Spotware Systems has announced that they have completed integration of cTrader Web and Trading Central. Up to now, the Trading Central feature which was released in January 2016 was only available to cTrader Desktop users. Spotware have extended the integration with Trading Central and now it becomes available to users of cTrader Web as well.…
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The Financial Conduct Authority (FCA) informed that it has imposed on Paul Walter, a former Bank of America Merrill Lynch International Limited (BAML) bond trader, a financial penalty of £60,090 for engaging in market abuse. Following an investigation, the FCA found that Mr Walter, an experienced trader, engaged in market abuse by creating a false…
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The World Federation of Exchanges (WFE), which represents more than 200 market infrastructure providers including exchanges and CCPs, has today published a position paper discussing the implications of international regulatory dissonance, supported by a series of policy recommendations to promote better regulatory coherence. Despite efforts to coordinate post-crisis financial regulatory reforms at the G20 level,…
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London Stock Exchange Group (LSEG) announced that it today welcomes 21 new international companies to its successful global business support and capital raising ecosystem, ELITE. This brings the total number of companies in the ELITE community to over 680. Luca Peyrano, CEO, ELITE, welcomed the new ELITE CEOs alongside Ernesto Somma, Professor and Chief of…
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Finally acting somewhat like a company which has filed for a Chapter 11 reorganization, shares of Global Brokerage Inc (NASDAQ:GLBR) slipped by 10% on Tuesday closing at an all time low of 95 cents. GLBR shares are now down 27% from when the Chapter 11 plan was released a week and a half ago. We'd…
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Ethereum-based hedge fund innovator Melonport AG has announced that Todd Ruppert, the former CEO of T. Rowe Price Global Investment Services, will be joining the organization as an advisor and serving as a council foundation member for the newly created Melon Foundation, announced last week at the first annual M-0 conference. Ruppert, a 40 year veteran…
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Thomson Reuters (NYSE:TRI) has introduced APA Connectivity, an efficient and customizable solution for the financial services industry to comply with trade reporting requirements for Approved Publisher Arrangements (APAs) under MiFID II, set to be implemented on January 3, 2018. MiFID II regulations require financial companies to publish pre- and post-trade data to at least one…
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STOXX Ltd., the operator of Deutsche Boerse Group’s index business, and a global provider of innovative and tradable index concepts, announced that it is expanding its footprint in the Asia-Pacific region as smart beta strategies are gaining the interest of Asian investors. A passive index fund – with the iSTOXX MUTB Asia/Pacific Quality Dividend 100…
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UK financial regulator Financial Conduct Authority (FCA) has issued its latest warning against an unregulated financial services provider targeting UK consumers. The FCA’s latest warning is against the fake regulator Federal Financial Regulatory Board. Federal Financial Regulatory Board is not authorised by the FCA but has been targeting people in the UK and is also…
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On 14 November 2017, the Supreme Court appointed Anthony Castley of William Buck as receiver and manager over the assets of DanFX Trade Pty Ltd, Daniel Farook Ali and associated entities. Freezing orders were also made restraining the disposal of any property (including money and securities) by Mr Ali, DanFX Trade, DanFX Investments Holdings Pty…
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