May 16, 2017 BY admin

ChartIQ launches Finsemble, an HTML5 desktop framework built on OpenFin

ChartIQ, a leader in HTML5 for capital markets, has announced the launch of its latest product. Finsemble is the first HTML5 desktop application framework, providing modern user experience (UX) APIs, drop-in components, and the ability to integrate legacy .NET, and Java alongside HTML5. Clients can use Finsemble to deliver proprietary content and data, along with…

Read more
May 16, 2017 BY FxPro

Push & Pull: USD Pressure & EUR Strength

The Asian session saw equities climb to a fresh-two year high early on Tuesday on the back of an overnight rise in Wall Street fueled by reports that President Trump had disclosed classified information with the Russian Foreign Minister without necessary authorization from the source. This re-fueled the continued underlying uncertainties and reinforced doubts surrounding…

Read more
FINRA's 2018 volume tops 2017 activity by 87%
May 16, 2017 BY Valentina Kirilova

FINRA reviews rules on outside business activities and private securities transactions

The Financial Industry Regulatory Authority (FINRA) today requested comment on its rules governing outside business activities and private securities transactions as part of a new retrospective rule review. The review aligns with the ongoing FINRA360 initiative, a comprehensive review of the organization’s operations and programs. The review centers on rules governing broker-dealer employees’ business and…

Read more
clone firm FCA warning
May 16, 2017 BY Valentina Kirilova

FCA warns against Norde Bank clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Norde Bank. Fraudsters are using the details of firms, authorised by the FCA, to try to convince people that they work for a genuine, authorised firm. Fraudsters are using or giving out the following details as part of their tactics to…

Read more
UN report says North Korea laundered $2 billion theft via Hong Kong firm
May 16, 2017 BY Valentina Kirilova

Former head traders at Nomura Securities charged with fraud

The Securities and Exchange Commission (SEC) charged a pair of former head traders who ran the commercial mortgage-backed securities (CMBS) desk at Nomura Securities International Inc. (ADR) (NYSE:NMR) with deliberately lying to customers in order to inflate the profits of the CMBS desk and line their own pockets as a result. Just last month SEC…

Read more
fma warns against unregulated company
May 16, 2017 BY Valentina Kirilova

Belize regulator IFSC warns against forex broker Fixed Star Investment Inc.

Belize financial regulator IFSC (International Financial Services Commission) has issued a warning regarding retail forex brokerage firm Fixed Star Investment Inc., operating from website http://fxsfx.com/en/index.html. It has come to the notice of the IFSC that an entity calling itself ‘Fixed Star Investment Inc.’ is falsely and fraudulently claiming to hold a trading in securities licence…

Read more
CLS launches same-day FX settlement service, J.P. Morgan and Goldman Sachs to try it first
May 16, 2017 BY Valentina Kirilova

CLS April average daily traded volume down 5% MoM

CLS Group, the market infrastructure provider of risk mitigation services to the global FX market today published its operating metrics for the month of April 2017. The average daily traded volume submitted to CLS was US$1.52 trillion down 5.0% from US$1.60 trillion in March 2017.   April 2016 March 2017 April 2017 Average daily traded…

Read more
FXCM FX trading volumes
May 16, 2017 BY LeapRate Staff

FXCM volumes down 22% MoM in April as FX volatility wanes

Retail forex broker FXCM Group LLC has announced that its trading volumes fell by 22% during April, to $176 billion. The fall in volumes at FXCM, after a fairly strong March, were fairly in line with the volume decline we have seen in April from several other leading retail FX brokers. The results of course…

Read more