After banning Paul White, a former a Japanese Yen (JPY) and Swiss Franc (CHF) LIBOR submitter at Royal Bank of Scotland Group plc (LON:RBS), the Financial Conduct Authority (FCA) today makes another move in relation to its investigation into LIBOR manipulation. The UK regulator published a Decision Notice regarding Mr Arif Hussein, a former derivatives…
Read moreMarkets operator and provider of post trade risk mitigation and information services ICAP plc (LON:IAP) announces today that it has acquired provider of a data analytics platform for hedge funds and prime brokers ENSO Financial Analytics (ENSO). The acquisition has been led by ICAP's FinTech investment incubator Euclid Opportunities, which. made its first investment in…
Read moreAustria's Financial Market Authority (FMA) on Wednesday issued a public warning regarding investment company Daikyo Brokerage Limited. The company, operating via www.daikyo-brokerage-limited.com, offers a variety of investment services, including trading in stocks and various derivatives. The “Contacts” section of Daikyo's website says the broker is based in Japan. The Austrian regulator notes that Daikyo Brokerage…
Read moreCyprus financial regulator CySEC has issued some new directives on Binary Options trading, centering on required increasing transparency from binary options brokers. CySEC has given regulated binary options brokers on the island three months to demonstrate that they are in full compliance with all aspects of the new directives. The directives, reviewed in more detail…
Read moreThomson Reuters Corp (NYSE:TRI) seeks to further enhance the overall trading experience for its FX matching participants via the launch of a new randomization mechanism on its Spot matching venue. The service is set to launch in production for an initial three pairs in June. Randomization in electronic trading refers to deliberately adding delays to…
Read moreIsraeli advertising software developer Adgorithms Ltd (LON:ADGO), which listed on AIM in June last year, has earlier today published its financial metrics for the 12 months to December 31, 2015, with earnings failing to meet expectations. Due to what the company called “ an unforeseen shift in the market”, it delivered revenues of $22.1 million in…
Read moreChicago-based online broker OptionsHouse, part of Aperture Group, was granted registration as Futures Commission Merchant (FCM) on April 13, 2016. The updated status of the company can be viewed on the Broker/Firm Information (Basic) page maintained by the US National Futures Association. The FCM registration is granted about a month after OptionsHouse officially announced its…
Read moreThe Financial Futures Association of Japan (FFAJ) has just published the monthly operating metrics of its members that offer Forex and binary options trading over the counter for March 2016. In tune with what the FX industry has displayed thus far, OTC FX and binary options trading volumes showed a well-pronounced decline last month. As…
Read moreCME Group's Chicago trading floor will remain open for trading of options on futures contracts, as well as for S&P 500 futures contracts.
Read moreThe U.S. Commodity Futures Trading Commission (CFTC) announced today that Dan Rutherford has joined the agency as its first Director of the Office of Customer Education and Outreach. Rutherford joins the CFTC with nearly two decades of personal finance writing and financial education experience. Prior to joining the CFTC, Rutherford was among the team that…
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