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Acadia, the leading industry provider of integrated risk management services for the derivatives community, and Capitolis, the leading SaaS platform that drives financial resource optimization for capital markets, today announced the launch of SA-CCR Optimization. SA-CCR Optimization will bring considerable cost savings to firms subject to the Standard Approach to Counterparty Credit Risk (SA-CCR) regulations,…

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Global digital payments innovator Zip Co Limited (ASX:Z1P), formerly operating in the U.S. as Quadpay, today announced the appointment of Levi Aron as its chief growth officer for the U.S. market. The appointment is effective immediately. With over 20 years of experience in senior and executive roles, Mr Aron brings stalwart people-first leadership and a…

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Chicago-based futures brokerage and clearing firm R.J. O’Brien & Associates today announced that Mark Phelps, Group Chief Executive Officer of G.H. Financials, will soon assume the role of Managing Director, EMEA for its London-based affiliate, R.J. O’Brien Limited (RJO Limited). Mr Phelps is a nearly 25-year veteran of the futures markets in Europe and globally….

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Online gaming tech and financial services firm Playtech plc (LON:PTEC) has announced that the UK’s Takeover Panel has given JKO Play Limited until 5:00pm on January 5, 2022, to either announce a firm intention to make an offer for Playtech, or announce that it does not intend to make an offer for Playtech. The Panel…

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FNG Exclusive… Following our exclusive report from November 22 that Natallia Hunik, Global Head of Sales and Chief Revenue Officer of FX direct market access provider Advanced Markets, had resigned from the company (and was leaving the “FX industry”), FNG has learned that Natallia is now joining CubeLogic as Chief Revenue Officer (CRO). She will…

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The United States Commodity Futures Trading Commission (CFTC) has opposed the arguments raised by former Deutsche Bank traders James Vorley and Cedric Chanu, who are accused of spoofing. The regulator has submitted its opposition to the defendants’ motion to dismiss at the Illinois Northern District Court on December 6, 2021. The CFTC argues that the…

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Online broker eToro has reduced the minimum trade size for stocks, crypto and ETFs to $10. The company explains that the change aims to make its investment platform more accessible and user-friendly. eToro also prides itself on listening to its community and implementing requested changes wherever possible. One frequent request it received from its clients…

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The UK Financial Conduct Authority (FCA) today unveiled plans for a new Consumer Duty in order to see a higher level of consumer protection in retail financial markets. The regulator is aware of a range of good practice by firms in retail sectors with firms innovating to meet the needs of consumers. However, it also…

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Digital infrastructure provider Equinix, Inc. (NASDAQ:EQIX) today announced its expansion into Africa through its intended acquisition of MainOne, a leading West African data center and connectivity solutions provider, with presence in Nigeria, Ghana and Côte d’Ivoire. The acquisition is expected to close Q1 of 2022, subject to the satisfaction of customary closing conditions including the…

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Clearstream, Deutsche Börse’s post-trade services provider, today announced the launch of a new sustainability service for fund distributors, in collaboration with Clarity AI. Going forward, fund distributor clients of Clearstream Fund Centre can get detailed insight into sustainability characteristics of investment funds via the Fund Compass application. The new service has three main features: Filtering…

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