The U.S. financial regulator National Futures Association (NFA) announced today that President and CEO Daniel Roth has announced his plan to retire in the coming year. NFA's Board of Directors has authorized the formation of a committee to conduct an internal and external search for his successor. NFA is the industry wide, self-regulatory organization for…
Read moreFX settlement giant CLS Group today announced that four new directors have been elected to its Board of Directors at its Annual General Meeting held on April 26, 2016. With the four additions, the CLS Board now totals twenty-three Directors, four of whom are independent and designated as Outside Directors. The four new directors are: Jennifer…
Read moreFCA regulated online broker CMC Markets Plc (LON:CMCX) has announced the launch of new API technology designed to meet the urgent need for reliable liquidity among financial institutions. The API connectivity, which gives banks, brokers, funds and trading desks access to tier-one liquidity and pricing, is a key element of CMC Markets’ enhanced offering for financial institutions.…
Read moreDavid O’Connor and Jean Darsses Join as Managing Directors to Support Global Sales of Spot and Covered FX Products
Read moreDavid O’Connor and Jean Darsses Join as Managing Directors to Support Global Sales of Spot and Covered FX Products
Read moreHong Kong Exchanges and Clearing Limited (HKEX) has received regulatory approval to introduce its planned cash-settled Euro-Renminbi (RMB), Japanese yen-RMB, Australian dollar-RMB and RMB-US dollar futures on Monday, 30 May 2016. HKEX is following up on their plans to further enhance its RMB offering outlined in their 2015 review; coming on the back of achieving yearly record…
Read moreMauritius financial regulator The Financial Services Commission (FSC) has issued a note that IPG Markets Ltd, bearing licence number IT12000004 and having its registered address at 10th Floor, NeXTeracom Tower 1, Cybercity, Ebene has surrendered its Investment Dealer (Discount Broker) Licence in accordance with Section 28 (5) of the Financial Services Act 2007 (the “Act”) on 26 April…
Read moreContinuing a theme we have been reporting on lately of increased sponsorship of sporting clubs and events by leading retail forex brokers worldwide, FCA regulated ICM Capital has become Official Sponsor of the England Polo Team at Chestertons Polo in the Park 2016. ICM Capital’s logo will be placed on the front of all Team England…
Read moreMany FX brokers are looking to become liquidity providers and to distribute their liquidity as look for new avenues to expand.
Read moreEBS BrokerTec, ICAP's market-leading electronic foreign exchange (FX) and fixed income business, announced today that it has completed a rebrand of the product formerly known as MyTreasury and launched EBS Treasury as a cash and FX liquidity management centre for treasurers. As announced in July 2015, EBS Treasury has now gone live with a new…
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