forex
FX Industry Welcomes New Global Dispute Resolution Committee: Financial Commission
Tuesday, 09/07/2013 | 12:04 GMT by
FMAdmin Someone
You’re Nicked Mate! Australian Regulator Shuts Down Apex Derivatives And Liquidates Its Assets
- Sydney-based OTC derivatives and FX firm Apex Derivatives has today been wound up by Australian regulator ASIC for falsely purporting to be ASIC regulated, and for continuing business whilst insolvent.
Tuesday, 09/07/2013 | 07:21 GMT by
Andrew Saks McLeod
NFA Responds To Two Complaints And Hits Interactive Brokers With $300,000 Penalty
- Following two complaints that Interactive Brokers was allegedly not exercising correct procedures relating to client funds, and using unregistered introducing brokers, the NFA yesterday issued the firm with a $300,000 fine.
Tuesday, 09/07/2013 | 06:52 GMT by
Andrew Saks McLeod
Hong Kong Monetary Authority Releases Foreign Currency Reserves for June 2013
- Each month, Hong Kong's financial markets regulator lists the amount of FX reserve assets held within the nation's financial system. Nation has held over US$300 billion consistently over last 6 months.
Sunday, 07/07/2013 | 09:15 GMT by
Andrew Saks McLeod
Executive Interview: Daniel Abrahams Elaborates On Institutional FX, Bitcoins and Entrepreneurship
- In this week's executive interview, co-founder of MyCurrencyTransfer.com Daniel Abrahams discusses the firm's foray into institutional FX, the firm's establishment in Tel Aviv and the future of virtual currency.
Friday, 05/07/2013 | 07:21 GMT by
Andrew Saks McLeod
Ariel View Of The Boardroom - British Financial Markets Software Firm Readies Itself For Rebranding And Makes Senior Level Appointments
- British software firm Ariel Communications prepares itself for a rebranding and repositioning exercise, recruits new senior executives and appoints non-executive board member in readiness for corporate expansion.
Thursday, 04/07/2013 | 15:49 GMT by
Andrew Saks McLeod
Life After MetaQuotes - Tradency Integrates Mirror Trader With X Open Hub's Back Office and Trading Engine
- Copy trading solution provider Tradency today announced that it has formed an agreement with X Financial Solutions in order to integrate the Mirror Trader product into X Open Hub's back office and trading engine.
Thursday, 04/07/2013 | 11:36 GMT by
Andrew Saks McLeod
Institutional STP Firm Tradeweb Markets Aligns Itself with SEF Ruling - Files Application With CFTC
- US institutional firm Tradeweb Markets today submitted its application to the CFTC for the purpose of registering as a swap execution facility in accordance with the proposed Dodd-Frank Act rulings.
Thursday, 04/07/2013 | 10:21 GMT by
Andrew Saks McLeod
ICAP Volumes Continue To Climb - June ADVs Up 8% M-o-M Further Demonstrating Strong Performance This Year
- Another healthy month for British interdealer broker ICAP, demonstrating an 8% increase in volume figures compared with the previous month across the business, with a 2% growth in spot FX volumes.
Wednesday, 03/07/2013 | 10:43 GMT by
Andrew Saks McLeod
Ambiguity Reigns Supreme: CFTC Removes FX Asset Class From ICE Trade Vault Before Final Reporting Rulings Set
- Ahead of final rulings on trade reporting, US regulatory authority CFTC has approved an order to remove the foreign exchange asset class from the ICE Trade Vault after having granted registration last year.
Wednesday, 03/07/2013 | 08:06 GMT by
Andrew Saks McLeod
Western Union, Eastern Direction: Payments Firm Adopts FENICS System To Extend Range Of FX Products To European Clients
- Western Union Business Solutions has today entered into an alliance with US risk management and STP component provider FENICS Software in order to further develop its range of FX products and services in Europe.
Tuesday, 02/07/2013 | 12:25 GMT by
Andrew Saks McLeod
Madison Dean Inc. Served Second Order in Two Years By CFTC For FX Fraud
- New York FX CEO Laurence Dodge has been served an order to pay restitution of almost $250,000 to customers and a further civil monetary penalty for fraudulently soliciting clients to invest in managed FX accounts.
Monday, 01/07/2013 | 16:51 GMT by
Andrew Saks McLeod
New Zealand’s Financial Markets Authority Releases Annual Investigations And Enforcements Report
- As part of a program of strengthening New Zealand's regulatory structure, the FMA, the country's national regulator, has released its annual report on investigations which it carried out within a 12 month period.
Monday, 01/07/2013 | 13:22 GMT by
Andrew Saks McLeod
ICAP Appoints Ex-S&P Dow Jones Executive as Global Head of Indices
- As the latest upward step in his 18 year career in financial services, Jan de Smedt today assumes his new role as Global Head of Indices at ICAP following a 7 year tenure at S&P Dow Jones Indices.
Monday, 01/07/2013 | 07:27 GMT by
Andrew Saks McLeod
The Dodd-Frank Debate - Senior Industry Executives Debate Responsibilities On Trade Reporting During London Discussion Panel
- Senior FX and technology executives gathered on Thursday to debate the forthcoming challenges associated with introducing compliant trade reporting solutions in the advent of the Dodd-Frank Act.
Sunday, 30/06/2013 | 09:54 GMT by
Andrew Saks McLeod
CFTC Files Case Against Ex-MF Global CEO: Orders Firm To Pay $100 Million Penalty
- The CFTC today filed an order against ex-CEO of bankrupt firm MF Global for misappropriation and unlawful use of almost $1 billion of customer funds. If approved by the District Court, a $100 million penalty will apply.
Thursday, 27/06/2013 | 19:14 GMT by
Andrew Saks McLeod
LiveSquawk Reports 37% Increase In Retail FX Sign-Ups Following Launch Of Market Chartist
- In an exclusive interview with Forex Magnates, Harry Daniels, CEO of news analytics and technical analysis firm LiveSquawk confirmed that the firm has experienced a 37% increase in retail-signups since launching Market Chartist in January.
Thursday, 27/06/2013 | 12:13 GMT by
Andrew Saks McLeod
FxPro Partners with BeeksFX To Reduce Trade Execution Time As Race To Zero Goes Retail
- Gordon McArthur, CEO of BeeksFX today announced to Forex Magnates that the firm has entered a strategic partnership with FxPro Financial Services in order to provide low latency to the firm's retail FX traders.
Thursday, 27/06/2013 | 11:10 GMT by
Andrew Saks McLeod
Cypriot Regulator CySEC Grants Four CIF Licenses To New Arrivals In Cyprus
- Cypriot law firm MAP S. Platis has today confirmed that four FX firms have been granted CIF licenses by Cypriot regulator CySEC, further alluding to the island's attractiveness to firms wishing to enter the European market.
Wednesday, 26/06/2013 | 10:06 GMT by
Andrew Saks McLeod
Silicon Valley or Microwave Valley? Exalt Technologies Embarks On Development Project Aimed At Ultra Low Latency for HFT
- As the race between infrastructure provider gets even more competitive, Exalt Technologies announced today that it is developing a microwave-based connectivity solution aimed at reducing round-trip latency for HFT.
Tuesday, 25/06/2013 | 07:56 GMT by
Andrew Saks McLeod
Forex Magnates Appoints Ex-Leverate Executive Mariano Obludzyner as Director of Sales
- Expansion whilst maintaining a focus on quality is a current dynamic at Forex Magnates, as company CEO Michael Greenberg extends his welcome to the firm's new Director of Sales Mariano Obludzyner today.
Monday, 24/06/2013 | 15:28 GMT by
FMAdmin Someone
Expansion On The Agenda - Fair Trading Technology Recruits CHRO To Select Talent To Move The Firm Forward
- As the retail forex sector evolves, technology providers look to expand their scope. Fair Trading Technology is no exception and plans a recruitment drive headed by newly appointed CHRO Lisa Bogden.
Monday, 24/06/2013 | 14:22 GMT by
Andrew Saks McLeod
LQD Markets Required to Pay €80,000 by CySEC; Comes To Mutually Agreeable Settlement
- Cypriot regulator CySEC has today entered into a settlement with LQD Markets following the company's exclusive announcement to Forex Magnates regarding CySEC's issue of an €80,000 fine as rules tighten.
Monday, 24/06/2013 | 09:47 GMT by
Andrew Saks McLeod
CySEC Bares Its Teeth: Trading Point Fined €5,000 For Infringement of Client Funds Regulations
- Cypriot regulator CySEC today demonstrated its commitment to monitoring of the administrative and compliance procedures of brokers in its jurisdiction by imposing a €5,000 administrative penalty on Trading Point.
Friday, 21/06/2013 | 15:29 GMT by
Andrew Saks McLeod
Hong Kong Regulator Calls For Greater Transparency - HKMA To Implement Trade Reporting Structure in July
- Following the lead taken by the CFTC in US, Hong Kong's HKMA has developed a set of rules for the reporting of all OTC derivatives trades via an electronic system, with FX NDFs being in the frame.
Thursday, 20/06/2013 | 10:22 GMT by
Andrew Saks McLeod
!"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}