Back in summer 2014, LeapRate was first to cover the news of CEO Eric Neo's new project and vision for trading firms to operate in Asia with the latest cutting edge technology in the form of his Trading-Atrium ecosystem. The atrium provides a base for small firms to professionally trade with direct access to financial markets…
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CySEC regulated retail forex and CFDs broker JFD Brokers has announced that it is now offering its clients reduced fee access to AgenaTrader, an award winning third-party trading platform renowned for enabling semi- and fully-automated trading. Like JFD, AgenaTrader was built by traders for traders - one of the reasons it is so popular. JFD…
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The Dubai Commodities Clearing Corporation (DCCC), a Central Counter Party (CCP) in the region and a wholly owned subsidiary of the Dubai Gold & Commodities Exchange (DGCX), announced today its recognition as a third-country CCP (TC-CCP) by the European Securities and Markets Authority (ESMA). This recognition was granted to the DCCC on March 30 under…
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The World Federation of Exchanges (WFE), which represents more than 200 market infrastructure providers including exchanges and CCPs, today published a set of cyber resilience standards designed to be used by WFE members, and other market infrastructure providers, to ensure alignment and common minimum standards across the global system. The standards cover eight key areas:…
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London Stock Exchange today welcomed the largest Sukuk bond to be issued by a supranational globally in 2017, raising $1.25 billion. Listed by Saudi Arabia based, triple-A rated, Islamic Development Bank, it is a five-year bond with a 2.393% yield and reinforces London’s position as a key global venue for Islamic finance. To date nearly…
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This article was written by Klaus Nymand, Partner at MoneyBanker.com Joining the broker-dealer professional has two avenues you can explore. The most common one is applying for a job and settling down as an employee. The second option is a call to the risk takers and those looking for a more rewarding career both in…
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Derivatives marketplace operator CME Group Inc (NASDAQ:CME) today announced that it intends to close its London-based derivatives exchange and clearing house, CME Europe and CME Clearing Europe, by year-end 2017. During the coming months, CME Group will work closely with all market participants and regulators to ensure a smooth transition and an orderly wind down…
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ONEaccess, a Visible Alpha company and corporate access and research valuation platform and ITG (NYSE:ITG), a independent broker and financial technology provider, today announced an agreement to offer investor clients an integrated solution that simplifies compliance with MiFID II requirements around valuing and paying for research content. The integration between the ONEaccess and ITG solutions…
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Migration of major brokers to MetaTrader 5 is well underway. MetaQuotes Software Corp. today announced that XM.com, IC Markets and Hedge Total will launch the multi-asset HFT platform this spring. Chris Zacharia, Marketing Director of XM Group, commented: It is something we have been patiently expecting for a long time, and I truly believe it…
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The Securities and Futures Commission (SFC) has reprimanded iSTAR International Futures Co. Limited, now known as Rifa Futures Limited, and fined it $3 million over failures to comply with anti-money laundering regulatory requirements when processing third party fund transfers. An SFC investigation found that between January and July 2014, Rifa took insufficient steps to mitigate…
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