CFTC offices
June 14, 2017 BY Valentina Kirilova

CFTC appoints Erica Elliott Richardson as Director of the Office of Public Affairs

Steven W. Adamske Departs after Six Years as Office of Public Affairs Director U.S. Commodity Futures Trading Commission (CFTC) Acting Chairman J. Christopher Giancarlo announced the appointment of Erica Elliott Richardson to serve as Director of the Office of Public Affairs (OPA), effective immediately. Richardson served as the Communications Director to Majority Leader Kevin McCarthy…

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SFC fines
June 14, 2017 BY LeapRate Staff

North American Asset Management LLC and owners Alexi Bethel and Steven Labadie banned and fined for illegal transactions

The U.S. Commodity Futures Trading Commission (CFTC) has announced that Judge Jose E. Martinez of the U.S. District Court for the Southern District of Florida entered a Consent Order against North American Asset Management, LLC (NAAM) of Fort Lauderdale, Florida, its owner and president Alexi Bethel of Miami, Florida, and its owner and managing director…

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FXCM FX trading volumes
June 14, 2017 BY LeapRate Staff

FXCM FX trading volumes up 21% MoM in May 2017

Retail forex broker FXCM Group LLC has announced that its trading volumes rose by 21% during May, to $213 billion. The monthly results were helped by having 23 trading days during May, versus just 20 in April, but on a daily average basis volumes were still up 6% in May. The rise in volumes at…

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LMAX Exchange trading floor
June 13, 2017 BY LeapRate Staff

LMAX Exchange expands US FX capabilities, adding Matt DellaRocca from Bloomberg Tradebook as Liquidity Manager

LMAX Exchange, the FCA regulated MTF for FX, has announced the appointment of Matt DellaRocca to the newly created position of Liquidity Manager for the Americas. Matt will be responsible for the real-time management, monitoring and analysis of all LMAX Exchange liquidity in the US. Matt DellaRocca joins LMAX Exchange from Bloomberg Tradebook, where he…

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IOSCO issues statement on liquidity risk management recommendations for investment funds
June 13, 2017 BY Valentina Kirilova

IOSCO Task Force issues report on the regulation of wholesale market conduct

The Board of the International Organization of Securities Commissions today published IOSCO Task Force Report on Wholesale Market Conduct, which describes the tools and approaches that IOSCO members use to discourage, identify, prevent and sanction misconduct by individuals in wholesale markets. Wholesale markets are an important source of finance for companies and economic growth. Misconduct…

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fintech
June 13, 2017 BY Valentina Kirilova

Cyborgs Vs Robots: Better Finance 2017 research report on Robo Investing

Today BETTER FINANCE announced that will release its research report on Robo-Investing at the Seminar on Financial Guidance. Financial Guidance, as opposed to Advice, is a fee-based, rather than commission-based, model. This model should ensure a better alignment with client interests. As such Robo-Investing providers may actually be rather well placed to provide financial guidance…

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June 13, 2017 BY Valentina Kirilova

Dash adds Goldman Sachs Robert Boylan to head Business Development

Dash Financial Technologies today announced the appointment of Robert Boylan as Managing Director, Business Development. In this role he will be responsible for further building the firm’s business among both its buy and sell side client bases. Mr. Boylan brings over 25 years’ experience in the capital markets. He joins from Goldman Sachs, where he…

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FxPro Watford FC sponsor
June 13, 2017 BY LeapRate Staff

FxPro to become shirt sponsor of Premier League club Watford FC

Forex Sports Sponsorship... Following our exclusive report last week that big changes were afoot at retail FX and CFDs broker FxPro -  CSO Vanessa Spyrou resigning, planned spreadbetting launch, Premier League shirt sponsor, Dubai FX office coming… - it was revealed over the weekend by Watford FC players modelling their soon-to-be-new uniforms that it will…

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