Investment Technology Group (NYSE: ITG) an independent broker and financial technology provider, announced the hiring of Ruben Costa-Santos as Director and Head of FX and Andre Nogueira as a Director on the Analytics Team. Ruben Costa-Santos most recently worked at Deutsche Bank, where he served as head of FX Platforms for the Americas. Prior to…
Read moreChina Construction Bank (CCB), China’s second largest commercial bank and the only authorized Renminbi Clearing Bank in Switzerland, announced its plans to work more closely with SIX Securities Services, the Swiss post-trade infrastructure. This cooperation has so far led to CCB and its Zurich Branch working with SIX Securities Services entities: Swiss Interbank Clearing (SIC)…
Read moreThe U.S. Commodity Futures Trading Commission today issued an Order filing and simultaneously settling charges against Advanced Trading Workshop, Inc. (ATW) of Jamesville, New York, for fraudulently soliciting clients and prospective clients to purchase access to an online trading room and failing to register with the CFTC as a Commodity Trading Advisor (CTA) as required.…
Read moreBusiness information giant Thomson Reuters Corp (NYSE:TRI) and Clifford Chance law firm have joined forces to help global financial institutions tackle in a timely, efficient and more cost-effective manner their most pressing regulatory obligations relating to margin rules for uncleared over-the-counter (OTC) derivatives. Pressure on both buy-side and sell-side financial institutions is growing as new regulatory…
Read moreFiserv, Inc. (NASDAQ: FISV), a provider of financial services technology solutions, has partnered with FCTI Inc., ATM network company, to provide transaction processing for nearly 8,000 ATM terminals at franchise- and corporate-owned 7-Eleven stores across the United States. Through the partnership, Fiserv will provide ATM device driving, transaction authorization, network gateway access and switching and…
Read moreTrader Alex Hope has been sentenced to 603 days’ imprisonment for failing to pay the full value of a confiscation order made against him. The Confiscation Order in the sum of £166,696 was made on 12 February 2016 at a hearing before Her Honour Judge Taylor at Southwark Crown Court. The period afforded to Mr Hope…
Read moreAs old fashioned as it is, email contact is a mainstay in engaging with clients in a meaningful manner.
Read moreHong Kong’s financial regulator the Securities and Futures Commission (SFC) has updated its Alert List, which features the names of businesses that are unlicensed in Hong Kong and are believed to be, or to have been, targeting Hong Kong investors or claim to have an association with Hong Kong. Added to the SFC Alert List…
Read moreINTL FCStone Inc. (NASDAQ: INTL) has announced that its London-based subsidiary, INTL FCStone Ltd's Global Payments Division (GPD), launched a financial information exchange (FIX) protocol, which is integrated with its proprietary FXecute global payments platform. The FIX protocol is an electronic communication method for the real-time exchange of information, and its integration with FXecute marks…
Read moreHong Kong’s financial regulator the Securities and Futures Commission (SFC) has updated its Alert List, which features the names of businesses that are unlicensed in Hong Kong and are believed to be, or to have been, targeting Hong Kong investors or claim to have an association with Hong Kong. Added to the SFC Alert List…
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