Senior Russian lawmaker Alexander Bastrykin has President Vladimir Putin's support as he calls for severe criminal punishment for speculators, pointing the metaphorical finger for their contribution to the destabilization of the ruble. Is Russia ready for global, free market currency trading?
Read moreRussian FX company EXNESS, UK based FXPro and Australia's AxiTrader are the latest brokerages to suspend trading in ruble instruments as a result of current liquidity and economic woes in Russia
Read moreMr. Barnett joined the CFTC in August 2011 to organize and head the newly created DSIO, subsequently creating the regulator's swap dealer compliance and registration programs. His tenure at the CFTC has included leading responses to FCMs and FX dealer crises following the failure of MF Global
Read moreThe staff of the Commodity Futures Trading Commission today issued no-action relief for certain Regulation 1.35(a) recordkeeping requirements. The relief is granted to commodity trading advisors (CTAs) registered with the CFTC that are also members of a designated contract market or swap execution facility (SEF) from Rule 1.35(a)’s oral record keeping requirements. The relief also…
Read moreVolumes pop across the board for the young Middle Eastern exchange in November, as it also announces the offering of new settlement services based on Cinnober TRADExpress technology
Read moreWith the ruble drama gathering steam in December and particularly this week, we have seen ruble dealers slash their leverage and also completely pull out of dealing in the currency, which isn't a huge generator of volume to begin with but still causing a big enough shakeup for brokers to issue statements to traders. With…
Read moreBig news continues as one of the largest Forex brokers in the world and LeapRate regulated list member, FXCM (NYSE: FXCM) now halts ruble trading as reported by CNBC. The turmoil in the ruble market is continuing as Russia looks to avert a currency crisis into a full blown collapse. While Vladimir Putin is blaming…
Read moreWith effect from today, Russian venue Moscow Exchange is adjusting the margin requirements on ruble derivatives and futures contracts
Read moreThe defendants concealed trading losses, misappropriated approximately $1 million of pool participants’ funds, issued false account statements to pool participants, and failed to disclose that the counterparty to the retail forex transactions that were offered or entered into with the respective pools was not registered with the CFTC.
Read moreAs an institutional electronic Forex dealing platform, TradeSave FX is an attractive offering for sophisticated low-touch execution clients.
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