UK regulator PSR receives super-complaint on Push Payments from consumer watchdog Which? LeapRate

September 23, 2016 BY LeapRate Staff

UK regulator PSR receives super-complaint on Push Payments from consumer watchdog Which?

UK payments systems regulator PSR has received a "super-complaint" from Which? relating to concerns it has around consumer safeguards in the market for push payments. Which? is the largest consumer body in the UK, with over 680,000 members that subscribe to its magazine, plus over 335,000 online subscribers. Which? is best known for doing things such as…

September 22, 2016 BY Mike Fox

CFTC charges All City Investments which showed fraudulent 2,675% growth in FX trading

The U.S. Commodity Futures Trading Commission (CFTC) filed a civil enforcement action in the U.S. District Court for the Southern District of New York against Defendants Jamal Y. Vance and All City Investments, LLC (All City), charging Defendants with solicitation fraud in connection with off-exchange Forex transactions and with failure to register as Commodity Trading Advisors (CTAs) with the…

September 22, 2016 BY Mike Fox

Thomson Reuters acquires trading technology company REDI Holdings

Thomson Reuters (NYSE: TRI) has signed a definitive agreement to acquire REDI Holdings, a trading technology pioneer whose flagship REDIPlus execution management system (EMS) provides advanced cross-asset class trading capabilities to the buy-side. The acquisition is expected to close by the end of Q4 subject to customary closing conditions including regulatory approvals. The REDI acquisition…

September 22, 2016 BY LeapRate Staff

smartTrade Technologies launches cross-asset big data analytics solution smartAnalytics

Multi-asset electronic trading solutions provider smartTrade Technologies has announced the launch of smartAnalytics, a cross-asset big data analytics solution. With smartAnalytics, financial firms will achieve a greater control and transparency by being able to store, analyse and visualise all the data flowing through their trading infrastructure. Data is stored in a secure high performance, fully hosted…

September 22, 2016 BY Mike Fox

Gold-i opens office in Japan and appoints Head of Sales APAC

Gold-i announced today it is accelerating its growth plans in Asia with the appointment of industry veteran, Hans von der Recke as Head of Sales for Asia Pacific (APAC) and the opening of a new office in Japan. The appointment coincides with Gold-i celebrating eight years in business and restructuring its UK-based sales team to…

September 22, 2016 BY Mike Fox

Tokyo Commodity Exchange goes live on Nasdaq Trading Technology

Nasdaq, Inc. (Nasdaq:NDAQ) and the Tokyo Commodity Exchange (TOCOM) today announced the successful go-live of TOCOM’s new trading system, which is powered by Nasdaq’s Genium INET technology, as well as Nasdaq Pre-Trade Risk and SMARTS Market Surveillance solutions. The new system is now fully integrated with the Osaka Exchange’s derivatives trading system (J-GATE), which also runs on the same Nasdaq trading…

September 22, 2016 BY Mike Fox

Over one million Russians select new banknotes at final vote

As many as 1,200,395 people voted at the final stage of the competition to select symbols for the Russian Federation's new banknotes. The group of frontrunners is made up of six cities, where number one overtakes number six with a mere margin of eleven thousand votes. The leaders in the vote tend to change rapidly.…

September 22, 2016 BY Mike Fox

SIX partners with Digital Asset to develop distributed ledger technology for Swiss Financial Market

SIX Securities Services, the post-trade infrastructure operator for the Swiss financial sector, and Digital Asset Holdings, a developer of distributed ledger technology for the financial services industry, today announced plans to develop a proof of concept that will demonstrate the commercial viability of distributed ledger technology across the Swiss financial market, with an initial prototype…

September 22, 2016 BY Mike Fox

AlphaVend launches Bitcoin ATM off Piccadilly Circus in London

AlphaVend today switched on its first UK Bitcoin ATM machine in Alisons General Store, just off London's famous Piccadilly Circus. Customers can download an app on their smartphone and in seconds buy Bitcoin with cash. London has a handful of Bitcoin ATMs already but most are either in rather remote spots in outer London, or…

September 22, 2016 BY Mike Fox

Bloomberg launches new Forex solution in the Philippines

Bloomberg today announced that it has launched its tri-party ticketing system for the interbank community in the Philippines, providing real-time access to brokered foreign exchange (FX) forward transactions to market participants. The new system allows brokers to seamlessly trade with clients and report their trades, hence improving operational workflow and enhancing market transparency. Nana Buxani/Bloomberg…