United States Senate, June 14, 2016

Date 14/06/2016

Thank you for inviting me to testify today regarding the current work and initiatives of the U.S. Securities and Exchange Commission (SEC or Commission). The SEC is a critical agency that serves as the bulwark safeguarding millions of investors and the most vibrant markets in the world.  Thanks to the exceptional work and commitment of our superb staff, the Commission has in recent years strengthened its operations and programs across the agency –aggressively enforcing the securities laws to punish wrongdoers, adopting strong measures that protect investors and our markets, and investing in the people and technology required to ensure that our markets remain the strongest and safest in the world.  These and other efforts across our extensive areas of responsibility are all in furtherance of our essential mission: to protect investors; to maintain fair, orderly, and efficient markets; and to facilitate capital formation.

Quantitative Brokers Algorithm Saves CTA $9.5M In Transaction Costs Over 3-Year Period - According To Comparative Analysis, QB Algo Handily Beat Three Bulge Bracket Bank Algos

Date 14/06/2016

Quantitative Brokers (“QB”), a leading provider of agency algorithms for futures and fixed income markets, has released the findings from a 34-month comparative analysis study by a CTA client. The report showed that QB’s arrival price algorithm, Bolt, consistently outperformed the algorithms offered by three bulge bracket banks.

All Speedbumps Are Not Created Fair Or Equal, Warns TABB Group - New Research Discusses Whether Speedbump Markets Are A Viable Market Model Or A Passing Trend

Date 14/06/2016

Speedbumps are implemented to benefit liquidity providers by slowing down marketable orders to reduce the adverse selection risk of posting liquidity, as well as to dissuade fast traders who want to quickly post and cancel orders. To fully understand speedbumps, which have provoked tremendous debate, TABB Group believes you have to first understand speed, which is used primarily for capturing opportunity and managing risk.

TMX Equity Transfer Services Changes Name To TSX Trust

Date 14/06/2016

TMX Equity Transfer Services today announced it has changed its name to TSX Trust. TSX Trust provides transfer agency and corporate trust services to public and private companies and investors as well as the advisory community in Canada and around the world.

SAP And AxiomSL Partner To Provide Next Generation Financial Risk And Regulatory Data Management Infrastructure

Date 14/06/2016

SAP, a market leader in enterprise application software and AxiomSL, the global leader in regulatory reporting and risk management solutions, today announced the launch of a new high performance solution designed to improve data management infrastructure, enabling financial institutions to comply with global regulatory and risk reporting requirements, risk data aggregation and reporting (BCBS 239) and other financial and accounting standards. 

KU Leuven, Imperial College London And The University Of Cambridge Lead The Inaugural Reuters Top 100: Europe’s Most Innovative Universities Ranking Launched Today

Date 14/06/2016

The Reuters Top 100 aims to identify which institutions contribute the most to science and technology, and have the greatest impact on the global economy. The ranking uses proprietary data and analysis tools from the Intellectual Property & Science division of Thomson Reuters to examine a series of patent and research-related metrics, and get to the essence of what it means to be truly innovative.

Bats Hotspot To Launch Outright Forwards For FX Market - Initiative Launch Planned For The Fall Of 2016

Date 14/06/2016

Bats Hotspot today announced plans to offer global trading of outright deliverable forwards contracts, with a launch planned for fall 2016.

CME Group's Terry Duffy To Testify At House Agriculture Subcommittee Hearing On Impact Of G-20 Clearing & Trading Execution Requirements

Date 14/06/2016

CME Group Executive Chairman and President Terry Duffy will appear before a hearing of the U.S. House Agriculture Committee's Subcommittee on Commodity Exchanges, Energy & Credit today to testify about the global implementation of G-20 Clearing and Trading Execution Requirements and their impact on derivatives markets.